Sigachi Industries Ltd. IPO

It is engaged in manufacturing microcrystalline cellulose (“MCC”) which is widely used as an excipient for finished dosages in the pharmaceutical industry.

RHP
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DRHP
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Open Date

2021-11-01

Close Date

2021-11-03

Sigachi Industries Ltd. IPO Details

Check out the issue details for Sigachi Industries Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 164

Price Band

₹ 161 - 163

Issue Size

125.43 Cr.

Issue Type

Book Built

Open

2021-11-01

Close

2021-11-03

Listingprice

₹ 570

ListingGain

247.56%

Listing Date

2021-11-15

CMP

₹ 51.62

Current Return

-68.52%

Sigachi Industries Ltd. News

Sigachi Industries informs about analyst meet12 Dec, 2:40PM Sigachi Industries informs about press release29 Nov, 11:41AM Sigachi Industries informs about newspaper publication14 Nov, 5:19PM Sigachi Industries informs about analyst meet5 Nov, 4:43PM Sigachi Industries informs about disclosure 31 Aug, 10:31AM Sigachi Industries informs about press release20 Aug, 11:56AM Sigachi Industries unveils new product lines ‘PureCoat’, ‘UltraMod’20 Aug, 11:43AM Sigachi Industries - Quaterly Results6 Aug, 4:01PM Sigachi Industries - Quaterly Results6 Aug, 4:01PM Sigachi Industries - Quaterly Results6 Aug, 4:01PM Sigachi Industries informs about closure of trading window 27 Jun, 2:57PM Sigachi Industries informs about transcript of earnings call1 Jun, 12:33PM Sigachi Industries - Quaterly Results27 May, 2:15PM Sigachi Industries - Quaterly Results27 May, 2:15PM Sigachi Industries - Quaterly Results27 May, 2:15PM Sigachi Industries informs about disclosure 11 Mar, 10:11AM Sigachi Industries informs about investor presentation19 Jan, 5:16PM Sigachi Industries - Quaterly Results19 Jan, 4:25PM Sigachi Industries - Quaterly Results19 Jan, 4:25PM Sigachi Industries informs about earnings call16 Jan, 4:33PM

Company Financials

You can get the following financial statements of Sigachi Industries Ltd. as of now.

Exchange

NSE: SIGACHI BSE: 543389

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Sigachi Industries IPO is as:

  • The issue size of the IPO is 125.43 Cr.
  • The price band ranges from Rs 161 to Rs 163.
  • The shares will list on 15th November 2021.
  • The latest tentative GMP of Sigachi Industries IPO is Rs 235.
  • Sigachi Industries IPO is subscribed 101.91 times as of 3rd November.

 

Sigachi Industries IPO Valuation

The approx valuation of Sigachi Industries IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 163
Existing Shares (Qty) 2.30 Cr
Fresh Issue  125.43 Cr
Market Cap 500.33
EPS (FY21) Rs 13.13 
PE Ratio 12.41x
Industry PE No peers

 

Sigachi Industries IPO Issue Size

Sigachi Industries IPO issue size is 125.43 Cr. 

Issue Amount
Fresh Issue  125.43 Cr
Offer For Sale 0

 

Sigachi Industries IPO Market Lot

An Individual can apply for a minimum 1 lot of 90 shares and a maximum of 13 lots of 1170 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 90 Rs 14,670
 Maximum 13 1170 Rs 1,90,710

 

Sigachi Industries IPO share offer

Sigachi Industries IPO is subscribed 101.91 times as of 3rd November. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 86.51 Times
Non-Institutional Minimum 15% 172.43 Times
Retail Individual Minimum 35% 80.49 Times
Total   101.91 Times

 

Sigachi Industries IPO Grey Market Premium

As on GMP (Tentative)
10 November 2021 Rs 200
11 November 2021 Rs 200
12 November 2021 Rs 200
13 November 2021 Rs 200
14 November 2021 Rs 235

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for Sigachi Industries IPO:

Schedule Date
Basis of Allotment 10 November 2021
Refunds 11 November 2021
Credit to Demat Account 12 November 2021
IPO Listing Date 15 November 2021

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 138.82 187.94 249.4 290.32 317.5
Total Expenditure 114.12 150.61 199.01 234.51 258.21
Operating Profit 24.7 37.34 50.4 55.81 59.29
Other Income 4.89 3.25 2.63 6.67 11.57
Interest 2.18 1.16 1.16 4.29 7.02
Depreciation 1.96 2.31 2.9 6.62 8.71
Exceptional Items 0 0 0 0 0
Profit Before Tax 25.45 37.12 48.97 51.58 55.14
Provision for Tax 5.03 8.06 10.94 10.02 14.12
Net Profit 20.42 29.06 38.03 41.56 41.01
Adjusted EPS (Rs.) 0.09 0.13 0.12 0.14 0.12

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 7.68 7.68 30.74 30.74 32.82
Total Reserves 58.88 87.21 196.44 234.83 377.45
Borrowings 1.91 1.89 1.21 1.01 26.58
Other N/C liabilities 3.56 5.14 6.36 29.75 30.67
Current liabilities 37.29 31.85 49.62 72.59 141.09
Total Liabilities 109.32 133.77 284.37 368.92 608.61
Assets
Net Block 31.59 37.96 53.41 121.72 139.17
Capital WIP 3.13 3.74 9.71 34.9 90.56
Intangible WIP 0 0 0 0 0.62
Investments 0.13 0.28 0.28 1.85 101.85
Loans & Advances 2.35 4.43 11.75 20.97 14.42
Other N/C Assets 0 0 31.91 18 14.3
Current Assets 72.12 87.36 177.31 171.48 247.69
Total Assets 109.32 133.77 284.37 368.92 608.61
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 1.09 1.68 7.17 1.68 14.58
Profit Before Tax 10.76 13.76 16.99 12.72 28.39
Tax 2.38 2.99 5.26 3.44 6.67
Profit After Tax 8.38 10.77 11.73 9.29 21.72
Adjusted EPS (Rs) 0.27 0.33 0.36 0.28 0.65

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 44.71 23.37
Jun 2024 45.43 21.7
Mar 2024 45.43 21.7
Dec 2023 46.08 0
Sep 2023 48.49 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 25.45 37.12 48.97 51.58 55.14
Adjustment 4.07 3.35 3.48 7.53 6.91
Changes in Assets & Liabilities -12.72 -6.09 -36.12 -20.24 -38.38
Tax Paid -4.86 -6.57 -10.97 -11.19 -8.61
Operating Cash Flow 11.93 27.9 5.35 27.68 15.05
Investing Cash Flow -6.83 -11.43 -62.87 -92.83 -158.26
Financing Cash Flow 3 -8.82 108.38 26.28 162.72
Net Cash Flow 8.1 7.65 50.87 -38.86 19.51
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