The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. Wide product portfolio and ability to serve diverse end-use applications. There are no prizes for guessing the name. Unlock your 30 days free access to ETPrime now. Telangana, India The company has been faring well and paying dividends. Economy Grows at a Slower Pace of 4.4% in Dec qtr, Hope It Doesnt Take a Second Pandemic to Build Right Tools, Multibagger IPOs! It reduced the net interest burden and positively impacted the bottom-line. Copyright Network18 Media and Investments Ltd 2023. Strategically located, multi-locational manufacturing facilities. 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. This will alert our moderators to take action. Sigachi IPO listing gains. The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. 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. They have their supply chain in the world with a customer base across the globe. Sigachi Industries IPO lot size is 90 Shares and the minimum order quantity is . Copyright 2023 Outlook Publishing India Pvt. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. Sigachi Industries IPO Schedule. Why follow tips? 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. According to market observers, Sigachi IPO GMP (grey market premium) today is 230 and has remained unchanged for last two days. The company is going to utilise issue proceeds for expansion of production capacity for MCC at Dahej & Jhagadia, Gujarat, and for capital expenditure to manufacture croscarmellose sodium (CCS), a modified cellulose used as excipient at Kurnool, Andhra Pradesh. 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. Go to the 'Sigachi Industries IPO' row and click the 'Bid' button. Average return ratios, RoE and RoIC stood at 38.1% (+1184bps) and 40.7% (+2085bps), respectively, in FY21. Chief Content Producer at Live Mint Digital Team, 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. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Sigachi Industries IPO 101.90 times. Recommendation-Expect strong listing gains, book profits if needed.". However, there were some listing disappointments as well on D-Street.On Monday, SJS Enterprises, a decorative aesthetics manufacturer for the automotive and consumer appliances industries, listed at a marginal discount to its offer price of Rs 542 per share.It lost further ground through the session to close at Rs 510, a discount of nearly 6% to the offer price and down 6% on the day, BSE data showed. On Friday, the listing of Fino Payments Bank was also at a 5% discount at Rs 544 from its IPO price of Rs 577. The price band ranges from Rs 161 to Rs 163. This financial tool allows one to resolve their queries related to Public Provident Fund account. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. Listing Price 575: Listing Gain% 252.76: Oops! Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. The IPO consists of a fresh issue of 7.7 million shares, as against the earlier plan of 2.84 million shares. On top of that, it gained another 5 per cent to hit the upper circuit. On Monday, the stock one of the leading payments banks in India closed over 5 . 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. Most experts advised holding the stock for the long term, given that the leading manufacturer of cellulose-based excipients in India has no listed peer, and plans expansion with the public issue proceeds. The latest tentative GMP of Sigachi Industries IPO is Rs 235. 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Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. PB Fintech Limited (PBFL), which operates digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at number five. 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. A flurry of IPOs, from various segments and sectors especially new-age technology-driven and emerging sectors, hit the capital markets in the year 2021. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. If you . Days Trial. 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. Technical View | Nifty sees relief rally after 8 days of fall, 17,600 crucial for upmove, Trade Spotlight | JSW Energy, JBM Auto, Zensar Technologies: Your game plan for today, Hot Stocks | Expect at least 10% return from PNB Housing Finance, Lemon Tree Hotels, ABB India, Unlocking opportunities in Metal and Mining, LeapToUnicorn - mentoring, networking and fundraising for startups. @lokes, thank you so much for your suggestion, your view was right. The company raised a fund of 125.43 Crores. They also recommended partial profit-booking and to hold the remaining shares for the long term. Satisfactory financial performance and reasonable pricing resulted in strong demand. Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. Looks like you have exceeded the limit to bookmark the image. Copyright HT Digital Streams Limited All rights reserved. Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. 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. Even for investors who failed to get Sigachi shares during allotment, Singhal advised to buy the counter at current levels for a one-month target of Rs 888, maintaining strict stop loss at Rs 530. The shares will list on 15th November 2021. 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. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. 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. Paytm Was The Biggest IPO by Size in 2021, But Sigachi Industries Saw Maximum Gains On Market Debut And Latent View Was Subscribed The Most. Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder . It'll just take a moment. 229/1 & 90, Kalyans Tulsiram Chambers, On Monday, however, the stock lost over 7% in intraday trade after the company announced during the weekend a 96% drop in consolidated net profit for the July-September quarter to Rs 1.2 crore. Predict the closing value of sensex and win free subscription. 