247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Sigachi Industries Limited IPO (Sigachi Industries IPO) Details

Sigachi Industries Limited is an Chemical based company, located in Hyderabad, Sigachi Industries Limited IPO size was 125.43 Cr. and was issued at 163.00 per share. The share of Sigachi Industries Limited were listed at 603.75 per share and are currently trading at 52.77 per share.

Type :
Sub Sector : Business To Manufacture Chlorinated Paraffin And Hydrochloric Acid
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
220.48 Cr.

PAT :
35.96 Cr.

Pricing Report

Issue Price :
163.00

Listing Price :
603.75

Current Market Price :
52.77

Issue Price vs CMP :
110.23 (67.63%)

listing Price vs CMP :
550.98 (91.26%)

Performance Report (CAGR* wise)

CAGR : -29.81
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Sigachi Industries

Company Information
Sigachi Industries Limited was incorporated as a private limited company in 1989, with the business of manufacturing chlorinated paraffin and hydrochloric acid at its manufacturing unit in Hyderabad. In 1990, the company diversified its product portfolio to manufacture microcrystalline cellulose (MCC). It commenced export operations in 1996 by exporting its first order of MCC to Bangkok. Due to the consistent efforts of the company, exports constituted 32% of its total sales during the financial year ending March 31, 2004. In 2000, the company aimed to diversify its activities by manufacturing premium-grade microcrystalline cellulose. This was achieved by successfully commissioning a spray drier and a multi-fuel furnace, increasing the manufacturing capacity from 720 metric tonnes per annum to 1080 metric tonnes per annum. Presently, the company
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Object of Issue
  • Funding capital expenditurefor expansion of production capacity for MCC at Dahej, Gujarat crores
  • for expansion of production capacity for MCC at Jhagadia, Gujarat crores
  • funding capital expenditure to manufacture CCS at the Proposed Unit crores
  • General Corporate Purposes

Sigachi Industries MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2021
IPO Size :
125.43 Cr.
IPO Subscription :
101.91 X     
PE Multiple :
13.93
IPO Registrar:
Bigshare Services Private Limited

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FAQs

Sigachi Industries operates in Chemical and Business To Manufacture Chlorinated Paraffin And Hydrochloric Acid. The Issue is listed on MainBoard in Nov, 2021. Sigachi Industries IPO size was 125.43 Cr. with Issue price of 163.00 .

Merchant Banker(s) of Sigachi Industries IPO: Unistone Capital Private Limited

Sigachi Industries IPO subscription was 101.91 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sigachi Industries IPO listed at a listing price of 603.75 against the offer price of 163.00.

The current market price of Sigachi Industries is 52.77.

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