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Sigachi Industries Limited IPO Message Board (Page 1)

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363. B.K. Singhania |   Link |  Bookmark | December 10, 2021 12:34:25 PM
spark of this share is over wait for quarterly reasults now....
362. Irs |   Link |  Bookmark | November 29, 2021 4:42:24 PM
Is circuit limit is change from tomorrow???
361. Kuppusamy |   Link |  Bookmark | November 25, 2021 3:17:13 PM
Ipo open period can be reduced to 2 days Minimum amount to 25000
360. krupa |   Link |  Bookmark | November 25, 2021 9:45:36 AM (800+ Posts, 500+ Likes)
Sigachi ke operator ne uc me kal mal de diya
Fully operator drive company
359. All Time High |   Link |  Bookmark | November 24, 2021 11:14:36 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
No interest seen for buying, though in green!
359.1. mvsmr |   Link |  Bookmark | November 24, 2021 11:57:08 AM
It is at UC now.
358. Irs |   Link |  Bookmark | November 23, 2021 9:41:33 PM
Guys I read some where that results is on 25 November. Is it right
358.1. Vinay Agravat |   Link |  Bookmark | November 23, 2021 9:55:51 PM
@Irs where you read please explain any sources or websites name thanks
357. ipogroup |   Link |  Bookmark | November 23, 2021 5:22:42 PM
is it good for long term?
356. ipogroup |   Link |  Bookmark | November 23, 2021 5:21:00 PM
can i keep it for long term.?
355. milgayasigachire |   Link |  Bookmark | November 23, 2021 12:20:40 PM
My guess for Sigachi -> Its GMP indicated price of 400. It opened on 570. So I am assuming now based on its behavior, that 400 to 630 was fraud pricing.

Expecting lower circuit to open in 400 zone. Then there will be upper circuits.

But the trick is that in 2-3 upper circuits, I will sell and exit at around 450-500. Because again it may hit lower circuits.
355.1. Cautious ipo |   Link |  Bookmark | November 23, 2021 5:10:52 PM
IPO Guru IPO Guru (2100+ Posts, 1200+ Likes)
It was Not fraud pricing...sigachi benefited by prevailing latent gmp hypes of during ipo, which was expected listing at over 600 as gmp was upto 400 till or before paytm listing...you may say sigachi did latent listing and latent did what sigachi would have expected to do.had sigachi listed today then it could have been at near 350... IMO
354. manojIPO |   Link |  Bookmark | November 22, 2021 10:52:12 PM (300+ Posts)
Should be back to UC within 2-3 days :-) fingers crossed let''s see
353. Allan |   Link |  Bookmark | November 22, 2021 11:09:08 AM (200+ Posts)
All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy.

my million dollar Q , is this a good buy now or wait for further fall ? Ive been allotted one lot in IPO and want to add some more further as i like the business its into
353.1. ipobull |   Link |  Bookmark | November 22, 2021 2:35:27 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits.
353.2. Allan |   Link |  Bookmark | November 22, 2021 2:40:21 PM (200+ Posts)
Thanks will observe it..... Promoters have picked up 10k shares at 600 levels so they seem to believe there is a bounce back soon
352. Irs |   Link |  Bookmark | November 22, 2021 8:28:40 AM
Promoter bought 10000 share @ 604 .
352.2. Allan |   Link |  Bookmark | November 22, 2021 1:00:53 PM (200+ Posts)
Yes i figured it out...ur rt
352.3. NeoLongus |   Link |  Bookmark | November 22, 2021 1:34:02 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
https://trendlyne.com/equity/insider-trading-sast/custom/?query=S.%20Sarveswar%20Reddy

https://trendlyne.com/equity/insider-trading-sast/custom/?query=S.%20Navya%20Reddy