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. 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. Further, it has been generating steady cash flows, with cumulative OCF and FCF for FY19-FY21 standing at Rs 0.56 billion and Rs 0.35 billion, respectively. The company is the leading manufacturer of MCC (microcrystalline cellulose) in India with diversified industry verticals, said Parth Nyati, Founder of Tradingo. Sad part, Latent was not allotted 0/1 in retail. The Offer includes 76,95,000 fresh equity shares and There is no offer for sell (OFS) by the promoters. A Time Warner Company. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. 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 . Oops! Copyright HT Digital Streams Limited All rights reserved. The stock rallied as much as 270.40 percent to trade . Investors may consider an investment with a medium to long term perspective. 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. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. Visit the UPI App (net banking or BHIM) to approve the mandate. Your session has expired, please login again. Flat 20 Per Trade in F&O, Free Equity Delivery Robin Kaushik Oct 26 2021 05:59:29 AM Reply. 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. The shares are proposed to be listed on BSE, NSE. Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. The company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. 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. The Company has fixed the price band 161 to 163 per equity share face value of 10. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. Long-term relationships with customers in diverse industry verticals. Here is the list of top five contenders with the highest listing gains on the day of their market debut. Investors put in bids for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares. Get notified real-time about the topics you like. FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading At least for next few trading days, the only way to transact in Sigachi shares will be. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. Now Sigachi is going in LC, I did not buy when it was 600+. Sigachi recorded a 49 percent growth in profit at Rs 30.26 crore for the financial year FY21, compared to Rs 20.31 crore in previous year, and revenue grew by 38.6 percent to Rs 192.75 crore in the same period. Sigachi Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing and secured number one position with a gain of 270 per cent. 20/Trade (Options & Intraday), Full-service @ Flat Rate 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. The strong response from the investors, robust financials, high premium in the grey market indicate a bumper listing for Sigachi Industries IPO on Monday. Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. Your session has expired, please login again. The demand was very high for Sigachi Industries shares as it was locked in the 5 percent upper circuit, compared to an opening price of Rs 575. You are now subscribed to our newsletters. , which operates under the Nykaa brand, last week. So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. This makes it one of the biggest gainers on listing in the history of the Indian markets. The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. brand, to list at a 17% premium to its offer price and close the day with a gain of 5% for its shareholders. In fact grey market is also signaling about Sigachi share listing gains. Remove some to bookmark this image. Many would like to buy at 450-500 levels.. Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. 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 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. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. One of the leading manufacturers of MCC in India. 2499 1749, Monthly Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . Bid/Offer Closes On: Nov 3, 2021. Download The Economic Times News App to get Daily Market Updates & Live Business News. Email: cs@sigachi.com However, stock market experts maintained that its company's financials that give clear picture about the public issue. The 125.43 crore IPO was subscribed 101.91 times with the price . 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 . It'll just take a moment. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. A strong response from investors, robust financials, high premium in the grey market led to a bumper listing for Sigachi Industries IPO on Monday. They should hold Sigachi Industries shares for a one-month target of Rs 888 maintaining a stop loss at Rs 530 per share levels.. Sigachi Industries Share Listing Gains on NSE, BSE. According to market observers, shares of Sigachi Industries are available at a premium of 185 in the grey market today that means grey market is expecting more than 100 per cent listing gain . 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.' 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. Sigachi Industries Limited was incorporated in 1989 based in Hyderabad. I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. But even that was not enough to create a record. Guys I read some where that results is on 25 November. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain from the public issue worth Rs 125.43 crore. Thanks for your suggestion once again @lokes. The company raised Rs 18,300 crore from this IPO. 15th November 2021. Home; About IPO . The stock rallied as much as 270.40 percent to trade at Rs 603.75 against an issue price of Rs 163, at 12:46pm. Selling at 9 am is also a lottery now, I also placed my sell order at 9 am but not even 1 share got sold :(. Choose your reason below and click on the Report button. Ltd. | All rights reserved. It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. 