signature global ipoSignatureGlobal IPO GMP, Details to watch, Guidance & Subscription status @ Chanakyanipothi.com, India`s Oldest Investment & IPO website. 
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    SignatureGlobal (India) IPO Guidance
    Live analysis in English @
    https://youtu.be/7y6aexTBOOU
    Study Live Analysis in Gujarati @ https://youtu.be/gojKto-pEP4
    1. Strong market share in the affordable housing in Gurugram.
    2. attained strong brand name.
    3. Real estate market is booming.
    4. Apply with long term investment angle.

    SignatureGlobal (India) IPO Post Listing Review:
    The scrip is listed at Rs. 444 as compared to the issue price of Rs. 385. Looking to the oversubscription, the listing is okay and you may book profits at this juncture. 

    SignatureGlobal (India) IPO Grey market News
    Premium: Rs.41
    Retail Kostak Rs. close 
    Retail subject to Rs. 1000Grey market premium dpboss
    SHNI Kostak Rs. 1800 Grey market premium dpboss
    SHNI subject to Rs. 15000 Grey market premium dpboss
    BHNI Kostak Rs. 6000 Grey market premium dpboss

    SignatureGlobal (India) IPO subscription status
    On 22 September 2023 @ 2.00 (Day 3) Closed
    Review: QIB and HNIs supported the IPO
    QIB:             6256858  Shares    12.71 T
    NII(10L+):     1994535  Shares   15.78 T
    NII (<10L)      997268   Shares    9.06 T
    NII (Total)     2991803  Shares   13.54 T
    RII:                1994535  Shares    6.82 T
    Total:          11243196  Shares   11.88 T

    SignatureGlobal (India) IPO 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 Pvt Ltd

    SignatureGlobal (India) IPO Company Details

    SignatureGlobal is the largest real estate development company in the National Capital Region of Delhi focussed on affordable and mid segment housing in terms of units supplied (in the below Rs 8 million price category) between 2019 and 2021 with a market share of 19%.
    It commenced operations in 2014 through its Subsidiary, Signature Builders Private Limited, with the launch of its Solera project on 6.13 acres of land in Gurugram, Haryana. It has grown its operations over the years and in less than a decade, and as of March 31, 2022, it had sold 23,453 residential and commercial units, all within the Delhi NCR region, with an aggregate Saleable Area of 14.59 million square feet. Its Sales (net of cancellation) have grown at a compounded annual growth rate
    of 142.62%, from Rs 4,400.10 million in Fiscal 2020 to Rs 25,900.38 million in Fiscal 2022. As of March 31, 2022, it has sold 21,478 residential units with an average selling price of Rs 2.81 million per unit.
    SignatureGlobal has strategically focused on GoI and state government policies supporting affordable housing, specifically the Affordable Housing Policy, 2013 notified by the Town and Country Planning Department, Government of Haryana and the Affordable Plotted Housing Policy or the Deen Dayal Jan Awas Yojana. Most of its Completed Projects, Ongoing Projects and Forthcoming Projects are located in Gurugram and Sohna in Haryana, with 84.58% of its Saleable Area located in this region,
    and almost all of its projects have been, or are being, undertaken under the AHP or the DDJAY – APHP. In terms of sales in Gurugram, it had a market share of 40% in the affordable and mid segment, and a market share of 29% in all budget categories, in the period from 2019 to 2021.

    As of March 31, 2022, it was the largest real estate developer under the AHP in the Gurugram and Sohna region, with a market share of 23% in terms of total supply of units in the period from 2019 to 2021.
    It provides “value homes” with attractive designs and amenities. Its projects under the AHP, typically priced below Rs 3.00 million per unit, includes amenities such as recreational areas, gardens, open spaces and community halls.
    As of March 31, 2022, it had completed an aggregate Developable Area of 4.08 million square feet in its Completed Projects and an additional 0.55 million square feet in its Ongoing Projects, comprising 6,282 residential units and 566 commercial units, for which it has received occupation certificates.

    What is So Unique of this Developer?
    It has adopted an integrated real estate development model, with in-house capabilities and resources to execute projects from inception to completion which enables it to offer its projects at competitive prices.

    For more information, click www.signatureglobal.in www.signatureglobal.in

    Objects of the IPO
    The Company proposes to utilise the Net Proceeds towards funding of the following objects:
    1. Re-payment or pre-payment, in full or in part, of certain borrowings availed by the Company;
    2. Infusion of funds in certain of its Subsidiaries, namely Signatureglobal Homes, Signature Infrabuild, Signatureglobal Developers and Sternal Buildcon for re-payment or pre-payment, in full or in part, of certain borrowings availed by its Subsidiaries; and
    3. Inorganic growth through land acquisitions and general corporate purposes.

    SignatureGlobal (India) IPO Details
    IPO opens on  20 September,2023
    IPO closes on  22 September,2023
    Issue Type Book Built Issue IPO
    Issue Size 18961,039 Sh/
    Rs 730 Cr
    * Fresh Issue 15662,338 Sh/Rs.603 Cr
    * Offer for Sale  3298,701 Sh /Rs 127 Cr
       
    Face Value per share: Rs. 1
       
    Price Band Rs. 366-385
    Employee discount  Rs. 0 per share
    Retail Lot Size  38 Shares
    Listing will at  BSE, NSE
    Shares offered to Shares Rs.
    QIB (75 %)  14220779 547.50Cr
    NII (15 %)  2844156 109.50 Cr
    RII (10 %)  1896104  73.00 Cr
    Employees  0 Cr
    Total Shares  18961039 730 Cr.
    Retail portion will be oversubscribed by  – Forms
    How much Shares to Apply? Rs.
    Min Retail Application 38 Sh 14,630
    Max Retail Application  494 sh 190,190
    Small HNI (Min) application  532 Sh 204,820
    Small HNI (Max) application 2584 sh 994,840
    Big HNI Application 2622 sh 1009,470
    SignatureGlobal (India) IPO Tentative timetable
    IPO opens on 20 September,2023
    IPO Closes on 22 September,2023
    IPO Allotment on  27 September,2023
    Unblocking of ASBA  29 September,2023
    Credit to Shares 3 October,2023
    Listing on 4 October,2023
    Registered Office of SignatureGlobal 
    13th Floor, Dr. Gopal Das Bhawan, 28
    Barakhamba Road, Connaught Place,
    New Delhi 110 001, India
    SignatureGlobal (India) IPO Lead Managers 
    ICICI SECURITIES LIMITE, AXIS CAPITAL LIMITED, KOTAK MAHINDRA CAPITAL COMPANY
    Registrar to SignatureGlobal IPO
    LINK INTIME INDIA PRIVATE LIMITED
    SignatureGlobal IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs. Rs. Rs. %
    2019-20 155 -86 -7.56 NA
    2020-21 940 -116 -10.23 NA
    2021-22  1586 -64 -5.44 NA
    Book Value of the Share on 31.03.2023 3.81    
    Book Value of the Share after the IPO      
    Offer Price   385    
    Ratio Analysis
    Upper Price Band/last EPS N.A.
    Upper offer price/Book Value Ratio 100
    Upper offer price/BV after IPO Ratio N.A.

    SignatureGlobal (India) Peer Comparison

    As on date of DRHP Total Income Rs. Face  PE
      Income Value Ratio of
      Rs. In Cr Rs  
    The IPO Company 1586 1 N.A.
    DLF ltd 6012 2 65.69
    Godrej Properties 3039 5 82.40
    Macrotech Developers 9611 10 76.23
    Prestige Estate 8315 10 27.54
    Sobha ltd 3402 10 61.97
           

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    Signatureglobal IPO GMP

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