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SIGACHI INDUSTRIES LIMITED |
Sigachi Industries Limited was originally incorporated as 'Sigachi Chloro-Chemicals Private Limited' on January 11, 1989 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Andhra Pradesh. With an intention to diversify our business activities, pursuant to a special resolution of our Shareholders passed in an extra-ordinary general meeting dated March 10, 2012, the name of our Company was changed to 'Sigachi Industries Private Limited' and a fresh certificate of incorporation dated March 29, 2012 consequent to such name change was issued to our Company by the Registrar of Companies, Andhra Pradesh. Subsequently, pursuant to a special resolution of our Shareholders passed in an extra-ordinary general meeting dated November 21, 2019 our Company was converted from a private limited company to a public limited company and consequently the name of our Company was changed to 'Sigachi Industries Limited', and a fresh certificate of incorporation dated December 9, 2019 was issued to our Company by the Registrar of Companies, Telangana at Hyderabad. For details of change in the name of our Company and Registered Office of our Company, see "History and Certain Corporate Matters" on page 189 of the Prospectus.
Registered Office: 229/1 & 90, Kalyan's Tulsiram Chambers, Madinaguda, Hyderabad- 500 049, Telangana, India. |
Contact Person: Ms. Shreya Mitra, Company Secretary and Compliance Officer; Telephone: +91 040 4011 4874/75/76; |
E-mail: cs@sigachi.com; Website: www.sigachi.com Corporate Identity Number: U24110TG1989PLC009497 |
OUR PROMOTERS: RABINDRA PRASAD SIN HA, CHIDAMBARNATHAN SHANMUQANATHAN, AMIT RAJ SINHA AND RPS PROJECTS & DEVELOPERS PRIVATE LIMITED |
Our Company has filed the Prospectus dated November 08, 2021 with the Registrar of Companies, Telangana at Hyderabad. The Equity Shares are proposed to be listed on the National Stock Exchange of India Limited ("NSE") and the BSE Limited ("BSE") and the trading will commence on or about November 15, 2021.
BASIS OF ALLOTMENT |
PUBLIC ISSUE OF 76,95,000 EQUITY SHARES OF FACE VALUE OF RS.10/- EACH OF SIGACHI INDUSTRIES LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS.10/- EACH OF SIGACHI INDUSTRIES LIMITED (THE "COMPANY'' OR THE "ISSUER") FOR CASH AT A PRICE OF RS.163/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 153/- PER EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO RS. 12,542.85 LAKHS ("THE ISSUE"). THE ISSUE CONSTITUTES 25.03% OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY
QIB CATEGORY: UPTO 50% OF THE ISSUE |
NON-INSTITUTIONAL INVESTOR CATEGORY: NOT LESS THAN 15% OF THE ISSUE |
RETAIL CATEGORY: NOT LESS THAN 35% OF THE ISSUE |
ISSUE PRICE: Rs.163 PER EQUITY SHARE OF FACE VALUE OF Rs.10 EACH |
THE ISSUE PRICE IS 16.30 TIMES OF THE FACE VALUE OF EQUITY SHARES |
ANCHOR INVESTOR ISSUE PRICE: Rs.163 PER EQUITY SHARE |
Average cost of acquisition per Equity Share by our Promoters, Rabindra Prasad Sinha is Rs. 1.41, Chidambarnathan Shanmuganathan is Rs. 1.00, Amit Raj Sinha is Rs. 3.93 and RPS Projects & Developers Private Limited is Rs. 2.36 and the Issue Price at upper end of the Price Band is Rs. 163 per Equity Share.For details of build-up of Promoters' shareholding in our Company and Risk Factors, please see "Capital Structure" and "Risk Factors" beginning on pages 71 and 31, respectively, of the of the Prospectus.
BID/ISSUE PERIOD |
BID/ISSUE OPENED ON MONDAY, NOVEMBER 01, 2021 |
BID/ISSUE CLOSED ON WEDNESDAY, NOVEMBER 03, 2021 |
ANCHOR INVESTOR BIDDING DATE WAS FRIDAY, OCTOBER 29, 2021 |
The Issue has been made through the Book Building Process, in terms of Rule 19(2)(b)(l) of the Securities Contracts (Regulations) Rules, 1957, as amended (the "SCRR") the Issue was for atleast 25% of the post-issue paid-up Equity Share capital of our Company. The Issue is being made through the Book Building Process, in compliance with Regulation 6(1) of the Securities and Exchange Board of India (Issue Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBIICDR Regulations") wherein upto 15% of the Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs", and such portion, the "QIB Portion''), provided that our Company in consultation with the BRLM, may allocate up to 60% of the QIB Portion to Anchor Investors, on a discretionary basis (the "Anchor Investor Portion"), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which Equity Shares are allocated to Anchor Investors. Further, 5% of the QIB Portion (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all QIBs (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not less than 15% of the Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Issue shall be available for allocation to Rlls in accordance with SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price sue Price. All Bidders, shall only participate in the Issue through the Application Supported by Block Amount ("ASBA") process by providing details of their respective bank account (including UPI ID for RIIs using UPI Mechanism) wherein the Bid Amounts will be blocked by SCSBs or under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors were not permitted to participate in the Anchor Investor Portion through the ASBA process. For details, please refer to "Issue Procedure" beginning on page 331 of the Prospectus.
THE ISSUE RECEIVED 18,27,568 APPLICATIONS FOR 50,82,94,890 EQUITY SHARES (PRIOR TO TECHNICAL REJECTIONS) BUT AFTER REMOVING THE MULTIPLE BIDS, DUPLICATE BIDS AND BIDS NOT BANKED/BLOCKED) RESULTING IN 66.06 TIMES SUBSCRIPTION. THE DETAILS OF THE APPLICATIONS RECEIVED IN THE ISSUE OFFER FROM VARIOUS CATEGORIES ARE AS UNDER (BEFORE TECHNICAL REJECTIONS):
Sr.No. | Category | Number of Applications Received | Number of Shares Bid for | Equity shares reserved as per Prospectus | No. of times subscribed | Amount(Rs.) |
1 | Retail Individual Bidders | 1822342 | 192503070 | 2693250 | 71.48 | 31369972137 |
2 | Non-Institutional Investors | 5176 | 190579050 | 1154250 | 165.11 | 31064017050 |
3 | Qualified Institutional Bidders (excluding Anchor Investors) | 48 | 122904270 | 1539000 | 79.86 | 20033396010 |
Total (A) | 1827566 | 505986390 | 5386500 | 93.94 | 82467385197 | |
4 | Anchor Investors | 2 | 2308500 | 2308500 | 1.00 | 376285500 |
Total (B) | 2 | 2308500 | 2308500 | 1.00 | 376285500 | |
Grand Total (A+B) | 1827568 | 508294890 | 7695000 | 66.06 | 82843670697 |
Final Demand
A summary of the final demand as per BSE and NSE as on the Bid/Offer Closing Date at different Bid prices is as under:
SR NO. | PRICE | NO. OF APPLICATIONS | SUM QUANTITY | CUMULATIVE SHARE | PERCENTAGE |
1 | 161.00 | 4893 | 730710 | 548954820 | 0.1331 |
2 | 162.00 | 1451 | 265230 | 548224110 | 0.0483 |
3 | 163.00 | 492836 | 381955680 | 547958880 | 69.5787 |
4 | CUT OFF | 1573494 | 166003200 | 166003200 | 30.2399 |
TOTAL | 2072674 | 548954820 | 100.0000 |
The Basis of Allotment (except Anchor Investors) was finalized in consultation with the Designated Stock Exchange, being BSE, on November 10, 2021.
A. Allotment to Retail Individual Bidders (after Technical Rejections)
The Basis of Allotment to the Retail Individual Bidders, who have bid at the Cut-Off Price or at the Issue Price of Rs 163 per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent of 68.94 times. The total number of Equity Shares Allotted in Retail Portion is 26,93,250 Equity Shares to 29,925 successful Retail Individual Bidders. The category-wise details of the Basis of Allotment are as under:
No. of Shares applied for (Category wise) | No. of Applications Received | % to Total | Total No. of Equity Shares Applied in each Category | % of Total | No. of Equity Shares allocated per Bidder (after rounding off) | Ratio | Total No. of Equity Shares allotted | |
90 | 1654188 | 93.99 | 148876920 | 80.18 | 90 | 1 | 59 | 2531340 |
180 | 58884 | 3.35 | 10599120 | 5.71 | 90 | 1 | 59 | 90090 |
270 | 16568 | 0.94 | 4473360 | 2.41 | 90 | 1 | 59 | 25380 |
360 | 6934 | 0.39 | 2496240 | 1.34 | 90 | 1 | 59 | 10620 |
450 | 5585 | 0.32 | 2513250 | 1.35 | 90 | 1 | 59 | 8550 |
540 | 2624 | 0.15 | 1416960 | 0.76 | 90 | 1 | 58 | 4050 |
630 | 2505 | 0.14 | 1578150 | 0.85 | 90 | 1 | 60 | 3780 |
720 | 777 | 0.04 | 559440 | 0.30 | 90 | 1 | 60 | 1170 |
810 | 449 | 0.03 | 363690 | 0.20 | 90 | 1 | 56 | 720 |
900 | 1914 | 0.11 | 1722600 | 0.93 | 90 | 1 | 60 | 2880 |
990 | 483 | 0.03 | 478170 | 0.26 | 90 | 1 | 60 | 720 |
990 | 483 | 0.03 | 478170 | 0.26 | 90 | 1 | 60 | 720 |
1080 | 566 | 0.03 | 611280 | 0.33 | 90 | 1 | 57 | 900 |