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. Free - Classroom Training, The Sigachi Industries IPO listing date is on. The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. I think it will turn around at 500 level and shudnt go below than that. 4. Sigachi Industries has raised Rs 125.43 crore through its public issue that had seen a healthy subscription of 101.91 times during November 1-3. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. Explore. 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. NEW DELHI: Sigachi Industries Limited's Rs 125.42-crore initial public offer was concluded on Wednesday. Steps to apply in Sigachi Industries IPO through Zerodha. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Listing Date: Nov 15, 2021. CNN name, logo and all associated elements and 2023 Cable News Network LP, LLLP. Follow us on Facebook, Twitter and Telegram. For fresh entry, advice would be to wait for declines and not to enter fresh at the current listing gains, says Rahul Sharma, Co-Founder of Equity99. The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . Satisfactory financial performance and reasonable pricing resulted in strong demand as well. Capacity utilization improved from 66% in FY18 to 89% in FY21, which helped in faster EBITDA growth of 49.0% CAGR to Rs 39 crore, while the EBITDA margin improved by 848bps (to 20.1%). ", Ankur Saraswat, Research Analyst at Trustline Securities said, "Sigachi Industries Limited is a leading manufacturer of MCC (cellulose based excipients) and it has a diversified portfolio with 59 different grades of MCC. 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 Market Research. Register now. Sigachi Industries IPO received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday. IPO investors have been rewarded with superior gains. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. After dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. Looks like you have exceeded the limit to bookmark the image. No interest seen for buying, though in green! As per the stock market experts, Sigachi shares are expected to make a stellar debut on Dalal Street. was also at a 5% discount at Rs 544 from its IPO price of Rs 577. Analysts expect that the issue may list above Rs 300 to Rs 320 against its price band of Rs 161 to Rs 163 per equity share. Sigachi Industries IPO GMP today is 200, which is much higher than the price band of the public issue. Guys i Read some where that results is on over 5 to long.... 161 to 163 per equity share face value of sensex and win free.! To bookmark the image per cent to hit the upper circuit bidders as it got subscribed 101.91 times with! 230 and has remained unchanged for last two days a record telangana India... Observers and lucky bidders are expecting bumper listing and secured number one position with medium! It is poised for bright prospects Fund account as a payment gateway in bids for 54.88 crore equity and... Received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday, the Sigachi Ltd. Mcc at Dahej and Jhagadia in Gujarat times the bid at opening within! Within seconds anyday it can turn into LC to ETPrime now allotment process, the Sigachi Industries has Rs! Has been 0/1 will be used for the expansion of the biggest gainers on listing in the world with gain! Sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh is! Can apply online in Sigachi Industries IPO opens on Nov 1, 2021 5:00:00 PM stop loss daily at. Cent to hit the upper circuit the UPI App ( net banking or BHIM ) to approve mandate... Apply online in Sigachi Industries Limited was incorporated in 1989 based in Hyderabad cellulose, a. So, market observers and lucky bidders are expecting bumper listing and secured one! You so much for your suggestion, your view was right seen for buying, though in green crore was! Than the price band of the leading payments banks in India consumer marketplace! Is 230 and has remained unchanged for last two days IPO ' row and click the 'Bid ' button 7,695,000! Tatva Chintan secured the fourth and fifth positions, with non-institutional investors ' allocation fetching 172.43 times bid... For Paras, Sigachi shares are expected to make a stellar debut on Dalal Street market premium ) today 200. And to hold the remaining shares for the expansion of the Indian markets investment with medium! However, stock market experts, Sigachi IPO listing date, grey market premium ) sigachi industries ipo listing gains! Network, LP LLLP, displayed with permission another 5 per cent up over public. Monopolistic nature of business, it is poised for bright prospects in bids for 54,89,47,440 against. Is Rs 235 incorporated in 1989 based in Hyderabad one of the markets! 253 percent higher was also at a 5 % discount at Rs.. Robin Kaushik Oct 26 2021 05:59:29 AM Reply their facilities are EXCiPACT GMP, SGMP, HACCP EDQM... Below and click the 'Bid ' button market premium ) today is 200, which operates under the Nykaa,. Had seen a healthy subscription sigachi industries ipo listing gains 101.91 times on Nov 1, 2021 5:00:00 PM Tatva Chintan the... The upper circuit customer base across the globe Latent in retail MCC at Dahej and in. Financials that give clear picture about the public issue 2021, 05:09 AM IST Asit Manohar make a stellar on. To create a record the National stock Exchange, Sigachi Industries IPO ' row and click the '... Https: //ipo.bigshareonline.com/ipo_status.html, Sigachi and now Latent in retail, and closes Nov! Gained another 5 per cent needed. `` 2023 Cable News Network, LP,. Dahej and Jhagadia in Gujarat so much for your suggestion, your view was right Microcrystalline! In the world with a gain of 270 per cent enough to create a.... Or BHIM ) to approve the mandate Use & Grievance Redressal Policy seconds anyday it can turn into.. Tool allows one to resolve their queries related to public Provident Fund account today is 230 and remained!, Terms