Signature Global IPO Date, Price, Subscription, Allotment, Listing Details
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Signature global (India) Limited, Incorporated in the year 2000, is a real estate development company that operates in the National Capital Region of Delhi (“Delhi NCR”). The company specializes in providing affordable and mid-segment housing solutions in terms of the number of units offered.
Signature global (India) embarked on its journey with the Solera project, situated on 6.13 acres of land in Gurugram, Haryana. Since then, the company has experienced significant growth. As of March 2023, Signature global (India) had successfully sold 27,965 residential and commercial units, all located within the Delhi NCR region. In terms of Sales Growth, the company has achieved a remarkable Compound Annual Growth Rate (CAGR) of 42.46%, with revenue increasing from Rs. 16,902.74 million in Fiscal 2021 to Rs. 34,305.84 million in Fiscal 2023.
Signature global (India) Limited places a strong emphasis on aligning its projects with the policies of the Government of India and state governments that promote affordable housing. These policies include the Affordable Housing Policy of 2013, the Affordable Plotted Housing Policy, and the Deen Dayal Jan Awas Yojana (“DDJAY – APHP”), among others.
The company’s vision is to offer “value homes” that combine appealing architectural designs with modern amenities. Additionally, Signature global (India) actively seeks to enhance the value of its projects and create improved living environments for its customers.
Objects of the Issue (Signature global India IPO Objectives)
The Company intends to utilize the Net Proceeds from the IPO to achieve the following objectives:
- Repayment or prepayment, either in full or in part, of specific borrowings obtained by the Company.
- Infusion of funds into certain Subsidiaries, namely Signature global Homes, Signature Infrabuild, Signature global Developers, and Sternal Buildcon, for the purpose of repayment or prepayment, either in full or in part, of specific borrowings obtained by these Subsidiaries.
- Pursue inorganic growth opportunities through land acquisitions.
- Address general corporate purposes.
Signature global India IPO Details
The Signature global India IPO is a book-built issue with a total value of ₹730.00 crores. This comprises a fresh issue of 1.57 crore shares, amounting to ₹603.00 crores, and an offer for sale of 0.33 crore shares, totaling ₹127.00 crores.
IPO Date | September 20, 2023 to September 22, 2023 |
Listing Date | October 4, 2023 |
Face Value | ₹1 per share |
Price Band | ₹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 |
Share holding post issue | 129,421,138 |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Signature global India IPO Reservation
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 |
Signature global India IPO Lot Size
Investors have the option to bid for a minimum of 38 shares and in multiples thereof. The table below illustrates the minimum and maximum investment limits for retail investors and HNIs in terms of shares and amounts.
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 |
Signature global India IPO Dates
Signature global India IPO opens on September 20, 2023, and closes on September 22, 2023.
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 |
Signatureglobal (India) Limited Financial Report
Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
---|---|---|---|---|
Assets | 2,930.52 | 3,762.37 | 4,430.85 | 5,999.13 |
Revenue | 263.03 | 154.72 | 939.60 | 1,585.88 |
Profit After Tax | -56.57 | -86.28 | -115.50 | -63.72 |
Net Worth | -93.07 | -206.87 | -352.22 | 47.54 |
Reserves and Surplus | -128.87 | -210.78 | -364.01 | 34.08 |
Total Borrowing | 969.36 | 1,176.38 | 1,157.53 | 1,709.75 |
Key Performance Indicator of Signature global (India) Ltd
KPI | Values |
---|---|
Market Cap (₹ Cr.) | 5409.66 |
EPS (Rs) | -5.44 |
Signature global India IPO Promoter Holding
Pradeep Kumar Aggarwal, Lalit Kumar Aggarwal, Ravi Aggarwal, Devender Aggarwal, Pradeep Kumar Aggarwal HUF, Lalit Kumar Aggarwal HUF, Ravi Aggarwal HUF, Devender Aggarwal HUF and Sarvpriya Securities Private Limited are the promoters of the Company.
Share Holding Pre Issue | 78.36% |
Share Holding Post Issue | 69.63% |
Signature global India IPO Contact Details
Signature global (India) Limited
13th Floor, Dr. Gopal Das Bhawan,
28 Barakhamba Road, Connaught Place,
New Delhi 110 001
Phone: +91 11 4928 1700
Email: cs@signatureglobal.in
Website: http://www.signatureglobal.in/
Signature global India IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Signatureglobal.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
Signature global India IPO FAQs
What is Signature global India IPO?
Signature global India IPO is a main-board IPO consisting of 18,961,039 equity shares with a face value of ₹1, aggregating up to ₹730.00 Crores. The share price for this IPO ranges from ₹366 to ₹385 per share. The minimum order quantity is 38 Shares. The IPO subscription period is from September 20, 2023, to September 22, 2023.
Link Intime India Private Ltd is the registrar for the IPO.
The shares are planned to be listed on BSE and NSE.
How to apply for Signature global India IPO through Zerodha?
To apply for the Signature global India IPO through Zerodha, you can use UPI as a payment gateway. Zerodha customers can submit an IPO application form by logging into Zerodha Console (back office) following these steps:
1. Visit the Zerodha website and log in to Console.
2. Navigate to the Portfolio section and click on the IPOs link.
3. Find the ‘Signature global India IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. Submit the IPO application form.
6. Visit the UPI App (net banking or BHIM) to approve the mandate.
When does the Signature global India IPO open?
The Signature global India IPO opens on September 20, 2023, and closes on September 22, 2023.
What is the lot size of Signature global India IPO?
The Signature global India IPO lot size is 38 Shares, and the minimum investment amount required is ₹14,630.
How can I apply for the Signature global India IPO?
You can apply for the Signature global India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available through the net banking of your bank account, while UPI IPO application is offered by brokers who don’t provide banking services. You can find more details about applying for IPOs online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When will the allotment of Signature global India IPO take place?
The finalization of the Basis of Allotment for Signature global India IPO is scheduled for Wednesday, September 27, 2023. The allotted shares will be credited to your demat account by Tuesday, October 3, 2023. You can check the Signature global India IPO allotment status.
When is the listing date for Signature global India IPO?
The listing date for the Signature global India IPO has not yet been announced. The tentative listing date for the IPO is Wednesday, October 4, 2023.