IPO

IPO Synopsis

SignatureGlobal India Ltd
Initial public offer of 18,961,038# equity shares of face value of Re. 1 each ("Equity Shares") of Signatureglobal (India) Limited ("Company" or "Issuer") for cash at a price of Rs. 385 per equity share (including a share premium of Rs. 384 per equity share) aggregating to Rs. 730.00# crores (the "Offer") comprising a fresh issue of 15,662,337# equity shares aggregating to Rs. 603.00# crores by the company ("Fresh Issue") and an offer for sale of 3,298,701# equity shares aggregating to Rs. 127.00# crores by the International Finanace Corporation, as the selling shareholder (the "Offered Shares"). The offer shall constitute 13.49% of the post-offer paid-up equity share capital of the company. The offer price is Rs. 385 per equity share and is 385 times the face value of the equity shares. #Subject to finalisation of basis of allotment.
Issue
Opens On Closes On
20-Sep-23 22-Sep-23
Money Payable On
Application Allotment
385.00 0.00
Minimum Application for shares in Nos : 38 Further Multiples of : 38
Cr Lead Managers to the Issue
Project Cost (.Cr) 560.53 Axis Capital Ltd
Project Financed through Current Offer (.Cr) 730.00  
Post Issue Equity Share Capital (.Cr) 14.05
Issue Price () 385.00
Projects
Re-payment or pre-payment, in full or in part of certain borrowings availed by the company
Infusion of funds in certain of the subsidiary namely Signatureglobe Homes, Singnature Infrabuild, Signatureglobe Developers & Sternal Buildcon for re-payment or pre-payment, in full or in part of certain borrowings availed by the Subsidiaries
Inorganic growth through land acquisition and general corporate purposes
Promoted By
Pradeep Kumar Aggarwal
Lalit Kumar Aggarwal
Ravi Aggarwal
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd