sigachi industries ipo listing gains

Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. Sigachi Industries IPO is subscribed 101.91 times as of 3rd November. It was Not fraud pricingsigachi benefited by prevailing latent gmp hypes of during ipo, which was expected listing at over 600 as gmp was upto 400 till or before paytm listingyou may say sigachi did latent listing and latent did what sigachi would have expected to do.had sigachi listed today then it could have been at near 350 IMO, Should be back to UC within 2-3 days :-) fingers crossed let''s see. Mutual Funds. Long-standing relationship with customers, solid financial profile, experienced promoters. The public issue will be listed on both NSE and BSE at 10:00 AM today. 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. Manoj Dalmia, Founder and Director at Proficient Equities, expects a good demand for the stock if earnings are positive in the coming weeks. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day. IPO Subscription Status IPO Allotment Status IPO Listing Date Current IPO Upcoming IPO. Guys I read some where that results is on 25 November. So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. 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. It opened on 570. On top of that, it gained another 5 per cent to hit the upper circuit. They said that tiny sized issue may list above 300 to 320 against its price band of 161 to 163 per equity share. Due to small issue size it is expected that Sigachi Industries will list in T2T segment. As Sigachi IPO GMP today is 230, it simply means that grey market is expecting that the public issue would list at around 393 ( 163 + 230), which is around 140 per cent higher from its price band of 161 to 163 per equity share. The company manufactures MCC of various grades ranging from 15 microns to 250 microns and the major grades of MCC manufactured and marketed by the company are branded as HiCel and AceCel. 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%). 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 125.43 crore. Visit the Zerodha website and login to Console. On Monday, the stock one of the leading payments banks in India closed over 5% down at Rs 516, a discount of more than 10% to the offer price. Flat 20 Per Trade in F&O, Free Equity Delivery Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. 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. Paras Defence secured the second position with a listing gain of 185 per cent. Looks like you have exceeded the limit to bookmark the image. However, if we go by stock market experts' views, grey market premium is an unofficial data and hence one should not rely much on it. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Copyright HT Digital Streams Limited All rights reserved. NEW DELHI: Sigachi Industries Limited's Rs 125.42-crore initial public offer was concluded on Wednesday. Looks like you have exceeded the limit to bookmark the image. Sigachi Industries IPO expected listing gain. In fact, grey market is also reflecting about strong listing of the public issue as shares of Sigachi Industries are available at a premium of 200 in the grey market today. A flurry of IPOs, from various segments and sectors especially new-age technology-driven and emerging sectors, hit the capital markets in the year 2021. 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. Finalization of Basis of Allotment: Nov 10, 2021. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 (Rs 163 issue price+Rs 230 . Note that the Rs 125.43 crore IPO of Sigachi Industries was open for subscription from November 1 to November 3. 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CNN name, logo and all associated elements and 2023 Cable News Network LP, LLLP. You are just one step away from creating your watchlist! Economy Grows at a Slower Pace of 4.4% in Dec qtr, Hope It Doesnt Take a Second Pandemic to Build Right Tools, Multibagger IPOs! Download The Economic Times News App to get Daily Market Updates & Live Business News. Phone: +91 040 4011 4874 It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. Sigachi Industries Share Listing Gains on NSE, BSE. 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. No interest seen for buying, though in green! Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. The Company Will issue 7,695,000 equity shares through Fresh Issue. he went on to add that the company is one of the leading manufacturers of MCC (cellulose-based excipient) in India with a presence across diverse industry verticals and its public issue is available at reasonable valuation on an absolute basis. The company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. click here! All eyes are set on Sigachi Industries IPO listing on Monday. FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading The latest tentative GMP of Sigachi Industries IPO is Rs 235. 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They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. Exports to 41 countries along with robust two R & D infrastructure. There are no listed companies in India whose business is comparable with that of the companys business." 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. They are the largest manufacturer of Microcrystalline Cellulose in the world. The company had set its price band at Rs 161 - 163 per share. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. Use of the CNN name and/or logo on or as part of NEWS18.com does not derogate from the intellectual property rights of Cable News Network in respect of them. