SignatureGlobal India Ltd
Price Range
₹366 - ₹385
Min. Quantity
38
Closes on
22 September 2023
Min. investment
₹14,630/494 Shares
SignatureGlobal India Ltd IPO Timeline
SignatureGlobal India Limited was originally incorporated as a Private Limited Company under in the name of Ridisha Marketing Private Limited' dated March 28, 2000 by the RoC. The name of Company was changed to SignatureGlobal (India) Private Limited' for undertaking real estate activities on January 6, 2014, and a fresh Certificate of Incorporation dated January 20, 2014 was issued by the RoC. Thereafter, the Company converted from a Private Limited Company to a Public Limited Company and the name of Company was changed to SignatureGlobal (India) Limited'through fresh Certificate of Incorporation dated March 10, 2022 consequent upon Change of Name and upon Conversion to a Public Limited Company granted by the RoC.
| Event | Date |
|---|---|
| SignatureGlobal India Ltd IPO Opening Date | 20 September 2023 |
| SignatureGlobal India Ltd IPO Closing Date | 22 September 2023 |
| Basis of Allotment | 27 September 2023 |
| Initiation of Refunds | 29 September 2023 |
| Credit of Shares to Demat | 3 October 2023 |
| SignatureGlobal India Ltd IPO Listing Date | 27 September 2023 |
SignatureGlobal India Ltd IPO Details
| SignatureGlobal India Ltd IPO Date | 20 September 2023 to 22 September 2023 |
| SignatureGlobal India Ltd IPO Face Value | ₹1 per share |
| SignatureGlobal India Ltd IPO Price | ₹366 to ₹385 per share |
| SignatureGlobal India Ltd IPO Lot Size | 38 |
| Issue Size | Shares of ₹1 (aggregating up to ₹730 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹603 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹127 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 62,56,858 of the Net Offer |
| Retail Shares Offered | Not less than 19,94,535 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 29,91,803 of the Net Offer |
| Company Promoters | Pradeep Kumar Aggarwal, Lalit Kumar Aggarwal, Ravi Aggarwal |
SignatureGlobal India Ltd IPO Lot Size
The SignatureGlobal India Ltd IPO lot size is 38 shares. A retail-individual investor can apply for up to 13 lots (494 shares or ₹1,90,190).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 38 | ₹14,630 |
| Maximum | 13 | 494 | ₹1,90,190 |
- Strengths
- Risks
- Opportunities
- 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;
- Positive operating cash flows with low levels of debt;
- Strong focus on sustainable development; and
- Experienced Promoters and professional senior management team with marquee investors.
Company Financials
SignatureGlobal India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 3,660.49 | 961.41 | 22.16 |
| 03-2023 | 2,088.26 | 930.1 | -112.53 |
| 03-2022 | 2,019.95 | 441.06 | -69.56 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Re-payment or pre-payment, in full or in part of certain borrowings availed by the company
- Infusion of funds in certain of the subsidiary namely Signatureglobe Homes, Singnature Infrabuild, Signatureglobe Developers & Sternal Buildcon for re-payment or pre-payment, in full or in part of certain borrowings availed by the Subsidiaries
- Inorganic growth through land acquisition and general corporate purposes
SignatureGlobal India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 7.37% |
| Post Issue Share Holding | 6.55% |
SignatureGlobal India Ltd IPO Subscription Status (Bidding Detail)
The SignatureGlobal India Ltd IPO is subscribed 11.88 times on 22 September 2023 05:00:00 PM. The public issue subscribed 6.82 times in the retail category, 12.71 times in the QIB category, and 13.54 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 12.71 | 13.54 | 6.82 | - | 11.88 |
SignatureGlobal India Ltd IPO Prospectus
SignatureGlobal India Ltd IPO Listing Date
| Listing Date | 27 September 2023 |
| BSE Script | 543990 |
| NSE Symbol | SIGNATURE |
| Listing In | BSE, NSE |
| ISIN | INE903U01023 |
| IPO Price | ₹385 |
| Face Value | ₹1 |
Company Contact Information
13th Floor Dr Gopal Das Bhawan28Barakhamba Road Connaught Pl,New Delhi-110001
Phone: 91-11-4928 1700
Email: cs@signatureglobal.in
Website: www.signatureglobal.in
SignatureGlobal India Ltd IPO Registrar
SignatureGlobal India Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- Axis Capital Ltd
- Kotak Mahindra Capital Company Ltd
FAQ
What is the issue size of SignatureGlobal India Ltd IPO?
I have pre-applied for SignatureGlobal India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.