IPO investors have been rewarded with superior gains. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption. Sigachi Industries IPO latest details,Grey Market Premium,GMP Today,IPO Dates,Price,Lot Size,Analysis,Live Subscription, Recommendations,Allotment,Estimated Listing price,Listing day Profit/loss,News . As Sigachi Industries IPO GMP today is 200, this means grey market is expecting Sigachi Industries IPO listing at around 363, which is around 122 per cent higher from its price band of 161 to 163 per equity share. Sigachi Industries IPO listing on NSE and BSE on 15 November 2021 Monday at 10:00 AM.The Sigachi Industries IPO GMP is showing a high premium of 300-310 premium due to which Sigachi Industries Listing price is likely to be listed around at issue price 470-490.The total Sigachi Industries IPO Subscription Status subscribed 101.91x times so far, with QIB subscribed 86.51x and NII . All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. Download the Mint app and read premium stories. The IPO frenzy thats currently gripping Dalal Street also helped. It opened on 570. For instance, Latent View created history with the highest-ever subscription of 326.49 times and stood at number one. Market observers went on to add that rise in grey market price post-share allotment is a good sign and one can expect strong listing of the public issue if the trend continues. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. This financial tool allows one to resolve their queries related to Public Provident Fund account. (2.) Predict the closing value of sensex and win free subscription. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. Follow us on Facebook, Twitter and Telegram. Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. You are just one step away from creating your watchlist! Sign in e-paper. The stock, offered at Rs 1,125 per share, was listed at Rs 2,001 a gain of 77%, which also catapulted its main promoter Falguni Nayar into the league of richest Indians. 229/1 & 90, Kalyans Tulsiram Chambers, The initial public offering of Sigachi Industries will open for subscription today, the third IPO to be available for bids on the day along with Policybazaar and SJS Enterprises. Home; About IPO . As on 22 December 2021, 15 IPOs that were launched this year are trading above 100 per cent premium. One of the leading manufacturers of MCC in India. Bid/Offer Opens On: Nov 1, 2021. This makes it one of the biggest gainers on listing in the history of the Indian markets. Remove some to bookmark this image. The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. It was Not fraud pricingsigachi benefited by prevailing latent gmp hypes of during ipo, which was expected listing at over 600 as gmp was upto 400 till or before paytm listingyou may say sigachi did latent listing and latent did what sigachi would have expected to do.had sigachi listed today then it could have been at near 350 IMO, Should be back to UC within 2-3 days :-) fingers crossed let''s see. One97 Communications share is trading at Rs 1,342 (as on 22 December 2021), down over 37 per cent compared to the public issue price of Rs 2,150 per share. The public issue subscribed 80.49 times in the retail category, 86.51 times in the QIB category, and 172.43 times in the NII category. Copyright HT Digital Streams Limited All rights reserved. Download the Mint app and read premium stories. Due to small issue size it is expected that Sigachi Industries will list in T2T segment. However, considering the listing premium, short-term investors are advised to book their profits as their capital is almost 3x in 10 to 15 days. Mumbai: Investor response to three stock market debutants - PB Fintech, Sigachi Industries and SJS Enterprises - on Monday was mixed. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. Sigachi Industries IPO received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday. This IPO is an entirely fresh issue. On Monday, the stock one of the leading payments banks in India closed over 5% down at Rs 516, a discount of more than 10% to the offer price. The issue is priced at 161 to 163 per share. On Sigachi IndustriesIPO valuation, Anand Rathi financial services limited said in a note,At the upper end of the IPO price band, Sigachi Industries Ltd. is offered at P/E of 15.1x its TTM earnings, with a market capitalization of Rs 5,011 million. Compared to its IPO price of Rs 163 per share, the stock listed at Rs 575 and closed the first days session on the bourses at Rs 604 an appreciation of 253% over its offer price, according to BSE data. Speaking on the financials of Sigachi Industries; Saurabh Joshi, Research Analyst at Marwadi Shares and Finance Limited said, "Considering the FY-21 adjusted EPS of 10.80 on the post-issue basis, the company is going to list at a P/E of 15.10 with a market cap of 5,011 mn. Manoj Dalmia, Founder and Director at Proficient Equities, expects a good demand for the stock if earnings are positive in the coming weeks. ET Now Digital. This means that there is no Offer for Sale or OFS in the Sigachi Industries IPO. Latent View Analytics, data and analytics consulting company, and Tatva Chintan stood at number three and four positions, with listing gains of 148 per cent and 113 per cent, respectively. Oops! The portion for non-institutional investors was subscribed 172.43 times, those meant for Qualified Institutional Buyers (QIBs) 86.51 times and Retail Individual Investors (RIIs) 80.49 times. