Established in the year 2000, Signatureglobal (India) Limited is a prominent player in the real estate development sector. The company’s operations are primarily focused on the National Capital Region of Delhi (“Delhi NCR”), with a specific emphasis on providing affordable and mid-segment housing solutions.
Signatureglobal (India) commenced its journey with the Solera project, situated on 6.13 acres of land in Gurugram, Haryana. Since then, the company has experienced remarkable growth. As of March 2023, Signatureglobal (India) had successfully sold 27,965 residential and commercial units, all strategically located within the Delhi NCR region. Notably, the company achieved a notable Sales Growth with a Compound Annual Growth Rate (CAGR) of 42.46%, surging from Rs. 16,902.74 million in Fiscal 2021 to Rs. 34,305.84 million in Fiscal 2023.
Signatureglobal (India) Limited places a strong emphasis on aligning with Government of India and state government policies that promote affordable housing. These policies, such as the Affordable Housing Policy, 2013, the Affordable Plotted Housing Policy, and the Deen Dayal Jan Awas Yojana (“DDJAY – APHP”), play a pivotal role in assisting customers in realizing their dream of owning a home.
The company’s vision revolves around offering “value homes,” which are characterized by their appealing designs and amenities. Additionally, Signatureglobal (India) actively seeks opportunities to enhance the value of its projects and create an improved living environment for its customers.
Signatureglobal India IPO Details #
Signatureglobal India IPO is a Book Built Issue. The IPO total issue size is Rs 730.00 Cr. The Signatureglobal India IPO price is ₹366 to ₹385 per share. The IPO will list on BSE, NSE.
IPO Date | September 20, 2023 to September 22, 2023 |
Listing Date | [.] |
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 |
Share holding post issue | 129,421,138 |
Signatureglobal 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 |
Signatureglobal India IPO Timetable (Tentative) #
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 |
IPO Lot Size #
The minimum lot size of this Signatureglobal India IPO is 38 shares required is ₹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 |
Lot Size Calculator |
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.
Pre Issue Share Holding | 78.36% |
Post Issue Share Holding | 69.63% |
Company Financials #
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 #
KPI | Values |
---|---|
Market Cap (₹ Cr.) | 5409.66 |
EPS (Rs) | -5.44 |
Objects of the Issue #
The Company proposes to utilize the Net Proceeds towards the funding of 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 our Subsidiaries, namely Signatureglobal Homes, Signature Infrabuild, Signatureglobal Developers, and Sternal Buildcon for re-payment or pre-payment, in full or in part, of certain borrowings availed by the Subsidiaries;
- Inorganic growth through land acquisitions and general corporate purposes.
IPO Prospectus #
Company Contact Information #
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/
Registrar #
Phone: +91-22-4918 6270
Email: Signatureglobal.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
Lead Manager(s) #
- ICICI Securities Limited (Past IPO Performance)
- Axis Capital Limited (Past IPO Performance)
- Kotak Mahindra Capital Company Limited (Past IPO Performance)
FAQs #
What is the total issue size of IPO? #
The total issue size of IPO is ₹730.00 Crores.
What is the IPO price for Signatureglobal India shares? #
The IPO price for Signatureglobal India shares is ₹366 to ₹385 per share.
What is the minimum lot size for IPO? #
The minimum lot size for IPO is 38 shares, requiring an investment of ₹14,630.
When does IPO open and close? #
IPO opens on September 20, 2023, and closes on September 22, 2023.
Who are the promoters? #
The promoters of the company are 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.
What are the key financial indicators of Signatureglobal (India) Limited as of March 31, 2023? #
Earnings Per Share (EPS): ₹-5.44
Please note that the information provided in the FAQs is based on the data available. For the latest updates and detailed information, please refer to the official sources and the prospectus.