Sihora Industries
October 10, 2025 – October 14, 2025
| Price | ₹66 - ₹66 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | Oct 15, 2025 |
| Listing | Oct 17, 2025 |
Sihora Industries Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 4000 | 264000 | 190 |
| HNI | 3 | 6000 | 396000 | 190 |
Sihora Industries Reservation
| Category | Shares Offered | % |
|---|---|---|
| HNI | 760000 | 47.5% |
| INDIVIDUAL | 760000 | 47.5% |
| Market Maker | 80000 | 5% |
| Total | 1600000 | 100% |
Sihora Industries About
IPO Details
| Total Issue Size | 16,00,000 shares (aggregating up to 10.56 Cr) |
| Fresh Issue Size | 16,00,000 shares (aggregating up to 10.56 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 |
| Reserved for Market Maker | 80,000 shares |
Key Performance Indicator
| KPI | Aug-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE | 7.83% | 35.60% | 9.49% |
| ROCE | 9.95% | 31.93% | 16.47% |
| EPS (basic) | 1.20 | 5.02 | 0.86 |
Financial Details In Crores
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 12.65 | 7.44 | 8.95 |
| Total Income | 15.06 | 11.62 | 12.1 |
| Profit After Tax | 1.87 | 0.6 | 0.3 |
| EBITDA | 3.29 | 1.72 | 1.17 |
| Net Worth | 5.26 | 3.8 | 0.13 |
| Reserves and Surplus | 1.53 | 2.71 | -0.37 |
| Total Borrowing | 5.14 | 5.3 | 3.86 |
Peer Comparision
There are no comparable listed Peer Group Companies.Company Overview
Business: Manufacturer and seller of narrow woven fabrics, lace, digitally printed fabrics, woven labels, zippers, elastics, and technical textiles for fashion and industrial use.
Key Products: Lace, Rapier Looms (converted into Label Looms), Needle Looms, Zipper, Elastic.
Upcoming Products: PP–FDY Niwar Tape, Technical & Specialized Zipper.
Revenue (FY25): ₹1,456.20 lakhs
55.20% – Viscous Suit & Rapier Lace/Border
28.55% – Zipper
15.77% – Lace & Border
0.48% – Elastic (started Dec 2024)
Manufacturing Unit: Integrated facility in Surat, Gujarat with processes like yarn processing, weaving, dyeing, embroidery, digital printing, and finishing.
Capacity & Utilization (FY25):
Narrow woven fabric – 7,86,240 m (utilized 6,55,200 m)
Zipper – 5,72,460 kg (utilized 4,91,744 kg)
Elastic – 34,320 kg (utilized 24,960 kg)
IPO Objects:
Plant & machinery purchase – ₹2.00 crore
Loan repayment – ₹2.58 crore
Working capital – ₹3.50 crore
General corporate purposes
Strength
Consistent Product Quality – Maintains uniform quality standards across diverse textile categories.
Strategically Located Facility – Surat base provides access to strong textile ecosystem and skilled workforce.
Experienced Promoters & Management – Deep industry understanding supporting operational efficiency and growth.
Weakness
Single-Location Dependency – Entire operations concentrated in Surat; any regional disruption can impact production.
Customer Concentration Risk – Top 5 customers contribute 40–57% of revenue; loss of any can hit financial performance.
Single Manufacturing Facility – Any operational breakdown or shutdown may severely affect business continuity.
Sihora Industries Lead Manager(s)
Sihora Industries Address
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/
Sihora Industries Registrar
Sihora Industries Reviewers
| Reviewer | Recommendation | File |
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