Signatureglobal (India) Limited IPO

Price
₹366 - ₹385
Lot
38
Subs.
12.5
Expected Listing Earning

Exp. Premium(GMP):
35.00(9.09%)
IPO Details

Open Date: 20-Sep-2023
Close Date: 22-Sep-2023
Allotment Date: 26-Dec-2023
Listing Date: 27-Sep-2023
Listing Price: ₹760.2/-
Face Value: ₹1 Per Equity Share
Issue Price: ₹366-385 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹14,630 : S-HNI - ₹204,820 : B-HNI - ₹1,009,470
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved5,948,079 2,844,1561,896,10410,688,339
Day 1 - 20-09-23 
05:00 PM
0.00x1.50x0.97x0.57x
Day 2 - 21-09-23 
05:00 PM
0.66x3.22x2.69x1.70x
Day 3 - 22-09-23 
05:00 PM
13.37x14.24x7.17x12.50x
Total No. of Application:3,49,431 (Approx.)
Retail Subscription on the basis of Apps:7.00x
Valuations

Earning Per Share(EPS)₹-5.44/-
P/E RatioN/A
RoNWN/A%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,20235,999.131,585.88-63.72
31 Mar,20224,430.85939.60-115.50
31 Mar,20213,762.37154.72-86.28
Promoter(s)

Pre Issue Share Holding78.36%
Post Issue Share Holding69.63%
Company Promoter(s)
1. Pradeep Kumar Aggarwal
2. Lalit Kumar Aggarwal
3. Ravi Aggarwal
4. Devender Aggarwal
5. Pradeep Kumar Aggarwal HUF
6. Lalit Kumar Aggarwal HUF
7. Ravi Aggarwal HUF
8. Devender Aggarwal HUF
9. Sarvpriya Securities Private Limited
Issue Objective(s)

The Company proposes to utilize the Net Proceeds towards the funding of the following objects:

  1. Re-payment or pre-payment, in full or in part, of certain borrowings availed by the Company;
  2. 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;
  3. Inorganic growth through land acquisitions and general corporate purposes.
About Company

Incorporated in 2000, Signatureglobal (India) Limited is a real estate development company. The company operates in the National Capital Region of Delhi ("Delhi NCR") focussed on offering affordable and mid-segment housing in terms of units supplied.

Signatureglobal (India) started its operations with its Solera project on 6.13 acres of land in Gurugram, Haryana and today has grown tremendously. As of March 2023, the company had sold 27,965 residential and commercial units, all located within the Delhi NCR region. In terms of Sales Growth too, they have attained a CAGR of 42.46%, from Rs. 16,902.74 million in Fiscal 2021 to Rs. 34,305.84 million in Fiscal 2023.

Signatureglobal (India) Limited focuses on GoI and state government policies supporting affordable housing in order to assist customers in realizing their dream of having their own home. Policies like Affordable Housing Policy, 2013, the Affordable Plotted Housing Policy or the Deen Dayal Jan Awas Yojana ("DDJAY - APHP"), and so on.

The company aspires to offer "value homes" which are a combination of attractive designs and amenities. Another aspect that the company proactively seeks is to enhance the value of its projects and create a better living environment.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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