Sihora Industries IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 66 – 66
Lot Size
2000
Issue Size
₹10.56 Cr
Minimum Investment
₹264000 (4000 Shares)
Listing Date
17 October 2025
Subscription
1.33x
About the Company
Incorporated in 2023, Sihora Industries Limited is engaged in the manufacturing and sale of a diverse range of textile products, including narrow woven fabrics, lace, digitally printed fabrics, woven labels, tapes, zippers, elastics, and other specialty textiles. The company also focuses on the development of technical textiles catering to both fashion and industrial applications.
Key Product Offerings:
- Lace
- Rapier Looms (converted into Label Looms)
- Needle Looms
- Zippers
- Elastics
- Products under development: PP–FDY Niwar Tape, Technical and Specialized Zippers
Revenue Profile:
As of March 31, 2025, the company reported a total revenue of ₹1,456.20 lakhs, contributed as follows:
- 55.20% from Viscous Suit and Rapier Lace & Border
- 28.55% from Zipper Sales
- 15.77% from Lace & Border Sales
- 0.48% from Elastic Sales (operations commenced in December 2024)
Manufacturing Facility:
Sihora Industries operates an integrated manufacturing facility in Surat, Gujarat, equipped with advanced technology that supports complete in-house production processes — from yarn processing, weaving, and digital printing to embroidery, dyeing, and finishing. The company’s operations combine modern machinery with traditional craftsmanship, ensuring consistent product quality and design excellence.
Production Capacity and Utilization (as on March 31, 2025):
- Narrow Woven Fabric: Installed capacity of 7,86,240 meters with actual utilization of 6,55,200 meters
- Zipper Production: Installed capacity of 5,72,460 kgs with actual utilization of 4,91,744 kgs
- Elastic Production: Installed capacity of 34,320 kgs with actual utilization of 24,960 kgs
Promoters
- Mr. Gautam Vallabhbhai Sihora
- Mrs. Priyal Gautamkumar Sihora
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
69.97%
Objects of the Issue
The Company Sihora Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding Capital Expenditure towards purchase of additional plant & machinery
- Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial Institutions
- To meet additional working capital requirements
- General Corporate Purposes
Address / Contact Info
Sihora Industries Ltd.
Plot 34/D-1, Laxminarayan, BRC Compound
Udhna, Mangrol
Surat, Gujarat, 394210
Phone: +91 98241 52000
Email: info@sihoragroup.com
Website: http://www.sihoragroup.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 10 October 2025
IPO Close Date
Tuesday, 14 October 2025
Basis of Allotment
Wednesday, 15 October 2025
Initiation of Refunds
Thursday, 16 October 2025
Credit of Shares to Demat
Thursday, 16 October 2025
Listing Date
Friday, 17 October 2025 — NSE & BSE
Important Dates
Open Date
10 October 2025
Close Date
14 October 2025
Basis Of Allotment
15 October 2025
Listing Date
17 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 15.9 | 12.65 | 7.44 | 8.95 |
| Revenue | 5.86 | 15.06 | 11.62 | 12.1 |
| Profit After Tax | 0.45 | 1.87 | 0.6 | 0.3 |
| Net Worth | 5.71 | 5.26 | 3.8 | 0.13 |
| Reserve & Surplus | 1.98 | 1.53 | 2.71 | -0.37 |
| Total Borrowings | 5.71 | 5.14 | 5.3 | 3.86 |
EPS Pre
5.02%
EPS Post
2.01%
P/E Pre
13.14
P/E (Post Issue)
32.77x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon |
|---|---|
| ROE % | 35.6 |
| ROCE % | 31.93 |
| Debt / Equity | 0.98 |
| RoNW % | 35.6 |
| PbW | 0 |
| Pat Margin % | 12.86 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 760000 | 50 | 0 |
| Retail Investors | 760000 | 50 | 0 |
| Total | 1520000 | 100 | 0 |
Subscription Status ( Tue, 14 Oct 25 01:28 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 760000 | 984000 | 1.29x |
| Retail Investors | 760000 | 1040000 | 1.37x |
| Total | 1520000 | 2024000 | 1.33x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 264,000.00 |
| Retail (Max) | 2 | 4,000 | 264,000.00 |
| S-HNI (Min) | 3 | 6,000 | 396,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Sobhagya Capital Options Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Sihora Industries IPO is a Fixed price IPO worth ₹10.56 crores. The price band is ₹66 to 66 per share. The IPO opens on Fri, Oct 10, 2025 and closes on Tue, Oct 14, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Sihora Industries IPO opens on Fri, Oct 10, 2025 and closes on Tue, Oct 14, 2025
Sihora Industries IPO Price Band is ₹66 to 66.
Sihora Industries IPO lot size is 2000, and the minimum amount required for application is ₹264000.
The minimum investment for Sihora Industries IPO is approximately ₹264000 based on the upper price band.
To apply for the Sihora Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Oct 14, 2025. After submission, funds are blocked until the basis of allotment of Sihora Industries IPO is finalised.
Sihora Industries IPO issue size is ₹10.56 crores.
Sihora Industries IPO allotment date is Sat, Jun 27, 2026.
The registrar for Sihora Industries IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Sihora Industries IPO through their official website or helpline.