5v to 4.3v Regulator - For SIM800 module
I planned to use 3.7v LIPO battery


That's what your SIM800 module is intended to be directly powered by, without any intervening boost or buck converter.

Behind all the misdirection of a title that doesn't describe what you are actually trying to do, your question is an exercise in going around in a circle right back to where you started.  Don't try to convert energy from the lithium cell to some other voltage and then from there to the allowed input range of the SIM800 (which is very intentionally that of a single lithium cell), rather use the parts as they were intended to be used.


  i guess it has current 800mA..


No, it has a capacity of 800 milliamp hours, not 800 milliamps.

A phone or RC model type lithium cell you would find today would have a "C" rating of 10 or better, but even if we assumed one of only 5, that would predict that your cell should be expected to be able to support pulse loads of 5 times the one-hour draw rate, which would be .8 * 5 = 4 amps.