March 19, 2024
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Signoria Creation IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Pratham EPC Projects IPO Post Listing Review :
On 19th March, the scrip is listed at Rs. 131.00, premium of 101.54% over the issue-price of Rs. 65. This listing has been marginally above the expectations of the grey market.
Check Subscription status of Signoria Creation IPO
On 14 March 2024 5.00 pm (Day 3) (Closed)
Review:
QIB: 678000 Shares 107.56 T
NII: 203400 Shares 1290.56 T
RII: 474600 Shares 649.88 T
Total: 1356000 Shares 666.32 T
What is the business of Signoria Creation?
Signoria Creation Limited is engaged in manufacturing and marketing of women apparels like Kurtis, pants, tops, Co-ord Sets, dupattas and Gowns. It is popularly known and identified in apparel market by its brand name “Signoria”. Its brand is known for its Kurtis with traditional designs having wide range of colour, patterns and sizes. The Company caters to those who are looking for clothing that is comfortable, stylish, and trendy. Its clothes are perfect for women who want to make a statement and stand out from the crowd.
Its manufacturing unit-I is situated at 324, Ayekar Nagar II, Near RICCO Industrial Area, Mansarovar,
Jaipur, Rajasthan – 302020 and unit-II is situated at 328, Residential Scheme, Aayker Nagar II, Gram
Kalyanpura, Sanganer, Jaipur, Rajasthan -302020, India.
On September 08, 2022, the company acquired 501.33 square metre of land at H1-74, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan- 302020 near the existing factory for garment manufacturing activities which is presently under construction. Its operational capacity for the F.Y. 2022-2023 from its factory totals up to over a 4,77,000 pieces of quality garments.
Get more information about the company @ https://signoria.in/
| Signoria Creation IPO Details | |
| IPO opens on | 12 March 2024 |
| IPO closes on | 14 March 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1428000 Sh /Rs 9.28 Cr |
| * Fresh Issue | 1428000 Sh /Rs 9.28 Cr |
| * Offer for Sale | – Sh /Rs – Cr |
| Market Maker Portion | 72000 Sh. |
| Net offer to Public | 1356000 Sh./Rs.34.20 Cr |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 61-65 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 2000 Shares |
| Listing will at | NSE SME |
| Shares offered in Signoria Creation IPO | ||
| Shares | Rs. (Cr) | |
| QIB (50%) | 678000 | 4.41 |
| NII (15%) | 203400 | 1.32 |
| RII (35%) | 474600 | 3.08 |
| Total Shares | 1356000 | 8.81 |
| Retail portion will be oversubscribed by | 238 | |
| Forms | ||
| How much Shares to Apply in Signoria Creation IPO? | ||
| Min Retail Application | 2000 Sh | Rs. 130000 |
| Min HNI Application | 4000 Sh | Rs.260000 |
Who are the Promoters of Signoria Creation IPO?
Mr. Vasudev Agarwal and Ms. Babita Agarwal are the promoters of the company.
What are the Objects of Signoria Creation IPO?
The Offer comprises only of a Fresh Issue of Equity shares.
The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
Funding working capital requirements of the Company; and
General corporate purposes.
| Signoria Creation IPO Tentative timetable | |
| IPO opens on | 12 March 2024 |
| IPO Closes on | 14 March 2024 |
| IPO Allotment on | 15 March 2024 |
| Refund Initiation | 18 March 2024 |
| Credit of Shares | 18 March 2024 |
| Listing on | 19 March 2024 |
| Registered Office of the Company Signoria Creation Limited 324, Ayekar Nagar II, Near RICCO Industrial Area, Mansarovar, Jaipur – 302020 |
| Who is the Lead Manager of Signoria Creation IPO? Holani Consultants Private Limited |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
| Signoria Creation IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 5.89 | 0.33 | 39.11 | |
| 2021-22 | 11.82 | 0.68 | 44.76 | |
| 2022-23 | 19.16 | 2.31 | 39.62 | |
| Book Value of the Share on | 31.03.2023 | Rs 52.54 | ||
| BV of the Share at cap price | after the IPO | Rs. ? | ||
| Offer Price/upper band | Rs. 65 | |||
| Signoria Creation IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | – |
| Price/BV Ratio | 5.40 |
| Upper price/BV after IPO | |
How Signoria Creation IPO compares with the Peers?
| As per RHP | FV | Total Income | PE Ratio |
| In Rs. Cr | |||
| Signoria Creations | 10 | 19.15 ? | |
| Nandini Creations | 10 | 44.76 | 705.90 |
| – | – | – | – |
| – | – | – | – |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Signoria Creation IPO To the point Guidance
Signoria Creation Limited is engaged in manufacturing and marketing of women apparels like Kurtis, pants, tops, Co-ord Sets, dupattas and Gowns. It is popularly known and identified in apparel market by its brand name “Signoria”. Its brand is known for its Kurtis with traditional designs having wide range of colour, patterns and sizes.
Size: The net size of the IPO is Rs. 8.81 Cr comprising of 1356000 shares. Considering the recent IPO trends and hunger of the investors, the IPO is not very large, and it can get oversubscribed without any problem. With just 238 applications, the retail portion will get oversubscribed one time. The HNI portion is just Rs. 1.32 Cr, so huge oversubscription possible.
Financial Snapshot: The company has issued 2220,000 bonus shares in October 2023, eg subsequent to the March 2023 end. The Earnings per shares for the year 2022-23 are before the bonus shares and reworking based on large equity base has not been provided. If we rework based on the bonus issue, the EPS for the year 22-23, may be around Rs. 6.94. Not so attractive.
Quicklinks
Signoria Creation IPO GMP Detail IPO GMP today details?
Signoria Creation IPO
Signoria Creation IPO FAQs
What is Signoria Creation IPO?
Signoria Creation IPO is a SME IPO of 1428000 equity shares of the face value of Rs. 10 aggregating up to Rs.9.28 Crores. The issue is priced at Rs.61-65 per share. The minimum order quantity is 2000 Shares.
When will Signoria Creation IPO open?
Signoria Creation IPO opens on March 12, 2024, and closes on March 14, 2024.
What is the lot size of Signoria Creation IPO?
Signoria Creation IPO lot size is 2000 Shares, and the minimum amount required is Rs.136000.
How to apply for Signoria Creation IPO?
You can apply in Signoria Creation IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Signoria Creation IPO allotment?
The finalization of Basis of Allotment for Signoria Creation IPO will be done on March 15, 2024, and the allotted shares will be credited to your demat account by March 18, 2024.
When is Signoria Creation IPO listing date?
Signoria Creation IPO listing date is not yet announced. The tentative date of Signoria Creation IPO listing is March 19, 2024.