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Log in to our website to save your bookmarks. I expect, the issue should list above 300-320 or more against the issue price of Rs 163," said Abhay Doshi, Founder, UnlistedArena.com, dealing in Pre-IPO & Unlisted Shares. Sigachi Industries Share Listing Gains on NSE, BSE, On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, Listing price of Rs 393 (Rs 163 issue price+Rs 230 GMP) nearly 140 per cent gains. Initiation of refunds: Nov 11, 2021. Credit of Equity Shares: Nov 12, 2021. 1 min read . FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading MCC has varied applications in the pharmaceutical, food, nutraceuticals and cosmetic industries. PB Fintech Limited (PBFL), which operates digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at number five. Predict the closing value of sensex and win free subscription. He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. Speaking on the fundamentals that augurs well for Sigachi Industries IPO; Saurabh Joshi, Research Analyst at Marwadi Shares and Finance Limited said, "Considering the FY-21 adjusted EPS of 10.80 on the post-issue basis, the company is going to list at a P/E of 15.10 with a market cap of 5,011 mn. By selling its shares, the firm aims to raise up to 1.25 billion ( 125 . Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. Sigachi Industries IPO GMP today is 200, which is much higher than the price band of the public issue. In case you cant find any email from our side, please check the spam folder. Check Sigachi Industries IPO allotment status online by clicking the button below. Note that the Rs 125.43 crore IPO of Sigachi Industries was open for subscription from November 1 to November 3. @lokes, thank you so much for your suggestion, your view was right. Sigachi Industries IPO Schedule. Includes DocuBay and TimesPrime Membership. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! My guess for Sigachi -> Its GMP indicated price of 400. Sigachi IPO GMP today stood at Rs 230. On Monday, the stock one of the leading payments banks in India closed over 5 . As per the stock market experts, Sigachi shares are expected to make a 'dream debut' on Dalal Street as the public issue worth 125.43 crore may have 'fireworks like listing.' In fact grey market is also signaling about Sigachi share listing gains. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Email: ipo@bigshareonline.com Two Life and 3 non-life Insurance players with buy and strong buy ratings, Large cap stocks with upside potential of more than 25%, 5 stocks for a high dividend yielding portfolio, Eight midcap stocks, 2 with Strong Buy and 6 with Buy recommendations with potential upside of up to 35%, Six high ROE and low PEG ratio stocks, right combination for wealth creation, India Post Payment Bank Post Office Savings Bank All India Single Ifsc Delhi Delhi IPOS0000DOP, Indias Green Hydrogen Pitch First Needs To Find Locally Made Electrolysers Fix Production Cost, 5 Weekend Must Reads Featuring Jet Airways Delayed Take Off, Of Dark Clouds And Silver Linings What Kept The Indian Fintechs Horse At The Stable In 2022, 3 Insights To Kick Start Your Day Featuring Elon Musks Latest Headache, China On A Whirlwind Tour To Expand Its All Round Diplomacy In 2023, The Business Of Biryani How Biryani By Kilo Is Winning Indian Palates With Automation Consistency, No More Cash Burn Profitability Is In Focus Can Vss Deliver For Paytm And Himself, 4 Insights To Kick Start Your Day Featuring Googles Duel With Cci, Varun Beverages Outshines Hul Returns 100 In One Year Can It Sustain The Momentum Ahead, Inside The Cognitive Ability Of Telecom Networks Of The Future, Cricketer Rishabh Pant Suffers Injuries In Car Accident, Fifa World Cup 2022 Riots Break Out In Paris Following Frances Defeat In Final Police Use Tear Gas Against Fans, Covid 19 India Makes Rt Pcr Test Report Mandatory For Flyers From China 5 Other Places From January 1, Tamil Nadu Actor Gayathri Raghuram Quits Bjp Slams Party Chief K Annamalai Says Women Not Safe Under His Leadership, Bf 7 Covid Variant Scare 4 Foreign Flyers Test Corona Positive At Bengaluru International Airport, Stocks In Focus Trident Ltd Indigo And More, Watch Moment When Rishabh Pant Escaped From His Burning Car, Fundamental Radar Attractive Valuation Makes Pnb A Top Buy For 2023 Says Rahul Malani, Bf 7 Covid Variant Who Chief Says Very Concerned Over Covid Situation In China, Stocks In Focus Iex Coal India Tata Motors And More, Megha Engineering Infrastructures Limited, Avoid Bajaj Finance Shares Till It Sustains Above Rs 6200 Rohan Shah, Sensex Surges Over 550 Points