1170 | 8530 | 0.48 | 9980100 | 5.38 | 90 | 13050 | ||
GRAND TOTAL | 1760007 | 100.00 | 185669280 | 100.00 | 2693250 |
B. Allotment to Non-Institutional Bidders (after Technical Rejections)
The Basis of Allotment to the Non-Institutional Bidders, who have bid at the Issue Price of Rs. 163 per Equity Share or above, was finalized in consultation with BSE. The Non-Institutional Portion has been subscribed to the extent of 163.23 times. The total number of Equity Shares Allotted in this category is 11,54,250 Equity Shares to 2059 successful Non- Institutional Bidders. The category-wise details of the Basis of Allotment are as under:
No. of Shares applied for (Category wise) | No. of Applications Received | % to Total | Total No. of Equity Shares Applied in each Category | % of Total | No. of Equity Shares allocated per Bidder (after rounding off) | Ratio | Total No. of Equity Shares allotted | |
1260 | 1267 | 25.37 | 1596420 | 0.85 | 90 | 8 | 93 | 9810 |
1350 | 311 | 6.23 | 419850 | 0.22 | 90 | 29 | 311 | 2610 |
1440 | 64 | 1.28 | 92160 | 0.05 | 90 | 3 | 32 | 540 |
1530 | 64 | 1.28 | 97920 | 0.05 | 90 | 7 | 64 | 630 |
1620 | 41 | 0.82 | 66420 | 0.04 | 90 | 5 | 41 | 450 |
1710 | 15 | 0.30 | 25650 | 0.01 | 90 | 2 | 15 | 180 |
1800 | 185 | 3.70 | 333000 | 0.18 | 90 | 23 | 185 | 2070 |
1890 | 57 | 1.14 | 107730 | 0.06 | 90 | 7 | 57 | 630 |
1980 | 25 | 0.50 | 49500 | 0.03 | 90 | 3 | 25 | 270 |
2070 | 30 | 0.60 | 62100 | 0.03 | 90 | 2 | 15 | 360 |
2160 | 14 | 0.28 | 30240 | 0.02 | 90 | 1 | 7 | 180 |
2160 | 14 | 0.28 | 30240 | 0.02 | 90 | 1 | 7 | 180 |
2250 | 45 | 0.90 | 101250 | 0.05 | 90 | 7 | 45 | 630 |
2340 | 29 | 0.58 | 67860 | 0.04 | 90 | 5 | 29 | 450 |
2430 | 38 | 0.76 | 92340 | 0.05 | 90 | 3 | 19 | 540 |
2520 | 50 | 1.00 | 126000 | 0.07 | 90 | 9 | 50 | 810 |
2610 | 12 | 0.24 | 31320 | 0.02 | 90 | 1 | 6 | 180 |
2700 | 104 | 2.08 | 280800 | 0.15 | 90 | 19 | 104 | 1710 |
2790 | 18 | 0.36 | 50220 | 0.03 | 90 | 1 | 6 | 270 |
2880 | 3 | 0.06 | 8640 | 0.00 | 90 | 1 | 3 | 90 |
2970 | 25 | 0.50 | 74250 | 0.04 | 90 | 1 | 5 | 450 |
3060 | 101 | 2.02 | 309060 | 0.16 | 90 | 21 | 101 | 1890 |
3150 | 63 | 1.26 | 198450 | 0.11 | 90 | 2 | 9 | 1260 |
3240 | 12 | 0.24 | 38880 | 0.02 | 90 | 1 | 4 | 270 |
3330 | 9 | 0.18 | 29970 | 0.02 | 90 | 2 | 9 | 180 |
3420 | 7 | 0.14 | 23940 | 0.01 | 90 | 2 | 7 | 180 |
3510 | 20 | 0.40 | 70200 | 0.04 | 90 | 1 | 4 | 450 |
3600 | 79 | 1.58 | 284400 | 0.15 | 90 | 19 | 79 | 1710 |
3690 | 24 | 0.48 | 88560 | 0.05 | 90 | 1 | 4 | 540 |
3780 | 14 | 0.28 | 52920 | 0.03 | 90 | 2 | 7 | 360 |
3870 | 9 | 0.18 | 34830 | 0.02 | 90 | 2 | 9 | 180 |
3960 | 6 | 0.12 | 23760 | 0.01 | 90 | 1 | 3 | 180 |
4050 | 14 | 0.28 | 56700 | 0.03 | 90 | 2 | 7 | 360 |
4140 | 2 | 0.04 | 8280 | 0.00 | 90 | 1 | 2 | 90 |
4230 | 13 | 0.26 | 54990 | 0.03 | 90 | 4 | 13 | 360 |
4320 | 17 | 0.34 | 73440 | 0.04 | 90 | 5 | 17 | 450 |
4410 | 5 | 0.10 | 22050 | 0.01 | 90 | 1 | 5 | 90 |
4500 | 68 | 1.36 | 306000 | 0.16 | 90 | 21 | 68 | 1890 |
4590 | 15 | 0.30 | 68850 | 0.04 | 90 | 1 | 3 | 450 |
4680 | 9 | 0.18 | 42120 | 0.02 | 90 | 1 | 3 | 270 |
4770 | 2 | 0.04 | 9540 | 0.01 | 90 | 1 | 2 | 90 |
4860 | 23 | 0.46 | 111780 | 0.06 | 90 | 8 | 23 | 720 |
