Signatureglobal India IPO Details, Dates, Price, Review, Fundamentals

Signatureglobal India IPO: The book-built IPO for SignatureGlobal India Limited is worth Rs 730.00 crores. The issuance consists of a fresh issue of 1.57 billion shares totaling Rs 603 billion and an offer to sell 0.33 billion shares totaling Rs 127 billion.

The price range for the Signatureglobal India IPO is set at 366 to 385 rupees per share. 38 Shares is the bare minimum lot size for an application. Retail investors are required to make an investment of at least 14,630. For sNII, the minimum investment lot size is 14 lots (532 shares), or 204,820; for bNII, the minimum investment lot size is 69 lots (2,622 shares), or 1,009,470.

Signatureglobal India IPO

On September 20, 2023, the Signatureglobal India IPO’s subscription period began, and it finishes on September 22, 2023. On Wednesday, September 27, 2023, the allocation for the Signatureglobal India IPO is anticipated to be completed. The tentative listing date for the Signatureglobal India IPO is set for Wednesday, October 4, 2023 on the BSE and NSE.

The book-running handling lead managers at the Signatureglobal India IPO are ICICI Securities Limited, Axis Capital Limited, and Kotak Mahindra Capital Company Limited, while Link Intime India Private Ltd is the issue’s registrar.

Signatureglobal India IPO Overview

Signatureglobal India Limited Company Overview
Company Name Signatureglobal India Limited
IPO Opening Date 20 September, 2023
IPO Closing Date 22 September, 2023
Face Value 1₹ Per Share
Share Price Range 366₹ To 385₹
Lot Size 38 Shares
Total IPO Issue Size 18,961,039 Shares
Fresh Issue Size 15,662,338 Shares
IPO Listing At NSE, BSE
Issue Type Book Built Issue IPO
Share Holding Pre Issue 113,758,800 Shares
Share Holding Post Issue 129,421,138 Shares
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Signatureglobal India IPO Lot Size

Signatureglobal India Limited IPO Lot Size
Minimum Retail Applications 1 Lot
Maximum Retail Applications 13 Lot
Minimum S-HNI Applications 14 Lots
Maximum S-HNI Applications 68 Lots
Minimum B-HNI Applications 69 Lots
Total Shares In Single Lot 38 Shares
Amount For Single Lot 14,630 Rs.


Signatureglobal India IPO Time Table (Tentative)

Signatureglobal India Limited IPO Time Table Complete Details
IPO Initiation Date 20 September, 2023
IPO Ending Date 22 September, 2023
Basis Of Allotment 27 September, 2023
Initiation Of Refund 29 September, 2023
Shares Credit To Demat Account 03 October, 2023
Date Of Listing 04 october, 2023
Cut Off Time For UPI Mandate Confirmation 5 PM, 22 September, 2023


Signatureglobal India IPO Reservation Details

Signatureglobal India Limited IPO Reservation Overview
Shares Offered To Retailers Not More Than 10% Of Net Offer
Shares Offered To HNI Not More Than 15% Of Net Offer
Shares Offered To QIB Not Less Than 75% Of Net Offer


Signatureglobal India Company Financials

Company Financials Information
This Data Is Of 31 March, 2023
Total Revenue 1,585.88 Cr
Assets 5,999.13 Cr
Profit After Tax -63.72 Cr
Net Worth 47.54 Cr
Reserves And Surplus 34.08 Cr
Debt 1,709.75 Cr


Is Signatureglobal India IPO Review?

Even though the company dominates the market for affordable housing in the Delhi-NCR region, its history of losses has caused the IPO to be overpriced and have a negative P/E.

Large projects are now underway at the corporation, and with the sale’s realization, things are expected to change soon. However, given its early results, it’s a “High Risk/Low Return” wager. Thus, only those who are knowledgeable, have extra cash on hand, or enjoy taking risks should invest a moderate amount of money; everyone else can pass.


What Is The Objective Of Signatureglobal India IPO Issue?

The following objects are among those for which the Company plans to use the Net Proceeds:

  • Repayment or prepayment, in full or in part, of a few loans that the company took out.
  • Acquisition of land for corporate needs and inorganic growth.
  • Infusion of cash into a few of our subsidiaries, including Sternal Buildcon, Signatureglobal Homes, Signature Infrabuild, and Signatureglobal Developers, to pay back or advance some borrowings that the subsidiaries had taken out.


How To Apply For Signatureglobal India IPO?

By using your broker, you can apply to Signatureglobal India by following the instructions below:-

  • Open your Demat account and log in.
  • Select the Initial Public Offerings (IPO) section.
  • Select IPOs That Are Open Right Now.
  • Tap Master Components now.
  • Fill out the form, then submit it.

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