Signatureglobal IPO Price: ₹366 to ₹385 per share
IPO Date Range: Sep 20, 2023 - Sep 22, 2023
Established in 2000, Signatureglobal (India) Limited is a distinguished player in the real estate development sector. The company primarily operates in the National Capital Region of Delhi (Delhi NCR), where it has carved a significant niche by specializing in creating affordable and mid-segment housing solutions.
Inaugural Endeavor: The journey of Signatureglobal commenced with the development of the Solera project, encompassing an expansive 6.13 acres in Gurugram, Haryana.
Sales Milestone: As of March 2022, Signatureglobal has achieved a commendable feat, successfully selling 23,453 residential and commercial units strategically situated within the Delhi NCR region.
Impressive Sales Growth: The company has demonstrated an exceptional Compound Annual Growth Rate(CAGR) of 142.62% in sales, surging from Rs. 4,400.10 million in Fiscal 2020 to an impressive Rs. 25,900.38 million in Fiscal 2022.
Signatureglobal (India) Limited is proficient in harnessing government policies that promote affordable housing. Their strategies are closely aligned with initiatives such as the Affordable Housing Policy 2013 and the Deen Dayal Jan Awas Yojana (DDJAY - APHP). Their mission revolves around fulfilling the aspirations of individuals to own their dream homes. The company's vision encompasses delivering "value homes" seamlessly blending captivating designs with contemporary amenities. Additionally, they prioritize enhancing the overall value of their projects, fostering an enriched living environment.
| IPO Date | September 20, 2023 to September 22, 2023 |
| Listing Date | Wednesday, October 4, 2023 |
| Face Value | ₹1 per share |
| Price | ₹366 to ₹385 per share |
| Lot Size | 38 Shares |
| Total Issue Size | 18,961,039 shares (aggregating up to ₹730.00 Cr) |
| Fresh Issue | 15,662,338 shares (aggregating up to ₹603.00 Cr) |
| Offer for Sale | 3,298,701 shares of ₹1 (aggregating up to ₹127.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 113,758,800 |
| Shareholding post issue | 129,421,138 |
The minimum lot size to apply in this Signatureglobal (India) IPO consists of 38 shares, requiring an investment of ₹14,630.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 38 | ₹14,630 |
| Retail (Max) | 13 | 494 | ₹190,190 |
| S-HNI (Min) | 14 | 532 | ₹204,820 |
| S-HNI (Max) | 68 | 2,584 | ₹994,840 |
| B-HNI (Min) | 69 | 2,622 | ₹1,009,470 |
| QIB Shares Offered | Not less than 75.00% of the Net offer |
| NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
| Retail Shares Offered | Not less than 10.00% of the Offer |
| IPO Open Date | Wednesday, September 20, 2023 |
| IPO Close Date | Friday, September 22, 2023 |
| Basis of Allotment | Wednesday, September 27, 2023 |
| Initiation of Refunds | Friday, September 29, 2023 |
| Credit of Shares to Demat | Tuesday, October 3, 2023 |
| Listing Date | Wednesday, October 4, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 22, 2023 |
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As of March 31, 2023, the company's assets stood at ₹5,999.13 crores, with a revenue of ₹1,585.88 crores. The profit after tax for the same period was ₹-63.72 crores. Here, you can get the complete data of the past three years:
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 3,762.37 | 4,430.85 | 5,999.13 |
| Revenue | 154.72 | 939.60 | 1,585.88 |
| Profit After Tax | -86.28 | -115.50 | -63.72 |
| Net Worth | -206.87 | -352.22 | 47.54 |
| Reserves and Surplus | -210.78 | -364.01 | 34.08 |
| Total Borrowing | 1,176.38 | 1,157.53 | 1,709.75 |
The market capitalization of Signatureglobal (India) IPO stands at Rs 5409.66 Crore, with a P/E ratio of [.].
| KPI | Values |
|---|---|
| P/E (x) | |
| Market Cap (₹ Cr.) | 5409.66 |
| ROE | |
| ROCE | |
| Debt/Equity | |
| EPS (Rs) | -5.44 |
| RoNW |
The net proceeds from the IPO will be allocated towards:
Prospectus: Official documents that provide detailed information about the IPO and the company. Signatureglobal (India) IPO DRHP and Signatureglobal (India) IPO RHP.
An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.
Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.
The price range for the"Signatureglobal (India)" IPO is ₹366 to ₹385 per share.
The "Signatureglobal (India)" IPO is expected to be listed on Wednesday, October 4, 2023.
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