Signoria Creation Limited IPO Detail
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 August 31, 2023, Signoria had 147 employees, including 22 permanent employees, 63 contract employees and 62 temporary employees in the departments of accounting and finance, compliance, maintenance, marketing and logistics, production and operations, quality, top management and permanent employees.
Company Promoters
Mr. Vasudev Agarwal and Ms. Babita AgarwalIPO Details
| IPO Opening Date | Mar 12, 2024 |
| IPO Closing Date | Mar 14, 2024 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹61 - 65 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹9.28 Cr |
| Fresh Issue | ₹9.28 Cr |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.32x | 0.00x | 0.00x | 37.90x | 79.96x | 50.12x |
| Day 2 | 0.40x | 0.00x | 0.00x | 101.49x | 235.43x | 145.01x |
| Day 3 | 107.56x | 0.00x | 0.00x | 1290.56x | 649.88x | 666.32x |
IPO Tentative Timetable
The Signoria Creation Limited IPO open date is Mar 12, 2024, and the close date is Mar 14, 2024. The issue may list on Mar 19, 2024.
| IPO Open Date | Mar 12, 2024 |
| IPO Close Date | Mar 14, 2024 |
| Basis of Allotment Date | Mar 15, 2024 |
| Initiation of Refunds | Mar 18, 2024 |
| Credit of Shares to Demat Account | Mar 18, 2024 |
| IPO Listing Date | Mar 19, 2024 |
IPO Lot Size
The Signoria Creation Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹130000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹130000 |
| Maximum | 1 | 2000 | ₹130000 |
IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 597.88 | 588.98 | 32.60 |
| 31-Mar-22 | 950.76 | 1181.64 | 67.53 |
| 31-Mar-23 | 2334.92 | 1915.81 | 231.05 |
| 30-Jun-23 | 2462.13 | 310.23 | 39.03 |
Objects of the Issue:
The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the Company; and
- General corporate purposes.
Signoria Creation Limited IPO Registrar:
Bigshare Services Pvt Ltd
Signoria Creation Limited IPO Lead Manager(s):
Holani Consultants Private Limited
Company Contact Information:
Signoria Creation Limited
324, Ayekar Nagar II,
Near RICCO Industrial Area, Mansarovar,
Jaipur – 302020
