Hold onto your hats, investors! Signature Global IPO is here. As the company announced going public, we are here to give you all the details about the Initial Public Offering (IPO) of SignatureGlobal IPO. The company is one of India’s real estate development companies in the National Capital Region of Delhi (“Delhi NCR”).
In this article, you will get information about the IPO, such as Price, lot size, GMP( Grey Market Price ), opening and closing Date of IPO, subscription rate, allotment Date, and lots more.
From the opening date to the IPO price, lot size, how to apply for IPO, Live GMP, and beyond, Committed to keeping you informed every step of the way.
Stay tuned as we explore SignatureGlobal India’s history, market analysis, and future growth possibilities. It’s an IPO that promises huge opportunities, and we’re here to make sure you’re ready to take advantage of them.
Join us on this journey as we unveil the details of Signature Global IPO.
Signature Global IPO Details
Signature Global IPO, opening from September 20 to September 22, 2023. Priced between ₹366 to ₹385 per share. IPO offers investors an attractive opportunity, with a face value of ₹1 which means no chances of a stock split in the future. The minimum lot size for retail investors is 38 shares (₹14,630), and the total issue size is ₹730.00 Crores. SignatureGlobal will list its IPO on October 4, 2023, on both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
Signatureglobal IPO – Mark Your Calendar!
Prepare yourself for a significant financial opportunity as the application for the IPO is about to open. Here are key details:
IPO Date: The subscription window for Signatureglobal IPO opens on September 20, 2023, and closes on September 22, 2023.
Price Band: The company has set the price per share in the range of ₹366 to ₹385, making it affordable for investors across all price ranges.
Face Value: Each share has a face value of ₹1.
Lot Size: The minimum retail investor lot size for this IPO is 38 shares (₹14,630), allowing small retail investors to participate in this IPO.
Total Issue Size: Signature Global IPO has a total issue size aggregating up to ₹775.00 Crores.
Fresh Issue: The fresh issue aggregates up to ₹603.00 Crores.
Check the table for more details…
| IPO Date Opening Date | September 20, 2023 |
| IPO Date Closing Date | September 22, 2023 |
| IPO allotment Date | September 27, 2023 |
| Initiations of refund (if not allotted) | September 29, 2023 |
| Credits of shares to demat (if allotted) | October 3, 2023 |
| Listing Date | October 4, 2023 |
| Face Value | ₹1 per share |
| Price | ₹366 to ₹385 per share |
| Lot Size (Min. retail) | 38 Shares (₹14,630) |
| Total Issue Size | (aggregating up to ₹730.00 Crores) |
| Fresh Issue | (aggregating up to ₹603.00 Crores) |
| Offer for Sale | 3,298,701 shares of ₹1 (aggregating up to ₹127.00 Cr) |
| Listing At | NSE and BSE |
| Shareholding pre-issue | 113,758,800 |
Stay tuned with us for further details about the IPO.
About Signature Global India IPO
Signatureglobal India was founded in 2014 through its subsidiary, Signature Builders Private Limited, and it is well established in Delhi-NCR. It became one of India’s leading real estate development companies in the Delhi NCR. The company focused on providing residences in the under $8 million price range between the year 2019 and 2021, with a market share of 19%, that are affordable and mid-segment housing.
The company sold 21,478 residential units as of March 31, 2021, with an average selling price of 2.81 million per unit.
The Affordable Housing Policy (AHP), 2013 notified by the Town and Country Planning Department, Government of Haryana, and the Affordable Plotted Housing Policy, or the Deen Dayal Jan Awas Yojana (DDJAY-APHP), are the central and state government policies that support affordable housing that are strategically highlighted.
It also prioritizes sustainable development and incorporates green ideas and practices into its projects, such as solid waste management, solar panels, plumbing fixtures that save water, and sustainable water management facilities.
Each project is situated in the highly developed Delhi NCR region, which is connected to other areas of the same region. Solera, Serenas, and Synera, all of which are in Gurugram, Haryana, are a few of the notable finished projects. City 37D, Sunrise, and Prime are three popular ongoing projects that are located in Gurugram, Karnal, and Gurugram, respectively.