4950 | 20 | 0.40 | 99000 | 0.05 | 90 | 7 | 20 | 630 |
5040 | 16 | 0.32 | 80640 | 0.04 | 90 | 5 | 16 | 450 |
5130 | 3 | 0.06 | 15390 | 0.01 | 90 | 1 | 3 | 90 |
5220 | 7 | 0.14 | 36540 | 0.02 | 90 | 2 | 7 | 180 |
5310 | 5 | 0.10 | 26550 | 0.01 | 90 | 2 | 5 | 180 |
5400 | 32 | 0.64 | 172800 | 0.09 | 90 | 3 | 8 | 1080 |
5490 | 13 | 0.26 | 71370 | 0.04 | 90 | 5 | 13 | 450 |
5580 | 6 | 0.12 | 33480 | 0.02 | 90 | 1 | 3 | 180 |
5670 | 8 | 0.16 | 45360 | 0.02 | 90 | 3 | 8 | 270 |
5760 | 3 | 0.06 | 17280 | 0.01 | 90 | 1 | 3 | 90 |
5850 | 14 | 0.28 | 81900 | 0.04 | 90 | 3 | 7 | 540 |
5940 | 8 | 0.16 | 47520 | 0.03 | 90 | 3 | 8 | 270 |
6030 | 11 | 0.22 | 66330 | 0.04 | 90 | 5 | 11 | 450 |
6120 | 101 | 2.02 | 618120 | 0.33 | 90 | 42 | 101 | 3780 |
6210 | 32 | 0.64 | 198720 | 0.11 | 90 | 7 | 16 | 1260 |
6300 | 54 | 1.08 | 340200 | 0.18 | 90 | 23 | 54 | 2070 |
6390 | 6 | 0.12 | 38340 | 0.02 | 90 | 1 | 2 | 270 |
6480 | 8 | 0.16 | 51840 | 0.03 | 90 | 1 | 2 | 360 |
6570 | 2 | 0.04 | 13140 | 0.01 | 90 | 1 | 2 | 90 |
6660 | 9 | 0.18 | 59940 | 0.03 | 90 | 4 | 9 | 360 |
6750 | 27 | 0.54 | 182250 | 0.10 | 90 | 4 | 9 | 1080 |
No. of Shares applied for (Category wise) | No. of Applications Received | % to Total | Total No. of Equity Shares Applied in each Category | % of Total | No. of Equity Shares allocated per Bidder (after rounding off) | Ratio | Total No. of Equity Shares allotted | |
6840 | 1 | 0.02 | 6840 | 0.00 | 90 | 1 | 1 | 0 |
6930 | 4 | 0.08 | 27720 | 0.01 | 90 | 1 | 2 | 180 |
7020 | 7 | 0.14 | 49140 | 0.03 | 90 | 3 | 7 | 270 |
7110 | 3 | 0.06 | 21330 | 0.01 | 90 | 1 | 3 | 90 |
7200 | 19 | 0.38 | 136800 | 0.07 | 90 | 9 | 19 | 810 |
7290 | 18 | 0.36 | 131220 | 0.07 | 90 | 1 | 2 | 810 |
7380 | 7 | 0.14 | 51660 | 0.03 | 90 | 4 | 7 | 360 |
7470 | 3 | 0.06 | 22410 | 0.01 | 90 | 2 | 3 | 180 |
7560 | 7 | 0.14 | 52920 | 0.03 | 90 | 4 | 7 | 360 |
7650 | 11 | 0.22 | 84150 | 0.04 | 90 | 6 | 11 | 540 |
7920 | 8 | 0.16 | 63360 | 0.03 | 90 | 1 | 2 | 360 |
8010 | 3 | 0.06 | 24030 | 0.01 | 90 | 2 | 3 | 180 |
8100 | 17 | 0.34 | 137700 | 0.07 | 90 | 9 | 17 | 810 |
8190 | 2 | 0.04 | 16380 | 0.01 | 90 | 1 | 2 | 90 |
8280 | 3 | 0.06 | 24840 | 0.01 | 90 | 2 | 3 | 180 |
8370 | 1 | 0.02 | 8370 | 0.00 | 90 | 1 | 1 | 90 |
8460 | 2 | 0.04 | 16920 | 0.01 | 90 | 1 | 2 | 90 |
8550 | 5 | 0.10 | 42750 | 0.02 | 90 | 3 | 5 | 270 |
8640 | 2 | 0.04 | 17280 | 0.01 | 90 | 1 | 2 | 90 |
8730 | 3 | 0.06 | 26190 | 0.01 | 90 | 2 | 3 | 180 |
8820 | 4 | 0.08 | 35280 | 0.02 | 90 | 1 | 2 | 180 |
8910 | 2 | 0.04 | 17820 | 0.01 | 90 | 1 | 2 | 90 |
9000 | 93 | 1.86 | 837000 | 0.44 | 90 | 19 | 31 | 5130 |
9090 | 11 | 0.22 | 99990 | 0.05 | 90 | 7 | 11 | 630 |
9180 | 32 | 0.64 | 293760 | 0.16 | 90 | 5 | 8 | 1800 |
9270 | 15 | 0.30 | 139050 | 0.07 | 90 | 3 | 5 | 810 |
9360 | 4 | 0.08 | 37440 | 0.02 | 90 | 3 | 4 | 270 |
9450 | 6 | 0.12 | 56700 | 0.03 | 90 | 2 | 3 | 360 |
9540 | 3 | 0.06 | 28620 | 0.02 | 90 | 2 | 3 | 180 |
9630 | 4 | 0.08 | 38520 | 0.02 | 90 | 3 | 4 | 270 |
9720 | 5 | 0.10 | 48600 | 0.03 | 90 | 3 | 5 | 270 |
9810 | 8 | 0.16 | 78480 | 0.04 | 90 | 5 | 8 | 450 |
9900 | 18 | 0.36 | 178200 | 0.09 | 90 | 2 | 3 | 1080 |
9990 | 8 | 0.16 | 79920 | 0.04 | 90 | 5 | 8 | 450 |
10080 | 4 | 0.08 | 40320 | 0.02 | 90 | 3 | 4 | 270 |
