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Sigachi Industries makes bumper debut on the BSE

15 Nov 2021 Evaluate

Sigachi Industries has debuted at Rs 575.00 on the BSE, up by 412 points or 252.76% from its issue price of Rs 163.

The scrip is currently trading at Rs 603.75, up by 440.75 points or 270.40% from its issue price. It has touched a high and low of Rs 603.75 and Rs 570.45 respectively. So far 4.18 lakh shares were traded on the counter.

The offering, which was open for subscription between November 01, 2021 and November 03, 2021 was subscribed 102 times with portion reserved for non-institutional investors booked 172 times. Shares reserved for Qualified Institutional Buyers was subscribed 86.51 times and portion set aside for retail investors was subscribed 80.49 times. The issue price was fixed at Rs 163 per share i.e. at upper end of price band of Rs 161-163 apiece.

Sigachi Industries is an industry leader in the field of Pharma Excipients, Nutra and food ingredients. The company has rapidly established itself as one of the largest manufacturers of Microcrystalline Cellulose worldwide.


Sigachi Industries Share Price

22.04 1.21 (5.81%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1654.70
Dr. Reddys Lab 1232.00
Cipla 1229.60
Zydus Lifesciences 915.45
Lupin 2332.70
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