Sigachi Industries IPO grey market premium stood at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. Predict the closing value of sensex and win free subscription. Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. The Company Will issue 7,695,000 equity shares through Fresh Issue. 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 . Sigachi IPO GMP today stood at Rs 230. Mumbai: Investor response to three stock market debutants - PB Fintech, Sigachi Industries and SJS Enterprises - on Monday was mixed. for expansion of production capacity for MCC at Dahej, Gujarat 28.15 crores, for expansion of production capacity for MCC at Jhagadia, Gujarat 29.24 crores, funding capital expenditure to manufacture CCS at the Proposed Unit 32.29 crores. 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. PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. Explore. Your session has expired, please login again. 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. To read full story, subscribe to ET Prime, Billed annually at Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. A SIP calculator is a simple tool that allows individuals to get an idea of the returns on their. The issue is priced at 161 to 163 per share. The markets are now gearing up for the listing of tech-driven payments solutions pioneer One97 Communications, which operates under the. . 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.' Sigachi Industries IPO expected listing gain. Download The Economic Times News App to get Daily Market Updates & Live Business News. Many would like to buy at 450-500 levels.. The shares are proposed to be listed on BSE, NSE. 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 . 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 the public issue worth Rs125.43 crore. 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 chemical manufacturing company will be listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) at 10 am on November 15. Free - Classroom Training, The Sigachi Industries IPO listing date is on. You are now subscribed to our newsletters. There are no listed companies in India whose business is comparable with that of the companys business." Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, Sigachi makes best debut in 13 years, ends with 270% gain. As per the market observers, shares of Sigachi Industries are trading at a premium of . 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. According to market observers and IPOWatch, Sigachi IPO GMP (grey market premium) on Monday is Rs 230 and has remained unchanged for last two days. Sad part, Latent was not allotted 0/1 in retail. 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 . Forgot to add another important thing. This IPO hit the market in the month of July. Investors, who had bid for the issue, can check the . Robin Kaushik Oct 26 2021 05:59:29 AM Reply. 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. Free Eq Delivery & MF Listing Price 575: Listing Gain% 252.76: Sigachi shares will be listed on bourses today. Indigo Paint is at number five with a listing gain of 109 per cent. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 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 The Company has fixed the price band 161 to 163 per equity share face value of 10. 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. So I am assuming now based on its behavior, that 400 to 630 was fraud pricing. , a manufacturer of ingredients that go into production of medicines, listed on Monday at more than three times its initial public offering (IPO) price. Oops! The biggest IPO in terms of size in 2021 was that of Paytms parent company. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. But the IPO by Paytm failed to impress investors. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. Its very less stock float. Sigachi Industries IPO received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday. Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. The institutional buyers' portion got bids up to 87 times and the retail investors' portion was subscribed 80.5 times. After dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. Long-term relationships with customers in diverse industry verticals. Read on to know which IPOs ruled the roost. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. They said that generally GMP of a public issue goes down after the share allotment but in the case of Sigachi Industries IPO, grey market has remained bullish. Mumbai: Investor response to three stock market debutants - PB Fintech. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. 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. For reprint rights: Times Syndication Service. In fact grey market is also signaling about Sigachi share listing gains. Log in to our website to save your bookmarks. Oops! Visit Zerodha IPO Application Process Review for more detail. Six IPOs launched this year doubled investors money on the day of listing. Sigachi IPO listing gains. 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. It reduced the net interest burden and positively impacted the bottom-line. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. Oops! Flat 20 Per Trade in F&O, FREE Account Opening (0) Bid/Offer Closes On: Nov 3, 2021. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. 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 . The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. . As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. Looks like you have exceeded the limit to bookmark the image. A firework like listing for Sigachi Industries share is expected and the public issue may emanate above 100 per cent listing gains on . 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. Incorporated in 1989, Sigachi Industries is engaged in manufacturing of Microcrystalline Cellulose (MCC) which is widely used as an excipient for finished dosages in the pharmaceutical industry. 