Sihora Industries Limited – IPO
Sihora Industries Limited – IPO Details
| IPO Date | October 10, 2025 to October 14, 2025 |
| Listing Date | October 17, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 66 to ₹ -- / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | 16,00,000 shares (Aggregating up to ₹10.56 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share holding pre issue | 37,27,400 shares |
| Share holding post issue | 53,27,400 shares |
| Market Maker portion |
Sihora Industries Limited Timeline (Tentative Schedule)
Sihora Industries Limited IPO opens on October 10, 2025, and closes on October 14, 2025.
| IPO Open Date | October 10, 2025 |
| IPO Close Date | October 14, 2025 |
| Basis of Allotment | October 15, 2025 |
| Initiation of Refunds | October 16, 2025 |
| Credit of Shares to Demat | October 16, 2025 |
| Listing Date | October 17, 2025 |
| Cut-off time for UPI mandate confirmation | October 14, 2025 |
Sihora Industries Limited IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | |
| Retail (Max) | 2 | 4,000 | |
| S-HNI (Min) | 3 | 6,000 | |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
Sihora Industries Limited IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 69.97% |
Sihora Industries Limited IPO Reservation
Sihora Industries IPO offers a total of 16,00,000 shares. Out of which 7,60,000 (47.50%) is allocated to NII, and 7,60,000 (47.50%) is allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 80,000 (5.00%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | 7,60,000 (47.50%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 7,60,000 (47.50%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 16,00,000 (100.00%) |
Sihora Industries Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Sihora Industries Limited
Incorporated in 2023, Sihora Industries Limited 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.
Key products:
- Lace
- Rapier Looms (converted into Label Looms)
- Needle Looms
- Zipper
- Elastic
Other products in pipeline: PP – FDY Niwar Tape, Technical and Specialized Zipper.
Revenue: As on March 31, 2025, it has reported total revenue of Rs 1,456.20 lakhs with 55.20% revenue from Viscous Suit and Rapier Lace and Border, 28.55% from Zipper, 15.77% from Lace & Border Sales and 0.48% from Elastic Sales (commenced in Dec 2024)
Manufacturing Facility: It has an integrated manufacturing facility in Surat, Gujarat with end-to-end textile manufacturing processes, i.e., yarn processing, weaving, digital printing, embroidery, dyeing, and finishing—using modern technology alongside traditional craftsmanship.
Existing capacity and utilization (As on March 31, 2025):
- Narrow woven fabric: 7,86,240 meters with capacity utilization of 6,55,200 meters
- Zipper production: 5,72,460 kgs and actual utilization is 4,91,744 Kgs
- Elastic production: 34,320 Kgs and actual capacity utilization of 24,960 kgs
Key strengths
- Consistency in Quality Standards
- Strategic located manufacturing unit in Surat, Gujarat
- Experienced Promoters and Management Team
- Smooth flow of operations
- Cost effective production
- Market Diversification
- Scalable business model
Key Performance Indicator
The market capitalization of Sihora Industries IPO is ₹35.16 Cr.
| KPI | Values |
|---|---|
| ROE | 35.60% |
| ROCE | 31.93% |
| Debt/Equity | 0.98 |
| RoNW | 35.60% |
| P/BV | 4.68 |
| PAT Margin (%) | 12.86% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.02 | 2.01 |
| P/E (x) | 13.14 | 32.77 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of August 31, 2025, which is available in RHP.
Objects of the Issue (Sihora Industries Limited IPO Objectives)
Sihora Industries Limited Contact Details
Sihora Industries Ltd. Plot 34/D-1, Laxminarayan, BRC Compound Udhna, Mangrol Surat, Gujarat, 394210 Phone: +91 98241 52000 Email: [email protected] Website: http://www.sihoragroup.com/ |
Sihora Industries Limited IPO Registrar
Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: [email protected] |