WebNov 15, 2024 · Sigachi Industries Share Listing Gains on NSE, BSE. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, “Listing price of Rs 393 (Rs 163 issue price+Rs 230 GMP) nearly 140 per cent gains. Recommendation-Expect strong listing gains, book profits if needed." WebNov 13, 2024 · New Delhi: Primary market investors are eagerly awaiting the listing of Sigachi Industries, which is commanding an astronomical premium in the grey market. Analysts say the Hyderabad-based manufacturers of microcrystalline cellulose (MCC) is expected to become another Paras Defence Space Technologies, which was listed at a …
Sigachi Industries IPO: What GMP signals after announcement of …
WebOct 30, 2024 · Sigachi Industries is going to bring its IPO to the market on November 01. You can apply for Sigachi Industries IPO from 01 October 2024 to 03 November 2024. Sigachi Industries is looking to raise ₹125 crore through an IPO. Sigachi IPO Price band is ₹161 - ₹163. Sigachi IPO will be listed on November 15. WebNov 11, 2024 · While the GMP usually falls slightly after share allotment, this has not happened in the case of Sigachi Industries. A GMP of 200 indicates that the shares of the company would list at Rs 363 at the upper price band. The price band for the public issue was fixed at Rs 161-163 per equity share. However, investors should note that GMP is just … simplee charming
Sigachi Industries IPO: Here’s what GMP indicates after ... - India …
WebNov 1, 2024 · The Sigachi Industries shares were fetching a grey market premium of Rs 150 on Monday, November 1. Sigachi Industries shares were trading at Rs 313 apiece in the grey market, around 92 per cent up over the higher end of the issue price on Monday. The high GMP indicated strong listing for Sigachi Industries shares on NSE and BSE later this month. WebNov 17, 2024 · Sigachi Industries IPO grey market premium stood at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder ... WebGrey Market is an unofficial market for the Pre IPO. GMP is premium per share. Kostak is premium per application. Sub 2 is premium for the allotted application. As GMP is unofficial, thus there are no regulatory (No Rules and Regulations). All transaction for GMP is done in cash. No written communication for Grey Market, small slips of paper is ... simplee blue shower head