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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Sigachi Industries Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹163
Per ShareLot Size
90 Shares
Minimum Investment
₹14,670
Issue Size
₹123.89 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
53.32%
Issue Type
Book Building
ISIN
INE0D0K01022
Sigachi Industries Limited is engaged in manufacturing of Microcrystalline Cellulose ("MCC") which is widely used as an excipient for finished dosages in the pharmaceutical industry and has varied applications in the food, nutraceuticals and the cosmetic industries. It carries its operations from three manufacturing units situated at Hyderabad, Jhagadia and Dahej (Gujarat). It has also entered into operations and management agreements with Gujarat Alkalies and Chemicals Limited ("GACL") for operating and managing the manufacturing units owned by GACL and for contract manufacturing of sodium chlorate, stable bleaching powder and poly aluminum chloride in the said units.
The global MCC market size is forecast to reach USD 1.4 billion by CY 2025, growing at a CAGR of 7.25% during CY 2020-2025. The growth of the microcrystalline cellulose market is mainly driven by the rising demand for packaged food and the growing production of pharmaceutical and cosmetic and personal care products. The global CCS market during CY 2019 & CY 2020 is USD 76.46 & USD 81.96 million, estimated at USD 87.86 million in CY 2021 and is projected to reach at USD 116.04 million by CY 2025, registering a CAGR of 5.96 % from CY 2021 to CY 2025. The growth of the CCS market is primarily triggered by the increasing demand for processed food and growing production of pharmaceutical and cosmetic & personal care products. Sigachi is a Manufacturer, Exporter and Supplier of Micro Crystalline Cellulose, Filter Aid Cellulose, etc. The Company manufactures high-quality cellulose-based excipients predominantly for the pharmaceutical, supplement and food industries. Sigachi Industries Limited is one of the leading manufacturers of MCC in India.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of upto 76,95,000 equity shares of face value Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 163 per equity share (including a securities premium of Rs. 153 per equity share) (The "Issue Price"), aggregating upto Rs. 125.43 crores ("Issue"). The issue constitutes 25.03% of the fully diluted post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price and the anchor investor allocation price is 16.30 times the value of the equity shares. Bids cans be made for a minimum of 90 equity and in multiple of 90 shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Sigachi Industries Limited was incorporated as `Sigachi Chloro-Chemicals Private Limited' on January 11, 1989 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Andhra Pradesh. With an intention to diversify its business activities, pursuant to a special resolution of its Shareholders passed in an extra-ordinary general meeting dated March 10, 2012, the name of the Company was changed to `sigachi Industries Private Limited' and a fresh certificate of incorporation dated March 29, 2012 consequent to such name change was issued to the Company by the Registrar of Companies, Andhra Pradesh. Subsequently, pursuant to a special resolution of its Shareholders passed in an extra-ordinary general meeting dated November 21, 2019 our Company was converted from a private limited company to a public limited company and consequently the name of our Company was changed to igachi Industries Limited', and a fresh certificate of incorporation dated December 9, 2019 was issued to the Company by the Registrar of Companies, Telangana at Hyderabad.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.