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Sigachi Industries IPO GMP - Grey Market Premium Today , Date, Review

Sigachi Industries IPO GMP - Sigachi Grey Market Premium

Sigachi Industries is running grey market premium of 60%. According to Grey Market Premium, the Sigachi is likely to have a great listing. Sigachi Industries will be listed on 15th November 2021. Know everything about Sigachi Industries IPO - Sigachi Industries IPO GMP (Sigachi Industries Grey Market Premium), IPO Date, Sigachi Industries IPO Review, All important dates, Benifits and Risk. We will update Grey Market Premium everyday. Everytihing about Sigachi Industries IPO is given below. 
Sigachi Industries IPO GMP

    Sigachi Industries IPO

    Sigachi Industries is going to bring its IPO to the market on November 01. You can apply for Sigachi Industries IPO from 01 October 2021 to 03 November 2021. Sigachi Industries is looking to raise ₹125 crore through an IPO. Sigachi IPO Price band is ₹161 - ₹163. Sigachi IPO will be listed on November 15. The IPO of Sigachi Industries will be listed on NSE and BSE.

    The price band of Sigachi Industries IPO is ₹161 to ₹163. If we talk about quota for IPO, then retail quota is 35%, QIB 50%, and HNI 15%. The company recorded a profit of about ₹30 crores till March 2021, while in March 2020 the company had a profit of ₹20 crores. Read about Nykaa IPO. Sigachi Industries's grey market premium is running around 50%.

    What is Sigachi Industries IPO GMP today?
    Sigachi Industries IPO GMP: ₹200.

    What is the Sigachi Industries IPO Price Band?
    Sigachi Industries IPO Price band is ₹161 - ₹163.

    What is Sigachi Industries IPO Expected Return?
    Sigachi Industries IPO Expected Returns is 80-90%.

    About Sigachi Industries

    Sigachi Industries was incorporated in 1989. The company is one of the leading players in Pharma Excipients, Nutraceuticals, and Food Ingredients. Sigachi Industries is one of the largest manufacturers of microcrystalline cellulose in the world. Sigachi Industries manufactures Microcrystalline Cellulose (MCC), which is widely used in the pharmaceutical industry. 

    MCC (Microcrystalline Cellulose) is used in the pharmaceutical, food, nutraceuticals, and cosmetic industries. The company has a worldwide supply chain with a worldwide customer base. The company has emerged as a reliable supplier for its products in Asia, Australia, the American continent, Europe, and the Middle East.

    The company majorly manufactures various grades of Microcrystalline Cellulose (MCC) ranging from 15 microns to 250 microns. The company has an in-house R&D division that is equipped with the necessary facilities to conduct all the necessary tests to develop new molecules from concept to commissioning.

    Official Website: Sigachi Industries Limited

    Purpose of the offer 

    • To finance capital expenditure.
    • For the expansion of the MCC production capacity of the company.
    • For capital expenditure for the construction of CCS on the proposed unit by the company.
    • To serve the general corporate purpose.

    Sigachi Industries GMP Today (Grey Market Premium)

    DATEGMPKOSTAKSubject to Sauda
    12 November 
    11 November 
    10 November₹200₹250₹12000
    09 November₹200₹350₹12000
    08 November₹190₹350₹12000
    07 November₹190₹350₹12000
    06 November₹190₹350₹12000
    05 November₹190₹350₹12000
    04 November₹190₹350₹12000
    03 November₹180₹350₹10000
    02 November₹160₹300₹8000
    01 November₹150₹300₹6000
    31 October₹110₹250₹6000
    30 October₹110₹250₹6000
    29 October₹100₹250₹5000
    28 October₹80₹250₹4500
    27 October₹-₹-₹-
    26 October₹-₹-₹-
    25 October₹-₹-₹-

    Sigachi Industries IPO Date and  Price Band Details

    Sigachi Industries IPO open date: 01 November 2021, Closing date: 03 November 2021, and Listing date: 15 November 2021. The price band of Sigachi Industries IPO is ₹161 to ₹163 per share. Sigachi Industries IPO issue size is Rs 125 crores. Sigachi Industries Ipo retails quota is 35%, QIB Portion is 50% and NII Portion 15%.

