Signatureglobal (India) Ltd. IPO

The company is the largest real estate development company in the National Capital Region of Delhi (“Delhi NCR”) focussed on affordable and mid segment housing in terms of units supplied (in the below ? 8 million price category) between 2019 and 2021 with a market share of 19%.

RHP
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DRHP
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Open Date

2023-09-20

Close Date

2023-09-22

IPO Details

Check out the issue details for Signatureglobal (India) Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 385

Price Band

₹ 366 - 385

Issue Size

730 Cr.

Issue Type

Book Built

Open

2023-09-20

Close

2023-09-22

Listingprice

₹ 444

ListingGain

15.32%

Listing Date

2023-09-27

CMP

₹ 1257.7

Current Return

226.68%

Company Financials

You can get the following financial statements of Signatureglobal (India) Ltd. as of now.

Subscription Details

The details about the Signatureglobal (India) Ltd IPO is as:

  • The issue size of the IPO is 1964 Cr.
  • The price band for Signatureglobal (India) IPO is Rs 366 to Rs 385.
  • The shares of Signatureglobal (India) IPO will list on 27th September 2023.
  • The latest tentative GMP of Signatureglobal (India) IPO is Rs 40.
  • The shares of Signatureglobal (India) IPO is subscribed 12.50 Times as of 22nd September 2023.   

 

Signatureglobal (India) Ltd IPO Valuation

The approx valuation of Signatureglobal (India) Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 385
Existing Shares (Qty) 11.37 Cr
Fresh Issue 603 Cr
EPS (FY22) Rs -10.23
Industry PE  62.46x

 

Signatureglobal (India) Ltd IPO Issue Size

Signatureglobal (India) Ltd IPO issue size is 730 Cr.

Issue Amount
Fresh Issue 603 Cr
Offer For Sale 127 Cr

 

Signatureglobal (India) Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of 38 shares and a maximum of 13 lots of 494 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 38 Rs 14,630
 Maximum 13 494 Rs 1,90,190

 

Signatureglobal (India) Ltd IPO share offer

The shares of Signatureglobal (India) IPO is subscribed 12.50 Times as of 22nd September 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 13.37 Times
Non-Institutional Maximum 15% 14.24 Times
Retail Individual Maximum 10% 7.17 Times
Total   12.50 Times

Allotment Details

Find below the dates for Signatureglobal (India) Ltd IPO:

Schedule Date
Basis of Allotment 25 September 2023
Refunds 26 September 2023
Credit to Demat Account 27 September 2023
IPO Listing Date 27 September 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 214.33 242.47 342.81 862.07
Total Expenditure 210.74 252.02 385.17 893.52
Operating Profit 3.59 -9.55 -42.36 -31.45
Other Income 75.62 159.26 98.25 68.03
Interest 77.87 148.9 123.98 118.17
Depreciation 7.41 11.01 17.2 20.18
Exceptional Items 0 0 0 0
Profit Before Tax -6.06 -10.19 -85.29 -101.76
Provision for Tax -4.09 -2.66 -15.73 10.76
Net Profit -1.97 -7.53 -69.56 -112.52
Adjusted EPS (Rs.) -0.02 -0.07 -0.61 -0.9

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.69 5.69 11.38 12.48
Total Reserves 87.52 -10.86 -79.47 269.75
Borrowings 473.71 689.21 570.24 325.99
Other N/C liabilities -5.48 67.66 61.05 -26.61
Current liabilities 818.04 1038.13 1396.9 1457.41
Total Liabilities 1379.48 1789.82 1960.09 2039.02
Assets
Net Block 18.38 60.34 70.51 63.96
Capital WIP 1.55 0 0 0.38
Intangible WIP 0 0 0 0
Investments 151.14 140.43 148.45 156.24
Loans & Advances 25.3 17.07 16.97 24.94
Other N/C Assets 9.92 18.09 95.39 67.15
Current Assets 1173.19 1553.88 1628.77 1726.36
Total Assets 1379.48 1789.82 1960.09 2039.02
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023
Other Income 19.87 24.05 35.8
Profit Before Tax 3.93 -12.03 21.51
Tax 1.12 -1.07 0.02
Profit After Tax 2.82 -10.96 21.49
Adjusted EPS (Rs) 0.23 -0.78 1.53

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 69.63 0
Dec 2023 69.63 0
Sep 2023 69.63 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -6.06 -10.19 -85.29 -101.76
Adjustment 10.65 2.8 60.62 106.33
Changes in Assets & Liabilities 131.2 31.44 92.84 42.54
Tax Paid -12.79 6.28 0.83 -9.94
Operating Cash Flow 123 30.33 68.99 37.17
Investing Cash Flow -125.32 -26.25 209.7 157.82
Financing Cash Flow 107.98 -42.25 -321.83 -71.92
Net Cash Flow 105.66 -38.17 -43.14 123.06
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