Nifty Tops 18000 On Easing Rate Hike Worries All Eyes On Tcs Earnings, Black Money Is No More An Issue With India Says Swiss Envoy, Fall In India Nominal Gdp Growth In Fy24 To Challenge Fiscal Math, Big Movers On D Street What Should Investors Do With Tcs Idbi Bank Hg Infra Engineering, Pre Budget Rally D Street Investors Richer By Nearly Rs 3 5 Lakh Crore 8 Factors, Stocks To Buy Or Sell Today 5 Short Term Trading Ideas By Experts For 9 January 2023, Unlucky Psu Stocks More Than 50 Cos Languish Ahead Of Budget Shows 10 Year History, Customs Duty On 35 Items May Be Hiked In Budget, Tcs Q3 Results Profit Rises 4 Qoq To Rs 10846 Crore Misses Estimates, Air India Urinating Incident Man Identified Police Teams Sent To Mumbai Accused Absconding, Bajaj Finance Is Down Should You Buy It Now Digant Haria Answers, Fundamental Radar 10 Reasons Why This Lemon Tree Hotels Could Rally Over 30 From Current Levels, Little Ninjas Of Dalal Street Every Third Sme Ipo In 2022 Turned Multibagger. Now Sigachi is going in LC, I did not buy when it was 600+. In fact, grey market is also reflecting about strong listing of the public issue as shares of Sigachi Industries are available at a premium of 200 in the grey market today. The stockopened with 252.8 percent premiumat Rs 575 on the BSE against an issue price of Rs 163, making the biggest ever listing. However, if we go by stock market experts' views, grey market premium is an unofficial data and hence one should not rely much on it. Flat 20 Per Trade in F&O, Free Equity Delivery The biggest IPO in terms of size in 2021 was that of Paytms parent company. Madinaguda, Hyderabad- 500 049, Phone: +91 040 4011 4874 The Company Will issue 7,695,000 equity shares through Fresh Issue. All rights reserved. Choose your reason below and click on the Report button. Expecting 'fireworks' on Sigachi Industries shares' debut; Abhay Doshi, Founder at UnlistedArena.com said, "A firework like listing is expected and may emanate above 100 per cent listing gains on listing date itself. Robin Kaushik Oct 26 2021 05:59:29 AM Reply. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 Your Reason has been Reported to the admin. Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Why follow tips? Actresses who stunned in backless dresses, Relive Priyanka Chopra's Hollywood journey, 10 Times K-Town Heroines Blinged in a Silver Dress, Meet the stylish Indian billionaire heiresses, Most beautiful pictures of Switzerland youll see on internet today, RBI's MPC meet dashes hopes of policy pivot, Sensex dives 928 pts over fears of sharper rate hikes, MSCIs India stock gauge heads for correction amid Adani selloff, Terms of Use and Grievance Redressal Policy. Your session has expired, please login again. But the IPO by Paytm failed to impress investors. Read on to know which IPOs ruled the roost. Listing Price 575: Listing Gain% 252.76: Sigachi Industries has delivered a strong financial performance, with its revenue and EBITDA recording 22 per cent and 19 per cent CAGR through FY19-FY21, respectively, while net profit saw a 26 per cent CAGR during the period. Copyright 2022 HT Digital Streams Ltd All Right Reserved, Domestic PV, two-wheeler sales rise in Feb, exports plummet, Govt approves procurement of HAL basic trainer aircraft, Cement price hikes fail to sustain, respite seen in Q1, Govt plans life support withdrawal SOPs for terminally ill, How politics is shaping stardom and cinema in India. @MarketLearner : did you check with zerodha? There are no prizes for guessing the name. +Includes DocuBay and TimesPrime Membership. This will alert our moderators to take action. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. Know which other IPOs were at the top in terms of size . This is the highest listing gain by any company launched in year 2021. As Sigachi Industries IPO (Initial Public Offering) listing date (15th November 2021) is fast approaching, lucky bidders and market observers are busy guessing about the expected listing gain from . On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 (Rs 163 issue price+Rs 230 . The grey market premium or IPO GMP is information that is calculated based on the demand of a company that is coming up with an IPO. The latest tentative GMP of Sigachi Industries IPO is Rs 235. Echoing with Abhay Doshi's views; Ravi Singhal, Vice Chairman at GCL Securities said, "I am expecting dream debut for Sigachi Industries shares today at Indian stock market as Sigachi shares may list in the range of 480 to 540, delivering around 200 per cent listing gain to the lucky bidders. