Signature Global IPO Date, Review, Price, Allotment, Analysis

Signature Global IPO Details: Signature Global IPO date is fixed, the IPO is to hit the market on September 20 and will close on September 22. Signature Global IPO to raise around ₹730 crores via IPO that comprises fresh issue of ₹603 crores and offer for sale up to [.] equity shares ₹1 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.

Signature Global IPO

Table of Contents


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
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
Discount:N/A
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.

ApplicationLot SizeSharesAmount
Retail Minimum138₹14,630
Retail Maximum13494₹190,190
S-HNI Minimum14532₹204,820
B-HNI Minimum692622₹1,009,470

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

You can check IPO subscription status and IPO allotment status on their respective pages.

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
YearRevenueExpensePAT
2021₹155₹247₹86.27
2022₹940₹1076₹115.50
2023₹1586₹1643₹63.72

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

Peer Group

  • DLF Limited
  • Godrej Properties Limited
  • Macrotech Developers Limited
  • Prestige Estates Projects Limited
  • Sobha Limited

Company Promoters

  • Pradeep Kumar Aggarwal
  • Lalit Kumar Aggarwal
  • Ravi Aggarwal
  • Devender Aggarwal
  • Pradeep Kumar Aggarwal HUF
  • Lalit Kumar Aggarwal HUF
  • Ravi Aggarwal HUF
  • Devender Aggarwal HUF
  • Sarvpriya Securities Private Limited

Signature Global IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

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

Company Address

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]
Website: http://www.signatureglobal.in/

Signature Global IPO FAQs

What is Signature Global IPO?

Signature Global IPO is a main-board IPO. They are going to raise ₹730 Crores via IPO. The issue is priced at ₹366 to ₹385 pr equity share. The IPO is to be listed on BSE & NSE.

When Signature Global IPO will open?

The IPO is to open on September 20, 2023 for QIB, NII, and Retail Investors.

What is Signature Global IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Signature Global IPO?

You can apply for Signature Global IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Signature Global IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Signature Global”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Signature Global IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Signature Global”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Signature Global IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Signature Global”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Signature Global IPO Size?

Signature Global IPO size is ₹730 crores.

What is Signature Global IPO Price Band?

Signature Global IPO Price Band is ₹366 to ₹385.

What is the Signature Global IPO Allotment Date?

Signature Global IPO allotment date is September 26, 2023.

What is the Signature Global IPO Listing Date?

Signature Global IPO listing date is September 27, 2023. The IPO is to list on BSE and NSE.

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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    One Response

    OPEN DEMAT ACCOUNT