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Sigachi Industries IPO Allotment 2021 Check GMP & Refund Date

Sigachi Industries IPO Allotment 2021: Sigachi Industries Ltd closed its initial public offering (IPO) subscription on November 3. The IPO received a positive response from investors as it was subscribed a total of 101.91 times. The exchange received bids for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares. The Sigachi IPO Allotment is likely to take place on 10 November 2021.

The investors can check Sigachi Industries IPO Allotment Status on the official website of BSE (Bombay Stock Exchange) and IPO Registrar website. Status can also be checked through the bank account and Demat Account login.

Sigachi Industries Ltd is a Hyderabad-based firm engaged in manufacturing Microcrystalline Cellulose, the polymer that is widely used for finished dosages in the pharmaceutical industry. The company was incorporated in 1989, manufacturing 59 different grades of MCC at its manufacturing units, situated at Hyderabad and Gujarat. The company’s units hold an aggregate installed capacity of 11,880 MTPY.

Sigachi Industries IPO Allotment Status 2021

Sigachi Industries IPO Allotment status

IPO Name Sigachi Industries Ltd
Opening Date 01 November 2021
IPO Closing Date 03 November 2021
IPO Size Rs. 125.43 Crore
Price Band 161-163₹
Face Value 10₹ Per Equity Share
Listing On BSE & NSE

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. The price range for the ₹125.42 crore offer was at ₹161-163 per share.

Important dates for Sigachi IPO Allotment

The Sigachi Industries IPO Allotment will be announced on 10 November 2021. Furthermore, the allotted equity shares will be credited to the investors’ account on 12 November 2021, and the company’s shares are expected to be listed on NSE and BSE on 15 November 2021. The investors who were categorised as ineligible for purchasing the shares will receive the refund by November 11, 2021.

How to check Sigachi IPO Allotment Status 2021 – Important Links to check

As mentioned above, the status of Sigachi Industries Ltd can be checked on the official website of BSE, Bigshare Services, IPOWatch and through Demat Account Login.

On BSE Website
  • First, go to the official website of BSE.
  • After that, the Equity box has to be checked.
  • Then, enter the name of the issue “Sigachi Industries”.
  • Fill in your application number in the box.
  • Enter your PAN number details.
  • Finally, click on the search button for complete information.

Click Here to check Sigachi Industries IPO Allotment

On Bigshare Services’ Website
  • Visit the website of Bigshare Services Pvt Ltd Registrar.
  • Type the company name “Sigachi Industries”.
  • Fill in the PAN number, application number or depository/client ID.
  • Then, enter the captcha and click on the search button.
  • Finally, check the Sigachi IPO Allotment status.

Click Here to check Sigachi IPO Allotment Status

Latest Comments

  1. Sir, sigachi ipo not allote to me, when the amount refund in account.

    Reply
  2. sir i got a message that amount has been unblocked but amount not received in account

    Reply
  3. Sir amount not receive

    Reply
  4. SAME QUESTION amount not refund

    Reply
  5. Sir, sigachi ipo not allote to me, when the amount refund in account.

    Reply

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