SignatureGlobal Info
| Company Information | Company Details |
|---|---|
| Company Name | SignatureGlobal India |
| Ticker Symbol (NSE) | To be updated |
| Ticker Symbol (BSE) | To be updated |
| Industry | real estate development |
| Founded | 2014 |
| Headquarters | 13th Floor, Dr. Gopal Das Bhawan, 28 Barakhamba Road, Connaught Place, New Delhi 110 001 |
| Website | https://www.signatureglobal.in/ |
| Promoters | 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 |
| Products/Services | real estate |
| Market Presence | India |
| Ownership Structure | To be a Publicly traded company |
| Financial Highlights (2022-2023) | Net Worth: ₹47.54 in crore |
| Profit After Tax: (-₹63.72) in crore | |
| Assets: ₹5,999.13 in crore | |
| Key Customers | – |
| Competitors | – |
| Regulatory Environment | Compliant with SEBI regulations |
SignatureGlobal GMP Today
Signature Global Today GMP ( Grey Market Price ): 77
| GMP Rate | 20.23% |
| GMP in INR | 77 |
SignatureGlobal IPO allotment link
Signature Global India IPO Lot Size
The minimum lot size for the retail investor of Signature Global India IPO is required to purchase a minimum of 38 shares (₹14,630).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 38 | ₹14,910 |
| Retail (Max) | 13 | 494 | ₹190,190 |
| S-HNI (Min) | 14 | 532 | ₹204,820 |
| S-HNI (Max) | 67 | 2,584 | ₹994,840 |
| B-HNI (Min) | 68 | 2,622 | ₹1,009,470 |
Signature Global 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 Financial Information (Consolidated)
| Period Ended | 31 Mar 2023 |
| Assets | 5,999.13 |
| Revenue | 1,585.88 |
| Profit After Tax | (-63.72) |
| Net Worth | 47.54 |
| Reserves and Surplus | — |
| Total Borrowing | 47.54 |
SignatureGlobal Key Performance Indicator (KPI)
| KPI | Values |
|---|---|
| Market Cap (₹ Cr.) | 5409.66 |
| EPS (Rs) | -5.44 |
FAQ
1. What is Signature Global IPO?
Ans. SignatureGlobal is a main-board IPO. The face value of ₹1 aggregates up to ₹730.00 Crores. The minimum issue price band for the retail investor is ₹366 and the maximum price band for the retail investor is ₹385 per share. The minimum order quantity is 38 Shares (₹14,630). The SignatureGlobal IPO opens on September 20, 2023, and closes on September 22, 2023. linkintime Limited is the registrar for the IPO. The company has proposed to list the shares on both BSE and NSE.
2. When is the Signature Global India IPO scheduled to take place?
Ans. The IPO date for Signature Global India IPO is scheduled for September 20, 2023.
3. What is the IPO price of Signature Global shares?
Ans. The IPO price is the price at which Signature Global shares will be initially offered to the public. The IPO price for Signatureglobal IPO is set at between ₹366 to ₹385 per share.
4. What is the Grey Market Premium (GMP) for Signature Global IPO
Ans. The Grey Market Premium (GMP) reflects the premium at which shares of Signatureglobal are trading in the unofficial, secondary market before the official listing. Currently, the GMP for SignatureGlobal IPO is ₹77 (20.23%).
5. Where can I find a review and analysis of the Signature Global India IPO prospectus?
Ans. You can find a comprehensive review and analysis of the Signature Global India IPO prospectus on the official website of SEBI.
6. How can I apply for Signatureglobal India IPO shares?
Ans. To apply for Signatureglobal India IPO shares, you can follow the instructions provided in the prospectus or contact your broker. You can apply online or submit a physical application form through your broker’s platform.
7. What are the key details about Signature Global’s business and industry?
Ans. SignatureGlobal is a company in India that builds affordable homes. They focus on providing budget-friendly housing to middle and lower-income people. They have projects in different parts of India, and the government supports this kind of housing. Real estate in India is competitive, and the company faces challenges like rules, money, and changing markets. Success depends on adapting to change and delivering good projects.
8. What are the risk factors associated with investing in SignatureGlobal IPO?
Ans. Investing in an IPO carries certain risks, including market, business, and regulatory risks. SignatureGlobal IPO prospectus provides a detailed list of risk factors that potential investors should review carefully.
9. What is the size of the SignatureGlobal IPO offering?
Ans. The size of the SignatureGlobal IPO offering refers to the total value of shares made available to the public. The offering size for SignatureGlobal IPO is ₹730.00 Crore.
10. When is the opening date & closing date of the IPO for SignatureGlobal?
Ans: The opening date for SignatureGlobal IPO is September 20, 2023, and the closing date is September 22, 2023.
11. What is the minimum lot size and order quantity for SignatureGlobal IPO?
Ans: The minimum lot size for SignatureGlobal IPO is ₹14,630, and the minimum order quantity required for participation is 38 shares.
12. Who is the registrar for Signature Global IPO?
Ans: The registrar for Signature Global IPO is Linkintime.
Conclusion
In summary, Signature Global IPO is an exciting opportunity for the investor to gain profit on a listing day with expectations of 20% or more return. We have discussed about the company and details of Signature Global with live Signature Global IPO GMP prices, allotment date, and more. Keep an eye on market dynamics, do your own research before applying to the IPO, and stay tuned for updates
Disclaimer :
- IPO Grey Market Premium (Signature Global IPO GMP): The mention of Signature Global IPO Grey Market Premium (GMP) is approximate, not accurate, and may change over time.
- No Buying or Selling of IPO Forms: Please be aware that we do not facilitate the buying and selling of IPO forms within the IPO Grey Market.