10170 | 3 | 0.06 | 30510 | 0.02 | 90 | 2 | 3 | 180 |
10260 | 3 | 0.06 | 30780 | 0.02 | 90 | 2 | 3 | 180 |
10350 | 5 | 0.10 | 51750 | 0.03 | 90 | 4 | 5 | 360 |
10440 | 2 | 0.04 | 20880 | 0.01 | 90 | 1 | 2 | 90 |
10530 | 6 | 0.12 | 63180 | 0.03 | 90 | 2 | 3 | 360 |
10620 | 2 | 0.04 | 21240 | 0.01 | 90 | 1 | 2 | 90 |
10710 | 5 | 0.10 | 53550 | 0.03 | 90 | 4 | 5 | 360 |
10800 | 15 | 0.30 | 162000 | 0.09 | 90 | 11 | 15 | 990 |
10890 | 2 | 0.04 | 21780 | 0.01 | 90 | 1 | 2 | 90 |
10980 | 7 | 0.14 | 76860 | 0.04 | 90 | 5 | 7 | 450 |
11070 | 3 | 0.06 | 33210 | 0.02 | 90 | 2 | 3 | 180 |
11160 | 4 | 0.08 | 44640 | 0.02 | 90 | 3 | 4 | 270 |
11250 | 9 | 0.18 | 101250 | 0.05 | 90 | 7 | 9 | 630 |
11340 | 3 | 0.06 | 34020 | 0.02 | 90 | 2 | 3 | 180 |
11430 | 2 | 0.04 | 22860 | 0.01 | 90 | 1 | 1 | 180 |
11520 | 3 | 0.06 | 34560 | 0.02 | 90 | 2 | 3 | 180 |
11610 | 3 | 0.06 | 34830 | 0.02 | 90 | 2 | 3 | 180 |
11700 | 14 | 0.28 | 163800 | 0.09 | 90 | 11 | 14 | 990 |
11790 | 7 | 0.14 | 82530 | 0.04 | 90 | 6 | 7 | 540 |
11880 | 1 | 0.02 | 11880 | 0.01 | 90 | 1 | 1 | 90 |
11970 | 7 | 0.14 | 83790 | 0.04 | 90 | 6 | 7 | 540 |
12060 | 1 | 0.02 | 12060 | 0.01 | 90 | 1 | 1 | 90 |
12150 | 9 | 0.18 | 109350 | 0.06 | 90 | 7 | 9 | 630 |
12240 | 24 | 0.48 | 293760 | 0.16 | 90 | 5 | 6 | 1800 |
12330 | 11 | 0.22 | 135630 | 0.07 | 90 | 9 | 11 | 810 |
12420 | 4 | 0.08 | 49680 | 0.03 | 90 | 3 | 4 | 270 |
12510 | 4 | 0.08 | 50040 | 0.03 | 90 | 3 | 4 | 270 |
12600 | 16 | 0.32 | 201600 | 0.11 | 90 | 7 | 8 | 1260 |
12690 | 1 | 0.02 | 12690 | 0.01 | 90 | 1 | 1 | 90 |
12870 | 6 | 0.12 | 77220 | 0.04 | 90 | 5 | 6 | 450 |
12960 | 5 | 0.10 | 64800 | 0.03 | 90 | 4 | 5 | 360 |
13050 | 5 | 0.10 | 65250 | 0.03 | 90 | 4 | 5 | 360 |
13140 | 1 | 0.02 | 13140 | 0.01 | 90 | 1 | 1 | 90 |
13230 | 1 | 0.02 | 13230 | 0.01 | 90 | 1 | 1 | 90 |
13320 | 2 | 0.04 | 26640 | 0.01 | 90 | 1 | 1 | 180 |
13410 | 3 | 0.06 | 40230 | 0.02 | 90 | 1 | 1 | 270 |
13500 | 44 | 0.88 | 594000 | 0.32 | 90 | 10 | 11 | 3600 |
13590 | 1 | 0.02 | 13590 | 0.01 | 90 | 1 | 1 | 90 |
13680 | 1 | 0.02 | 13680 | 0.01 | 90 | 1 | 1 | 90 |
13860 | 1 | 0.02 | 13860 | 0.01 | 90 | 1 | 1 | 90 |
13950 | 5 | 0.10 | 69750 | 0.04 | 90 | 1 | 1 | 450 |
14040 | 3 | 0.06 | 42120 | 0.02 | 90 | 1 | 1 | 270 |
14130 | 3 | 0.06 | 42390 | 0.02 | 90 | 1 | 1 | 270 |
14310 | 1 | 0.02 | 14310 | 0.01 | 90 | 1 | 1 | 90 |
14400 | 4 | 0.08 | 57600 | 0.03 | 90 | 1 | 1 | 360 |
14490 | 2 | 0.04 | 28980 | 0.02 | 90 | 1 | 1 | 180 |
14580 | 1 | 0.02 | 14580 | 0.01 | 90 | 1 | 1 | 90 |
14670 | 3 | 0.06 | 44010 | 0.02 | 90 | 1 | 1 | 270 |
14850 | 1 | 0.02 | 14850 | 0.01 | 91 | 1 | 1 | 91 |
14940 | 1 | 0.02 | 14940 | 0.01 | 91 | 1 | 1 | 91 |
15030 | 1 | 0.02 | 15030 | 0.01 | 92 | 1 | 1 | 92 |
15120 | 1 | 0.02 | 15120 | 0.01 | 92 | 1 | 1 | 92 |
15210 | 1 | 0.02 | 15210 | 0.01 | 93 | 1 | 1 | 93 |
15300 | 45 | 0.90 | 688500 | 0.37 | 94 | 1 | 1 | 4230 |
15390 | 8 | 0.16 | 123120 | 0.07 | 94 | 1 | 1 | 752 |
15480 | 3 | 0.06 | 46440 | 0.02 | 95 | 1 | 1 | 285 |
15570 | 1 | 0.02 | 15570 | 0.01 | 95 | 1 | 1 | 95 |
15660 | 3 | 0.06 | 46980 | 0.02 | 96 | 1 | 1 | 288 |
15750 | 6 | 0.12 | 94500 | 0.05 | 96 | 1 | 1 | 576 |
15930 | 3 | 0.06 | 47790 | 0.03 | 97 | 1 | 1 | 291 |