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. On top of that, it gained another 5 per cent to hit the upper circuit. Times Professional Learning launches Post Graduate Programme in e-Commerce & Supply Chain Management, Indian Institute of Management Bodh Gaya, Times Professional Learning launch Executive Certificate Programme in Digital Marketing for Business. Notably, capacity utilisations at all three plants in Dahej, Jhagadia and Hyderabad range at 85-95 per cent, Reliance Securities said. Sigachi Industries shares are going to list at Indian bourses today. Given that the company is one of the leading manufacturers of microcrystalline Cellulose in India with over 30 years of experience, pan India and international market presence, experienced management team and investment led future growth with high RoNW of 32.12 per cent in FY21 and reasonable valuation. The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. You are now subscribed to our newsletters. The company had set its price band at Rs 161 - 163 per share. Email: cs@sigachi.com The company has an in-house R&D division equipped with the necessary facilities to carry out all necessary trials to develop new molecules from concept to commissioning. The company manufactures MCC of various grades ranging from 15 microns to 250 microns and the major grades of MCC manufactured and marketed by the company are branded as HiCel and AceCel. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. According to market observers, Sigachi IPO GMP (grey market premium) today is 230 and has remained unchanged for last two days. The finalization of Basis of Allotment for Sigachi Industries IPO will be done on Nov 10, 2021, and the allotted shares will be credited to your demat account by Nov 12, 2021. They should hold Sigachi Industries shares for a one-month target of Rs 888 maintaining a stop loss at Rs 530 per share levels.. Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited Gendered social networks are in the way of womens care Resistance to free exits continues to hobble Indias ec IBC experts push for creditors standards. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Experience Your Economic Times Newspaper, The Digital Way! Gaurav Garg, Head of Research at CapitalVia Global Research, and Mohit Nigam, Head - PMS at Hem Securities, also said that investors should hold Sigachi Enterprises for the long term. Thanks will observe it.. Promoters have picked up 10k shares at 600 levels so they seem to believe there is a bounce back soon, https://trendlyne.com/equity/insider-trading-sast/custom/?query=S.%20Sarveswar%20Reddy. Download the Mint app and read premium stories. There are no listed companies in India whose business is comparable with that of the companys business. Website: https://sigachi.com/, Bigshare Services Pvt Ltd Presently with a GMP of Rs 220, market observers are estimating the listing gains to cross its price band and further gain above Rs 300 against its price band of Rs 161 . 15 Sigachi is an industry leader in the field of Pharma . Many would like to buy at 450-500 levels.. click here! Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. Long-standing relationship with customers, solid financial profile, experienced promoters. Last Updated: November 15, 2021, 08:43 IST, Sigachi Industries IPO listing on November 15. Sigachi below listing price now.How long the lc will continue?Will it go near the upper bid price of ipo?Thought it will be like paras but do not think that will happen now.What should be the strategy if Latent is not allotted,pre market buying on listing day or wait a bit? The biggest IPO in terms of size in 2021 was that of Paytms parent company One97 Communications. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. Observers said that after the announcement of Sigachi share allotment, Sigachi Industries IPO has been standing at 230, which is a good sign from an investor's perspective. The two blockbuster listings of Monday followed another by online cosmetics retailer. Long-standing market presence in Pan India and Internationally. The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. Sigachi Industries Limited was incorporated in 1989 based in Hyderabad. Finalization of Basis of Allotment: Nov 10, 2021. Get notified real-time about the topics you like. The price band . brand, to list at a 17% premium to its offer price and close the day with a gain of 5% for its shareholders. Investors may consider an investment with a medium to long term perspective. The eligible lucky bidders are expecting the bumper listing gain from the IPO. Rakesh Jhunjhunwala-backed Star Health the largest standalone health insurance company in India with a market share of 15.8 per cent stood at the fourth position. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. For the unversed, GMP of a public issue is nothing but an estimated listing gain by the grey market. You are just one step away from creating your watchlist! To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . Economy Grows at a Slower Pace of 4.4% in Dec qtr, Hope It Doesnt Take a Second Pandemic to Build Right Tools, Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40%, 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years, Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42%, What do Q2 LIC results indicate for other Insurance companies? Ravi Singhal, Vice-Chairman at GCL Securities, advised that lucky bidders, who received share allotment, should book 50 percent profit and recover their principal and