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MarketCircularsDaily Updates
October 29, 2021
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IPO Alert: Sigachi Industries Limited

Incorporated in 1989, the company is engaged in manufacturing of Microcrystalline Cellulose (MCC) which is widely used as an excipient for finished dosages in the pharmaceutical industry.  Sigachi Industries has received various quality certifications and operates 3 manufacturing units in India.

Bid/Offer Opens On Monday 01-Nov-21
Bid/Offer Closes On Wednesday, 03-Nov-21
Price Band Rs. 161 - Rs. 163 per equity share
Lot Size 90 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment 10-Nov-21
Initiation of Refunds 11-Nov-21
Credit of Shares to Demat Acct 12-Nov-21
IPO Shares Listing Date 15-Nov-21
UPI mandate expiry date 16-Nov-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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