Sihora Industries IPO is set to open on October 10, 2025, and will close on October 14, 2025. This is a fixed price issue where the company plans to raise about ₹10.56 crores. The entire amount comes from a fresh issue, while the offer for sale portion is marked as yet to be disclosed.
The IPO is priced at ₹66 per share and will list on the BSE SME platform on October 17, 2025. Investors can check the allotment on October 15.
The company has shown steady growth, with revenue rising from ₹11.62 crores in 2024 to ₹15.06 crores in 2025, while profit increased from ₹0.60 crores to ₹1.87 crores. Based on the financials and improving fundamentals, long-term investors may consider applying.
Contents
Sihora Industries IPO details
| IPO detail | Information |
|---|---|
| IPO open date | October 10, 2025 |
| IPO close date | October 14, 2025 |
| Face value | ₹10 per equity share |
| IPO price | ₹66 per share |
| Issue size | Approx ₹10.56 crores |
| Fresh issue | Approx ₹10.56 crores |
| Issue type | Fixed price issue |
| IPO listing | BSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
- Also Read:
- SK Minerals IPO
Sihora Industries IPO review and key points
The company has shown consistent revenue and profit growth. Its integrated textile operations, experienced promoters, and expansion plans make it suitable for investors looking for long-term potential. However, being an SME IPO, liquidity risk should also be considered.
Sihora Industries IPO market lot
The minimum market lot for the IPO is 4,000 shares. The total application amount for retail investors is ₹2,64,000.
| Application | Lot size | Shares | Amount |
|---|---|---|---|
| Retail minimum | 2 | 4,000 | ₹2,64,000 |
| Retail maximum | 2 | 4,000 | ₹2,64,000 |
| S-HNI minimum | 3 | 6,000 | ₹3,96,000 |
Sihora Industries IPO
Open: 10-14 Oct 2025
Issue Size: ₹10.56 Cr.
Objective: Buying more machines, repaying bank loans, and for general work.
Exchange: BSE SME
IPO reservation
| Category | Shares offered | % |
|---|---|---|
| NII | 7,60,000 shares | 47.50% |
| Retail | 7,60,000 shares | 47.50% |
Sihora Industries IPO dates
| Event | Date |
|---|---|
| IPO open date | October 10, 2025 |
| IPO close date | October 14, 2025 |
| Basis of allotment | October 15, 2025 |
| Refunds | October 16, 2025 |
| Credit to demat | October 16, 2025 |
| IPO listing date | October 17, 2025 |
| Bidding cut-off time | October 14, 2025 – 5 PM |
Promoters and Holding Pattern
The company’s promoters are Gautam Vallabhbhai Sihora and Priyal Gautamkumar Sihora.
| Particular | Shares | % |
|---|---|---|
| Promoter holding pre issue | 37,27,400 | 100% |
| Promoter holding post issue | 53,27,400 | 69.97% |
Objects of the Issue and Uilisation of Proceeds
| Purpose | Amount (₹ crores) |
|---|---|
| Capital expenditure for plant and machinery | 2.00 |
| Repayment or prepayment of borrowings | 2.58 |
| Working capital requirements | 3.50 |
| General corporate purpose | – |
About Sihora Industries
Sihora Industries Limited began operations in 2023 and manufactures a wide range of textile products. Its portfolio includes narrow woven fabrics, lace, printed fabrics, tapes, labels, zippers, elastics, and technical textiles used in fashion and industrial applications.
The company’s major product lines include lace, rapier looms converted into label looms, needle looms, zippers, and elastic products. It is known for maintaining high-quality standards and having an experienced management team. Its facility in Surat, Gujarat is a fully integrated unit that manages the entire manufacturing process.
Sihora Industries financial report
(Amount in ₹ crores)
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 12.10 | 11.92 | 0.30 | 8.95 |
| 2024 | 11.62 | 10.85 | 0.60 | 7.44 |
| 2025 | 15.06 | 12.56 | 1.87 | 12.65 |
| Aug 2025 | 5.86 | 5.27 | 0.45 | 15.90 |
Sihora Industries IPO valuation – FY2025
| KPI | Value |
|---|---|
| ROE | 35.60% |
| ROCE | 31.93% |
| EBITDA margin | 22.61% |
| PAT margin | 12.86% |
| Debt to equity | – |
| EPS | ₹5.02 (Basic) |
| P/E ratio | N/A |
| RoNW | 35.60% |
| NAV | ₹14.11 |
Peer group comparison
- There are no listed peer companies for comparison.
IPO lead manager
- Sobhagya Capital Options Pvt. Ltd.
Company address
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/
IPO registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Sihora Industries IPO FAQs
What is Sihora Industries IPO?
It is an SME IPO where the company aims to raise ₹10.56 crores at a price of ₹66 per share. The shares will list on BSE.
When will the IPO open?
The IPO opens on October 10, 2025 and closes on October 14, 2025.
What is Sihora Industries IPO?
It is an SME IPO where the company aims to raise ₹10.56 crores at a price of ₹66 per share. The shares will list on BSE.
How to apply for the IPO?
You can apply through ASBA using your bank account or via UPI through your stock broker.
What is the IPO issue size?
The issue size is ₹10.56 crores.
What is the IPO price?
The price is ₹66 per share.
What is the lot size?
Minimum lot is 4,000 shares with an investment of ₹2,64,000.
What is the allotment date?
The allotment date is October 15, 2025.
What is the listing date?
The listing date is October 17, 2025.
Expert Comment
Sihora Industries IPO may appeal to investors looking for a growing textile business with strong financial momentum. However, being an SME listing, it suits those with a higher risk appetite and a long-term view.
