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IPO | Review |
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Signatureglobal (India) Limited IPO |
Avoid Company is struggling to establish itself in the premium segment where the real margins are, they do well in affordable & volume segment but we see what it results in performance. Apart from Sector 63, Gurgaon project none of their upcoming projects are in premium locations. Another negative is some of the key partners have left the company to form MRG Global and Ganga Realty which have springboard into more premium projects. Skipping basis the financials & lack of future growth roadmap. September 20, 2023 2:09:05 AM |
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