CapitalVia

Sigachi Industries IPO | CapitalVia

Sigachi Industries Limited IPO. Know about Sigachi Industries IPO. Sigachi industries was incorporated in 1989 and is the leading producer of Microcrystalline…

Published 2021. CapitalVia was a SEBI-registered investment adviser at the time of writing. The company no longer provides advisory services and is not registered with SEBI — it now offers stock-market education only. The article is kept for its educational content.

Sigachi industries was incorporated in 1989 and is the leading producer of Microcrystalline Cellulose (MCC). MCC is widely used in finished doses of pharma industry as an excipient.
Apart from pharma, cosmetics and food nutaceuticals also have varied applications for MCC. The company has 3 manufacturing units in India and has also received various certifications for its quality.

IPO Opening Date Nov 1, 2021
IPO Closing Date Nov 3, 2021
Face Value ₹10 per equity share
IPO Price ₹161 to ₹163 per equity share
Market Lot 90 Shares
Min Order Quantity 90 Shares
Listing At BSE, NSE
Issue Size 7,695,000 Eq Shares of ₹10 (aggregating up to ₹125.43 Cr))

‍

Sources