Signature Global is the largest real estate development company in the National Capital Region of Delhi (Delhi NCR) in the affordable and lower mid-segment housing in terms of units supplied (in the below ₹ 8 million price category) between 2020 and the three months ended March 31, 2023, with a market share of 19%.
They commenced operations in 2014 through their Subsidiary, Signature Builders Private Limited, with the launch of their Solera project on 6.13 acres of land in Gurugram, Haryana. They have grown their operations over the years and in less than a decade, as of March 31, 2023, they had sold 27,965 residential and commercial units, all within the Delhi NCR region, with an aggregate Saleable Area of 18.90 million square feet. Their Sales (net of cancellation) have grown at a compounded annual growth rate (CAGR) of 42.46%, from ₹ 16,902.74 million in Fiscal 2021 to ₹ 34,305.84 million in Fiscal 2023. As of March 31, 2023, they have sold 25,089 residential units with an average selling price of ₹ 3.60 million per unit.
Signature Global has strategically focused on the Affordable Housing (AH) segment (below ₹ 4 million price category) and the Middle Income Housing (MH) segment (between ₹ 4 million to ₹ 2.5 million private category) through GoI and state government policies. The state government of Haryana under its various policies allows the development of AH and MH. For example, they have been extensively involved in developing projects specifically the Affordable Housing Policy, 2013 notified by the Town and Country Planning Department, Government of Haryana (AHP), and the Affordable Plotted Housing Policy or the Deen Dayal Jan Awas Yojana (DDJAY – APHP). Each of the policies is focused on affordable and mid-segment housing. The AHP aims to encourage the planning and completion of group housing projects under which apartments of a pre-defined size are to be made available at pre-defined rates and completed within a targeted time frame to ensure an increased supply of affordable housing, while the DDJAY – APHP is intended to encourage the development of high density plotted colonies in the state of Haryana.
Objects of the Issue
- Re-payment or pre-payment, in full or in part, of certain borrowings availed by our Company;
- Infusion of funds in certain of our Subsidiaries, namely Signatureglobal Homes, Signatureglobal Developers, Signatureglobal Business Park. and Sternal Buildcon for re-payment or pre-payment, in full or in part, of certain borrowings availed by our Subsidiaries
- Inorganic growth through land acquisitions and general corporate purposes
Signature Global IPO Review (Apply or Not)
- May Apply
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Signature Global IPO Date & Price Band Details
|IPO Open:||September 20, 2023|
|IPO Close:||September 22, 2023|
|IPO Size:||Approx ₹730 Crores|
|Fresh Issue:||Approx ₹603 Crores|
|Offer for Sale:||Approx ₹127 Crores|
|Face Value:||₹1 Per Equity Share|
|IPO Price Band:||₹366 to ₹385 Per Share|
|IPO Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors List:||Click Here|
Signature Global IPO Market Lot
The Signature Global IPO minimum market lot is 38 shares with ₹14,630 application amount. The retail investors can apply up-to 13 lots with 494 shares or ₹190,190 amount.
Signature Global IPO Allotment & Listing Dates
The Signature Global IPO date is September 20 and the close date is September 22. The Signature Global IPO allotment will be finalized on September 26 and the IPO listing on October 27.
|Anchor Investors Allotment:||September 19, 2023|
|IPO Open Date:||September 20, 2023|
|IPO Close Date:||September 22, 2023|
|Basis of Allotment:||September 26, 2023|
|Refunds:||September 26, 2023|
|Credit to Demat Account:||September 27, 2023|
|IPO Listing Date:||September 27, 2023|
Signature Global IPO Form
How to apply for the Signature Global IPO? You can apply for Signature Global IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Signature Global IPO in the Invest section. The other option is you can apply for Signature Global IPO via IPO forms downloaded via NSE and BSE. Check out the Signature Global forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Signature Global Company Financial Report
|₹ in Crores|
Signature Global IPO Valuation – FY2023
Check Signature Global IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹5.44 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||NA%|
|Net Asset Value (NAV):||₹3.81 per Equity Share|
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Signature Global IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Signature Global IPO Allotment Status Check
Check Signature Global IPO allotment status on Linkintime website allotment URL. Click Here
Signature Global IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Axis Capital Limited
- Kotak Mahindra Capital Company Limited
Signature Global (India) Limited
13th Floor, Dr. Gopal Das Bhawan,
28 Barakhamba Road, Connaught Place,
New Delhi 110 001
Phone: +91 11 4928 1700
Email: [email protected]
Signature Global IPO FAQs
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Note: The Signature Global IPO price band and date are officially announced yet. The IPO grey market premium (Signature Global IPO Premium) will be added to the IPO grey market page as it will start).
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