Sigachi Industries Limited IPO Message Board (Page 18)

Only two anchor ⚓
Sigma global
Nexus global

As expected T2T listing, lame response from anchor.

Nii also will apply this using self fund rather than borrowing fund on intrest.

⚓
https://www.bseindia.com/markets/MarketInfo/DownloadAttach.aspx?id=20211029-11&attachedId=ce49be9c-898d-430a-a9c2-c966f8c73162

Sigachi subject to 9191

HNI EXPECTING 1000+ TIMES

iske liye funds nahi bachega bro... pura nykaa me jayega.. HNI mushkil hai jaana paras jaisa... paras was single.. this is coming in midst of 5 ipos jisme Nykaa is too good!

definitely HNI wont cross 500 times...
its gmp is not that much, and there are 2 more big ipos at same time and secondary market also not so optimistic.

Grey Market Premium: Rs.80

Any suggestions or preference order for the IPOs around November 1?

Nykaa
Sigachi

If you have money left, then...
Policybazar
Fino

After a long long time an IPO where there’s NO offer for sale. 👏👏

Very good point.

yes

Nykaa is hogging most of the limelight and the rest is taken by Policy Bazar.

Sigachi and the other two (SJS & Fino Payments) are hardly getting any attention in Media as well as Social Media.

Fundamentally Sigachi appears to be more sound & less speculative than Nykaa & PB but it doesn''t have a GMP even with 2 business days before listing!

GMP: Rs 80

Premium:80

Sigachi is a must apply IPO due to the performance of its sector in last 1-2 years.
It will not be surprising if it hits upper circuits quite a few times after listing.

But the allotment will be the most difficult

Dear owls eye would you apply sigachi or not?

Paytm ipo

Issue Date : 8 to 10 Nov, 2021
Retail : 10%

SI is taken from SInha...
GA should be from ShanmuGAnathan...and
CHI is from CHIdambaranathan


Just guessing.....

Nice decoding👌
How you get time for these things... anyways good

Thanks IPOVini....

Any idea how many times oversubscribed in
Retail and HNI

Could it be another PARAS....?

YES

SMALL SIZED IPO
NO OTHER LISTED PEERS
DEARLY VALUED(P/E RATIO 12.41 AT UPPER PRICE BAND)
PROFITABLE IN LAST THREE FY
RONW 32.12%(FY 2020-21)
LET''S SEE HOW GREY MARKET REACTS TO THIS IPO IN BETWEEN 5 IPOS AT ALMOST SAME TIME.

Small ipo, high chances of high gmp
Good thing is registrar is not linkintime

Itna purana company, phir bhi 200 cr ka mal bikna nasib nahi hua.
Cholo , khela hobe.

Price Band : Rs 161-Rs 163
Lot : 90 shares

@jstm Kaya is me bhi maal bane ga paras jaise (T group 😍)😉

Not like Paras but we can expect decent listing gain.
@163 , it has a valuation of 12.5 P/E which is considered good.
Remember 100 cr. IPO of Nureca which was a T group company and also belongs to pharma sector. Nureca was allotted at 400 , listed at 600 and made 52 week high over 2000. RII was subscribed over 150X.
Considering upper price band this IPO should be preferred for subscription.

Thank you

Sigachi Industries Limited IPO

Issue Open : 1-Nov-2021
Issue Close : 3-Nov-2021
Issue Size : Rs 125.43 Cr
Face Value : Rs 10 Per Share
Issue Price : Rs 161 - Rs 163 Per Share
Market Lot : 90 Shares
Min Application : Rs 14,670
Retail : 35% (29,925 IK Forms)
QIB : 50%
NII : 15%
Listing At : BSE, NSE

Registrar : BigShare
Allotment : 11-Nov-2021
Listing : 13-Nov-2021