IPO Issue Details
Issue Price / Price Band₹385 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size38 Shares per Lot
Total Issue Size1,89,61,038 shares (aggregating up to ₹730.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 20 Sep 2023
Subscription CloseFri, 22 Sep 2023
Anchor AllotmentMon, 18 Sep 2023
Basis of AllotmentWed, 27 Sep 2023
Initiation of RefundsFri, 29 Sep 2023
Credit of Shares to DematTue, 03 Oct 2023
Listing DateWed, 27 Sep 2023
UPI Mandate Deadline2023-09-22
Application & Investment Details
Retail — Min (1 Lots)₹14,630 — 38 shares
Retail — Max (13 Lots)₹190,190 (13 Lots)
HNI — Min (14 Lots)₹2,04,820 — 532 shares
EPS (Pre-IPO)₹-5.44
Post-IPO Promoter Holding12,94,21,138 shares
Fresh Issue Shares1,56,62,337 shares (aggregating up to ₹603.00 Cr)
Offer for Sale Shares32,98,701 shares of ₹1 (aggregating up to ₹127.00 Cr)
About Signatureglobal (India) Ltd.
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.
Objects of the Issue
Signatureglobal (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Re-paymentor pre-payment, in full or in part, of certain borrowings availed by our Company
264.00
2
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
3 Inorganic growth through land acquisitions and general corporate purposes
128.53
Shareholding & Lock-in
Pre-IPO Promoter Holding
Not Available
Post-IPO Promoter Holding
12,94,21,138 shares
Lock-in Period (30%)October 27, 2023
Lock-in Period (50%)December 26, 2023