Sigachi Industries Ltd. IPO Gray Market Premium, Kostak Rate
Sigachi Industries Ltd. IPO Gray Market Premium, The company was incorporated as a private limited company in 1989, with the business to manufacture chlorinated paraffin and hydrochloric acid in its manufacturing unit situated at Hyderabad. In the year 1990, the company diversified its product portfolio to manufacture microcrystalline cellulose (“MCC”). The company commenced its export operations in the year 1996 by exporting its first order of MCC to Bangkok. Owing to the consistent efforts of the company, the sale from its export operations constituted 32% of its total sales during the financial year ending March 31, 2004.
In the year 2000, with an aim to diversify its business activities, the company started manufacturing premium grade microcrystalline cellulose by successfully commissioning a spray drier and a multi-fuel furnace, which in turn also increased its manufacturing capacity from 720 metric tonnes per annum to 1,080 metric tonnes per annum.
The company is engaged in manufacturing microcrystalline cellulose (“MCC”) which is widely used as an excipient for finished dosages in the pharmaceutical industry. The inert, non-reactive, free flowing and versatile nature of MCC has varied applications in the pharmaceutical, food, nutraceuticals and the cosmetic industries. It manufactures MCC of various grades ranging from 15 microns to 250 microns. The major grades of MCC manufactured and marketed by the company are branded as HiCel and AceCel. These products are distinguished with the help of different drying techniques employed by the company during the manufacturing process.
How to Open Demat Account, Demat Account
Rs. 160
| 03 Nov 21 | – |
| 02 Nov 21 | 160 |
| 01 Nov 21 | 160 |
Rs. NA
Rs. 10,000.
Expected return- 60%
Promoters Rabindra Prasad Sinha, Chidambarnathan Shanmuganathan, Amit Raj Sinha and RPS Projects & Developers holds a 53.32 per cent stake in the company.
| IPO Opening Date | 01 November 2021 |
| IPO Closing Date | 03 November 2021 |
| Application Timings | 10 AM to 05 PM |
| IPO Size | Rs. 125 Cr |
| Fresh Issue | Rs. – |
| Offer for Sale | Rs. – Cr |
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Share |
| Price Band | Rs. 161 to Rs. 163 per equity share |
| Listing At. | NSE & BSE |
| Minimum Quantity | 90 Shares |
| Minimum Investment (Cut-off Price) | Rs. 14,670 for 1 Lot |
| Maximum Investment (Cut-off Price) Individual | Rs. 190,710 for 13 Lots |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Quota | – |
Sigachi Industries Limited IPO minimum market lot is 27 shares with Rs 14,670 application amount (Cut-off Price). The retail investors can apply up-to 13 lots, 14,670 shares with Rs 190,710 application amount (Cut-off Price).
The S.J.S. Enterprises Limited IPO open date is Nov 01, 2021, and the close date is Nov 03, 2021. The issue may list on Nov 15, 2021.
| IPO Open Date | Nov 01, 2021 |
| IPO Close Date | Nov 03, 2021 |
| Application Timings | 10am to 5pm |
| Basis of Allotment Date | Nov 10, 2021 |
| Initiation of Refunds | Nov 11, 2021 |
| Credit of Shares to Demat Account | Nov 12, 2021 |
| IPO Listing Date | Nov 15, 2021 |
Particulars For the year/period ended (Amount in Crores)
| | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 133.40 Cr | 109.14 Cr | 91.46 Cr |
| Total Revenue | 192.75 Cr | 139.06 Cr | 128.98 Cr |
| Profit After Tax | 30.26 Cr | 20.31 Cr | 19.01 Cr |
Pre Issue Share Holding – 64.64%
Post Issue Share Holding –
Bigshare Services Private Limited.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com/
IPO DRHP: https://www.bseindia.com/corporates/download/392335/DRHP_20200928114343.pdf
IPO RHP: https://www1.nseindia.com/content/equities/IPO_RHP_SIGACHI.pdf
IPO Issue Amount : Upto Rs. 125 Cr. The IPO Open 01 November 2021 To 03 November 2021.
Login zerodha/kite app with your user id and password and go to user section (console) and choose IPO option SIL IPO click Bid and fill your UPI id and quantity tick cut-off price and tick the term condition and rule regulations and click submit and pay the amount, open your upi app and click pay option and enter your upi payment pin then click pay, if enter your upi pin IPO amount debit/hold on your bank account, Maintain the balance on bank account.
Sigachi Industries Limited.
Registered Office:
229/1 & 90, Kalyan’s Tulsiram Chambers,
Madinaguda, Hyderabad- 500 049,
Telangana, India
Phone: +91 040 4011 4874
Email: cs@sigachi.com
For Domestic: mailto:mktg.dgm@sigachi.com
For Export:mktg.gm@sigachi.com
Website: https://sigachi.com/
IPO Open 01 November 2021 To 03 November 2021.
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