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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Sihora 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
₹66
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,32,000
Issue Size
₹10.56 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
0%
QIB Quota
0%
NII Quota
0%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
69.89%
Issue Type
Fixed Price - SME
ISIN
INE0SFA01011
Our Company, Sihora Industries Limited, was incorporated on August 10, 2023, as a private limited company and was converted into a public limited company on July 17, 2024. Our Company was founded by Mr. Gautam Vallabhbhai Sihora and Mrs. Priyal Gautamkumar Sihora to take over the business of `Sihora Narrow Fabrics'. Based in Surat, Gujarat, our Company is engaged in the manufacturing and sale of narrow woven fabrics and industrial textiles such as laces, tapes, elastics, zippers and ribbons. Our manufacturing unit operates on promoter-owned infrastructure and is equipped with modern machinery, with further automation planned through the Issue proceeds.
India's textile industry is one of the oldest and most diverse sectors, ranging from hand-woven crafts to advanced mills. Its strength lies in a robust base of natural and synthetic fibres. The decentralised power loom, hosiery, and knitting segments form a major share of the industry. India is the world's 3rd largest exporter of textiles and apparel, with exports expected to reach US$ 100 billion. The sector contributes 2.3% to GDP and 12% to exports. By 2030, the domestic market is projected to reach US$ 350 billion, while the global market is set to grow significantly across categories.
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 issue of 16,00,000 equity shares of face value of Rs.10/- each of Sihora Industries Limited ("SIL") or the "company" or the "issuer") for cash at a price of Rs. 66/- per equity share including a share premium of Rs. 56/- per equity share (the "Issue Price") aggregating to Rs. 10.56 Crore ("the Issue"), of which 80,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 66/- per equity share including a share premium of Rs. 56/- per equity share aggregating to Rs. 0.53 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 15,20,000 equity shares of face value of Rs. 10/- each at a price of Rs. 66/- per equity share including a share premium of Rs. 56/- per equity share aggregating to Rs. 10.03 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 30.03% and 28.53% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 66/- for equity share of face value of Rs. 10 each. The floor price is 6.6 times times the face value of the face value of the equity shares. Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated as a private limited company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated August 10, 2023, issued by Registrar of Companies, Central Registration Centre. Thereafter, our Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company dated June 12, 2024 and consequently, the name of our Company was changed from "Sihora Industries Private Limited" to "Sihora Industries Limited" and a fresh certificate of incorporation dated July 17, 2024 was issued to our Company by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U13999GJ2023PLC143747.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.