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Signoria Creation Limited IPO (Signoria Creation IPO) Detail

March 12, 2024 - March 14, 2024

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.

Signoria Creation IPO Details

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 Size1,428,000 shares
(aggregating up to ₹9.28 Cr)
Fresh Issue1,428,000 shares
(aggregating up to ₹9.28 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue3,330,000
Share holding post issue4,758,000
Market Maker portion72,000 shares
Holani Consultants

Signoria Creation IPO Reservation

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 Offered320,000 (22.41%)
Market Maker Shares Offered72,000 (5.04%)
QIB Shares Offered216,000 (15.13%)
NII (HNI) Shares Offered250,000 (17.51%)
Retail Shares Offered530,000 (37.11%)
Total Shares Offered1,428,000 (100%)

Signoria Creation IPO Anchor Investors Details

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 Timeline (Tentative Schedule)

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

Signoria Creation IPO Lot Size

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

Signoria Creation IPO Promoter Holding

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

About Signoria Creation Limited

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 Financial Information (Restated Standalone)

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 Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,614.562,334.92950.76597.88
Revenue652.921,915.811,181.64588.98
Profit After Tax64.52231.0567.5332.60
Net Worth647.75583.23150.8883.35
Reserves and Surplus536.75472.23100.8833.35
Total Borrowing1,263.931,050.26376.84223.15
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Signoria Creation IPO is Rs 30.93 Cr.

KPI as of September 30, 2023.

KPI Values
ROE10.48%
ROCE7.38%
RoNW9.96%
P/BV1.11
PAT Margin (%)9.88
Pre IPO Post IPO
EPS (Rs) 6.943.28
P/E (x) 9.3719.81
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2023 that is available in RHP.

Objects of the Issue (Signoria Creation IPO Objectives)

The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:

  1. Funding working capital requirements of the Company; and
  2. General corporate purposes.

Signoria Creation IPO Review (Apply)

[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...


Signoria Creation IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)
QIB107.56
NII1,290.56
Retail649.88
Total666.32

Total Application : 172,218 (649.88 times)

Signoria Creation IPO Rating

7
2.0
Rating:Rated 2.0 stars
Vote Here ...

Signoria Creation IPO Listing Details

Listing Date March 19, 2024
BSE Script Code
NSE Symbol SIGNORIA
ISIN INE0RDE01010
Final Issue Price ₹65 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹65.00
₹131.00
₹124.45
₹137.55
₹137.55

Check IPO Performance…

Signoria Creation Limited Contact Details

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/

Signoria Creation IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Signoria Creation IPO - Buy or Not

Signoria Creation IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Signoria Creation IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Signoria Creation IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

The Signoria Creation IPO listing date is on March 19, 2024.
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Signoria Creation IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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117 Comments

65. ManishDwiv |   Link |  Bookmark |March 19, 2024 6:25:18 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
19-Mar-2024      SIGNORIA
      Signoria Creation Limited

      OREGANO LIFE PRIVATE LIMITED.       BUY      50,000.       131.00      -

      VM PORTFOLIO PRIVATE LIMITED.       BUY      2,24,000.       132.15
65.1. Earthking |   Link |  Bookmark |March 19, 2024 7:55:22 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Good all are private limited company not individual name ...
64. Earthking |   Link |  Bookmark |March 19, 2024 12:48:01 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
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%)

