IPO DETAILS : Sigachi Industries Ltd.

Plot No. 27, Raichur Growth Center, Wadloor Road, Raichur, Karnataka - 584134

Public Issue of 7695000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 153.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
01/11/202103/11/2021163.00 -
Lead Managers Registrar Listed at
UNISTONE CAPITAL PRIVATE LIMITED
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin works Building,
Opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 40430200 Fax: 28475207		BSE
NSE
Object of the issue

We intend to utilize the Proceeds of the Issue, after deducting the Issue related expenses, as estimated to be Rs.[.] lacs (the “Net Proceeds”).

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

1. Funding capital expenditure:

a. for expansion of production capacity for microcrystalline cellulose (“MCC”) at Dahej, Gujarat
b. for expansion of production capacity for microcrystalline cellulose (“MCC”) at Jhagadia, Gujarat
c. to manufacture Croscarmellose Sodium (“CCS”), a modified cellulose used as excipient at Kurnool, Andhra Pradesh

2. General Corporate Purposes

Promoted by

The Promoters of the Company are :

1. Rabindra Prasad Sinha

2. Chidambarnathan Shanmuganathan

3. Amit Raj Sinha

4. RPS Projects & Developers Private Limited