Business

Sigachi files DRHP for IPO

 

Cellulose-based excipients manufacturer Sigachi Industries has filed a draft red herring prospectus (DRHP) with SEBI for an IPO to raise about ₹60 crore. The IPO is for a fresh issuance of up to 28,41,500 equity shares of a face value of ₹10 each. The net proceeds are for expansion of production facilitiest Dahej and Jhagadia in Gujarat between FY21 and FY22 as well as for general corporate purposes.

This article is closed for comments.
Please Email the Editor

Printable version | Oct 28, 2020 5:08:41 PM | https://www.thehindu.com/business/for-business-pages-brieflysigachi-files-drhp-for-ipo/article32726381.ece

Next Story