Issue Price
₹65
Per Share
GMP
NIL
Grey Market
Est. Listing
₹65
Expected Price
Min. Application
₹260,000
2 lots × 2000 shares
Founded in 2019, Signoria Creation Limited manufactures and sells women's clothing such as kurtis, pants, tops, co-ord sets, dupattas and gowns.The company has two manufacturing units, Unit I and Unit II, located in Mansarovar and Sanganer, Jaipur, Rajasthan. On September 08, 2022, the Company acquired a 501.33 square meter plot at H1-74, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan - 302020 near the existing garment manufacturing factory which is currently under construction. The total operational capacity of the factory for the financial year 2022-2023 is over 4,77,000 pieces of quality garments.As of February 15, 224, Signoria had 153 employees, including 45 permanent employees, and 108 contract employees in the departments of accounting and finance, compliance, maintenance, marketing and logistics, production and operations, quality, top management and permanent employees.
Signoria Creation Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 72,000 | — | ₹0.47 Cr | — |
| TOTAL | 1,428,000 | 100.00% | ₹9.28 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹130,000 |
| Retail (Max) | 13 | 26,000 | ₹1,690,000 |
| sNII (Min) | 14 | 28,000 | ₹1,820,000 |
| bNII (Min) | 68 | 136,000 | ₹8,840,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 652.92 | 1915.81 | 1181.64 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 64.52 | 231.05 | 67.53 |
| Net Worth | 647.75 | 583.23 | 150.88 |
| Total Assets | 2614.56 | 2334.92 | 950.76 |
| Reserves & Surplus | 536.75 | 472.23 | 100.88 |
| Total Borrowings | 1263.93 | 1050.26 | -376.84 |