16020 | 1 | 0.02 | 16020 | 0.01 | 98 | 1 | 1 | 98 |
16110 | 2 | 0.04 | 32220 | 0.02 | 98 | 1 | 1 | 196 |
16200 | 14 | 0.28 | 226800 | 0.12 | 99 | 1 | 1 | 1386 |
16290 | 3 | 0.06 | 48870 | 0.03 | 100 | 1 | 1 | 300 |
16380 | 1 | 0.02 | 16380 | 0.01 | 100 | 1 | 1 | 100 |
16470 | 1 | 0.02 | 16470 | 0.01 | 101 | 1 | 1 | 101 |
16560 | 5 | 0.10 | 82800 | 0.04 | 101 | 1 | 1 | 505 |
16650 | 2 | 0.04 | 33300 | 0.02 | 102 | 1 | 1 | 204 |
16740 | 1 | 0.02 | 16740 | 0.01 | 102 | 1 | 1 | 102 |
16830 | 1 | 0.02 | 16830 | 0.01 | 103 | 1 | 1 | 103 |
16920 | 2 | 0.04 | 33840 | 0.02 | 103 | 1 | 1 | 206 |
17010 | 3 | 0.06 | 51030 | 0.03 | 104 | 1 | 1 | 312 |
17100 | 6 | 0.12 | 102600 | 0.05 | 105 | 1 | 1 | 630 |
17190 | 1 | 0.02 | 17190 | 0.01 | 105 | 1 | 1 | 105 |
17280 | 2 | 0.04 | 34560 | 0.02 | 106 | 1 | 1 | 212 |
17370 | 1 | 0.02 | 17370 | 0.01 | 106 | 1 | 1 | 106 |
17550 | 2 | 0.04 | 35100 | 0.02 | 107 | 1 | 1 | 214 |
17640 | 1 | 0.02 | 17640 | 0.01 | 108 | 1 | 1 | 108 |
17730 | 1 | 0.02 | 17730 | 0.01 | 108 | 1 | 1 | 108 |
17820 | 1 | 0.02 | 17820 | 0.01 | 109 | 1 | 1 | 109 |
18000 | 40 | 0.80 | 720000 | 0.38 | 110 | 1 | 1 | 4400 |
18090 | 1 | 0.02 | 18090 | 0.01 | 111 | 1 | 1 | 111 |
18180 | 1 | 0.02 | 18180 | 0.01 | 111 | 1 | 1 | 111 |
No. of Shares applied for (Category wise) | No. of Applications Received | %to Total |
Total No. of Equity Shares Applied in each Category | % of Total | No. of Equity Shares allocated per Bidder (after rounding off) | Ratio | Total No. of Equity Shares allotted | |
303030 | 1 | 0.02 | 303030 | 0.16 | 1856 | 1 | 1 | 1856 |
306000 | 3 | 0.06 | 918000 | 0.49 | 1874 | 1 | 1 | 5622 |
306720 | 12 | 0.24 | 3680640 | 1.95 | 1879 | 1 | 1 | 22548 |
337500 | 1 | 0.02 | 337500 | 0.18 | 2067 | 1 | 1 | 2067 |
342000 | 1 | 0.02 | 342000 | 0.18 | 2095 | 1 | 1 | 2095 |
360000 | 2 | 0.04 | 720000 | 0.38 | 2205 | 1 | 1 | 4410 |
368100 | 1 | 0.02 | 368100 | 0.20 | 2255 | 1 | 1 | 2255 |
380970 | 1 | 0.02 | 380970 | 0.20 | 2334 | 1 | 1 | 2334 |
398700 | 1 | 0.02 | 398700 | 0.21 | 2442 | 1 | 1 | 2442 |
429390 | 1 | 0.02 | 429390 | 0.23 | 2630 | 1 | 1 | 2630 |
432000 | 2 | 0.04 | 864000 | 0.46 | 2646 | 1 | 1 | 5292 |
460080 | 1 | 0.02 | 460080 | 0.24 | 2818 | 1 | 1 | 2818 |
475380 | 1 | 0.02 | 475380 | 0.25 | 2912 | 1 | 1 | 2912 |
490500 | 1 | 0.02 | 490500 | 0.26 | 3005 | 1 | 1 | 3005 |
552150 | 2 | 0.04 | 1104300 | 0.59 | 3382 | 1 | 1 | 6764 |
570420 | 1 | 0.02 | 570420 | 0.30 | 3494 | 1 | 1 | 3494 |
612900 | 1 | 0.02 | 612900 | 0.33 | 3755 | 1 | 1 | 3755 |
613440 | 14 | 0.28 | 8588160 | 4.56 | 3758 | 1 | 1 | 52612 |
613530 | 2 | 0.04 | 1227060 | 0.65 | 3758 | 1 | 1 | 7516 |
613620 | 1 | 0.02 | 613620 | 0.33 | 3759 | 1 | 1 | 3759 |
630000 | 1 | 0.02 | 630000 | 0.33 | 3859 | 1 | 1 | 3859 |
674820 | 2 | 0.04 | 1349640 | 0.72 | 4134 | 1 | 1 | 8268 |
705510 | 1 | 0.02 | 705510 | 0.37 | 4322 | 1 | 1 | 4322 |
717750 | 1 | 0.02 | 717750 | 0.38 | 4397 | 1 | 1 | 4397 |
797490 | 1 | 0.02 | 797490 | 0.42 | 4885 | 1 | 1 | 4885 |
803970 | 1 | 0.02 | 803970 | 0.43 | 4925 | 1 | 1 | 4925 |
810000 | 1 | 0.02 | 810000 | 0.43 | 4962 | 1 | 1 | 4962 |
843570 | 2 | 0.04 | 1687140 | 0.90 | 5168 | 1 | 1 | 10336 |
858870 | 1 | 0.02 | 858870 | 0.46 | 5261 | 1 | 1 | 5261 |