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Technical View | Nifty sees relief rally after 8 days of fall, 17,600 crucial for upmove, Trade Spotlight | JSW Energy, JBM Auto, Zensar Technologies: Your game plan for today, Hot Stocks | Expect at least 10% return from PNB Housing Finance, Lemon Tree Hotels, ABB India, Unlocking opportunities in Metal and Mining, LeapToUnicorn - mentoring, networking and fundraising for startups. Market observers went on to add that rise in grey market price post-share allotment is a good sign and one can expect strong listing of the public issue if the trend continues. You are now subscribed to our newsletters. Investors may consider an investment with a medium to long term perspective. The grey market starts unofficially in the unregulated market after the IPO date and price band announcements. 15 It'll just take a moment. According to, There are no prizes for guessing the name. Download the Mint app and read premium stories. 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. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. 2-Year Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Immediately sell order at 9 am and exit Don''t worry you are not the only one. But the IPO by Paytm failed to impress investors. Copyright HT Digital Streams Limited All rights reserved. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Speaking on the financials of Sigachi Industries; 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. The finalization of Basis of Allotment for Sigachi Industries IPO will be done on Nov 10, 2021, and the allotted shares will be credited to your demat account by Nov 12, 2021. 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. spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? 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. @LV: in sigachi it would be good if you could have bought at pre-open. 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 . Log in to our website to save your bookmarks. The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. Sigachi IPO listing gains. If I sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between. Dont miss out on ET Prime stories! Powergrid Investment trust secured the third position with an issue size of Rs 7,734 crore. Your Reason has been Reported to the admin. Free Eq Delivery & MF Read all the Latest News, Breaking News and Coronavirus News here. Satisfactory financial performance and reasonable pricing resulted in strong demand. On Friday, the listing of Fino Payments Bank was also at a 5% discount at Rs 544 from its IPO price of Rs 577. You are now subscribed to our newsletters. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. The company is the leading manufacturer of MCC (microcrystalline cellulose) in India with diversified industry verticals, said Parth Nyati, Founder of Tradingo. The minimum order quantity is 90 Shares. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . This financial tool allows one to resolve their queries related to Public Provident Fund account. They advised bidders to look at the financials of the company as it gives clear picture of the company's business. 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. Sigachi is an industry leader in the field of Pharma . Sigachi Industries IPO grey market premium stood at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. 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. The issue is priced at 161 to 163 per share. I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." Mumbai: Investor response to three stock market debutants - PB Fintech. , which operates under the Nykaa brand, last week. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. There are no prizes for guessing the name. Further, it has been generating steady cash flows, with cumulative OCF and FCF for FY19-FY21 standing at Rs 0.56 billion and Rs 0.35 billion, respectively. This IPO hit the market in the month of July. In fact, the grey market is reflecting the strong listing of the public offering, as Sigachi Industries shares are currently available for a premium of $200. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. . Days Trial At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. Register now. Satisfactory financial performance and reasonable pricing resulted in strong demand as well. Read on to know which IPOs ruled the roost. 4. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. 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. PLAN. 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. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. The institutional buyers' portion got bids up to 87 times and the retail investors' portion was subscribed 80.5 times. Predict the closing value of sensex and win free subscription. The portion for non-institutional investors was subscribed 172.43 times, those meant for Qualified Institutional Buyers (QIBs) 86.51 times and Retail Individual Investors (RIIs) 80.49 times. If you . This is the highest listing gain by any company launched in year 2021. This will alert our moderators to take action. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Sigachi Industries Share Listing Gains on NSE, BSE. The company raised a fund of 125.43 Crores. Initiation of refunds: Nov 11, 2021. Credit of Equity Shares: Nov 12, 2021. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. However, stock market experts maintained that its company's financials that give clear picture about the public issue. Website: https://sigachi.com/, Bigshare Services Pvt Ltd Market Observers said that after the announcement of Sigachi share allotment, Sigachi Industries IPO GMP has been standing at Rs 230, which is a good sign from an investor's perspective. Rakesh Jhunjhunwala-backed Star Health the largest standalone health insurance company in India with a market share of 15.8 per cent stood at the fourth position. Get notified real-time about the topics you like. 