10K shares bought at 603 by 2 directors on the same day...interesting...at 45-50x forward PE.
351. LV |   Link |  Bookmark | November 15, 2021 4:43:42 PM
Hi @lokes,
Need your suggestion please. Was luck so far in any IPO applying in retail category, tried to buy Sigachi in pre-open session as bids were showing 490+, but no luck as buy the time i make changes to my order it had reached UC 598. Now, can i try to buy this share tomorrow or wait and apply for Latentview in pre-open for short term i.e, for a month or so. I welcome other''s suggestion too if anybody could. Thank you
351.3. LV |   Link |  Bookmark | November 18, 2021 8:54:37 PM
@lokes, thank you so much for your suggestion, your view was right. Now Sigachi is going in LC, I did not buy when it was 600+. Sad part, Latent was not allotted 0/1 in retail. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. I had no hopes either so was not that disappointed. Thanks for your suggestion once again @lokes.
351.4. IPO Mitr |   Link |  Bookmark | November 19, 2021 11:28:48 AM
At least for next few trading days, the only way to transact in Sigachi shares will be

SELL at UC & BUY at LC.

which is exactly opposite to the way human greed and fear works

Each one us need to take our own call based on this reality. All the best.

350. RONNE LEWIS |   Link |  Bookmark | November 22, 2021 10:32:47 AM
Sigachi below listing price now.How long the lc will continue?Will it go near the upper bid price of ipo?Thought it will be like paras but do not think that will happen now.What should be the strategy if Latent is not allotted,pre market buying on listing day or wait a bit?
349. Adp |   Link |  Bookmark | November 22, 2021 10:16:11 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Sell sell only sell
348. Krishnaji |   Link |  Bookmark | November 21, 2021 12:29:24 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
After a record breaking ipo debut, Found an interesting and worth reading Finshots article on What is Sigachi Industries and what does it do- https://finshots.in/markets/sigachi-industries-record-breaking-ipo-pop/
Hope it helps understanding the company more for the long term player-

Thanks!
347. Cautious ipo |   Link |  Bookmark | November 18, 2021 9:25:26 AM
IPO Guru IPO Guru (2100+ Posts, 1200+ Likes)
10 lakh sellers...volume dropped
347.4. ROCKYBHAI |   Link |  Bookmark | November 18, 2021 4:08:21 PM
Don''t worry you are not the only one. Selling at 9 am is also a lottery now, I also placed my sell order at 9 am but not even 1 share got sold :(

Lets keep trying selling everyday until it reaches the IPO price of 163 and some QIB buys it again.

All the Best
347.5. snipperRaj |   Link |  Bookmark | November 18, 2021 6:12:50 PM (300+ Posts, 200+ Likes)
I think it will turn around at 500 level and shudnt go below than that. Its very less stock float. Many would like to buy at 450-500 levels..
Below 400 it appears 200% impossible to me..
346. krupa |   Link |  Bookmark | November 18, 2021 10:18:21 AM (800+ Posts, 500+ Likes)
Settle @ 380-400 rs after sometime
346.1. ROCKYBHAI |   Link |  Bookmark | November 18, 2021 11:15:38 AM
It can go anywhere now, looking at the selling pressure seems more LC, until someone is willing to buy 12 lac shares to break the Lower Circuit and turn into a Upper Circuit
345. MarketLearner |   Link |  Bookmark | November 16, 2021 6:41:25 PM
Dear members and HNIs,
I bought few shares in pre-open in Sigachi. Can you please suggest whether I should sell tomorrow or wait? Will it continue like Paras? Isn''t Sigachi already overvalued yet?
345.7. lokes |   Link |  Bookmark | November 18, 2021 11:02:25 AM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@arif: you can place your sell order but its already too late, it wont be executed for today, you should have placed at 9am exactly or even before as AMO.
if your view was for short term then it was better to book loss and get out else you may need to stuck here for long time to get your price back....some months at least...it was already risky actually to buy at such huge price.
market is also not supporting now.
345.8. arif |   Link |  Bookmark | November 18, 2021 11:15:08 AM
@ Lokes

Thank you for your reply. My first mistake and I have learnt from it. Should not have bought it in first place @598.5 since I couldn''t place pre-order on time @570.
344. ipobull |   Link |  Bookmark | November 17, 2021 11:22:20 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
A price below 400 looks reasonable for Sigachi