The Signature Global IPO started on September 20, 2023, and ended on September 22, 2023. Shares were allocated on September 27, 2023, and refund processes began on September 29, 2023. On October 3, 2023, the shares were credited to investors demat accounts. Signature Global was officially listed on the stock exchange on October 4, 2023.
During the IPO, Signature Global offered shares at a price range of ₹366 to ₹385 per share, and the lot size was 38 shares. The total issue size was ₹730.00 crores, with ₹603.00 crores from new shares and ₹127.00 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 75% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 10% were set aside for retail investors.
Signatureglobal IPO Subscription Update Video
Signature Global IPO Subscription Status
The Signature Global IPO on September 20, 2023 was subscribed times, with the retail category being subscribed times, the NII (Non-Institutional Investor) category being subscribed times, the QIB (Qualified-Institutional Buyers) category being subscribed times.
| Category | Subscription |
| QIB | x |
| NII | x |
| Retail | x |
| Total | x |
Signature Global IPO Basic Details
| Company Name | Signature Global India Limited |
| Domain of Company | Real Estate Development Company |
| IPO Open Date | September 20, 2023 |
| IPO Close Date | September 22, 2023 |
| IPO Allotment Date | September 27, 2023 |
| 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 |
About Signatureglobal India Limited
Signatureglobal (India) Limited, founded in the year 2000, is a real estate development company that primarily operates in the National Capital Region of Delhi, known as “Delhi NCR.” Their focus is on providing affordable and mid-range housing options.
Their journey began with the Solera project, covering 6.13 acres of land in Gurugram, Haryana, and since then, they’ve experienced remarkable growth. As of March 2023, the company had successfully sold 27,965 residential and commercial units, all situated in the Delhi NCR region. They’ve also achieved an impressive Sales Growth rate, with a Compound Annual Growth Rate (CAGR) of 42.46%, going from Rs. 16,902.74 million in Fiscal 2021 to Rs. 34,305.84 million in Fiscal 2023.
Signatureglobal (India) Limited places a strong emphasis on aligning with government policies, both at the central (GoI) and state levels, that support affordable housing. This commitment helps customers realize their dream of owning their own homes, with a focus on policies like the Affordable Housing Policy of 2013, the Affordable Plotted Housing Policy, and the Deen Dayal Jan Awas Yojana (DDJAY – APHP), among others.
The company’s vision revolves around offering “value homes,” which combine appealing designs with essential amenities. They also actively work towards enhancing the value of their projects and creating a superior living environment for their customers.
Signature Global IPO Should you subscribe?
Signature Global IPO More Details Click Here
Signature Global IPO FAQs
What is the start and end date of Signature Global IPO Subscription?
The Signature Global IPO started on September 20, 2023, and ended on September 22, 2023.
When does Signature Global IPO Subscription open?
The Signature Global IPO open on September 20, 2023.
When does Signature Global IPO Subscription close?
The Signature Global IPO Close on September 22, 2023.
What is the allotment date of Signature Global IPO?
The allotment date for Signature Global IPO is September 27, 2023.
When is the initial refund date of Signature Global IPO?
The initial Refund date for Signature Global IPO is September 29, 2023.
When were the shares credited to investors demat accounts for the Signature Global IPO?
The shares for the Signature Global IPO were credited to investors demat accounts on October 3, 2023.
When will Signature Global IPO be listed on the stock market?
Signature Global IPO stock market will be listed on October 4, 2023 at 10 am.
What was the lot size for the Signature Global IPO shares?
The lot size for the Signature Global IPO shares was 38 shares.
What was the total issue size of the Signature Global IPO?
The total issue size of the Signature Global IPO was ₹730.00 crores.
How were the shares allocated among different types of investors for the Signature Global IPO?
75% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 10% were set aside for retail investors.
On which stock exchanges was the Signature Global IPO listed?
The Signature Global IPO was listed on both the NSE and BSE.
What is the Signature Global IPO Subscription Status?
Signature Global IPO is subscribed Times.
