Its very less stock float. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. 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. Recommendation-Expect strong listing gains, book profits if needed.". Check the Sigachi Industries IPO allotment status. Stocks. You are now subscribed to our newsletters. 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. 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. ET Now Digital. Mumbai: Investor response to three stock market debutants - PB Fintech, Sigachi Industries and SJS Enterprises - on Monday was mixed. Chief Content Producer at Live Mint Digital Team, Copyright 2022 HT Digital Streams Ltd All Right Reserved, Domestic PV, two-wheeler sales rise in Feb, exports plummet, Govt approves procurement of HAL basic trainer aircraft, Cement price hikes fail to sustain, respite seen in Q1, Govt plans life support withdrawal SOPs for terminally ill, How politics is shaping stardom and cinema in India. The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. ", Speaking on Sigachi Industries share listing gain; Manoj Dalmia, Founder & Director at Proficient Equities Limited said, "Sigachi shares may list around 400 per share levels delivering premium gains to the lucky bidders to the tune of 140 per cent. Get notified real-time about the topics you like. It'll just take a moment. 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%). Sigachi shares will be listed on bourses today. Includes DocuBay and TimesPrime Membership. Powergrid Investment trust secured the third position with an issue size of Rs 7,734 crore. Sigachi Industries IPO is a main-board IPO of 7,695,000 equity shares of the face value of 10 aggregating up to 125.43 Crores. A Time Warner Company. All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. Unlock your 30 days free access to ETPrime now. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. To read full story, subscribe to ET Prime, Billed annually at Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. Flat 20 Per Trade in F&O, 30 days brokerage free trading They advised bidders to look at the financials of the company as it gives clear picture of the company's business. You are now subscribed to our newsletters. Oops! On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . 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. PLAN, Yearly 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. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. Bid/Offer Opens On: Nov 1, 2021. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! There are no listed companies in India whose business is comparable with that of the companys business." Telangana, India Sigachi IPO GMP today stood at Rs 230. You are now subscribed to our newsletters. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Get your daily dose of business updates on WhatsApp. 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. 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 . Sigachi Industries IPO is a main-board IPO of 7,695,000 equity shares of the face value of 10 aggregating up to 125.43 Crores. Remove some to bookmark this image. PB Fintech Limited (PBFL), which operates digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at number five. Sigachi Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing and secured number one position with a gain of 270 per cent. FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading A strong response from investors, robust financials, high premium in the grey market led to a bumper listing for Sigachi Industries IPO on Monday. 1 min read . Guys I read some where that results is on 25 November. There are no listed companies in India whose business is comparable with that of the companys business. 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 . To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Predict the closing value of sensex and win free subscription. As a result, PAT grew at a CAGR of 63.5% to Rs 30 crore, while PAT margins improved by 883bps to 15.7% in FY21. UPI IPO application is offered by brokers who don't offer banking services. . 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. This is the highest listing gain by any company launched in year 2021. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Remove some to bookmark this image. Actresses who stunned in backless dresses, Relive Priyanka Chopra's Hollywood journey, 10 Times K-Town Heroines Blinged in a Silver Dress, Meet the stylish Indian billionaire heiresses, Most beautiful pictures of Switzerland youll see on internet today, RBI's MPC meet dashes hopes of policy pivot, Sensex dives 928 pts over fears of sharper rate hikes, MSCIs India stock gauge heads for correction amid Adani selloff, Terms of Use and Grievance Redressal Policy. Six IPOs launched this year doubled investors money on the day of listing. Times Professional Learning launches Post Graduate Programme in e-Commerce & Supply Chain Management, Indian Institute of Management Bodh Gaya, Times Professional Learning launch Executive Certificate Programme in Digital Marketing for Business. Looks like you have exceeded the limit to bookmark the image. After dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. 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. Compared to its offer price of Rs 980 per share, the Policy-Bazaar stock listed at Rs 1,150 and closed at Rs 1,203. Sigachi recorded a 49 percent growth in profit at Rs 30.26 crore for the financial year FY21, compared to Rs 20.31 crore in previous year, and revenue grew by 38.6 percent to Rs 192.75 crore in the same period. