The Signature Global IPO commenced on September 20, 2023, and concluded on September 22, 2023. The allotment of shares took place on September 27, 2023, and the initiation of refunds began on September 29, 2023. The shares were credited to the demat accounts of investors on October 3, 2023. Finally, the listing of Signature Global on the stock exchange occurred on October 4, 2023.
The Signature Global IPO was priced at ₹366 to ₹385 per share, with a lot size of 38 shares. The total issue size was ₹730.00 crores, comprising a fresh issue of ₹603.00 crores and an offer for sale of ₹127 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
Signature Global IPO Basic Details
|Company Name||Signatureglobal India Limited|
|Domain of Company||Real Estate Development Company|
|Signature Global IPO GMP Today||₹00.00|
|Signature Global IPO Listing Gain||00.00%|
|Signature Global IPO Open Date||September 20, 2023|
|Signature Global IPO Close Date||September 22, 2023|
|Signature Global IPO Allotment Date||September 27, 2023|
|Signature Global IPO Listing Date||October 4, 2023|
|Face Value||₹1 per share|
|Price||₹366 to ₹385 per share|
|Lot Size||38 Shares|
|Issue Size||18,961,039 shares of ₹1|
(aggregating up to ₹730.00 Cr)
|Fresh Issue||15,662,338 shares of ₹1|
(aggregating up to ₹603.00 Cr)
|Offer for Sale||3,298,701 shares of ₹1|
(aggregating up to ₹127.00 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE, BSE|
|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
and Sarvpriya Securities Private Limited
Signature Global IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|18 September 2023||₹40||10.39%||–||–|
Signatureglobal IPO Details:
Signatureglobal (India) Limited, established in 2000, is a real estate development company with a focus on providing affordable and mid-range housing in the National Capital Region of Delhi (known as Delhi NCR).
Their journey began with the Solera project, spanning 6.13 acres of land in Gurugram, Haryana. Since then, the company has experienced significant growth. As of March 2023, they have successfully sold 27,965 residential and commercial units, all situated within the Delhi NCR region. In terms of sales growth, they achieved an impressive Compound Annual Growth Rate (CAGR) of 42.46%, increasing from Rs. 16,902.74 million in Fiscal 2021 to Rs. 34,305.84 million in Fiscal 2023.
Signatureglobal (India) Limited focuses on leveraging government policies, such as the Affordable Housing Policy of 2013, Affordable Plotted Housing Policy, and the Deen Dayal Jan Awas Yojana (DDJAY – APHP), to help customers realize their dream of owning a home.
Their mission is to provide “value homes” that combine attractive designs and amenities. Additionally, the company is dedicated to enhancing the value of its projects and creating a better living environment for residents.
Signature Global IPO More Details Click Here
Signature Global IPO FAQs
When is Signature Global IPO open?
Signature Global IPO will open on 20 September 2023.
When is Signature Global IPO Close?
Signature Global IPO will be closed on 22 September 2023.
What is Signature Global IPO GMP Today?
The Signature Global IPO GMP aka Grey Market Premium is ₹40.
What is Signature Global IPO Kostak Rates Today?
The Signature Global IPO Kostak Rate is ₹000.
What is Signature Global IPO Subject to Sauda Price Today?
The Signature Global IPO subject to sauda rates is ₹000.
Signature Global IPO Expected Returns?
The Signature Global expected return is 10.39%.
How much will be the listing gain in Signature Global IPO?
Signature Global IPO will get listing gain of 10.39%. (Approx.)