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Signoria Creation IPO is a book built issue of Rs 9.28 crores. The issue is entirely a fresh issue of 14.28 lakh shares.
Signoria Creation IPO bidding started from March 12, 2024 and ended on March 14, 2024. The allotment for Signoria Creation IPO was finalized on Friday, March 15, 2024. The shares got listed on NSE SME on March 19, 2024.
Signoria Creation IPO price band is set at ₹61 to ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹260,000.
Holani Consultants Private Limited is the book running lead manager of the Signoria Creation IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Signoria Creation IPO is Holani Consultants.
Refer to Signoria Creation IPO RHP for detailed information.
| IPO Date | March 12, 2024 to March 14, 2024 |
| Listing Date | March 19, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹61 to ₹65 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,428,000 shares (aggregating up to ₹9.28 Cr) |
| Fresh Issue | 1,428,000 shares (aggregating up to ₹9.28 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,330,000 |
| Share holding post issue | 4,758,000 |
| Market Maker portion | 72,000 shares Holani Consultants |
Signoria Creation IPO offers 1,428,000 shares. 216,000 (15.13%) to QIB, 250,000 (17.51%) to NII, 530,000 (37.11%) to RII and 320,000 (22.41%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 320,000 (22.41%) |
| Market Maker Shares Offered | 72,000 (5.04%) |
| QIB Shares Offered | 216,000 (15.13%) |
| NII (HNI) Shares Offered | 250,000 (17.51%) |
| Retail Shares Offered | 530,000 (37.11%) |
| Total Shares Offered | 1,428,000 (100%) |
Signoria Creation IPO raises Rs 2.08 crore from anchor investors. Signoria Creation IPO Anchor bid date is March 11, 2024. Signoria Creation IPO Anchor Investors list
| Bid Date | March 11, 2024 |
| Shares Offered | 320,000 |
| Anchor Portion Size (In Cr.) | 2.08 |
| Anchor lock-in period end date for 50% shares (30 Days) | April 14, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 13, 2024 |
Signoria Creation IPO opens on March 12, 2024, and closes on March 14, 2024.
| IPO Open Date | Tuesday, March 12, 2024 |
| IPO Close Date | Thursday, March 14, 2024 |
| Basis of Allotment | Friday, March 15, 2024 |
| Initiation of Refunds | Monday, March 18, 2024 |
| Credit of Shares to Demat | Monday, March 18, 2024 |
| Listing Date | Tuesday, March 19, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 14, 2024 |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹130,000 |
| Retail (Max) | 1 | 2000 | ₹130,000 |
| HNI (Min) | 2 | 4,000 | ₹260,000 |
| Lot Size Calculator | |||
Mr. Vasudev Agarwal, Ms. Babita Agarwal, Mr. Mohit Agarwal and Ms. Kritika Chachan are the company's promoters.
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue |
Founded in 2019, Signoria Creation Limited manufactures and sells women's clothing such as kurtis, pants, tops, co-ord sets, dupattas and gowns.
The company has two manufacturing units, Unit I and Unit II, located in Mansarovar and Sanganer, Jaipur, Rajasthan. On September 08, 2022, the Company acquired a 501.33 square meter plot at H1-74, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan - 302020 near the existing garment manufacturing factory which is currently under construction. The total operational capacity of the factory for the financial year 2022-2023 is over 4,77,000 pieces of quality garments.
As of February 15, 224, Signoria had 153 employees, including 45 permanent employees, and 108 contract employees in the departments of accounting and finance, compliance, maintenance, marketing and logistics, production and operations, quality, top management and permanent employees.
Signoria Creation Limited's revenue increased by 62.13% and profit after tax (PAT) rose by 242.14% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 2,614.56 | 2,334.92 | 950.76 | 597.88 |
| Revenue | 652.92 | 1,915.81 | 1,181.64 | 588.98 |
| Profit After Tax | 64.52 | 231.05 | 67.53 | 32.60 |
| Net Worth | 647.75 | 583.23 | 150.88 | 83.35 |
| Reserves and Surplus | 536.75 | 472.23 | 100.88 | 33.35 |
| Total Borrowing | 1,263.93 | 1,050.26 | 376.84 | 223.15 |
| Amount in ₹ Lakhs | ||||
The market capitalization of Signoria Creation IPO is Rs 30.93 Cr.
KPI as of September 30, 2023.
| KPI | Values |
|---|---|
| ROE | 10.48% |
| ROCE | 7.38% |
| RoNW | 9.96% |
| P/BV | 1.11 |
| PAT Margin (%) | 9.88 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.94 | 3.28 |
| P/E (x) | 9.37 | 19.81 |
The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
[Dilip Davda] The company is an emerging brand in women wears with traditional designs and outfits. It has posted growth in its top and bottom lines for FY21 to FY23. Though on the basis of H1-FY24 performance, the issue appears aggressively priced, historically, as claimed by the management, it derives nearly two third of revenues with commensurate profits in the second half due to seasonality aspect. Hence, well-informed investors may park funds for the medium to long term rewards. Read detail review...
The Signoria Creation IPO is subscribed 666.32 times on March 14, 2024 6:22:00 PM. The public issue subscribed 649.88 times in the retail category, 107.56 times in the QIB category, and 1,290.56 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 107.56 |
| NII | 1,290.56 |
| Retail | 649.88 |
| Total | 666.32 |
Total Application : 172,218 (649.88 times)
| Listing Date | March 19, 2024 |
| BSE Script Code | |
| NSE Symbol | SIGNORIA |
| ISIN | INE0RDE01010 |
| Final Issue Price | ₹65 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹65.00 |
| ₹131.00 |
| ₹124.45 |
| ₹137.55 |
| ₹137.55 |
Signoria Creation Limited
324, Ayekar Nagar II,
Near RICCO Industrial Area, Mansarovar,
Jaipur – 302020
Phone: +91 9358838830
Email: cs@signoria.in
Website: https://signoria.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Check our SME IPO Guide 
Signoria Creation IPO is a SME IPO of 1,428,000 equity shares of the face value of ₹10 aggregating up to ₹9.28 Crores. The issue is priced at ₹61 to ₹65 per share. The minimum order quantity is 2000 Shares.
The IPO opens on March 12, 2024, and closes on March 14, 2024.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Signoria Creation IPO using UPI as a payment gateway. Zerodha customers can apply in Signoria Creation IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Signoria Creation IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Signoria Creation IPO opens on March 12, 2024 and closes on March 14, 2024.
Signoria Creation IPO lot size is 2000 Shares, and the minimum amount required is ₹130,000.
You can apply in Signoria Creation IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Signoria Creation IPO will be done on Friday, March 15, 2024, and the allotted shares will be credited to your demat account by Monday, March 18, 2024. Check the Signoria Creation IPO allotment status.
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