Signoria Creation Limited IPO

Price
₹61 - ₹65
Lot
2000
Subs.
666.32
Expected Listing Earning

Exp. Premium(GMP):
70.00(107.69%)
IPO Details

Open Date: 12-Mar-2024
Close Date: 14-Mar-2024
Allotment Date: 15-Mar-2024
Listing Date: 19-Mar-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹61-65 Per Equity Share
Issue Size: Total Issue Size 1,428,000 shares (aggregating up to ₹9.28 Cr) : Fresh Issue 1,428,000 shares (aggregating up to ₹9.28 Cr)
Market Lot (Min Amount): Retail - ₹130,000 : HNI - ₹260,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved216,000250,000530,0001,036,000
Day 1 - 12-03-24 
05:00 PM
0.32x37.90x79.96x50.12x
Day 2 - 13-03-24 
05:00 PM
0.40x101.49x235.43x145.01x
Day 3 - 14-03-24 
05:00 PM
107.56x1,290.56x649.88x666.32x
Total No. of Application:172,218 (Approx.)
Retail Subscription on the basis of Apps:649.88x
Valuations

Earning Per Share(EPS)6.94/-
P/E Ratio9.37
RoNW9.96%
Net Asset Value (NAV) - Post Issue:52.54/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,20232,614.56652.9264.52
31 Mar,20232,334.921,915.81231.05
31 Mar,2022950.761,181.6467.53
31 Mar,2021597.88588.9832.60
Promoter(s)

Pre Issue Share Holding100%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Mr. Vasudev Agarwal
2. Ms. Babita Agarwal
3. Mr. Mohit Agarwal
4. Ms. Kritika Chachan
Issue Objective(s)

The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:

  1. Funding working capital requirements of the Company; and
  2. General corporate purposes.
About Company

Founded in 2019, Signoria Creation Limited manufactures and sells women's clothing such as kurtis, pants, tops, co-ord sets, dupattas and gowns.

The company has two manufacturing units, Unit I and Unit II, located in Mansarovar and Sanganer, Jaipur, Rajasthan. On September 08, 2022, the Company acquired a 501.33 square meter plot at H1-74, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan - 302020 near the existing garment manufacturing factory which is currently under construction. The total operational capacity of the factory for the financial year 2022-2023 is over 4,77,000 pieces of quality garments.

As of February 15, 224, Signoria had 153 employees, including 45 permanent employees, and 108 contract employees in the departments of accounting and finance, compliance, maintenance, marketing and logistics, production and operations, quality, top management and permanent employees.

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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Thank you.