SignatureGlobal India Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Largest affordable and mid segment real estate developer in Delhi NCR;
• Well-established brand, strong distribution network and digital marketing capabilities translating into faster sales;
• Fast growing with ability to scale up rapidly;
• Ability to provide aspirational lifestyle and amenities at affordable pricing and at strategic locations;
• Standardized product offerings, quick turnaround and end-to-end in-house project execution expertise;

• The company business and profitability is significantly dependent on the performance of the real estate market in the Delhi- NCR region, generally, and particularly in Gurugram and Sohna micro-markets in Haryana. Fluctuations in market conditions may affect its ability to sell the company projects at expected prices, which may adversely affect its revenues and earnings.
• The COVID-19 pandemic adversely affects the company business, financial condition, results of operations, cash flows, liquidity and performance, and it may reduce the demand for its projects in future.
• The withdrawal of certain benefits under the Haryana Affordable Housing Policy, 2013 and the Deen Dayal Jan Awas Yojna, may adversely affect its business, prospects and results of operations.
• The company depends significantly on its residential development business, particularly in the affordable housing category, the success of which is dependent on the company ability to anticipate and respond to consumer requirements.
• The company has incurred net loss in the past, and its may not be able to achieve or maintain profitability in the future.

• Continue to focus on the affordable and lower mid segment housing.
• Further consolidate our leadership position in Gurugram, Haryana and expand selectively in micro-markets within Delhi NCR.
• Focus on growth with cost and price optimization.
• Selectively acquire land to ensure efficient utilization of capital and enter into collaboration agreements to further grow our operations.
• Continue to focus on the affordable and lower mid segment housing.