IPO Alert: Sapphire Foods India Ltd.
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||Tuesday, 09-Nov-21|
|Bid/Offer Closes On||Thursday, 11-Nov-21|
|Price Band||Rs. 1120 - Rs. 1180 per equity share|
|Lot Size||12 Shares|
The below table has important dates with respect to the IPO allotment and listing.
|Finalization of Basis of Allotment||16-Nov-21|
|Initiation of Refunds||17-Nov-21|
|Credit of Shares to Demat Acct||18-Nov-21|
|IPO Shares Listing Date||22-Nov-21|
|UPI mandate expiry date||23-Nov-21|
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.