The Signature Global IPO date has been scheduled; the IPO will go public on September 20 and close on September 22. Signature Global IPO plans to generate approximately 730 crores through an IPO that includes a fresh offering of 603 crores and an offer for sale of up to [.] equity shares 1 apiece. The retail share is 10%, the QIB share is 75%, and the HNI share is 15%.
Signature Global, with a market share of 19%, is the largest real estate development company in the National Capital Region of Delhi (Delhi NCR) in terms of units supplied (in the below 8 million price category) between 2020 and the three months ended March 31, 2023. They began operations in 2014 with the opening of their Solera project on 6.13 acres of land in Gurugram, Haryana, through its subsidiary, Signature Builders Private Limited. They have expanded their activities over the years, and
as of March 31, 2023, they had sold 27,965 residential and commercial units, all inside the Delhi NCR region, totaling 18.90 million square feet. Their sales (net of cancellation) increased by 42.46% year on year, from 16,902.74 million in Fiscal 2021 to 34,305.84 million in Fiscal 2023. They had sold 25,089 residential units as of March 31, 2023, with an average selling price of $3.60 million per home.
Through GoI and state government programmes, Signature Global has strategically concentrated on the Affordable Housing (AH) segment (prices below 4 million) and the Middle Income Housing (MH) segment (prices between 4 million and 2.5 million). Haryana’s state government, through its numerous policies, provides for the development of AH and MH. For example, they have been heavily involved in the development of programmes such as the Affordable Housing Policy, 2013, which was notified by the Town and Country Planning Department, Government of Haryana (AHP), and the Affordable Plotted Housing Policy, also known as the Deen Dayal Jan Awas Yojana (DDJAY – APHP).
Objects of the Issue
- 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.
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Signatureglobal India IPO GMP, Date & Price Band Details
| IPO Open: | September 20, 2023 |
| IPO Close: | September 22, 2023 |
| IPO Size: | Approx ₹730 Crores |
| Fresh Issue: | Approx ₹603 Crores |
| Offer for Sale: | Approx ₹127 Crores |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹366 to ₹385 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
Signatureglobal India IPO Market Lot
The Signatureglobal India IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | 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 | 2622 | ₹1,009,470 |
Signatureglobal India IPO Allotment & Listing Dates
The Signatureglobal India IPO date is 2023 and the close date is 2023. The Signatureglobal India IPO allotment will be finalized on 2023 and the IPO listing on 2023.
| Anchor Investors Allotment: | September 19, 2023 |
| IPO Open Date: | September 20, 2023 |
| IPO Close Date: | September 22, 2023 |
| Basis of Allotment: | September 27, 2023 |
| Refunds: | September 29. 2023 |
| Credit to Demat Account: | October 3, 2023 |
| IPO Listing Date: | October 4, 2023 |
Signatureglobal India IPO Form
How to apply for the Signatureglobal India IPO? –> You can apply for Signatureglobal India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Signatureglobal India IPO in the Invest section. The other option is you can apply for Signatureglobal India IPO via IPO forms downloaded via NSE and BSE. Check out the Signatureglobal India forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Signatureglobal India Company Financial Report
| Year(₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2021 | ₹155 | ₹247 | ₹86.27 |
| 2022 | ₹940 | ₹1076 | ₹115.50 |
| 2023 | ₹1586 | ₹1643 | ₹63.72 |
Signatureglobal India IPO Valuation – FY2023
Check Signatureglobal India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹5.44 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | NA% |
| Net Asset Value (NAV): | ₹3.81 per Equity Share |
Peer Group
- DLF Limited
- Godrej Properties Limited
- Macrotech Developers Limited
- Prestige Estates Projects Limited
- Sobha Limited
Company Promoters
- Pradeep Kumar Aggarwal
- Lalit Kumar Aggarwal
- Ravi Aggarwal
- Devender Aggarwal
- Pradeep Kumar Aggarwal HUF
- Lalit Kumar Aggarwal HUF
- Sarvpriya Securities Private Limited
- Ravi Aggarwal HUF
- Devender Aggarwal HUF
Signatureglobal India IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Signatureglobal.ipo@linkintime.co.in
Website: https://linkintime.co.in
Company Address
Signatureglobal (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
Signatureglobal India IPO Lead Managers
- ICICI Securities Limited
- Axis Capital Limited
- Kotak Mahindra Capital Company Limited
Signatureglobal India IPO FAQs
Q1. What is Signatureglobal India IPO?
Ans. Signatureglobal India IPO is a main-board IPO. They are going to raise ₹1000 Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Signatureglobal India IPO will open?
Ans. The IPO is to open on 2023 for QIB, NII, and Retail Investors.
Q3. What is Signatureglobal India IPO Investors Portion?
Ans. The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
Q4. How to Apply the Signatureglobal India IPO?
Ans. You can apply for Signatureglobal India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Signatureglobal India IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Signatureglobal India”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
Q6. How to Apply the Signatureglobal India IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Signatureglobal India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
Q7. How to Apply the Signatureglobal India IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Signatureglobal India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
Q8. What is Signatureglobal India IPO Size?
Ans. Signatureglobal India IPO size is ₹1000 crores.
Q9. What is Signatureglobal India IPO Price Band?
Ans. Signatureglobal India IPO Price Band is ₹[.] to ₹[.].
Q10. What is Signatureglobal India IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].
Q11. What is the Signatureglobal India IPO Allotment Date?
Ans. Signatureglobal India IPO allotment date is 2023.
Q12. What is the Signatureglobal India IPO Listing Date?
Ans. Signatureglobal India IPO listing date is 2023. The IPO is to list on BSE and NSE.
