Signatureglobal (India) Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 14,220,780 (75%) | — | ₹54,750 Cr |
| NII (HNI) | — | 2,844,155 (15%) | — | ₹10,950 Cr |
| Retail | — | 1,896,103 (10%) | — | ₹7,300 Cr |
| Σ Total | — | 18,961,038 (100%) | — | ₹730,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 38 | ₹14,630 |
| Retail (Max) | 13 | 494 | ₹190,190 |
| S-HNI (Min) | 14 | 532 | ₹204,820 |
| B-HNI (Min) | 67 | 2,546 | ₹980,210 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 263 | 155 | 940 |
| Profit After Tax | -57 | -86 | -116 |
| Net Worth | -93 | -207 | -352 |
| Total Assets | 2,931 | 3,762 | 4,431 |
| Reserves & Surplus | -129 | -211 | -364 |
| Total Borrowing | 969 | 1,176 | 1,158 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Re-paymentor pre-payment, in full or in part, of certain borrowings availed by our Company – 264.00
- 2 Infusion of funds in certain of our Subsidiaries, namely Signatureglobal Homes, Signatureglobal Developers, SignatureglobalBusiness Park and Sternal Buildcon for re-payment or pre-payment, in full or in part, of certain borrowings availed by our Subsidiaries; and – 168.00
- 3 Inorganic growth through land acquisitions and general corporate purposes – 128.53
Company Overview
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.