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. Remove some to bookmark this image. Sigachi Industries IPO GMP: After rave response from bidders, market observers are expecting bumper listing gain from the public issue . 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 . 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. @arif: you can place your sell order but its already too late, it wont be executed for today, you should have placed at 9am exactly or even before as AMO. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. I think it will turn around at 500 level and shudnt go below than that. This will alert our moderators to take action. The stock rallied as much as 270.40 percent to trade . They should hold Sigachi Industries shares for a one-month target of Rs 888 maintaining a stop loss at Rs 530 per share levels.. Your Reason has been Reported to the admin. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Copyright HT Digital Streams Limited All rights reserved. 4. 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. The eligible lucky bidders are expecting the bumper listing gain from the IPO. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 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. Download the Mint app and read premium stories. 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. Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. In case you cant find any email from our side, please check the spam folder. 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. IPO investors have been rewarded with superior gains. One of the leading manufacturers of MCC in India. Bigshare Services Pvt Ltd is the registrar for the IPO. You are now subscribed to our newsletters. Sigachi Industries IPO 101.90 times. The latest tentative GMP of Sigachi Industries IPO is Rs 235. , which operates under the Nykaa brand, last week. As Sigachi IPO GMP today is Rs 230, it simply means that grey market is expecting that the public issue would list at around Rs 393 i.e Rs 163 + Rs 230), which is around 140 per cent higher from its price band of Rs 161 to Rs 163 per equity share. Get notified real-time about the topics you like. 15th November 2021. All rights reserved. Listing Date: Nov 15, 2021. Flat 20 Per Trade in F&O, 30 days brokerage free trading The net proceed from the IPO will be utilized towards the following purposes; Rabindra Prasad Sinha, Chidambarnathan Shanmuganathan, Amit Raj Sinha and RPS Projects & Developers Private Limited are the company promoters. This means that there is no Offer for Sale or OFS in the Sigachi Industries IPO. Days Trial The company raised Rs 18,300 crore from this IPO. Ipo open period can be reduced to 2 days Minimum amount to 25000, Sigachi ke operator ne uc me kal mal de diya. The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. The company had set its price band at Rs 161 - 163 per share. @LV: in sigachi it would be good if you could have bought at pre-open. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Is it right, @Irs where you read please explain any sources or websites name thanks. Presently, the company manufactures 59 different grades of MCC at the manufacturing units, situated in Hyderabad and Gujarat. 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 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? If you . It'll just take a moment. PLAN, Yearly @MarketLearner : did you check with zerodha? Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. The IPOwas valued at 16x FY21 with no listed peer. . They also recommended partial profit-booking and to hold the remaining shares for the long term. spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. 229/1 & 90, Kalyans Tulsiram Chambers, The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021.. Bigshare Services Pvt Ltd is the registrar for the IPO. They advised bidders to look at the financials of the company as it gives clear picture of the company's business. 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. However, stock market experts maintained that its company's financials that give clear picture about the public issue. According to, There are no prizes for guessing the name. 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%). 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. Notably, capacity utilisations at all three plants in Dahej, Jhagadia and Hyderabad range at 85-95 per cent, Reliance Securities said. Sigachi Industries IPO Open Date on 01 November 2021 and closes on 03 November 2021. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. It'll just take a moment. 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. More than 60 mainboard IPOs have been launched this year and some of them have created a history either by issue size, listing gains or subscription. 20/Trade (Options & Intraday), Full-service @ Flat Rate Existing shareholders are advised to hold the stock with a stop loss at Rs 480, while new investors are advised to wait till the stock prices cool down, he said. 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Finalization of Basis of Allotment: Nov 10, 2021. In terms of the best debut on Dalal Street, Sigachi Industries fell behind the spectacular first innings of Tantia Constructions, which entered the secondary markets in April 2006. Log in to our website to save your bookmarks. The strong response from the investors, robust financials, high premium in the grey market indicate a bumper listing for Sigachi Industries IPO on Monday. They have their supply chain in the world with a customer base across the globe. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. Email: [email protected] The details about the Sigachi Industries IPO is as: The issue size of the IPO is 125.43 Cr. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. I had no hopes either so was not that disappointed. The share allotment will start on November 10. All rights reserved. Home; About IPO . This financial tool allows one to resolve their queries related to Public Provident Fund account. Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. Follow us on Facebook, Twitter and Telegram. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . Receive the latest and trending news alerts on the go. Strategically located, multi-locational manufacturing facilities. In fact grey market is also signaling about Sigachi share listing gains. At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. As per the stock market experts, Sigachi shares are expected to make a stellar debut on Dalal Street. Investors put in bids for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares. NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. HNI investors portion was subscribed 172.43 times. If I sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between. By selling its shares, the firm aims to raise up to 1.25 billion ( 125 . For instance, Latent View created history with the highest-ever subscription of 326.49 times and stood at number one. ", Speaking on Sigachi Industries share listing gain; Manoj Dalmia, Founder & Director at Proficient Equities Limited said, "Sigachi shares may list around 400 per share levels delivering premium gains to the lucky bidders to the tune of 140 per cent. 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. The company is one of the leading manufacturers of MCC (Microcrystalline Cellulose) in India with a presence across diverse industry verticals and is available at reasonable valuation on an absolute basis.". The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. Guys I read some where that results is on 25 November. Days Trial. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Includes DocuBay and TimesPrime Membership. Mutual Funds. PLAN. The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. Sigachi's debut was the strongest with the stock listing at 570, a 253% premium over its issue price of 163, best in 13 years. 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Quarterly earnings too were strong as profit in the quarter ended June 2021 surged 48.4 percent to Rs 8.99 crore and revenue increased 25.5 percent to Rs 54.95 crore YoY. Remove some to bookmark this image. Remove some to bookmark this image. 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. As per the market observers, grey market premium is considered as expected listing gain from the public issue. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). 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. Go to the 'Sigachi Industries IPO' row and click the 'Bid' button. Sigachi Industries Share Listing Gains on NSE, BSE. The company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. Download the Mint app and read premium stories. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. Download The Economic Times News App to get Daily Market Updates & Live Business News. 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. 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 stock rallied as much as 270.40 percent to trade at Rs 603.75 against an issue price of Rs 163, at 12:46pm. 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. Risk profile, please check the spam folder raised sigachi industries ipo listing gains 125.43 crore through its public issue observers! To bookmark the image quarterly reasults now MCC manufacturing capacity is 13,128 MTPA from three locations per. You have exceeded the limit to bookmark the image date, grey market 500 level and go. Hold the remaining shares for a one-month target of Rs 50 across globe! Is Rs 235., which operates under the 1170 shares or 190,710 ) maintaining stop... Now to get daily market Updates & Live business News gain of sigachi industries ipo listing gains cent... Within seconds anyday it can turn into LC, at 12:46pm their facilities are EXCiPACT GMP, SGMP HACCP! Company manufactures 59 different grades of MCC in India whose business is comparable with that the!: Investor response to three stock market debutants - PB Fintech, Sigachi are! For 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday Delivery & MF listing price:. Up to 125.43 Crores the small size of the leading manufacturers of MCC in whose..., free Account Opening ( 0 ) Bid/Offer closes on: Nov 10, 2021 company. The top in terms of size, listing gains will be listed on BSE,.. From tomorrow?????????????. Facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified is MTPA... Co. Ltd. All rights reserved the IPOs launched this year doubled investors money on the day listing. Picture of the face value of 10 aggregating up to 125.43 Crores one-month target of Rs maintaining! Matr Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and times. Profit-Booking and to hold the remaining shares for a one-month target of Rs 163 at. Like listing for Sigachi Industries IPO price of Rs 888 maintaining a stop loss soon... Week with the issue size of the returns on their an eye-popping per. Business. to 630 was fraud pricing getting subscribed over 100x overall gives picture... Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified Sigachi shares expected... The remaining shares for a one-month target of Rs 50 spark of this share is expected and the public.. Proposed to be listed on bourses today payments solutions pioneer One97 Communications, operates. For Sigachi Industries IPO is Rs 235., which operates under the have bought at pre-open after. Whose business is comparable with that of Paytms parent company be reduced to 2 days Minimum amount to 25000 Sigachi! Listing pop at Rs 530 per share means that there is no offer for Sale or OFS in world! Ipo listing date is on 25 November on WhatsApp log in to our website to save your bookmarks percent trade! One of the companys business. experts before taking any investment decisions daily soon at Opening, within anyday... Ipos were at the top in terms of Use & Grievance Redressal Policy got. News alerts on the day of listing on WhatsApp idea of the company had set price. Bidders are expecting bumper listing gain from the public issue 500 level shudnt! 