900000 | 1 | 0.02 | 900000 | 0.48 | 5513 | 1 | 1 | 5513 |
920160 | 2 | 0.04 | 1840320 | 0.98 | 5637 | 1 | 1 | 11274 |
1042650 | 1 | 0.02 | 1042650 | 0.55 | 6387 | 1 | 1 | 6387 |
1080000 | 1 | 0.02 | 1080000 | 0.57 | 6616 | 1 | 1 | 6616 |
1165590 | 1 | 0.02 | 1165590 | 0.62 | 7141 | 1 | 1 | 7141 |
1226970 | 2 | 0.04 | 2453940 | 1.30 | 7517 | 1 | 1 | 15034 |
1227060 | 1 | 0.02 | 1227060 | 0.65 | 7517 | 1 | 1 | 7517 |
1533690 | 2 | 0.04 | 3067380 | 1.63 | 9396 | 1 | 1 | 18792 |
1595070 | 1 | 0.02 | 1595070 | 0.85 | 9772 | 1 | 1 | 9772 |
1840410 | 3 | 0.06 | 5521230 | 2.93 | 11275 | 1 | 1 | 33825 |
1974330 | 1 | 0.02 | 1974330 | 1.05 | 12095 | 1 | 1 | 12095 |
2147220 | 2 | 0.04 | 4294440 | 2.28 | 13154 | 1 | 1 | 26308 |
2270070 | 1 | 0.02 | 2270070 | 1.20 | 13907 | 1 | 1 | 13907 |
2453940 | 1 | 0.02 | 2453940 | 1.30 | 15033 | 1 | 1 | 15033 |
3067470 | 4 | 0.08 | 12269880 | 6.51 | 18792 | 1 | 1 | 75168 |
3251520 | 1 | 0.02 | 3251520 | 1.73 | 19920 | 1 | 1 | 19920 |
3680910 | 8 | 0.16 | 29447280 | 15.63 | 22550 | 1 | 1 | 180400 |
4907970 | 2 | 0.04 | 9815940 | 5.21 | 30067 | 1 | 1 | 60134 |
GRAND TOTAL | 4996 | 100.00 | 188409600 | 100.00 | 1154250 |
C. Allotment to QIBs (after Technical Rejections)
Allotment to QIBs who have Bid at the Issue Price of Rs. 163 per Equity Share or above, has been done on a proportionate basis in consultation with BSE. This category has been subscribed to the extent of 79.86 times of QIB Portion. Under the QIB portion, 5% was reserved for Mutual Funds, however, no mutual funds applied in the Issue. The total number of Equity Shares Allotted in this category is 15,39,000 Equity Shares on a proportionate basis, which were allotted to 48 successful QIB Bidders. The category-wise details of the Basis of Allotment are as under:
Category | FI | MF | IC | NBFC | AIF | FPI/FII | Others | TOTAL |
Allotment | 74516 | - | - | 62993 | 14835 | 392265 | 994391 | 15,39,000 |
D. Allotment to Anchor Investors
The bidding for anchor investors opened and closed on October 29, 2021. The Company received 2 applications from 2 Anchor Investors for 23,08,500 Equity Shares. The Anchor Investor Issue Price was finalized at Rs. 163 per Equity Share. A total of 23,08,500 Equity Shares were allocated underthe Anchor Investor Portion aggregating to Rs. 37,62,85,500.
Category | FI | MF | IC | NBFC | AIF | FPI/FII | TOTAL |
Allotment | - | - | - | - | - | 2308500 | 2308500 |
The Board Meeting of our Company on November 10, 2021 has taken on record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange, being BSE and has allotted the Equity Shares to various successful Bidders. The Allotment Advice-cum- refund intimation are being dispatched to the address of the investors as registered with the depositories. Further, the instructions to the Self Certified Syndicate Banks for unblocking of funds, transfer to Public Issue Account have been issued on November 10, 2021 and payment to non-Syndicate brokers have been issued on November 11, 2021. In case the same is not received within ten days, investors may contact the Registrar to the Issue at the address given below. The Equity Shares Allotted to the successful Allottees have been uploaded on November 11, 2021 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is in the process of obtaining the listing and trading approval from BSE and NSE, and the trading is expected to commence on or about November 15, 2021.