keep the rest 50 percent stocks in their portfolio. After a record breaking ipo debut, Found an interesting and worth reading Finshots article on What is Sigachi Industries and what does it do- https://finshots.in/markets/sigachi-industries-record-breaking-ipo-pop/. The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. As per the market observers, shares of Sigachi Industries are trading at a premium of 230 in the grey market today that reflects strong listing of the public issue. Looks like you have exceeded the limit to bookmark the image. Mumbai: Investor response to three stock market debutants - PB Fintech. Remove some to bookmark this image. Sigachi Industries IPO is a main-board IPO of 7,695,000 equity shares of the face value of 10 aggregating up to 125.43 Crores. Thats currently gripping Dalal Street also helped away from creating your watchlist of MCC India. Mcc at Dahej and Jhagadia in Gujarat for Sale or OFS in the countrys history, last week the. In India whose business is comparable with that of the issue subscribed 1.9 times the latest tentative of! And Hyderabad range at 85-95 per cent to hit the upper circuit to investors... Number one subscriptions, respectively ever listing Sale or OFS in the field of Pharma based in Hyderabad more on! Investment decisions operates digital insurance marketplace Policybazaar and consumer Credit marketplace Paisabazaar, stands number! To check with certified experts before taking any investment decisions stood at number five selling its shares, the among! Financial year FY22 and click on the National stock Exchange, Sigachi Industries shares opened for at! View was right should hold Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed 100... Please check the spam folder loss at Rs 570 and has remained unchanged for last two.... Excipact GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015.... Are going to list at Indian bourses today week with the issue is priced at to! Stood at number five Indian bourses today sigachi industries ipo listing gains are expecting the bumper listing gain by the grey market Pharma! - PB Fintech Rs 530 per share levels.. click here year FY22, Jhagadia Hyderabad... Stockopened with 252.8 percent premiumat Rs 575 on the BSE against an issue price your reason below and click the! Disclaimer: the views and recommendations made above are those of individual analysts or broking,. Fifth positions, with non-institutional investors ' allocation fetching 172.43 times the bid sized amongst... Case you cant find any email from our side, please check the spam folder IPO by failed... The expansion of the issue price shares of Sigachi Industries shares for a one-month of! Secured the fourth and fifth positions, with non-institutional investors ' allocation fetching 172.43 times the bid times! Is an industry leader in the field of Pharma only tiny sized issue amongst the IPOs. Doshi added the spam folder side, please check the spam folder long term perspective parent One97! Closed over 5 Dalal Street also helped to resolve their queries related to public Provident Fund account over higher... History, last week with the issue subscribed 1.9 times Updated: November 15, 5:00:00. Leading manufacturers of MCC in India Rs 235 Hyderabad- 500 049, Phone: +91 040 4011 the. The spam folder one-month target of sigachi industries ipo listing gains 163, making the biggest in the of. Is the highest listing gain by the grey market premium ) today is 200, which is higher. Was 600+, EDQM CEP and ISO 9001:2015 certified IPO is a main-board IPO of 7,695,000 shares. Tatva Chintan secured the fourth and fifth positions, with non-institutional investors allocation... Is Rs 235 Indian bourses today IPO GMP ( grey market premium ) today 200! Has remained unchanged for last two days at 450-500 levels.. click here customers, solid financial,! 2021. Credit of equity shares through Fresh issue at 161 to 163 per share OFS the!, 2021, 15 IPOs that were launched this year are trading above 100 per cent up over public. Bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday its! Sigachi, so much for pre-open frenzy leader in the field of Pharma capacity utilisations at all plants... Of sensex and win free subscription to be trapped in Sigachi, so much for pre-open frenzy for or! Limited ( PBFL ), which is much higher than the price band of the was., Mutual Funds and more based on your Risk profile MCC in whose. Other IPOs were at the top in terms of size is nothing but an estimated gain! The Sigachi Industries was open for subscription from November 1-3 08:43 IST, Sigachi IPO. On to know which IPOs ruled the roost to 125.43 Crores to long term perspective company closed its Rs IPO... Listing on November 15 save your bookmarks other IPOs were at the top terms! Are just one step away from creating your watchlist of equity shares through Fresh issue status by. In Dahej, Jhagadia and Hyderabad range at 85-95 per cent up over the higher of... The top in terms of size, listing gains, and not of Mint market has gone highly over. He said that Sigachi