How To Check Sigachi Industries IPO Allotment Status

11 November 2021
3 min read
How To Check Sigachi Industries IPO Allotment Status
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

The Sigachi Industries IPO is open for subscription between November 1 and November 3, 2021. The price band has been kept between Rs 161-163 per share with a minimum lot size of 90 shares.

The Sigachi Industries IPO allotment status will be finalised around November 10 (tentative).

Check Allotment Status

Here’s how you can check the allotment status:

1. Check Allotment Status on Groww

Once the allotment status is finalized, you can check your status on Groww, if you had applied for this IPO on our platform. Here are the steps:- 

Step 1: Open the Groww App, scroll down the homepage to see the ‘IPOs’ section.

Step 2: Click on IPOs. On the next page click on the ‘Status’ tab next to the Sigachi Industries IPO (or any other IPO you had applied for). Note that, the status tab will not be visible if you have not applied for the IPO.

Step 3: The next screen will give you a snapshot of your IPO application status.

2. Check Allotment Status on Registrar’s Website

The registrar for this IPO is Bigshare Services Private Limited.

  • The registrar for the IPO is Bigshare Services Private Limited and the shares are proposed to be listed on the BSE and NSE.
  • After you land on the website’s homepage, click on ‘IPO Allotment Status’. Select any server and proceed. 
  • From the drop-down menu, select ‘Sigachi Industries ’. 
  • For identification, you can give your PAN number, application number, DP/client ID, account number/IFSC code.

3. Check Allotment Status on BSE

Step 1: Investors are required to follow this link to check their IPO allotment status on BSE: https://www.bseindia.com/investors/appli_check.aspx.

Step 2: You will then have to select the ‘Equity’ option and then from the dropdown, select issue name – ‘Sigachi Industries’.

Step 3: You will have to enter your application number and PAN card number next.

Step 4: After completing all the above-mentioned steps click on the “Search” button.

📣 IPOs to look out for
View all IPOs
Companies
Type
Bidding Dates
RegularCloses 22 Apr
Regular-
Regular-
Regular-
Regular-

FAQs on Sigachi Industries IPO Allotment

  • What happens to the IPO amount in my bank account?

After applying for an IPO, the amount gets blocked for use from your account. Therefore, the money is still showing in your balance but is blocked for use. 

  • How are the Sigachi Industries shares being allotted?

If Sigachi Industries IPO is oversubscribed, the shares will be distributed proportionately among investors so that each investor gets a minimum of one lot. This is done on a lottery basis, so there cannot be a guarantee that you will get the shares. It is possible that few investors do not get any shares at all, in case of oversubscription.

  • Will my money come back if I don’t get the Sigachi Industries IPO allotment?

If you don’t get the allotment in the Sigachi Industries IPO, the amount will be unblocked, and you will be able to use the amount in your bank account. 

  • When will Sigachi Industries IPO get listed?

Sigachi Industries IPO shares will get listed on BSE and NSE on November 15, 2021. (tentative)

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) Ltd. do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
Do you like this edition?
LEAVE A FEEDBACK
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.8.7
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