Signatureglobal (India) IPO is scheduled to hit the market on September 20, 2023 and close on September 22, 2023. Signatureglobal (India) plans to raise around ₹730.00 Cr through an IPO with a sale of up to 18,961,039 equity shares of ₹1 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Founded in the year 2000, Signatureglobal (India) Limited is a prominent player in the real estate development sector, primarily focusing on providing affordable and mid-segment housing solutions in the National Capital Region of Delhi (“Delhi NCR”). The company embarked on its journey with the Solera project, spanning 6.13 acres in Gurugram, Haryana, and has since experienced remarkable growth.
As of March 2023, Signatureglobal (India) Limited has successfully sold 27,965 residential and commercial units, all situated within the Delhi NCR region. Notably, they’ve achieved an impressive Sales Growth with a CAGR of 42.46%, escalating from Rs. 16,902.74 million in Fiscal 2021 to Rs. 34,305.84 million in Fiscal 2023.
Signatureglobal (India) IPO Details
Signatureglobal (India) IPO opens on Sept 20, 2023, and closes on Sep 22, 2023. The Listing date for Signatureglobal (India) IPO is on Oct 04, 2023. The price band for IPO is ₹366 to ₹385 per share and lot size of 38 Shares.
| IPO Date | Sept 20, 2023 to Sept 22, 2023 |
| Listing Date | Oct 04, 2023 |
| Price | ₹366 to ₹385 per share |
| Lot Size | 38 Shares |
| Issue Size | ₹730.00 Cr |
| Face Value | ₹1 per share |
Signatureglobal (India) IPO Tentative Timetable
Signatureglobal (India) opening date is September 20, 2023 and close date is September 22, 2023. The IPO allotment date is September 27, 2023. The refund initiation of IPO is on September 29, 2023. The credit of shares in demat account is on October 3, 2023. The listing date is on October 4, 2023.
| Event | Date |
|---|---|
| IPO Opening | Sept 20 2023 |
| IPO Closing | Sept 22, 2023 |
| IPO Allotment Date | Sept 27, 2023 |
| Refund Initiation | Sept 29, 2023 |
| Shares Credit to Demat | Oct 03, 2023 |
| Lisiting Date | Oct 04, 2023 |
Signatureglobal (India) IPO Lot Size
Lot Size of this IPO is 38 shares. A retail-individual investor can apply for up to 13 lots (494 shares or ₹190,190).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 38 | ₹14,630 |
| Retail(Maximum) | 13 | 494 | ₹190,190 |
| S-HNI (Minimum) | 14 | 532 | ₹204,820 |
| B-HNI (Minimum) | 69 | 2,622 | ₹1,009,470 |
Signatureglobal (India) IPO Promoter Holding
| Pre Issue Share Holding | 78.36% |
| Post Issue Share Holding | 69.63% |
Signatureglobal (India) IPO Review
Signatureglobal (India) Limited, a real estate development company, is set to go public with an IPO. Established in 2000, the company primarily focuses on providing affordable and mid-segment housing within the Delhi NCR region. With a history of sales growth and a commitment to offering “value homes” with attractive designs and amenities, Signatureglobal aims to cater to the housing needs of its customers.
In terms of financial performance, the company has shown substantial sales growth, achieving a CAGR of 42.46% from Fiscal 2021 to Fiscal 2023. However, it’s important to note that the company reported losses in the past, but it has managed to turn the corner with positive earnings in FY23.
The Signatureglobal India IPO, with a total issue size of Rs 730.00 Crores, will open for subscription from September 20, 2023, to September 22, 2023. The IPO is a combination of fresh equity shares and an offer for sale, with a price range of ₹366 to ₹385 per share. It will list on both BSE and NSE. Investors should assess the company’s financials and prospects before considering participation in this IPO.
Signatureglobal (India) IPO Subscription Status (Bidding Details)
| Investor | Subscription |
|---|---|
| Qualified Institutions (QII) | 0 |
| Non-Institutional Buyers | 0 |
| bNII (bids above ₹10L) | 0 |
| sNII (bids below ₹10L) | 0 |
| Retail Investors(RII) | 0 |
| Employees | 0 |
| Others | 0 |
| Total | 0 |
Signatureglobal (India) IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Signatureglobal (India) IPO FAQs
What is Signatureglobal (India) IPO?
Signatureglobal (India) is issuing 18,961,039 equity shares with a face value of ₹1 each, totaling up to ₹730.00 Cr. The shares are being offered at a price of ₹366 to ₹385 each, with a minimum order quantity of 38 shares.
Link Intime India Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Signatureglobal (India) IPO will open?
Signatureglobal (India) will open on September 20, 2023 for QIB, NII, and Retail Investors.
When Signatureglobal (India) IPO will end?
Signatureglobal (India) will end on September 22, 2023.
What is Signatureglobal (India) IPO Size?
Signatureglobal (India) IPO size is 730.00 Cr.
What is Signatureglobal (India) IPO Price Band?
Signatureglobal (India) price band is ₹366 to ₹385.
What is the Signatureglobal (India) IPO Allotment Date?
Signatureglobal (India) allotment date is 27 September 2023.
What is the Signatureglobal (India) IPO Listing Date?
Signatureglobal (India) listing date is 04 October 2023. The IPO is to be listed on BSE and NSE.
How to Apply Signatureglobal (India) IPO through Zerodha?
To apply for the IPO “Signatureglobal (India)” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don’t have one, open a demat account with Zerodha.
How to Apply Signatureglobal (India) IPO through Upstox?
To apply for the IPO “Signatureglobal (India)” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don’t have one, open a demat account with Upstox.
How to check Signatureglobal (India) IPO Allotment Status?
For Signatureglobal (India) IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Signatureglobal (India) IPO GMP?
You can check out here: Signatureglobal (India) IPO GMP