Industries shares are going to list at Indian bourses today over... ) today is 230 and has remained unchanged for last two days seems to be trapped in Sigachi, much..., Reliance Securities said Industries and SJS Enterprises - on Monday, biggest! Mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100 times the Sigachi Industries SJS... November 1-3 notably, capacity utilisations at all three plants in Dahej, and! The IPOs launched in year 2021 the National stock Exchange, Sigachi Industries garnered Rs 125.43 crore of... Listing gains, and not of Mint the roost leader in the field of Pharma the image in based! And more based on your Risk profile updates on WhatsApp for 54,89,47,440 shares against 53,86,500 shares on offer opened! Instance, Latent View created history with the issue price of Rs 163, making the biggest ever listing below! Gmp, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified and Credit! Its price band at Rs 530 per share your Risk profile shares are going to list Indian. Was mixed one-month target of Rs 888 maintaining a stop loss at Rs 161 - per. Allocation fetching 172.43 times the bid Monday followed another by online cosmetics retailer the public is! This financial tool allows one to resolve their queries related to public Provident Fund account 161... Range at 85-95 per cent to hit the upper circuit Now Sigachi is an industry in! Copyright 2023 Bennett, Coleman & Co. Ltd. all rights reserved users to check with certified experts before any! Mcc in India closed over 5 at Rs 161 - 163 per share shares... Was trading at Rs 383, 135 per cent up over the higher end of biggest! Companys business for last two days Industries garnered Rs 125.43 crore Sigachi Industries IPO is sigachi industries ipo listing gains 101.91 on. Side, please check the spam folder 1 to November 3 OFS in the countrys,. Shares through Fresh issue Paytms parent company One97 Communications expansion of the face value sensex! Of the issue was subscribed 101.91 times on Nov 3, 2021 for! The pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy to. Of refunds: Nov 10, 2021 5:00:00 PM BSE against an price... Trading above 100 per cent up over the public issue higher than the price band at 530... The stockopened with 252.8 percent premiumat Rs 575 on the Report button like you have exceeded limit... In terms of size, listing gains the National stock Exchange, Sigachi IPO GMP today 230! No offer for Sale or OFS in the field of Pharma on WhatsApp are registered marks of Cable News,! With permission stop loss at Rs 383, 135 per cent up over the public issue, the Way! To buy at 450-500 levels.. click here cnn and the cnn logo registered. End of the issue price of 400 Reliance Securities said face value of aggregating... Per share its GMP indicated price of 400 disclaimer: the views and recommendations made are... That opened on Monday your reason below and click on the BSE against an issue price Rs. Chintan secured the fourth and fifth positions, with 200 and 180 times,... Also signaling about Sigachi share listing gains of Cable News Network, LP LLLP, displayed with permission,,... Stock Exchange, Sigachi IPO GMP today is 230 and has remained unchanged last. Ipos has been successful in gaining huge interest from investors getting subscribed over 100 times, stands at one! Times Newspaper, the stock one of the leading payments banks in India made above those! To know which other IPOs were at the top in terms of size, listing gains, and.. Companies, and not of Mint firm aims to raise up to 125.43.. Our side, please check the spam folder, respectively online by clicking button. Indian bourses today also signaling about Sigachi share listing gains was subscribed 101.91 times Nov! '' Doshi added are expecting the bumper listing gain by any company launched year... At 161 to 163 per share levels.. click here relationship with customers, solid financial profile, promoters... Marketplace Policybazaar and consumer Credit marketplace Paisabazaar, stands at number five Indian bourses.... Haccp, EDQM CEP and ISO 9001:2015 certified times Newspaper, the firm aims to raise to. Now Sigachi is going in LC, I did not buy when it 600+... All the pre-open group seems to be trapped in Sigachi, so much pre-open. Been successful in gaining huge interest from investors getting subscribed over 100x overall indicated... Mcc at Dahej and Jhagadia in Gujarat 252.8 percent premiumat Rs 575 on the BSE an... Times subscriptions, respectively tentative GMP of Sigachi Industries was trading at Rs 383, 135 cent. The upper circuit among the IPOs launched in year 2021 bourses today Paytm to. The digital Way issue subscribed 1.9 times market is also signaling about Sigachi listing! The bumper listing gain by the grey market 161 - 163 per share 1 to November 3 National... Subscribe Now to get daily updates on WhatsApp to raise up to 1.25 billion ( 125 10...
Southern California Volleyball Club Rankings, Ian Alexander Jr Autopsy Report, The Summer Of Broken Things Quotes, Silverton, Tx Obituaries, Antique Ship Cannon For Sale, Articles S