Sihora Industries IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Fri, 10 Oct 2025
Close Date
Tue, 14 Oct 2025
Issue Price
₹ 66
Lot Size
2000
Issue Size
₹ 10.56 Cr
Minimum Investment
₹ 264,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Sihora Industries IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹10.56 Crore.
The Sihora Industries IPO remained open for subscription from October 10, 2025, to October 14, 2025. The basis of allotment was finalized on October 15, 2025, and the company's shares were listed on BSE SME Platform on October 17, 2025.
The company had fixed the price at ₹66 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹264,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Sobhagya Capital Options Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Sihora Industries Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Sihora Industries IPO Timeline (Tentative)
- IPO Open Date
- Fri, 10 Oct 25
- IPO Close Date
- Tue, 14 Oct 25
- Basis of Allotment
- Wed, 15 Oct 25
- Initiation of Refunds
- Thu, 16 Oct 25
- Credit of Shares to Demat
- Thu, 16 Oct 25
- Listing Date
- Fri, 17 Oct 25 — NSE & BSE
Open Date
10 October 2025
Close Date
14 October 2025
Basis Of Allotment
15 October 2025
Listing Date
17 October 2025
IPO Subscription
Check Live Subscription →The Sihora Industries IPO has received bids for 20,24,000 shares against 15,20,000 shares offered, resulting in an overall subscription of 1.33x. the NII category is subscribed 1.29x, Retail Investors 1.37x, and QIBs 0x.
QIB
0x
NII
1.29x
RII
1.37x
Total
1.33x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 7,60,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 7,60,000 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 760,000 | 50% |
| Retail Investors | 760,000 | 50% |
| Total | 1,520,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Sihora Industries Limited KPI Information
| Particular | KPI as of Mon |
|---|---|
| ROE % | 35.6 |
| ROCE % | 31.93 |
| Debt / Equity | 0.98 |
| RoNW % | 35.6 |
| Pat Margin % | 12.86 |
Peers Comparison
No Peer Comparision Available
About Sihora Industries Limited
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
Sihora Industries IPO Promoters
- Mr. Gautam Vallabhbhai Sihora
- Mrs. Priyal Gautamkumar Sihora
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
69.97%
Sihora Industries IPO Objective
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
Sihora Industries Limited Address / Contact Details
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
Sihora Industries IPO Lot Size
The Sihora Industries IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,64,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,64,000.
| 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 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Sobhagya Capital Options Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Sihora Industries IPO?
Sihora Industries IPO is a Fixed price IPO with a total issue size of ₹10.56 crore. The Sihora Industries IPO price band is ₹66 to 66 per share. The Sihora Industries IPO subscription opens on Fri, Oct 10, 2025, and closes on Tue, Oct 14, 2025. The Sihora Industries IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Sihora Industries IPO.
When will the Sihora Industries IPO open for subscription?
The Sihora Industries IPO opens on Fri, Oct 10, 2025 and closes on Tue, Oct 14, 2025
What is Sihora Industries IPO Price Band?
Sihora Industries IPO Price Band is ₹66 to 66 per share.
What is Sihora Industries IPO Lot Size?
Sihora Industries IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹264000 based on the upper price band
What is the minimum investment for Sihora Industries IPO?
The minimum investment for Sihora Industries IPO is ₹264000, based on one lot of 2000 shares at the upper price band of ₹66 per share.
How to apply for Sihora Industries IPO?
Investors can apply for the Sihora Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Oct 14, 2025. The application amount remains blocked until the Sihora Industries IPO allotment is finalized.
What is Sihora Industries IPO Issue Size?
Sihora Industries IPO issue size is ₹10.56 crores.
What is the Sihora Industries IPO Allotment Date?
Sihora Industries IPO allotment date is Wed, Oct 15, 2025.
Who is the Sihora Industries IPO Registrar?
The registrar for Sihora Industries IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Sihora Industries IPO allotment status, refund processing, and other IPO-related information.
Who is the Sihora Industries IPO Lead Manager?
The book-running lead managers (BRLMs) for the Sihora Industries IPO are Sobhagya Capital Options Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sihora Industries IPO Red Herring Prospectus (RHP).