Signatureglobal Limited IPO

Signatureglobal (India) Limited IPO

Issue Open

-

Price Band

366 - 385 ₹. Per Share

Issue Size

₹. 730.00 Cr

Credit of Shares to Demat

Oct 03, 2023

Issue Close

-

Bid Lot

38

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

Sep 22, 2023 05:00 PM

Issue Type

Book Built Issue IPO

Minimum Order Quantity

38

Allotment Details

Sep 27, 2023

Face Value

Rs. 1 per share

Listing On

-

Refunds

Sep 29, 2023

About the company:

Signatureglobal (India) Ltd is the largest real estate development company in the National Capital Region of Delhi (“Delhi NCR”) in the affordable and lower mid-segment housing in terms of units supplied (in the below ? 8 million price category) between 2020 and the three months ended March 31, 2023. It has grown its operations over the years and in less than a decade, as of March 31, 2023, has sold 27,965 residential and commercial units, all within the Delhi NCR region. As of March 31, 2023, the company was the largest real estate developer under the Affordable Housing Policy (AHP) in the Gurugram and Sohna region, with a market share of 18% in terms of the total supply of units in the period from 2020 to the three months ended March 31, 2023. The company aspires to provide value homes with attractive designs and amenities. It proactively seeks to enhance the value of its projects by creating a better living environment through the provision of comprehensive community facilities and by engaging renowned architects.

Objects of the Offer:

The company intends to utilize the net proceeds from the fresh issue towards the following objects:
- Re-payment or pre-payment, in full or in part, of certain borrowings availed by our Company;
- Infusion of funds in certain of our Subsidiaries, namely Signatureglobal Homes, Signatureglobal Developers, Signatureglobal Business Park. and Sternal Buildcon for re-payment or pre-payment, in full or in part, of certain borrowings availed by our Subsidiaries; and
- Inorganic growth through land acquisitions and general corporate purposes.

FAQ’s

Can I trade an IPO through a Discount Broker?

What are the benefit of buying & selling IPOs through a discount broker?

How is it possible to trade an IPO through a discount broker when SEBI has made mandatory to buy an IPO through ASBA?

How can I buy and sell IPO through a discount broker?

What documents are required to open an account with Samco?