
Materials & 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
+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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 3,847,546 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,154,264 | — | 0.00x |
| Retail Individual (RII) | 2,693,282 | — | 0.00x |
| Total | 7,695,092 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 29,925 | 29,925 | 1.00x |
| HNIs (10L +) | 191 | 191 | 1.00x |
| HNIs (2-10L) | 916 | 916 | 1.00x |
| Total Applications | 31,032 | 31,032 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Sigachi Industries Limited is bringing an initial public offering (IPO) in the Materials & Chemicals sector with an aggregate issue size of ₹125.43 Crores. The shares are offered at a price band of ₹161 to ₹163 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 90 shares (approx. ₹14,670 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-11-12, while un-allotted funds or UPI block mandates will be released on 2021-11-11.
The latest Grey Market Premium (GMP) for Sigachi Industries Limited IPO is ₹225 per equity share. Based on the upper price band of ₹161 to ₹163 per equity share, the estimated listing price is ₹388 (+138.0% expected listing gain).
With a lot size of 90 shares and current GMP of ₹225, the expected profit per application lot is approx ₹20,250 (+138.0% gain). Minimum application cost is approx ₹14,670.
The Sigachi Industries Limited IPO aggregate issue size is ₹125.43 Crores with an equity price band set at ₹161 to ₹163 per equity share. The retail lot size is 90 shares requiring a minimum capital outlay of approx. ₹14,670.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2021-11-10. Investors can verify status using PAN card or application number.
Sigachi Industries Limited shares are scheduled to list on NSE and BSE on 2021-11-15.