Sihora Industries IPO: This SME IPO opens for subscription today. Check GMP, issue price, other details

The SME initial public offering (IPO) of Sihora Industries will open for bidding on Friday, October 10 and close on Tuesday, October 14. The issue is entirely fresh with no offer for sale (OFS) component. The company plans to raise 10.56 crore from it.

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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