November 1, 2021 - November 3, 2021

Sigachi Industries IPO Review & Recommendations

Dilip Davda and Marwadi Shares and Finance Ltd have given "Apply" recommendation to Sigachi Industries IPO. Capital Market has given "May Apply" recommendation to Sigachi Industries IPO. JM Financial Institutional Securities has "Neutral" view about the IPO.

Sigachi Industries IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	2	1	1	0	0
%	50.00	25.00	25.00	0.00	0.00

Sigachi Industries IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Capital Market	May Apply
Dilip Davda	Apply
JM Financial Institutional Securities	Neutral
Marwadi Shares and Finance Ltd	Apply

Sigachi Industries IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Sigachi Industries IPO is 50. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	50	May subscribe

Sigachi Industries IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company has been faring well and paying dividends. The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. Investors may consider an investment with a medium to long term perspective. Read detail review...

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