About Sihora Industries IPO
Sihora Industries IPO is a fixed price issue in which the price has been at Rs 66 per share. The stock will be listed on BSE SME platform. A total of Rs 16,00,000 equity shares will be issued by the company.
The market lot comprises 2,000 shares with minimum bid quantity at 4,000 while maximum at 15,20,000.
Sihora Industries IPO lead managers / registrar
Sobhagya Capital Options Ltd will be the book running lead manager for the issue (BRLM) while Bigshare Services Private Ltd is the registrar to the issue. The sponsor bank is Kotak Mahindra Bank Limited.
About the company
Sihora Industries was incorporated in 2023. The company manufactures and sells narrow woven fabrics, lace, digitally printed fabrics, woven labels, tapes, zippers, elastics, and other textile products, including technical textiles, for fashion and industrial use.The promoters of the company are Gautam Vallabhbhai Sihora and Priyal Gautamkumar Sihora.
Sihora Industries IPO timeline
The tentative share allotment date is Wednesday, October 15 while the initiation of refunds and credit of shares to the demat accounts will happen of Thursday, October 16. The stock is likely to get listed on Friday, October 17.
Sihora Industries IPO GMP
Shares of Sihora Industries were not commanding any grey market premium (GMP).
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