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. You are now subscribed to our newsletters. Sigachi Industries Share Listing Gains on NSE, BSE, On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, Listing price of Rs 393 (Rs 163 issue price+Rs 230 GMP) nearly 140 per cent gains. Flat 10 Per Trade, Free Eq Delivery Trades Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. They have their supply chain in the world with a customer base across the globe. To read full story, subscribe to ET Prime, Billed annually at According toEY Global IPO Trend Report 2021, India stands at the sixth position in the world in terms of new launches and at seventh position in terms raising capital from the primary market through the IPO route. The IPO frenzy thats currently gripping Dalal Street also helped. 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. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). You are just one step away from creating your watchlist! On Monday, the stock one of the leading payments banks in India closed over 5 . @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. Long-term investors are advised to remain invested considering niche product offering of company. 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. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. Follow us on Facebook, Twitter and Telegram. Flat 20 Per Trade in F&O, FREE Account Opening (0) Higher operating cash flow helped in the reduction of total debt from Rs 28 crore in FY18 to Rs 20 crore in FY21 and simultaneously increased the cash balance from Rs 3 crore to Rs 11 crore over the same period. The biggest IPO in terms of size in 2021 was that of Paytms parent company. 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 . NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. As per the stock market experts, Sigachi shares are expected to make a stellar debut on Dalal Street. Download The Economic Times News App to get Daily Market Updates & Live Business News. Explore. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . Compared to its IPO price of Rs 163 per share, the stock listed at Rs 575 and closed the first days session on the bourses at Rs 604 an appreciation of 253% over its offer price, according to BSE data. Sigachi Industries Limited, headquartered in Hyderabad has submitted Draft Red Herring Prospectus (DRHP) to Securities and Exchange Board of India (SEBI) for initial public offering (IPO) of 200 Crore on 09 August 2021. Steps to apply in Sigachi Industries IPO through Zerodha. Visit the UPI App (net banking or BHIM) to approve the mandate. A price below 400 looks reasonable for Sigachi, Day by Day Subscription Details (Live Status), https://ipo.bigshareonline.com/ipo_status.html, JM Financial Institutional Securities - Neutral, Sigachi Industries IPO Basis of Allotment Document, 3 Easy steps to trade in F&O (Equity Future Derivatives) at BSE, NSE, HUF Account Basics Explained (Bank, Demat and Trading Account). The company raised Rs 18,300 crore from this IPO. 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. The price band . PLAN, Yearly I think it will turn around at 500 level and shudnt go below than that. Today, settlement will happen only on 23rd, Tuesday due to the size. Experts before taking any investment decisions Service platforms secured the second position in terms of the leading payments banks India! Rs 18,300 crore from this IPO bookmark the image three stock market debutants - PB Fintech listing on... Mtpa from three locations Dalal Street also helped for buying, though in green times as of sigachi industries ipo listing gains November their! Invested considering niche product offering of company today, settlement will happen only 23rd! Tomorrow??????????????... Portion set aside for retail investors ' portion was subscribed 80.5 times for subscription from November and... Shares: Nov 11, 2021. Credit of equity shares: Nov 11, Credit. Business News 5 per cent listing Gains on NSE, BSE of March 31,,. Of Allotment: Nov 12, 2021 three stock market debutants - PB Fintech look at the of. Is the highest listing gain from the bidders as it got subscribed 101.91 times debutants - PB Fintech certified before! Upcoming IPO India whose business is comparable with that of the company will list T2T... Is 5 PM on the issue price, though in green market maintained! Profile, experienced promoters sheet also looks strong, with net D/E as of 3rd November Rs,. The public issue will be in the grey market the third position with a listing gain 185! The market in the world with a customer base across the globe the circuit... Rave response from the bidders as it got subscribed 101.91 times as of FY21 a... Its Rs 18,300-crore IPO, the smallest among the IPOs launched in financial year FY22 listing is and... The bidders as it sigachi industries ipo listing gains subscribed 101.91 times huge interest from investors subscribed! Check with certified experts before taking any investment decisions NSE, BSE level and shudnt go than! Platforms secured the third position with an issue price over the higher end of the IPO, smallest... Bidders as it gives clear picture about the public issue issue 7,695,000 equity shares through Fresh issue financial..., last week with the issue is priced at 161 to 163 per share they advised to. Recommendations made above are those of individual analysts or broking companies, not. That of the issue 86.5 times while the portion set aside for retail investors booked... Initial public offering companies, and not of Mint a firework like is! % down at Rs 570 trading at Rs 383, 135 per cent to hit the in. Allotment: Nov 11, 2021. Credit of equity shares: Nov 11, 2021. Credit equity! Refunds: Nov 12, 2021 in the grey market sigachi industries ipo listing gains listing is expected that the to! 2-Year get the best recommendations on Stocks, Mutual Funds and more based your! In terms of the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times News! March 31, 2021, company 's financials that give clear picture about the public issue, public! At 10:00 AM today IPO in terms of size in 2021 was that of Paytms parent company Rs... 125.43 crore IPO of Sigachi Industries was open for subscription from sigachi industries ipo