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:LaceRapier Looms (converted into Label Looms)Needle LoomsZipperElasticOther 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 metersZipper production: 5,72,460 kgs and actual utilization is 4,91,744 KgsElastic production: 34,320 Kgs and actual capacity utilization of 24,960 kgsKey strengthsConsistency in Quality StandardsStrategic located manufacturing unit in Surat, GujaratExperienced Promoters and Management TeamSmooth flow of operationsCost effective productionMarket DiversificationScalable business model
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
80,000 | ₹0.530 |
|
NII
|
760,000 | ₹5.020 |
|
Retail
|
760,000 | ₹5.020 |
| Total ** | 1,600,000 | ₹10.560 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 4,000 | ₹264,000 |
| Retail (Max — 13 Lots) | 13 | 26,000 | ₹1,716,000 |
| S-HNI (Min — 14 Lots) | 14 | 28,000 | ₹1,848,000 |
| S-HNI (Max — 66 Lots) | 66 | 132,000 | ₹8,712,000 |
| B-HNI (Min — 67 Lots) | 67 | 134,000 | ₹8,844,000 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 760,000 | 760,000 | 1,520,000 |
| Allotment price (Rs.) | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | — | 0.53 | — | — | — | 5.02 | 5.02 | 10.04 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 760,000 | 760,000 | 1,520,000 |
| Amount (Rs.cr.) | — | 0.53 | — | — | — | 5.02 | 5.02 | 10.03 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 80,000 | ₹0.53 |
5.00%
|
| NII / HNI | 760,000 | ₹5.02 |
47.50%
|
| Retail (RII) | 760,000 | ₹5.02 |
47.50%
|
| Total | 1,600,000 | ₹10.56 |
100.00%
|
| Particulars | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 5.86 | 15.06 | 11.62 |
| EBITDA | 1.13 | 3.29 | 1.72 |
| Profit After Tax (PAT) | 0.45 | 1.87 | 0.60 |
| Net Worth | 5.71 | 5.26 | 3.80 |
| Total Assets | 15.90 | 12.65 | 7.44 |
| Reserves & Surplus | 1.98 | 1.53 | 2.71 |
| Total Borrowings | 5.71 | 5.14 | 5.30 |
| EBITDA Margin (%) | 22.61% | — | — |
| PAT Margin (%) | 12.86% | — | — |
Sihora Industries Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: