Sihora Industries’ IPO was subscribed 1.27 times on the last day. The retail quota was subscribed over 1.37 times, NII was subscribed over 1.18 times, and QIB was subscribed 0.00 times, respectively.
Details About Sihora Industries IPO
Sihora Industries got approval from SEBI for an IPO of around ₹10.56 crores. Sihora Industries IPO is a fresh issue of ₹10.56 crores with a face value of ₹10 each.
Furthermore, Sihora Industries had a set price band of ₹66 per share.
In the Sihora Industries IPO, 4,000 shares were in 2 lot sizes for the retail minimum and maximum categories as well.
Moreover, 6,000 shares were in 3 lot sizes for the S-HNI Minimum category.
To invest in the Sihora Industries IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,64,000.
- SHNI (S-HNI): Minimum investment of ₹3,96,000.
Sihora Industries IPO’s Subscription Duration
The opening date of Sihora Industries IPO was on October 10, 2025, and the closing date was on October 14, 2025. The allotment date of Sihora Industries IPO was on October 15, 2025, and the investors will receive a refund on October 16, 2025. Sihora Industries is set to be listed on October 17, 2025.
Sihora Industries IPO funds deployment
- The proceeds raised from the fresh issue will be used towards the purchase of additional plant & machinery.
- A portion of the proceeds will be utilized for the Repayment or prepayment of old borrowings taken from banks and financial institutions.
- Some funds will be used to meet the working capital requirements.
- Lastly, the remaining funds will be used for the company’s general corporate purposes.
About Sihora Industries Company
Founded in 2023, Sihora Industries Limited is one of the growing companies involved in the manufacturing and selling of woven fabrics, lace, digitally printed fabrics, woven labels, tapes, zippers, elastics, and other textile products utilized in various industries. Furthermore, the company has various main products like Lace, Rapier Looms (converted into Label Looms), Needle Looms, Zipper, and Elastic.
Moreover, the company has unique strengths, such as, the company is constantly focusing on quality standards, experienced promoters, and the management team. The production is also cost-effective and has a Growth-ready business model. This firm also operates a fully integrated textile which is located in Surat, Gujarat.
Financial Report of the Sihora Industries Company
The company reported revenue of ₹15.06 crores in 2025 against ₹11.62 crores in 2024. The company reported a profit of ₹1.87 crores in 2025 against a profit of ₹0.60 crores in 2024.
