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Open
10 Oct 2025
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Close
14 Oct 2025
3
Allotment
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Listing
Fri, Oct 17, 2025
Price Band
₹66 per share
Issue Size
16,00,000 shares (agg. up to ₹11 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Oct 17, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
17-10-2025₹0Est. ₹66+0%
16-10-2025₹0Est. ₹66+0%
15-10-2025₹0Est. ₹66+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.29x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 15.90 | 12.65 | 7.44 | 8.95 |
| Total Income | 5.86 | 15.06 | 11.62 | 12.10 |
| Profit After Tax | 0.45 | 1.87 | 0.60 | 0.30 |
| EBITDA | 1.13 | 3.29 | 1.72 | 1.17 |
| NET Worth | 5.71 | 5.26 | 3.80 | 0.13 |
| Reserves and Surplus | 1.98 | 1.53 | 2.71 | -0.37 |
| Total Borrowing | 5.71 | 5.14 | 5.30 | 3.86 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹29.20 (+1.39%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹206.95 (+3.53%) |
| Spunweb Nonwoven Ltd. | SME | ₹60.98 Cr | ₹96 | 15.79 | ₹158.55 | +65.16% | ₹105.50 (-0.47%) |
| Silky Overseas Ltd. | SME | ₹30.68 Cr | ₹161 | 12.98 | ₹162.45 | +0.90% | ₹97.00 (+6.01%) |
| Cedaar Textile Ltd. | SME | ₹60.90 Cr | ₹140 | 12.07 | ₹113.05 | -19.25% | ₹19.05 (-4.75%) |
| NAPS Global India Ltd. | SME | ₹11.88 Cr | ₹90 | 19.27 | ₹102.60 | +14.00% | ₹34.60 (-7.36%) |
| Ken Enterprises Ltd. | SME | ₹83.65 Cr | ₹94 | 19.34 | ₹80.75 | -14.10% | ₹33.70 (-1.03%) |
| Avax Apparels & Ornaments Ltd. | SME | ₹1.92 Cr | ₹70 | 3.88 | ₹139.65 | +99.50% | ₹49.00 (-3.92%) |
| Neelam Linens & Garments (India) Ltd. | SME | ₹13.00 Cr | ₹24 | 14.44 | ₹38.05 | +58.54% | ₹9.70 (+0.00%) |
| Borana Weaves Ltd. | Mainboard | ₹144.89 Cr | ₹216 | 18.26 | ₹255.15 | +18.13% | ₹325.50 (+7.33%) |
| Sanathan Textiles Ltd. | Mainboard | ₹550.00 Cr | ₹321 | 17.25 | ₹388.35 | +20.98% | ₹449.30 (-0.33%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards purchase of additional plant & machinery | 2.00 |
| 2 | Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions | 2.58 |
| 3 | To meet additional Working Capital Requirements | 3.50 |
| 4 | General Corporate Purposes | 1.55 |
| 5 | Issue Expenses | 0.93 |
| Total | 10.56 |
About Sihora Industries IPO
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 K
Contact Details
Sihora Industries Ltd. AddressPlot 34/D-1, Laxminarayan, BRC CompoundUdhna, MangrolSurat, Gujarat, 394210+91 98241 52000info@sihoragroup.comVisit Website