IPO

Sigachi Industries Limited IPO

Mainboard

Chemicals

Listed On: Nov 15, 2021 at ₹ 570.00(NSE)

₹ 14670 /90 Shares

Check Allotment

01 Nov, 2021

Open Date

03 Nov, 2021

Close Date

10 Nov, 2021

Allotment Date

15 Nov, 2021

Listing Date
Price Summary

Last Closing

38.87 (-76.15%)

52 Week High

59.59

52 Week Low

30.51

Last Update

23-Oct-2025 3:30 PM
IPO Issue Details
  • Issue Price 161-163 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 125.43 Crores Issue : 76,95,000 Shares
  • Listing at BSE, NSE
  • List Price 570.00(NSE)
  • Listing Date 2021-11-15
  • Lead Manager Unistone Capital Private Limited
  • Registrar Bigshare Services Private Limited
IPO Details
  • Retail Portion 35% (Number of Retail Applications : 29,900 Approx)
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹161-163 per equity share, which has a face value of ₹10 Per Equity Share  each, IPO bidding starts from Nov 1, 2021 and ends on Nov 3, 2021. The allotment for IPO will be finalized on Nov 10, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 15, 2021. The company shall list its equity shares on the BSE, NSE. Bigshare Services Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Unistone Capital Private Limited.


The IPO sets its price band at 161-163 for each share. A single application for Sigachi Industries Limited IPO must contain at least 90 shares.

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IPO Subscription Analysis And Details
Retail
80.49x
QIB
86.51x
NII
172.44x
Total
101.91x
As onQIBNIIRetailTotal
Shares Offered / Reserved15,39,00011,54,25026,93,25053,86,500
Day 1 01-11-21 04:30 PM
0.57 x2.3515.16 x8.24 x
Day 2 02-11-21 04:30 PM
0.80 x16.5537.56 x22.55 x
Day 3 03-11-21 05:00 PM
86.51 x172.4480.49 x101.91 x
Total No of Applications
2072674
Subscription on the basis of Applications
69.26
Valuations
Earnings Per Share (EPS) ₹9.88/-
P/E Ratio 16.49
RoNW 32.12%
Net Asset Value (NAV) - As on 30.06.21 ₹44.79
Company Financials
In Crs.
In Cr.
31-Mar-2131-Mar-2031-Mar-19
Assets133.40109.1491.46
Revenue196.01143.94132.87
Profit After Tax30.2620.3119.01
About Company

They are engaged in manufacturing microcrystalline cellulose (MCC) which is widely used as an excipient for finished dosages in the pharmaceutical industry.

The inert non-reactive, free-flowing and versatile nature of MCC have varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries.

In the year 2000, with an aim to diversify their business activities, their Company started manufacturing premium grade microcrystalline cellulose by successfully commissioning a spray drier and a multi-fuel furnace, which in turn also increased their manufacturing capacity from 720 metric tonnes per annum to 1080 metric tonnes per annum.

Presently, they manufacture 50 different grades of MCC at their manufacturing units, situated at Hyderabad and Gujarat with an aggregate installed capacity of 11,880 MTPY.

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- Promoter(s)

Rabindra Prasad Sinha

Chidambarnathan Shanmuganathan

Amit Raj Sinha

RPS Projects & Developers Private Limited

Pre Issue Share Holding : 64.64%

Post Issue Share Holding : 48.46%

IPO - Issue Objectives
1

for expansion of production capacity for MCC at Dahej, Gujarat 28.15 crores

2

for expansion of production capacity for MCC at Jhagadia, Gujarat 29.24 crores

3

funding capital expenditure to manufacture CCS at the Proposed Unit 32.29 crores

4

General corporate purposes

IPO - Anchor Investors

Sigachi Industries IPO mops up Rs 38 crore from 2 anchor investors.

Two anchor investors that invested in the company are 3 Sigma Global Fund and Nexus Global Opportunities Fund