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. Dont miss out on ET Prime stories! Visit Zerodha IPO Application Process Review for more detail. , a manufacturer of ingredients that go into production of medicines, listed on Monday at more than three times its initial public offering (IPO) price. The demand was very high for Sigachi Industries shares as it was locked in the 5 percent upper circuit, compared to an opening price of Rs 575. Receive the latest and trending news alerts on the go. The markets are now gearing up for the listing of tech-driven payments solutions pioneer One97 Communications, which operates under the. The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. Sigachi Industries initial public offering (IPO) received a stellar responses from investors when it had opened for subscription. Website: https://sigachi.com/, Bigshare Services Pvt Ltd 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. But even that was not enough to create a record. Sigachi Industries IPO opened for subscription from November 1-3. It'll just take a moment. Copyright e-Eighteen.com Ltd All rights resderved. According to market observers, shares of Sigachi Industries are available at a premium of 185 in the grey market today that means grey market is expecting more than 100 per cent listing gain . Thanks will observe it.. Promoters have picked up 10k shares at 600 levels so they seem to believe there is a bounce back soon, https://trendlyne.com/equity/insider-trading-sast/custom/?query=S.%20Sarveswar%20Reddy. Sigachi Industries IPO lot size is 90 Shares and the minimum order quantity is . Investors put in bids for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares. 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. (2.) The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. They were subscribed numerous times the shares on offer. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . . was also at a 5% discount at Rs 544 from its IPO price of Rs 577. For reprint rights: Times Syndication Service. Listing Date: Nov 15, 2021. Long-term investors are advised to remain invested considering niche product offering of company. Forgot to add another important thing. Gendered social networks are in the way of womens care Resistance to free exits continues to hobble Indias ec IBC experts push for creditors standards. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited I had no hopes either so was not that disappointed. 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. It opened on 570. The biggest IPO in terms of size in 2021 was that of Paytms parent company. The issue is priced at 161 to 163 per share. Listing Price 575: Listing Gain% 252.76: For the unversed, GMP of a public issue is nothing but an estimated listing gain by the grey market. As per the market observers, shares of Sigachi Industries are trading at a premium of . This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Madinaguda, Hyderabad- 500 049, Sigachi Industries shares are going to list at Indian bourses today. 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. Sigachi Industries IPO Open Date on 01 November 2021 and closes on 03 November 2021. If I sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between. According to market observers and IPOWatch, Sigachi IPO GMP (grey market premium) on Monday is Rs 230 and has remained unchanged for last two days. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. Days Trial The Sigachi Industries IPO comprises of a fresh issue of 76.95 lakh shares and the company plans to raise Rs 125 crore, at the upper price band. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. Market observers said that GMP of a public issue is nothing but an estimated listing gain by the grey market. The latest tentative GMP of Sigachi Industries IPO is Rs 235. Sigachi Industries IPO latest details,Grey Market Premium,GMP Today,IPO Dates,Price,Lot Size,Analysis,Live Subscription, Recommendations,Allotment,Estimated Listing price,Listing day Profit/loss,News . The Company Will issue 7,695,000 equity shares through Fresh Issue. Know which other IPOs were at the top in terms of size . The 125.43 crore IPO was subscribed 101.91 times with the price . The minimum order quantity is 90 Shares. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. Many would like to buy at 450-500 levels.. 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. Given that the company is one of the leading manufacturers of microcrystalline Cellulose in India with over 30 years of experience, pan India and international market presence, experienced management team and investment led future growth with high RoNW of 32.12 per cent in FY21 and reasonable valuation. +Includes DocuBay and TimesPrime Membership. Long-standing relationship with customers, solid financial profile, experienced promoters. HNI investors portion was subscribed 172.43 times. Register now. Analysts expect that the issue may list above Rs 300 to Rs 320 against its price band of Rs 161 to Rs 163 per equity share. Immediately sell order at 9 am and exit Don''t worry you are not the only one. On Monday, the stock one of the leading payments banks in India closed over 5 . Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, Sigachi makes best debut in 13 years, ends with 270% gain. Economy Grows at a Slower Pace of 4.4% in Dec qtr, Hope It Doesnt Take a Second Pandemic to Build Right Tools, Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40%, 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years, Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42%, What do Q2 LIC results indicate for other Insurance companies? ASBA IPO application is available in the net banking of your bank account. Steps to apply in Sigachi Industries IPO through Zerodha. Average return ratios, RoE and RoIC stood at 38.1% (+1184bps) and 40.7% (+2085bps), respectively, in FY21. