Listed Price₹570.00
Listing Gain+249.69%
Price Band₹161 - ₹163
Lot Size90 shares
Min Bid₹14,670
SubscriptionTracking
Listed Market Snapshot
₹570.00Listed price from market data
+249.69%listing gain
Issue Amount
₹125.43 Cr
Listed Price
₹570.00
Current Price
₹21.03
Registrar
Bigshare Services Private Limited
Timeline•Bookbuilding IPO
Open01 Nov 2021
Close03 Nov 2021
Allotment10 Nov 2021
Listing15 Nov 2021
Quota Reservation Portions
QIBPortion: 38,47,500 shares
50%Nii (hni)Portion: 11,54,250 shares
15%RetailPortion: 26,93,250 shares
35%Minimum Application Bracket Matrix
Retail1 lots / 90 shares
₹14,670sHNI14 lots / 1,260 shares
₹2,05,380bHNI69 lots / 6,210 shares
₹10,12,230About the Company
Incorporated in 1989, Sigachi Industries manufactures Microcrystalline Cellulose (MCC), a key excipient used in pharmaceuticals, as well as in food, nutraceutical, and cosmetic industries. The company produces 59 grades of MCC, ranging from 15 to 250 microns, under brands like HiCel and AceCel, at its manufacturing units in Hyderabad and Gujarat. It has an in-house R&D division for developing new products and has received multiple quality certifications. As of March 31, 2021, Sigachi operates three manufacturing units—one in Hyderabad and two in Jhagadia and Dahej, Gujarat—with a total production capacity of 13,128 MTPA.
Company Promoters
Rabindra Prasad SinhaChidambarnathan ShanmuganathanAmit Raj SinhaRPS Projects & Developers Private Limited
Lead Managers
Registrar
Bigshare Services Private Limited