Signature Global (India) Ltd. IPO is Live

Discover key details about Signature Global (India) Limited IPO - the opening and closing dates, price band, lot size, and more.

About Signature Global IPO

Since 2014, Signature Global has offered innovative, affordable 'value homes' in Delhi NCR. With 6,282 residential and 566 commercial units, they serve the middle and upper-middle-class.

IPO Details

· IPO Date: 20th Sep - 22nd Sep 2023 · Total Issue Size: Rs.730 Crore · Price Band: Rs. 366 - 385 per share · Lot Size: 38 Shares in each lot · Allotment Date: 27thSeptember 2023 · Listing Date: 4thOctober 2023 · Minimum Investment: Rs 14,630

Strengths of the IPO

· Top affordable housing brand in Delhi NCR · Proven scalability, and resilient strategy, even during the pandemic · Affordable luxury, standardized amenities, swift project initiation

Risks Involved

· Delhi-NCR real estate dependency; market shifts impact · Crises (e.g., COVID-19) disrupt cash flow, lower demand · Government policies are vital; policy changes affect business

IPO Objective

· New projects: IPO funds drive expansion of residential and commercial properties · Land acquisition: Funds secure prime land for future growth · Expand nationwide: IPO fuels pan-India expansion in key markets