Published : September 19, 2023
Signature Global holds the distinction of being the largest real estate development company in the National Capital Region of Delhi (“Delhi NCR”). Its core area of emphasis lies in the development of affordable and mid-segment housing. Specifically, this pertains to housing units with a price range falling below ₹8 million during the period spanning from 2019 to 2021. In this segment, the company has successfully captured a significant market share of 19%.
As of March 31, 2021, the company has successfully sold 21,478 residential units, each averaging a selling price of ₹2.81 million per unit. Signature Global strategically aligns itself with central and state government policies that promote affordable housing. It’s worth noting that Signature Global aligns itself with key government policies that support affordable housing initiatives. This includes compliance with the Affordable Housing Policy (AHP), 2013, as notified by the Town and Country Planning Department of the Government of Haryana. Additionally, the company also adheres to the Affordable Plotted Housing Policy, commonly referred to as the Deen Dayal Jan Awas Yojana (DDJAY-APHP). These policies serve as a foundation for the company’s commitment to providing affordable housing solutions.
The company places a strong emphasis on sustainable development, integrating green concepts and techniques into its projects. This includes sustainable water management facilities, low-flow fixtures to conserve water, efficient solid waste management practices, and the incorporation of solar panels for clean energy generation.
All of Signature Global’s projects are strategically located within the well-developed Delhi NCR region, ensuring seamless connectivity to various parts of Delhi NCR. Among its key completed projects are Solera, Serenas, and Synera, all situated in Gurugram, Haryana. Additionally, notable ongoing projects include City 37D, Sunrise, and Prime, located in Gurugram, Karnal, and Gurugram, respectively.
The company intends to utilize the Net Proceeds for the following purposes:
The subscription for the IPO will be open from September 20th and will close on September 22nd.
| IPO Open Date | Wednesday, September 20, 2023 |
| IPO Close Date | Friday, September 22, 2023 |
The price band for the Signatureglobal (India) Limited IPO has been set at ₹366 to ₹385 per share.
| IPO Price | ₹366 to ₹385 per share |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 per share |
| Market Lot | 38 Shares |
| Listing At | BSE, NSE |
| Total Issue Size | (aggregating up to ₹730.00 Cr) |
The promoters of the Company include Pradeep Kumar Aggarwal, Lalit Kumar Aggarwal, Ravi Aggarwal, Devender Aggarwal, Pradeep Kumar Aggarwal HUF, Lalit Kumar Aggarwal HUF, Ravi Aggarwal HUF, Devender Aggarwal HUF, and Sarvpriya Securities Private Limited.
| Pre Issue Share Holding | 78.36% |
| Post Issue Share Holding | 69.63% |
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 2,930.52 | 3,762.37 | 4,430.85 | 5,999.13 |
| Revenue | 263.03 | 154.72 | 939.60 | 1,585.88 |
| Profit After Tax | -56.57 | -86.28 | -115.50 | -63.72 |
| Net Worth | -93.07 | -206.87 | -352.22 | 47.54 |
| Reserves and Surplus | -128.87 | -210.78 | -364.01 | 34.08 |
| Total Borrowing | 969.36 | 1,176.38 | 1,157.53 | 1,709.75 |
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Signatureglobal.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
Signatureglobal (India) Limited
13th Floor, Dr. Gopal Das Bhawan,
28 Barakhamba Road, Connaught Place,
New Delhi 110 001
Phone: +91 11 4928 1700
Email: cs@signatureglobal.in
Website: http://www.signatureglobal.in/
How to apply for the Signatureglobal (India) Limited IPO?
Sai Silks (Kalamandir) Limited IPO
Enjoy flexible trading limits at
lowest brokerage rates ?
Open Your Investments Account Now
0Account Opening Charges
Life Time Demat AMC
Brokerage
IT'S TIME TO HAVE SOME FUN!
Your family deserves this time more than we do.
Share happiness with your family today & come back soon. We will be right here.
Investment to ek bahana hai,
humein to khushiyon ko badhana hai.
E-mail
askus@rmoneyindia.com
Customer Care
+91-9568654321
