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 OnMonday 01-Nov-21
Bid/Offer Closes OnWednesday, 03-Nov-21
Price BandRs. 161 - Rs. 163 per equity share
Lot Size90 Shares

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

Finalization of Basis of Allotment10-Nov-21
Initiation of Refunds11-Nov-21
Credit of Shares to Demat Acct12-Nov-21
IPO Shares Listing Date15-Nov-21
UPI mandate expiry date16-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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