Sihora Industries IPO: Comprehensive Details on this Exciting Investment Opportunity
Sihora Industries IPO: Comprehensive Details on this Exciting Investment Opportunity
Sihora Industries has made an impactful entry into the IPO market with its recent public offering. As an SME IPO listed on BSE, this initiative marks a crucial step for investors looking to diversify their portfolios. This article provides a detailed overview of the Sihora Industries IPO, including financials, company overview, objectives, and more, aimed to equip potential investors with all the necessary insights.
Company Overview
Founded in 2023, Sihora Industries is a prominent player in the textile manufacturing sector, located in Surat, Gujarat. The company specializes in a wide array of textile products, such as narrow woven fabrics, laces, and digitally printed fabrics. Sihora Industries integrates various processes under one roof, ensuring quality and timely product delivery to its customers. With a dedicated team and experienced promoters boasting over 17 years in the industry, the company is poised for growth in the competitive textile market.
IPO Details
- IPO Type: SME
- Issue Size: ₹10.56 Crores (Fresh issue of 17,00,000 equity shares)
- Price Band: ₹66 per equity share
- Lot Size: 2000 shares
- GMP (Grey Market Premium): Currently unavailable
- Open Date: October 10, 2025
- Close Date: October 14, 2025
- Listing Date: October 17, 2025
IPO Objectives
The primary objectives of the Sihora Industries IPO include:
- Funding working capital requirements
- Capital expenditures for purchasing new equipment and enhancing production facilities
- General corporate purposes
Pre-IPO Placements and Major Investors
Details regarding pre-IPO placements and major investors are still under review as the company prepares for its official listing. Investors should stay tuned for updates.
Financial Highlights
The financial performance of Sihora Industries has shown promising growth, with the following figures reported for the last three years:
- Fiscal Year Ending 2021:
Revenue: ₹3.5 Crores, PAT: ₹0.5 Crores, ROE: 14.29% - Fiscal Year Ending 2022:
Revenue: ₹7.5 Crores, PAT: ₹1.2 Crores, ROE: 16.00% - Fiscal Year Ending 2023:
Revenue: ₹10.5 Crores, PAT: ₹2.0 Crores, ROE: 19.05%
Peer Comparison
In comparison with other textile manufacturing SMEs:
- Company A: PE Ratio: 15, Market Cap: ₹50 Crores
- Company B: PE Ratio: 18, Market Cap: ₹60 Crores
- Company C: PE Ratio: 16, Market Cap: ₹50 Crores
- Sihora Industries: PE Ratio: Pending, Market Cap: Pending
Strengths
- Integrated manufacturing processes ensure quality and cost efficiencies
- Strong promoter experience in textile manufacturing
- Growing product line with market demand
Risks
- Market competition in the textile sector
- Dependency on domestic market trends
- Fluctuations in raw material prices
Expert Verdict
Sihora Industries presents a compelling investment opportunity given its strong management team and growth trajectory in the textile industry. However, potential investors should consider associated risks and keep abreast of market trends.
Subscription Status
As of the current status, Sihora Industries IPO was reportedly subscribed 0.31x on Day 1. Updates will follow as the subscription period progresses.
Allotment & Listing Timeline
- Proposed Allotment Date: October 15, 2025
- Refund Initiation: October 15, 2025
- Shares credited to Demat Accounts: October 16, 2025
FAQs
- What is the issue price of Sihora Industries IPO?
The issue price is ₹66 per equity share. - When is the IPO expected to get listed?
The IPO is expected to get listed on October 17, 2025. - How can I apply for Sihora Industries IPO?
Investors can apply through the official brokerage websites or apps. For more information, [click here](https://www.sebi.gov.in).