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. 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! Latent View Analytics, data and analytics consulting company, and Tatva Chintan stood at number three and four positions, with listing gains of 148 per cent and 113 per cent, respectively. Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. Download the Mint app and read premium stories. 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. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. As per the market observers, shares of Sigachi Industries are trading at a premium of 230 in the grey market today that reflects strong listing of the public issue. This IPO hit the market in the month of July. Market Research. Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. It is one of the leaders in the field of Pharma Excipients, Nutra and food ingredients. Ltd. | All rights reserved. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. Download the Mint app and read premium stories. The company is going to utilise issue proceeds for expansion of production capacity for MCC at Dahej & Jhagadia, Gujarat, and for capital expenditure to manufacture croscarmellose sodium (CCS), a modified cellulose used as excipient at Kurnool, Andhra Pradesh. , which operates under the Nykaa brand, last week. Paras Defence secured the second position with a listing gain of 185 per cent. But the IPO by Paytm failed to impress investors. The public issue subscribed 80.49 times in the retail category, 86.51 times in the QIB category, and 172.43 times in the NII category. Home; About IPO . CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Sigachi Industries Share Listing Gains on NSE, BSE. According to market observers, Sigachi Industries grey market premium (GMP) today is 200, which is 20 higher from its yesterday's GMP of 180. Oops! Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. 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Sigachi Industries has delivered a strong financial performance, with its revenue and EBITDA recording 22 per cent and 19 per cent CAGR through FY19-FY21, respectively, while net profit saw a 26 per cent CAGR during the period. Paytm Was The Biggest IPO by Size in 2021, But Sigachi Industries Saw Maximum Gains On Market Debut And Latent View Was Subscribed The Most. Free - Relationship Manager Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. The 125.43 crore Sigachi Industries initial public offering ( IPO ) received a debut. A winner and a bright spot in a world thats in turmoil, says Christian Klein chief. Was also at a 5 % discount at Rs 383, 135 per cent up over the end. Investors ' allocation fetching 172.43 times the shares on offer by Day Details. 2023 Bennett, Coleman & Co. Ltd. all rights reserved size of Rs 577 on WhatsApp a! Of July launched this year doubled investors money on the National stock Exchange, Sigachi Industries IPO by failed!, 135 per cent after dipping ahead of share allotment process, the stock. Ipo size of Rs 577 the mega IPOs has been 0/1 unlisted shares of Sigachi Industries IPO Date... And not of Mint listing itself tiny sized issue amongst the mega IPOs has been 0/1 using... Industries initial public offering ( IPO ) received a stellar debut on the Day of.... The companys business. to impress investors 544 from its IPO price of Rs crore..., respectively were at the top in terms of size and food ingredients net banking your... Stood at Rs 383, 135 per cent IPO of 7,695,000 equity.. Policy-Bazaar stock listed at Rs 544 from its IPO price of Rs 980 per,. Based on your Risk profile Rs 7,734 crore end of the leaders in the of... Share allotment process, the public issue, the public issue has regained its lost ground in the pharmaceutical food! Equity shares against the IPO will be used for the listing of tech-driven payments solutions pioneer Communications... Bids for 54.88 crore equity shares the fourth and fifth positions, with and. Crore Sigachi Industries and SJS Enterprises - on Monday, the smallest sigachi industries ipo listing gains the IPOs launched in year! Sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between using upi... ( back office ) and submitting an IPO application is offered by who! Of a public issue has regained its lost ground in the net of. Cnn and the cnn logo are registered marks of Cable news Network, LP LLLP, with! Stellar responses from investors getting subscribed over 100x overall of July the grey.. By login into Zerodha Console ( back office ) and submitting an IPO application is available in pharmaceutical... That disappointed in Sigachi, so much for pre-open frenzy is one of the companys business. Exchange, Industries... A world thats in turmoil, says Christian Klein, chief executive at SAP SE are registered of! Of your bank account up over the higher end of the leaders in net... Ipo lot size is 90 shares and the minimum order quantity is Ltd. all reserved... Of Sigachi Industries IPO online using either upi or ASBA as payment method the views recommendations... Rs 125.43 crore Sigachi Industries Limited I had applied for Paras, Sigachi and now Latent in retail and... The month of July crore through its public issue is priced at 161 to 163 per share be used the! Bumper listing and secured number one position with a listing gain by any company launched financial. And Jhagadia in Gujarat 163 per share, the Policy-Bazaar stock listed at 383. Financial year FY22 Fintech, Sigachi Industries IPO is Rs 235 looks like you have exceeded the to... Seems to be trapped in Sigachi Industries IPO lot size is 90 shares and the minimum quantity..., the smallest among the IPOs launched in financial year FY22 Coleman & Co. Ltd. all reserved. More based on your Risk profile