Sigachi Industries Limited
ListedMainboardMaterials & Chemicals · NSE / BSE
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.
Price Band
₹161 – ₹163
Issue Size
₹125 Cr
Lot Size
90 shares
GMP
₹225
+138.0%
Est. Listing
₹388
at current GMP
Subscribed
—
Open
1 Nov 2021
Close
3 Nov 2021
Allotment
10 Nov 2021
Refund
11 Nov 2021
Demat Credit
12 Nov 2021
Listing
15 Nov 2021
Last updated 12 days ago
Key Highlights
- •Leading player in the Materials & Chemicals segment
- •Price band established at ₹161 - ₹163 per equity share
- •Minimum bid lot is 90 shares
- •Estimated listing target of ₹388 based on current grey market activity