The real estate development company Signature Global IPO will be hit the market 20 September 2023 and closes on 22 September 2023. According to RHP, the company wants to raise ₹730.00 crore through IPO. The company will issue fresh shares of ₹603.00 crores through this IPO and will issue shares through offer for sale of ₹127.00 crores.
The company has reserved 75% for QIB, 15% for retail and 10% for NII in this IPO.
Signature Global is the Largest real estate development company in Delhi-NCR, focussed on affordable and mid segment housing (LIG and MIG) in terms of unit supplied (in the below Rs.80 lakh price category) between 2019 and 2021 with a market share of 19%. you can check Signature Global IPO GMP here.
The company strategically focused on GoI and state government policies supporting affordable housing, specifically the Affordable Housing Policy, 2013 notified by the Town and Country Planning Department, Government of Haryana (“AHP”) and the Affordable Plotted Housing Policy or the Deen Dayal Jan Awas Yojana (“DDJAY -APHP”). you can check Signature Global IPO Subscription status here.
| Read also: Upcoming IPO List 2023 |
The company commenced its operations in 2014 through its subsidiary, Signature Builders Private Limited, with the launch of our Solera project on 6.13 acres of land in Gurugram, Haryana. We have grown our operations over the years and in less than a decade, and as of March 31, 2022, we had sold 23,453 residential and commercial units, all within the Delhi NCR region, with an aggregate Saleable Area of 14.59 million square feet.
Object Of the Issue :
- Re-paymentor pre-payment, in full or in part, of certain borrowings availed by our 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 our Subsidiaries
- Inorganic growth through land acquisitions and general corporate purposes
Company Strengths :
- Largest affordable and mid segment real estate developer in Delhi NCR
- Well-established brand, strong distribution network and digital marketing capabilities translating into faster sales
- ast growing with ability to scale up rapidly
- Ability to provide aspirational lifestyle and amenities at affordablepricing andat strategic locations
- Standardized product offerings, quick turnaround and end-to-end in-house project execution expertise
- Positive operating cash flows with low levels of debt
- Strong focus on sustainable development
- Experienced Promoters and professional senior management team with marquee investors
Signature Global IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹-63.72 Cr ₹385 Per Shares -5.44 -70.77x N/A % N/A % N/A % N/A ₹3.81 ₹5,999.13 Cr ₹5409.66 Cr 78.36 % 69.63 % |
| Team Review : | ✔ Apply For Long Term |
Signature Global IPO Date & Price Band & Details :
| IPO Open : | 20 September 2023 |
| IPO Close : | 22 September 2023 |
| Face Value : | ₹1 Equity Share |
| Price Band : | ₹366 – ₹385 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹730.00 Cr {18,961,039 Shares} |
| Fresh Issue : | ₹603.00 Cr {15,662,338 Shares} |
| Offer For Sale : | ₹127.00 Cr {3,298,701 Shares} |
Signature Global IPO Market Lot :
Signature Global IPO Minimum Market lot is 1 Lot with 13 shares with ₹14,630 Application amount. The retail investors can apply up to 12 lots with 494 Shares or ₹190,190 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 38 | ₹14,630 |
| Retail Maximum : | 13 | 494 | ₹190,190 |
| S-HNI Minimum : | 14 | 532 | ₹204,820 |
| S-HNI Maximum : | 68 | 2,584 | ₹994,840 |
| B- HNI Minimum : | 69 | 2,622 | ₹1,009,470 |
Signature Global IPO Shares Offer :
A Total of 18,961,039- shares are to be bid for the public issue by Signature Global IPO with 15,662,338 for Fresh issue and 3,298,701 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 15,662,338 | ₹603.00 Cr |
| Offer For Sale : | 3,298,701 | ₹127.00 Cr |
| Total : | 18,961,039 | ₹730.00 Cr |
Signature Global IPO Reservation :
Signature Global IPO Total Reservation of 18,961,039 shares are to be bid for the public issue by Signature Global IPO with 14,220,779 for QIB and 2,844,156 for NII 1,896,104 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 14,220,779 | ₹547.50 Cr |
| NII : | 15% | 2,844,156 | ₹109.50 Cr |
| RII : | 10% | 1,896,104 | ₹73.00 Cr |
| Total : | 100% | 18,961,039 | ₹730.00 Cr |
Signature Global IPO EPS & RoNW :
The Signature Global company’s EPS growth is decreasing last year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | RoNW | NAV |
|---|---|---|---|
| 2023 | ₹-5.44 | N/A | ₹3.81 |
| 2022 | ₹-10.23 | N/A | ₹-30.96 |
| 2021 | ₹-7.56 | N/A | ₹-18.18 |
Signature Global IPO Peer Comparison PE :
The Signature Global, According to DRHP of the company only few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | DLF Limited | 6.06 |
| 2. | Godrej Properties Limited | 12.68 |
| 3. | Macrotech Developers Limited | 26.28 |
| 4. | Prestige Estates Projects Limited | 28.69 |
| 5. | Sobha Limited | 12.32 |
Signature Global IPO Dates :
Signature Global IPO Date is 20 September 2023 and closes on 22 September 2023. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.