    IPO Open:01 November 2021
    IPO Close:03 November 2021
    Listing Date:15 November 2021
    Listing On:NSE & BSE
    IPO Size:Approx ₹125 Cr.
    Fresh Issue:Approx 7,695,000 Equity Shares
    Offer For Sale:N/A
    Price Band:₹161 to ₹163 per share
    Face Value:₹10 / Equity share
    Issue Type:Book Build
    Retail Quota:35%

    Sigachi Industries IPO Market Lot & Size

    Sigachi Industries IPO's minimum lot size is 90 shares with ₹14,670 application amount and the maximum lot size is 1170 shares with ₹190,710 application amount.

    Minimum Lot:01
    Minimum Lot Size:90 Shares
    Minimum Amount:₹14,670
    Maximum Lot:13
    Maximum Lot Size:1170 Shares
    Maximum Amount:₹190,710

    Sigachi Industries IPO Allotment & Listing Date

    Ipo Opening Date:01 November 2021
    IPO Closing Date:03 November 2021
    Basis of Allotment:10 November 2021
    Refund Date:11 November 2021
    Credit to Demat Account:12 November 2021
    Listing Date:15 November 2021

    Sigachi Industries IPO Review

    HappiestPost View: To be updated.

    Anil Singhvi Review: To be updated.

    Brokerage Firm IPO Reviews

    • Motilal Oswal: To be updated
    • ICICI Securities: To be updated
    • Capital Market: To be updated
    • Ventura Securities Limited: To be updated
    • GEPL Capital Ltd: To be updated soon


    • The company is one of the leading manufacturers of MCC in India.
    • The company has a long market presence in India and internationally.
    • The company has an experienced management team.
    • The company has a wide product portfolio and the capability to serve diverse end-use applications.
    • The company has a long-term relationship with its customers.
    • The company has a strong focus on R&D.
    • The company has quality assurance and control in its products and facilities.
    • The company's financials are also good
    • The company has a highly experienced management team.


    • If the quality of the company declines, then the long-standing relationship with the customers can get spoiled.
    • The company has to continuously focus on R&D
    • At present, the company is continuously increasing its profit, but a big question is whether the company is able to keep itself profitable or not.

    Sigachi Industries Financials

    Sigachi Industries Financials (in INR Crores)

    YearTotal AssetsRevenueProfit


    • Amit Raj Sinha
    • Rabindra Prasad Sinha
    • Chidambarnathan Shanmuganathan
    • RPS Projects & Developers Private Limited

    Sigachi Industries IPO Registers

    Bigshare Services Private Limited
    Phone: +91-22-6263 8200
    Email: ipo@bigshareonline.com

    Lead Managers

    • Unistone Capital Pvt Ltd

    Company Contact and Address

    Sigachi Industries Limited
    229/1 & 90, Kalyan’s Tulsiram Chambers,
    Madinaguda, Hyderabad- 500 049,
    Telangana, India
    Phone: +91 040 4011 4874
    Email: cs@sigachi.com


    The company is a market leader in its field, as well as the presence of the company is not only in India but also in many foreign countries. If you look at the company's financials, the company has continuously increased its profit over the years. You can go for a great listing as well as apply for a longer tenure. If we talk about us, then our reaction is positive about sigachi industries IPO. You should do more research about the company before applying. Which will help you to make better decisions.

    FAQs About Sigachi Industries Ipo

    What is the opening date of Sigachi Industries IPO?
    Sigachi Industries IPO's opening date is 01 November 2021.

    What is Sigachi Industries IPO GMP Today?
    Sigachi Industries IPO GMP is ₹200.

    What is the Sigachi Industries IPO Closing date?
    Sigachi Industries IPO Closing date is 03 November 2021.

    What is the Sigachi Industries IPO allotment date?
    Sigachi Industries IPO allotment date is 10 November 2021.

    What is the Sigachi Industries IPO listing date?
    Sigachi Industries IPO listing date is 15 November 2021.

    What is the Sigachi Industries IPO Price band?
    Sigachi Industries IPO price band is ₹161 to ₹163.

    What is Sigachi Industries IPO Expected Returns after Listing?
    Sigachi Industries IPO Expected Returns is 60% to 70%.

    Read More:

    For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

    How to Apply the Sigachi Industries Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Sigachi Industries Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.) 
    7. Then Submit the IPO Application Form. 
    8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.

    !Note:- Sigachi Industries IPO official details are announced. Sigachi Industries IPO Grey Market Premium (GMP) is given above. You can visit our page for daily Sigachi Industries IPO grey market premium and Other important updates.

    We hope you like this article about Sigachi Industries IPO. If you have a query about Sigachi Industries IPO Please post a comment. 

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