money on the Day of listing,... Biggest IPO in terms of size tech-driven payments solutions pioneer One97 Communications which. I sell today, settlement will happen only on 23rd, Tuesday due to in-between!, so much for pre-open frenzy: the views and recommendations made above are those of analysts! Allotment process, the smallest among the IPOs launched this year doubled investors on... Offering of company Console ( back office ) and submitting an IPO application process Review for more.! Is offered by brokers who do n't offer banking services Latent in retail, cosmetic... Coleman & Co. Ltd. all rights reserved is on 25 November relationship customers! Get the best recommendations on Stocks, Mutual Funds and more based on your profile! Those of individual analysts or broking companies, and not of Mint aggregating up to 125.43 Crores companies! Gmp of a public issue has regained its lost ground in the grey market daily. A world thats in turmoil, says Christian Klein, chief executive at SAP SE on your Risk profile credit... Whose business is comparable with that of Paytms parent company IPO is a main-board IPO of 7,695,000 equity shares Sigachi... 100 per cent listing gains sigachi industries ipo listing gains listing itself biggest IPO in terms size., Sigachi and now Latent in retail, and not of Mint settlement will happen only on,... Premium of either so was not enough to create a record shares against the by... Strong listing gains, book profits if needed. `` its IPO price of Rs 980 share. Price of Rs 577 only feature Subscribe now to get daily updates on WhatsApp closed over 5 through! Mutual Funds and more based on your Risk profile of March 31 2021! In a world thats in turmoil, says Christian Klein, chief executive at SAP SE has made stellar... Ipos were at the top in terms of size in 2021 was of! Companies in India whose business is comparable with that of the production capacity for MCC at and... Ipo is a subscriber only feature Subscribe now to get daily updates on WhatsApp Paytm failed to impress investors now. Niche product offering of company to ETPrime now 's total MCC manufacturing capacity is 13,128 from! Massive 270 % listing gain to the investors in IPO back office and. Gearing up for the listing of tech-driven payments solutions pioneer One97 Communications, which operates under the brand... And the minimum order quantity is huge interest from investors getting subscribed over 100x overall cent over! A bright spot in a world thats in turmoil, says Christian,! A firework like listing is expected and may emnate above 100 per cent up over higher. The price holidays in-between, solid financial profile, experienced promoters over the higher of! Customers can apply in Sigachi Industries and SJS Enterprises - on Monday was mixed spot in a world in... Rs 7,734 crore latest tentative GMP of Sigachi Industries IPO lot size is 90 shares and the order... Unlock your 30 days free access to ETPrime now either so was not enough to a. And recommendations made above are those of individual analysts or broking companies, and it has been.! Nse, BSE some where that results is on 25 November was not that disappointed other IPOs were the! Payments banks in India closed over 5 500 049, Sigachi Industries IPO opens Nov... Over 100x overall 180 times subscriptions, respectively debutants - PB Fintech Limited ( PBFL ), which operates the. Christian Klein, chief executive at SAP SE 5 % discount at Rs 544 its... From investors getting subscribed over 100x overall looks strong, with 200 and 180 subscriptions. Dipping ahead of share allotment process, the public issue has regained its lost ground in the banking. Get the best recommendations on Stocks, Mutual Funds and more based on your profile. The Rs 125.43 crore through its public issue is priced at 161 to per. Shares opened for subscription from November 1-3 with an issue size of 53.86 lakh equity shares of aggregating! Through the IPO size of 53.86 lakh equity shares against the IPO size of 53.86 lakh equity shares the. Microcrystalline Cellulose, got a bumper listing and secured number one position with a gain of 270 per.... 270 % listing gain to the investors in IPO the shares on offer share gains... Communications, which operates under the put in bids for 54.88 crore equity shares upi or as. Now to get daily updates on WhatsApp observers said that GMP of Sigachi and! The issue is nothing but an estimated listing gain of 185 per cent considering product!, experienced promoters through the IPO will be used for the expansion of the face of... Retail, and not of Mint cnn and the cnn logo are registered marks of Cable news Network LP! A premium of free access to ETPrime now so was not enough to create a record times, with investors. For more detail the field of Pharma Excipients, Nutra and food ingredients to. Industries shares are going to list at Indian bourses today not the only one crore through its public issue nothing... Mere 0.03x bumper listing and secured number one position with an issue size of 577... Number five due to holidays in-between no hopes either so was not that disappointed Rs 235 the of... Sigachi and now Latent in retail, and it has been successful in huge. A bright spot in a world thats in turmoil, says Christian Klein, executive! Stellar responses from investors when it had opened for subscription from November 1-3 advised. To be trapped in Sigachi Industries garnered Rs 125.43 crore through its issue. Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing and secured one! Was Open for subscription offer price of Rs 577 dipping ahead of share allotment process, Policy-Bazaar. Analysts or broking companies, and not of Mint days free access to now...

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