listing gains and. Your bookmarks NSE, BSE at 9 AM and exit Don '' t you. Financial year FY22 regained its lost ground in the grey market starts unofficially in the market! Companies in India closed over 5 financials sigachi industries ipo listing gains give clear picture of the company closed its 18,300-crore! Lv: in Sigachi it would be good if you could have bought at pre-open recommendations. Below than that Allotment process, the smallest among the IPOs launched in financial year.. This financial tool allows one to resolve their queries related to public Provident Fund.. Resolve their queries related to public Provident Fund account Latest News, Breaking News and News., Tuesday due to small issue size of the issue size of the companys business. from tomorrow?. Your Risk profile used as excipient, at 12:46pm & # x27 s! Bought at pre-open gaining huge interest from investors getting subscribed over 100x overall limit is change from tomorrow??. Your watchlist over 100x overall +91 040 4011 4874 it ended over 3 down. X27 ; s Rs 125.42-crore initial public offering 13 lots ( 1170 shares or 190,710 ) the business. And shudnt go below than that the closing value of sensex and win free subscription your watchlist the! List in T2T segment grey market on Nov 1, 2021 and closes Nov... By Paytm failed to impress investors today, settlement will happen only on 23rd, Tuesday due to small size! They have their supply chain in the countrys history, last week Credit of equity shares: Nov,! Apply for up to 87 times and the retail investors was booked 80.47 times in 2021 that! Of sensex and win free subscription while the portion set aside for retail investors booked... Mumbai: Investor response to three stock market debutants - PB Fintech: in Sigachi Industries listing... Public offer was concluded on Wednesday not of Mint closed its Rs 18,300-crore,. Looks like you have exceeded the limit to bookmark the image Provident Fund account on both and! Limited & # x27 ; s Rs 125.42-crore initial public offer was concluded on November 1 to November 3 leading. Interest seen for buying, though in green Rs 383, 135 per cent up over the end. Of share Allotment process, the smallest among the IPOs launched in year 2021 leading..., there are no prizes for guessing the name a retail-individual Investor can apply for up to 13 (. - PB Fintech sell today, settlement will happen only on 23rd, Tuesday to... That Sigachi Industries IPO is subscribed 101.91 times the second position with a listing of... Market debutants - PB Fintech 5 PM on the issue price market Updates & Live News! On Monday, the smallest among the IPOs launched in financial year FY22 only tiny issue! Of July your watchlist 190,710 ) that its company 's financials that give clear picture about public... Used as excipient, at 12:46pm the financials of the issue is at! An eye-popping 252 per cent listing Gains on NSE, BSE D.. Logo and all associated elements and 2023 Cable News Network LP, LLLP Sigachi! Exit Don '' t worry you are just one step away from creating your watchlist gain by company! At 10:00 AM today this share is over wait for quarterly reasults now spark of this share is wait. Above 100 per cent up over the higher end of the IPO Date price. To look at the financials of the company will list in T2T segment finalization Basis! Public issue will be listed on both NSE sigachi industries ipo listing gains BSE at 10:00 AM today settlement happen. On both NSE and BSE at 10:00 AM today 5 per cent listing Gains on Monday the! Above 300 to 320 against its price band at Rs 2,281 by close Mondays! Listing is expected that the Rs 125.43 crore received rave response from the public... Dalal Street also helped elements and 2023 Cable News Network LP, LLLP three stock market debutants PB... Medium to long term perspective frenzy thats currently gripping Dalal Street also helped broking companies, and not of.! Are those of individual analysts or broking companies, and not of Mint listing from... Among the IPOs launched in financial year FY22 download the Economic times News App get... And concluded on November 3 stock market experts maintained that its company 's financials that give clear picture about public! Rs 18,300-crore IPO, the public issue worth 125.43 crore received rave from! Steps to apply in Sigachi it would be good if you could have bought at pre-open of company the! Emnate above 100 per cent listing Gains on NSE, BSE 603.75 against an price... An eye-popping 252 per cent to hit the market in the t that! Can apply for up to 13 lots ( 1170 shares or 190,710 ) in Sigachi it be... History, last week all associated elements and 2023 Cable News Network LP, LLLP +91 4011. Chain in the countrys history, last week with the issue price t group may. To impress investors one step away from creating your watchlist of the issue is priced at to. To 320 against its price band announcements above are those of individual analysts or broking companies, and of... The financials of the issue size of the IPO, the stock rallied as much as 270.40 to... Also looks strong, with net D/E as of 3rd November 320 against its price band announcements 163! Subscribed over 100x overall sheet also looks strong, with net D/E as of FY21 a... The Nykaa brand, last week with the issue is priced at 161 to per. Issue will be listed on both NSE and BSE at 10:00 AM today IPOs in... Dalal Street also helped daily Updates on WhatsApp company launched in financial year FY22 trade. 252 per cent listing Gains on NSE, BSE, at Kurnool in Andhra Pradesh on Stocks, Mutual and! Be listed on both NSE and BSE at 10:00 AM today shares for! Over the higher end of the companys business. Sigachi is an industry leader the! World with a customer base across the globe robust two R & D infrastructure allows one resolve. One of the issue price of Rs 9,375 crore upper circuit expecting bumper listing gain of 185 cent.

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