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Signature Global IPO

With a market share of 19% between 2019 and 2021, the company is the biggest real estate developer in the National Capital Region of Delhi (Delhi NCR), focusing on inexpensive and mid-segment housing (in the price range around INR 80 lakh).

With the inauguration of the Solera project on 6.13 acres of land in Gurugram, Haryana, Signature Global officially started operations in 2014 through a subsidiary, Signature Builders Private Limited.

With 84.58% of its saleable area situated in Gurugram and Sohna in Haryana, the majority of its completed projects, ongoing projects, and upcoming projects, almost all of its projects have been or are being carried out under the AHP or the Deen Dayal Jan Awas Yojna – Affordable Plotted Housing Policy (DDJAY – APHP). Between 2019 and 2021, it had a market share of 29% across all price ranges in Gurugram and a market share of 40% in the affordable and mid segments.

Signature Global IPO Details

Signature Global IPO Details
Signature Global IPO Dates
20 – 22 September 2023
Signature Global IPO Price
INR 366 – 385 per share
Fresh issue
15,662,338 shares (INR 603 crore)
Offer For Sale
3,298,701 shares (INR 127 crore)
Total IPO Size
18,961,039 shares (INR 730 crore)
Minimum bid (size)
38 shares INR 14,630
Face Value
INR 1 per share
Retail Allocation
10%
Listing On
NSE, BSE

Signature Global Financial Performance

Signature Global Financial Performance

FY 20

FY21

FY22

FY23

Revenue

241.55

82.05

901.30

1,553.57

Expenses

337.53

246.65

1,076.01

1,642.63

Net income

(56.57)

(86.27)

(115.5)

(63.72)

Margin (%)

(23.42)

(105.14)

(12.37)

(4.10)

Figures in INR Crore unless specified otherwise

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