IPO: From November 1 to 3, if you have also invested money in this company, then know when the shares will come in the account?

Sigachi Industries IPO allotment status: In the month of November, IPOs of many big companies have come in the market. If you have also invested money in them, then now check whether you have got shares or not. The allotment of shares of Sigachi Industries IPO will happen soon. The company’s IPO was subscribed 101.91 times in 3 days.

Issue was opened on 1 November
The company’s IPO was opened for subscription on November 1 and closed on November 3. The company had fixed the price band of the shares at Rs 161-163. The company has received bids for 54,89,47,440 lakh shares.

Allotment of shares may happen on Wednesday
If the company can allot the shares on November 10, then you can check the allotment of your shares on Wednesday. You can check the allotment of shares through the registrar and the official website of BSE.

The company will issue 77 lakh shares
Let us tell you that 77 lakh fresh issues will be issued through this issue. Let us tell you that earlier the plan of the company was to issue only 28.4 lakh shares, but it was increased by the company. The company’s IPO was fully subscribed on the very first day of the issue’s opening.

Listing on BSE and NSE
According to gray market experts, the shares of Sigachi were trading at a premium of around Rs 150 in the gray market on Monday. The company can be listed on both BSE and NSE on 11th November.

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