September 21, 2024

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Sigachi Industries shares checklist with a bang; bounce almost 253% in debut

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Microcrystalline cellulose producer Sigachi Industries shares listed with an enormous premium of almost 253 per cent in its debut commerce on Monday towards the difficulty value of Rs 163.
The inventory listed at Rs 575, a premium of 252.76 per cent on BSE. It then rallied 270.39 per cent to Rs 603.75.
On NSE, it debuted at Rs 570, zooming 249.69 per cent.
The preliminary public supply of Sigachi Industries acquired a whopping 101.91 instances subscription earlier this month.
Price vary for the Rs 125.42 crore-offer was at Rs 161-163 per share.