What is the issue size of SGIL IPO?

The issue size of the IPO is Rs 1,000 cr of which fresh issue is of about Rs 750 cr and offer for sale is of about Rs 250 cr.

If I pre-apply for SGIL IPO, when will my order get placed?

Your order will be place as soon as the IPO bidding starts, you will recieve a UPI request within 24 hours after the process begins

When will my SGIL IPO order get placed?

We will notify you once your SGIL IPO order is placed with the exchange.

Where is the SGIL IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

Signature Global IPO

Signature Global India Ltd

₹13,908 /38 sharesMinimum Investment

Signature Global IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
BSE & NSE₹385.00₹445.00₹60.00 (15.58%)
Signature Global IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
20 Sep ‘23 - 22 Sep ‘23₹13,90838₹366 - ₹385
Issue SizeIPO Doc
730.00CrRHP PDF
Subscription Status As on 22 Sep '23, 5:00 PMQualified Institutional Buyers
12.71x
Non-Institutional Investor
13.54x
Retail Individual Investor
6.82x
Employees
0.00x
Total
11.88x
About Signature GlobalSignature 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.;
Parent Organisation
Signature Global India Ltd
Founded
2000
Managing Director
Ravi Aggarwal
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.
Company is operating in a capital intensive sector which might pose a significant challenge in a high interest rate environment.
Concentration in one region may lead to concerns on the demand side.
Company may not be able to fulfill its ongoing projects if the demand goes down due to external factors.
Any policy changes and withdrawal of benefits on housing by the Haryana government will adversely affect the company.
Company has incurred net losses in the past and may experience it in the future as well.
Fluctuations in land and raw material prices will affect the company’s profitability and cash flows.
Legal and uncertainties and failure of collaborations may plague the company while acquiring land parcels.
Company may fail to get approvals for certain projects which may result in losses for the company.
Significant increases in taxes , changes in labour laws etc will adversely affect the company.
Industry is dominated by branded and much bigger companies which may affect company in losing out market share.
Certain projects of the company have not received completion from relevant authorities.
Labour shortages and work stoppages due to it will lead to company not being able complete project on time escalating project costs.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹366 - 385₹2 Lakh
High Networth Individual₹366 - 385₹2 - 5 Lakh
For Signature Global IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
BSE & NSE	₹385.00	₹445.00	₹60.00 (15.58%)

Bidding Dates	Min. Investment	Lot Size	Price Range
20 Sep ‘23 - 22 Sep ‘23	₹13,908	38	₹366 - ₹385

Issue Size	IPO Doc
730.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹366 - 385	₹2 Lakh
High Networth Individual	₹366 - 385	₹2 - 5 Lakh

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