Sihora Industries Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on August 11, 2025 to raise funds through Initial Public Offer (IPO).
Sihora Industries Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.16 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sihora Industries IPO DRHP for more details.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | |
Lot Size | |
Sale Type | Fresh Capital |
Total Issue Size | 16,00,000 shares (aggregating up to ₹[.] Cr) |
Reserved for Market Maker | 80,000 shares (aggregating up to ₹[.] Cr) |
Net Offered to Public | 15,20,000 shares (aggregating up to ₹[.] Cr) |
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 |
Investor Category | Shares Offered |
---|---|
Retail Shares Offered | Not more than 50% of the Net issue |
NII Shares Offered | Not more than 50% of the Net issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Mon, Aug 11, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
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):
Key strengths
Sihora Industries Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 214% between the financial year ending with March 31, 2025 and March 31, 2024.
Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
Assets | 12.65 | 7.44 | 8.95 |
Total Income | 15.06 | 11.62 | 12.10 |
Profit After Tax | 1.87 | 0.60 | 0.30 |
EBITDA | 3.29 | 1.72 | 1.17 |
Net Worth | 5.26 | 3.80 | 0.13 |
Reserves and Surplus | 1.53 | 2.71 | -0.37 |
Total Borrowing | 5.14 | 5.30 | 3.86 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 35.60% |
ROCE | 31.93% |
Debt/Equity | 0.98 |
RoNW | 35.60% |
PAT Margin | 12.86% |
EBITDA Margin | 22.61% |
The Company Sihora Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
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 our Company from banks and financial Institutions | 2.58 |
3 | To meet additional working capital requirements | 3.50 |
4 | General Corporate Purposes |
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/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Sihora Industries IPO is a SME IPO of 16,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Sihora Industries IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sihora Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Sihora Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sihora Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sihora Industries IPO dates are not announced. Please check back again after some time.
Sihora Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sihora Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sihora Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sihora Industries IPO allotment status.
The Sihora Industries IPO listing date is not yet announced. The tentative date of Sihora Industries IPO listing is [.].
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