| Anchor Date : | 19 September 2023 |
| Open Date : | 20 September 2023 |
| Close Date : | 22 September 2023 |
| Allotment Date : | 27 September 2023 |
| Refund Date : | 28 September 2023 |
| Share Credit Date : | 29 September 2023 |
| Listing Date : | 03 October 2023 |
Signature Global IPO Form :
There are two ways to apply in Signature Global IPO. You can apply for Signature Global IPO through ASBA available in your bank account. You have to go to your online bank login and select Signature Global IPO in the Invest section and apply through your bank account. Another option is you can apply for Signature Global IPO through IPO form download through NSE and BSE. See the Signature Global IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Signature Global Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹1585.87 | ₹1642.63 | ₹-63.72 |
| 2022 | ₹939.60 | ₹1076.01 | ₹-115.50 |
| 2021 | ₹154.72 | ₹246.65 | ₹-86.28 |
Company Promoters :
■ Pradeep Kumar Aggarwal
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Signature Global IPO Lead Managers :
■ Axis Capital Limited
■ ICICI Securities Limited
■ Kotak Mahindra Capital Company Limited
Signature Global IPO Registrar :
Link Intime India Private Limited
C-101, 1stFloor, 247 Park,
L.B.S. Marg, Vikhroli (West),
Mumbai 400 083Maharashtra, India
Tel:+91 22 4918 6200
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Signature Global IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Signatureglobal (India) Limited
13 thFloor, Dr. Gopal Das Bhawan,
28 Barakhamba Road, Connaught Place,
New Delhi 110 00
Tel:+91 124 4398 011
E-mail:[email protected]
Website: www.signatureglobal.in
Signature Global IPO FAQs :
What is Signature Global IPO?
Signature Global IPO is Mainboard IPO. They are going to raise ₹730.00 Crores via IPO. The issue is priced at ₹366-₹385 per equity share. The IPO is to be listed on NSE, BSE.
When Signature Global IPO will open?
The IPO is to open on 20 Sep – 22 Sep for QIB, NII & RII.
What is Signature Global IPO Size?
Signature Global IPO size is ₹730.00 Crores.
What is the Fresh issue size of Signature Global IPO?
The Fresh issue size of Signature Global IPO ₹603.00 Cr.
What is the Offer For Sale size of Signature Global IPO?
The Offer For Sale size of Signature Global IPO ₹127.00 Cr.
What is Signature Global IPO Price Band?
Signature Global IPO Price Band is ₹366-₹385 Per share.
What is Signature Global IPO Minimum and Maximum Lot Size?
The minimum 38 Shares with ₹14,630 amount while the maximum 494 shares with ₹190,190.
How much is Signature Global IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
When is Signature Global IPO Allotment Date?
Signature Global IPO allotment date is 27 September 2023.
When is Signature Global IPO Listing Date?
Signature Global IPO listing date is 03 October 2023. The IPO to list on NSE, BSE.
How to Apply the Signature Global IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Signature Global IPO”. 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.
How to Apply the Signature Global IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Signature Global IPO”. 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.
How to Apply the Signature Global IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Signature Global IPO”. 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.
How to Apply the Signature Global IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Signature Global IPO”. 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.
| Signature Global IPO GMP: Click Here Signature Global IPO Subscription: Click Here Signature Global IPO Allotment: Click Here Signature Global IPO Listing: Click Here |
All Signature Global IPO-related links are available here. If you want to know the details then click on Click Here Link.
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