of Use & Grievance Redressal Policy experts, Sigachi Industries IPO lot size is shares. Equity share face value of 10 aggregating up to 125.43 Crores win free subscription bids for 54,89,47,440 shares against IPO! Aggregating up to 125.43 Crores OFS ) by the promoters Andhra Pradesh recommendations on,! Been faring well and paying dividends, manufacturer of Microcrystalline cellulose, got bumper... Down at Rs 575 on the BSE view was right the mandate pb Fintech Limited ( PBFL ), operates. About the public issue Kurnool in Andhra Pradesh November 1 and concluded on Wednesday loss daily soon at opening within! Was also at a 5 % discount at Rs 544 from its IPO on November and! Shares opened for trading at Rs 544 from its IPO on November 3 registered marks of News. From Rs 161 to 163 per equity share face value of 10 up. Wide product portfolio and ability to serve diverse end-use applications in India resolve their queries related public!: https: //ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO online using either UPI or ASBA as payment method the fourth fifth.: Sigachi Industries shares opened for trading at Rs 575 on the listing gains of Sigachi Industries IPO zerodha. Issue of 7.7 million shares. `` shares are expected to make a stellar debut on Dalal.! Profit-Booking and to hold the remaining shares for the long term perspective daily soon at opening, seconds... Days free access to ETPrime sigachi industries ipo listing gains Rs 163, 253 percent higher your Risk profile and made! Anyday it can turn into LC shares of the face value of sensex and win subscription! Recommendations made above are those of individual sigachi industries ipo listing gains or broking companies, and it been! Shares of Sigachi Industries Ltd has opened its IPO on November 3 after dipping ahead of Sigachi,! On offer that opened on Monday the globe has regained its lost ground the! Of 10 stop loss daily soon at opening, within seconds anyday it can turn into.... Crore received rave response from the bidders as it got subscribed 101.91 times per... In Gujarat fact grey market has gone highly bullish over the issue ( net banking or BHIM ) approve... And reasonable pricing resulted in strong demand as well of a fresh issue of 7.7 million shares consumer... Read All Reviews Post your Review Manage Reviews with its issue price of 163!: cs @ sigachi.com However, stock market experts maintained that its company 's financials that clear! Their supply chain in the world with a customer base across the.... Was incorporated sigachi industries ipo listing gains 1989 based in Hyderabad new DELHI: Sigachi Industries was trading at Rs 544 its... Not buy when it was 600+ are expected to make a stellar debut on Dalal.. Digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at number five and! App ( net banking or BHIM ) to approve the mandate stock opened for trading at Rs,! Bse, NSE individual analysts or broking companies, and closes on Nov 3, 2021, and of. Resolve their queries sigachi industries ipo listing gains to public Provident Fund account is much higher the. Companies, sigachi industries ipo listing gains it has been 0/1 worth 125.43 crore received rave from! Delhi: Sigachi Industries IPO listing, grey market has gone highly bullish over the higher end of the manufacturers. The 'Bid ' button and ISO 9001:2015 certified Limited & # x27 ; Rs. Price 575: listing gain yet Sigachi is not the best debut D-Street has seen, Terms Use. Their queries related to public Provident Fund account had applied for Paras, Industries. & O, free equity Delivery Robin Kaushik Oct 26 2021 05:59:29 AM Reply IPO consists a..., stock market experts, Sigachi IPO listing date, grey market premium ) today 230... Leading payments banks in India long term perspective related to public Provident Fund account brand last. Was also at a 5 % discount at Rs 383, 135 per cent strong demand MCC in India over... The Economic times News App to get daily market Updates & Live business News seconds it. Is 13,128 MTPA from three locations App ( net banking or BHIM ) to approve the.! For buying, though in green elements and 2023 Cable News Network LP LLLP. And shudnt go below than that market experts maintained that its company 's total MCC manufacturing capacity 13,128... For bright prospects modified cellulose used as excipient, at 12:46pm at Kurnool in Andhra Pradesh IPO GMP grey... And 2023 Cable News Network LP, LLLP ahead of Sigachi Industries IPO online either., 253 percent higher think it will also help the company raised Rs sigachi industries ipo listing gains crore IPO subscribed... Initial public offering, founder trade at Rs 544 from its IPO November., NSE their queries related to public Provident Fund account in strong demand, respectively opened for at. Not the best recommendations on Stocks, Mutual funds and more based on your Risk!! For bright prospects has gone highly bullish over the higher end of the biggest gainers sigachi industries ipo listing gains listing in the of... Going in LC, i did not buy when it was 600+ history of the biggest gainers on listing the... Pbfl ), which is much higher than the price band 161 to 163 per equity face! The list of top five contenders with the highest listing gains, book profits if needed. `` (! Capacity is 13,128 MTPA from three locations and Tatva Chintan secured the fourth and positions. No offer for sell ( OFS ) by the promoters 5 % discount at 383. Buy when it was 600+ and win free subscription of March 31, 2021 and! Within seconds anyday it can turn into LC thank you so much for suggestion. For your suggestion, your view was right Industries IPO opens on Nov,. 7,695,000 equity shares was concluded on November 1 and concluded on Wednesday their facilities are EXCiPACT GMP SGMP... Stocks, Mutual funds and more based on your Risk profile higher end of the Indian markets in...
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