Signature Global IPO description – The company is the largest real estate developer in the National Capital Region of Delhi (Delhi NCR) focused on affordable and mid-segment housing (in the below INR 80 lakh price category) between 2019 and 2021 with a market share of 19%.
Signature Global commenced operations in 2014 through a subsidiary, Signature Builders Private Limited, with the launch of the Solera project on 6.13 acres of land in Gurugram, Haryana.
Most of its completed projects, ongoing projects and forthcoming projects are located in Gurugram and Sohna in Haryana, with 84.58% of its saleable area located in this region, and almost all of its projects have been, or are being, undertaken under the AHP or the Deen Dayal Jan Awas Yojna – Affordable Plotted Housing Policy (DDJAY – APHP). In terms of sales in Gurugram, it had a market share of 40% in the affordable and mid segments, and a market share of 29% in all budget categories, in the period from 2019 to 2021.
Promoters of Signature Global– 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
Signature Global IPO Details
| Signature Global IPO Dates | 20 – 22 September 2023 |
| Signature Global IPO Price | INR 366 – 385 per share |
| Fresh issue | 15,662,338 shares (INR 603 crore) |
| Offer For Sale | 3,298,701 shares (INR 127 crore) |
| Total IPO size | 18,961,039 shares (INR 730 crore) |
| Minimum bid (lot size) | 38 shares INR 14,630 |
| Face Value | INR 1 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Signature Global Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 241.55 | 82.05 | 901.30 | 1,553.57 |
| Expenses | 337.53 | 246.65 | 1,076.01 | 1,642.63 |
| Net income | (56.57) | (86.27) | (115.5) | (63.72) |
| Margin (%) | (23.42) | (105.14) | (12.37) | (4.10) |
Signature Global Offer News
- Signature Global RHP
- Signature Global DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Signature Global Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | |
| EPS | (5.07) | (7.56) | (10.23) | (5.44) |
| PE ratio | – | – | – | NA |
| RONW (%) | – | – | – | NA |
| NAV | (8.18) | (18.18) | (30.96) | 3.81 |
| EBITDA (%) | 3.94 | (71.03) | 3.04 | 13.88 |
| Debt/Equity | 1.07 | 1.17 | 1.23 | – |
Signature Global IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 26 September 2023 | 35 | 400 | 800 |
| 25 September 2023 | 32 | 400 | 800 |
| 23 September 2023 | 35 | 400 | 800 |
| 22 September 2023 | 35 | 400 | 800 |
| 21 September 2023 | 35 | – | 15,000 |
| 20 September 2023 | 40 | – | 15,000 |
| 19 September 2023 | 35 | – | 15,000 |
| 18 September 2023 | 28 | – | 12,000 |
Signature Global IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 62,56,858 | 29,91,803 | 19,94,535 | 1,12,43,196 |
| 22 Sep 2023 | 12.71 | 13.54 | 6.81 | 11.88 |
| 21 Sep 2023 | 0.62 | 3.07 | 2.55 | 1.62 |
| 20 Sep 2023 | 0.03 | 1.78 | 1.50 | 0.76 |
Signature Global IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
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Arihant Capital –
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Asit C Mehta –
BP Wealth – Avoid
Canara Bank Securities – Avoid
Choice Broking – Avoid
Dalal & Broacha –
Elite Wealth – Avoid
Geojit –
GEPL Capital –
Hem Securities – Subscribe
ICICIdirect –
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities – Not Rated
SMC Global – 1.5/5
Swastika Investmart –
Ventura Securities – Not Rated
Signature Global Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone:Â +91 22 4918 6200
Email: [email protected]
Website:Â www.linkintime.co.in
Signature Global Contact Details
SIGNATURE GLOBAL (INDIA) LIMITED
Unit No.101, Ground Floor,
Tower-A, Signature Tower
South City-1, Gurugram,
Haryana 122 001
Phone:Â +91 124 4398 011
Email:Â [email protected]
Website: www.signatureglobal.in
Signature Global IPO Allotment Status
Signature Global IPO allotment is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Signature Global IPO Dates & Listing Performance
| Signature Global IPO Opening Date | 20 September 2023 |
| Signature Global IPO Closing Date | 22 September 2023 |
| Finalisation of Basis of Allotment | 25 September 2023 |
| Initiation of refunds | 26 September 2023 |
| Transfer of shares to demat accounts | 26 September 2023 |
| Signature Global IPO Listing Date | 27 September 2023 |
| Opening Price on NSE | INR 444 per share (up 15.32%) |
| Closing Price on NSE | INR 458.6 per share (up 19.1%) |
Signature Global IPO FAQs
How many shares in Signature Global IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Signature Global Public Offer?
The best way to apply in Signature Global public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Signature Global IPO GMP today?
Signature Global IPO GMP today is INR 35 per share.
What is Signature Global kostak rate today?
Signature Global kostak rate today is INR 400 per application.
What is Signature Global Subject to Sauda rate today?
Signature Global Subject to Sauda rate today is INR 800 per application.
