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Signatureglobal (India) Limited IPO Detail

Signatureglobal (India) Limited IPO Detail

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.

Company 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

IPO Details

IPO Opening DateSep 20, 2023
IPO Closing DateSep 22, 2023
Issue TypeBook Built Issue IPO
Face Value₹1 per equity share
IPO Price ₹366 - 385 per equity share
Market Lot38 Shares
Min Order Quantity38 Shares
Listing AtBSE, NSE
Issue Size₹730.00 Cr
Fresh Issue₹603.00 Cr
Offer for Sale₹127.00 Cr
Retail Portion 10%

IPO Tentative Timetable

The Signatureglobal (India) Limited IPO open date is Sep 20, 2023, and the close date is Sep 22, 2023. The issue may list on Oct 04, 2023.

IPO Open DateSep 20, 2023
IPO Close DateSep 22, 2023
Basis of Allotment DateSep 26, 2023
Initiation of RefundsSep 29, 2023
Credit of Shares to Demat AccountOct 03, 2023
IPO Listing DateOct 04, 2023

IPO Lot Size

The Signatureglobal (India) Limited IPO market lot size is 38 shares. A retail-individual investor can apply for up to 13 lots (494 shares or ₹190190).

ApplicationLotsSharesAmount (Cut-off)

IPO Promoter Holding

Pre Issue Share Holding78.36%
Post Issue Share Holding69.63%

Company Financials:

For the year/period ended (₹ in Cr.)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-21 3762.37 3762.37 -86.28
31-Mar-22 4430.85 939.60 -115.50
31-Mar-23 5999.13 1585.88 1585.88

Objects of the Issue:

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.

Signatureglobal (India) Limited IPO Registrar:

Link Intime India Private Ltd

Signatureglobal (India) Limited IPO Lead Manager(s):

ICICI Securities Limited Axis Capital Limited Kotak Mahindra Capital Company Limited

Company Contact Information:

Signatureglobal (India) Limited

13th Floor, Dr. Gopal Das Bhawan,

28 Barakhamba Road, Connaught Place,

New Delhi 110 001