Sigachi Industries Limited IPO
Sigachi Industries Limited was a mainboard IPO in the Pharmaceuticals sector, offered at ₹16.1–₹16.3 per share to raise ₹125 crore. The issue was subscribed 101.91× overall (QIBs 86.51×, NIIs 172.43×, retail 80.49×). It listed on 15 Nov 2021 at ₹57 and closed its first day at ₹60, a listing gain of +267.2% versus the ₹16.3 issue price. It now trades around ₹26 (+61.7% versus the issue price).
Frequently asked questions
- How many times was the Sigachi Industries Limited IPO subscribed?
- The Sigachi Industries Limited IPO was subscribed 101.91× overall — 86.51× in the QIB category, 172.43× among non-institutional investors, 80.49× in retail.
- What were the Sigachi Industries Limited IPO listing gains?
- Sigachi Industries Limited listed on 15 Nov 2021 at ₹57, closing its first day at ₹60 — a listing gain of +267.2% versus the ₹16.3 issue price.
- What were the retail allotment odds for the Sigachi Industries Limited IPO?
- Retail was subscribed 80.49×, so a single-lot application had roughly a 1.2% chance of allotment (about 1 in 80), and allotment was finalised on 9 Nov 2021.
- What was the price band and lot size of the Sigachi Industries Limited IPO?
- The price band was ₹16.1–₹16.3 per share, with a minimum lot of 90 shares (₹1,467 at the upper band).
- Who were the registrar and lead manager for the Sigachi Industries Limited IPO?
- Bigshare Services Private Limited was the registrar, and Unistone Capital was the book-running lead manager.