All capitalised terms used and not specifically defined herein shall have the same meaning as ascribed to them in the Prospectus.
INVESTORS PLEASE NOTE
The details of the Allotment made have been hosted on the website of Registrar to the Issue, Bigshare Services Private Limited at www.bigshareonline.com . All future correspondence in this regard may kindly be addressed to the Registrarto the Issue quoting full name of the First/ Sole applicant. Serial number of the ASBA form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:
BIGSHARE SERVICES PRIVATE LIMITED |
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai 400059, India. |
Telephone: +91 22 6263 8200, |
Facsimile: +91 22 6263 8299 Email: ipo@bigshareonline.com , |
Investor grievance email: investor@bigshareonline.com Website: www.bigshareonline.com |
Contact Person: Mr. Ashish Bhope SEBI Registration Number: INR000001385 |
For SIGACHI INDUSTRIES LIMITED | |
Sd/- | |
Place: Hyderabad | On Behalf of the Board of Directors |
Date: November 11, 2021 | Managing Director |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF SIGACHI INDUSTRIES LIMITED.
Sigachi Industries Limited has filed the Prospectus with Registrar of Companies Telangana at Hyderabad on November 08, 2021. The Prospectus shall be available on the website of the SEBI at www.sebi.gov.in , the website of the BRLM to the Issue at www.unistonecapital.com and websites of BSE and NSE i.e. www.bseindia.com and www.nseindia.com , respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see section titled "Risk Factors" beginning on page 23 of the Prospectus.
The Equity Shares offered in the Issue have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any state securities laws in the United States, and unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any applicable U.S. state securities laws. There will be no public offering in the United States and the securities being offered in this announcement are not being offered or sold in the United States.
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The IPO allocation is based on the subscription level and the investor category.
Refer to IPO allotment rules and methods for more details.
See the basis of allotment document above to know how the shares are allocated in Sigachi Industries IPO .
The Sigachi Industries IPO basis of allotment (published above) tells you how shares are allocated to you in Sigachi Industries IPO and category wise demand of IPO share.
Visit the Sigachi Industries IPO allotment status page to check the number of shares allocated to your application.
In Sigachi Industries IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.
For more information, please refer to IPO Allotment Process and Basis of Allotment.
Check the Sigachi Industries IPO basis of allotment document to know how the shares are allocated in Sigachi Industries IPO.
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