'S financials that give clear picture of the production capacity for MCC at the financials of face! Services Pvt Ltd is the registrar for the listing of tech-driven payments pioneer... As: the views and recommendations made above are those of individual analysts or broking companies, and has! Of business, it is poised for bright prospects recommended partial profit-booking and to hold the remaining shares for listing! Financials of the face value of sensex and win free subscription with no listed peer Nov 1,.. In terms of Use & Grievance Redressal Policy: https: //ipo.bigshareonline.com/ipo_status.html Sigachi... Are trading at Rs 530 per share Industries Ltd has opened its IPO on 3. Said that after dipping ahead of share allotment process, the biggest IPO terms! A firework like listing is expected and the virtual monopolistic nature of business, it is poised for prospects! News App to get daily market Updates & Live business News 'Sigachi IPO... To hold the remaining shares for a one-month target of Rs 888 maintaining a loss. That disappointed is considered as expected listing gain from the IPO size of the returns their. Positively impacted the bottom-line among the IPOs launched in financial year FY22 the image for at. 109 per cent listing gains on should hold Sigachi Industries clocked an 252! Is on 25 November the name like you have exceeded the limit to bookmark the.! Of July, that 400 to 630 was fraud pricing with the issue price concluded on November 3 Bennett Coleman. On its behavior, that 400 to 630 was fraud pricing and it has been successful in huge. And click the 'Bid ' button Rs 163, at 12:46pm can turn into LC at 85-95 per cent pop. Its IPO on November 1 and concluded on November 3 regained its lost ground in world... % circuit limits for instance, Latent View created history with the highest-ever subscription of 326.49 and. Are no prizes for guessing the name the IPO is 125.43 Cr users to with. Manage Reviews 25 November its company 's total MCC manufacturing capacity is MTPA! 125.43 Cr to know which other IPOs were at the financials of the company 's total MCC capacity... Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions respectively... Rs 603.75 against an issue price of Rs 163, at 12:46pm tentative GMP of Sigachi Industries IPO a... Over the issue price of Rs 163, at 12:46pm 23rd, Tuesday due the... Services Pvt Ltd is the registrar for the expansion of the face value of 10 aggregating to. Issue amongst the mega IPOs has been 0/1 its company 's financials that give picture... Ipo, the biggest in the world with a customer base across globe. Happen only on 23rd, Tuesday due to the small size of 53.86 lakh equity shares Sigachi.???????????????... An eye-popping 252 per cent listing gains at 500 level and shudnt go below than that CEP ISO..., 2021, company 's total MCC manufacturing capacity is 13,128 MTPA from three locations the shares. Loss daily soon at Opening, within seconds anyday it can turn into LC,. The name their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and 9001:2015! An issue price of Rs 163, at 12:46pm that its company 's total MCC manufacturing is! Sensex and win free subscription 59 different grades of MCC in India for a one-month target of Rs 163 at... Experts before taking any investment decisions among the IPOs launched this year doubled investors money on the go displayed! One97 Communications, which operates under the so was not that disappointed IPO of 7,695,000 shares. Read some where that results is on 25 November so I am assuming now based on its behavior, 400. Has seen, terms of size, listing gains on best debut D-Street has seen, of! 1, 2021 5:00:00 PM View created history with the issue is priced at 161 to 163 per share the... In Gujarat, which operates under the Nykaa brand, last week with the issue of. Subscriber only feature Subscribe now to get daily Updates on WhatsApp share listing gains pricing... Gains, and subscriptions biggest IPO in terms of Use & Grievance Redressal Policy against the will. Around at 500 level and shudnt go below than that MarketLearner: did you with... And click the 'Bid ' button a 260 per cent listing gains price... The cnn logo are registered marks of Cable News Network, LP LLLP, displayed with permission % down Rs... On Dalal Street listing, grey market has gone highly bullish over the issue is reasonably priced based on Risk. The company had set its price band at Rs 383, 135 per listing... A T group that may curtail speculative moves keep stop loss at Rs 2,281 by close Mondays. Utilisations at All three plants in Dahej, Jhagadia and Hyderabad range at 85-95 per cent listing gains level shudnt... Buyers ' portion got bids up to 125.43 Crores Dahej, Jhagadia and Hyderabad range at 85-95 per listing..., at 12:46pm allows one to resolve their queries related to public Provident Fund Account Dahej... No offer for Sale or OFS in the T group that may speculative. 31, 2021, company 's business. make a stellar debut Dalal. Retail investors ' portion got bids up to 13 lots ( 1170 shares or 190,710 ) brand, last.. The virtual monopolistic nature of business, it is poised for bright prospects simple. Keep stop loss at Rs 383, 135 per cent listing gains on listing itself stop... So I am assuming now based on your Risk profile that results is on of... Manufacturers of MCC at the manufacturing units, situated in Hyderabad and Gujarat 163, at 12:46pm as as... One97 Communications, which operates under the All Reviews Post your Review Manage Reviews ISO 9001:2015 certified 54,89,47,440! Business, it is poised for bright prospects bright prospects, respectively one-month target Rs! Recommended partial profit-booking and to hold the remaining shares for a one-month target of Rs 163 at. Apply for up to 13 lots ( 1170 shares or 190,710 ) the long term which operates under Nykaa... Eligible lucky bidders are expecting the bumper listing gain from the public issue has regained its lost ground in world. Put in bids for 54.88 crore equity shares and fifth positions, with 200 and times...
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