Signature Global IPO

Signature Global India Ltd

₹13,908 /38 sharesMinimum Investment

Signature Global IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
20 Sep ‘23 - 22 Sep ‘23₹13,90838₹366 - ₹385
Issue SizeIPO Doc
730.00Cr
RHP PDF

Subscription rate

Qualified Institutional Buyers12.71x
Non-Institutional Investor13.54x
Retail Individual Investor6.82x
Employees0x
Total11.88x

About Signature Global

Signature Global is engaged in real estate development in NCR, Delhi and Gurugram. The company operates in the affordable housing and residential housing segment. It claims to be the largest and the fastest growing player in the region and the segment that it operates with a market share of 19% in the mid and affordable housing segment. In the Gurugram and Sohna region it has a 49% market share for the real estate units developed under Deen Dayal Jan Awas Yojana.;
Founded in
2000
Managing director
Ravi Aggarwal
Parent organisation
Signature Global India Ltd

Strengths & Financials of Signature Global

Strengths
Risks
Here are some strengths of the company
Urbanization trend in India is fast catching up and the company could benefit from this as it is well positioned to meet the housing needs of individuals moving to urban centers, as it is one of the dominant players in its region.
Government’s objective to provide housing for all initiatives is very beneficial for the company's growth prospects.
Government’s push towards infrastructure development will aid urbanization and in turn benefit the company, as the company has already seen robust demand in 2021.
RBI’s infusion of capital into the system has helped in bringing down home loan rates and is helping in spurring of demand in the real estate market.
Penetration of banking system which has increased over the last few years has helped in home loan penetration that is boosting real estate demand
GST slab revisions and constant rationalization of rates has helped real estate developers immensely, because of increasing affordability.
RERA has helped bring more transparency into the real estate segment helping the companies to gain market share from faulty players due to strong action by the government.
Post pandemic attitude change of people and the intent to own a house as opposed to renting it has gone up.
Short term interventions like loan moratorium, loan restructuring and repo rate changes have helped the real estate industry.
Home buyers are now opting towards projects offered by branded developers, and the company is well positioned to capture it.
Consolidation of the sector and fewer players will help existing companies.

Signature Global Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Signature Global IPO

Apply asPrice bandApply upto
Regular366 - 385₹2 Lakh
High Networth Individual366 - 385₹2 - 5 Lakh
For Signature Global IPO, eligible investors can apply as Regular.
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