Out of this todays volume is 860000 (which is assuming no QIB sold ... 530000 retail + 250000 HNI + 50000 MM shares ) ... not much shares left to sell today ...
64.1. JaiShriKrishna |   Link |  Bookmark |March 19, 2024 2:45:32 PM
MM + QIB + NII+ Retail = 1068000 shares...out of that 9.02 Lakhs already traded. Means almost 85% shares traded today.
63. G profit |   Link |  Bookmark |March 19, 2024 10:18:47 AM
IPO Mentor IPO Mentor (1000+ Posts, 300+ Likes)
Very good listing. But not alloted. Best of luck to all allottees
62. rahulkrjain |   Link |  Bookmark |March 19, 2024 9:30:17 AM (300+ Posts)
Any expert suggestion on post listing?
62.1. Simply Vicky |   Link |  Bookmark |March 19, 2024 9:56:50 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
@rahulkrjain Its sister concern has given -50% return in last 6 months. Plz be careful.
61. Harpreetdelhi |   Link |  Bookmark |March 19, 2024 9:31:51 AM
Please recommend- Hold or Sell. Please Reply
60. ARJUN'S EYE |   Link |  Bookmark |March 19, 2024 9:06:26 AM
IPO Mentor IPO Mentor (800+ Posts, 600+ Likes)
Signoria Creation Ltd NSE SME IPO.
NSE Code:-23150                              
Symbol:-SIGNORIA
Group:-ST
ISIN:-INE0RDE01010      
Issue Price:-65/-
Market Lot:-2000 Shares
Face Value:-10/-
Listing At:-NSE SME
59. rahulkrjain |   Link |  Bookmark |March 18, 2024 6:29:49 PM (300+ Posts)
Hold very tightly
59.1. Simply Vicky |   Link |  Bookmark |March 18, 2024 7:30:24 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
@rahulkrjain I am still holding EUPHORIAIT after buying in pre-open. It was also a good company with small issue size and was subscribed with good numbers. I am holding it tightly and is waiting to cover up my cost. I am also holding sister concern of signoria creation tightly to witness growth in this counter. People are now interested for positive listing as well as good gain post ipo listing. No body wants to hold sme ipo for 1 or 2yrs due to huge risk of losing capital. You don't know that market will squeeze out all your gain and will leave you in huge losses.
Decision is yours!!!money is yours!!!
59.2. Indranil |   Link |  Bookmark |March 18, 2024 11:22:22 PM
You got 1 lot? So do you want to hold? Clarify
58. Ronak.Patel |   Link |  Bookmark |March 17, 2024 7:47:30 PM
What is gmp and expectation of listing guyz?
58.1. jkmittal |   Link |  Bookmark |March 18, 2024 12:20:34 AM
It may list at 150. Very small issue size and huge demand in subscription. Lead manager is also best. So hold for few months.
58.2. harsh mittal |   Link |  Bookmark |March 18, 2024 10:30:04 AM
Good demand in grey. May list at above gmp.
57. Alwaysbull |   Link |  Bookmark |March 17, 2024 6:49:20 PM
What chances of listing possible guys
56. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark |March 16, 2024 12:55:47 PM
0/1 in the Retail Category.All the best to the allottees.
55. vikas uniyal |   Link |  Bookmark |March 16, 2024 9:57:51 AM
0/2 HNI Not Allotment. Signoria Creation in SME IPO
0/3 HNI Not Allotment
0/4 HNI Not Allotment
54. DNM |   Link |  Bookmark |March 16, 2024 7:33:53 AM
0/4 retail, no luck here
53. G profit |   Link |  Bookmark |March 16, 2024 7:33:11 AM
IPO Mentor IPO Mentor (1000+ Posts, 300+ Likes)
0/6 hni
52. RoK |   Link |  Bookmark |March 16, 2024 12:19:54 AM (200+ Posts)
Do the registrar or the company publish the allottee list? Or Is there any such rule? If not SEBI should make it mandatory. That will prevent manipulation to some extend, if some people are repeatedly getting allotments, that will be visible to all.
51. Shri Bappa |   Link |  Bookmark |March 16, 2024 12:06:06 AM
@KGSKIPO @VIPVIP
Unfortunately you might be right..
Not satisfied with the allotment process..
#BSE should look into the matter for better transparency..
More clear about BOA and process of it..
Else it'll be a big big fraud and people may get looted, cheated badly..
Senior members should react on it.
50. VIPVIP |   Link |  Bookmark |March 15, 2024 11:12:33 PM (200+ Posts)
As always... BigFraud gives Big 0...

15/5/3/2/2/1/1/1/1
50.1. KGSKIPO |   Link |  Bookmark |March 15, 2024 11:23:59 PM (300+ Posts)
Bigshare services is the biggest fraud. SEBI has to track them and review the applications of whom they are allotting. They call call all allottments and review it.
49. Squareb |   Link |  Bookmark |March 15, 2024 11:22:00 PM
0/4
48. antarix |   Link |  Bookmark |March 15, 2024 11:21:19 PM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
0 out of 3 HNI applications.
47. rahulkrjain |   Link |  Bookmark |March 15, 2024 10:09:48 PM (300+ Posts)
1/8 in 10 lot
47.1. Vimal Garodia |   Link |  Bookmark |March 15, 2024 10:43:36 PM
IPO Guru IPO Guru (2200+ Posts, 2200+ Likes)
Congrats, @rahulkrjain . Hope for a very good listing..👍👍
46. Bhoopendra |   Link |  Bookmark |March 15, 2024 10:05:59 AM (200+ Posts)
Off topic: Any review on धन Dhan demat account and services.
46.4. Bhoopendra |   Link |  Bookmark |March 15, 2024 7:45:49 PM (200+ Posts)
Thanks everyone for your valuable input 🙏
46.5. KGSKIPO |   Link |  Bookmark |March 15, 2024 9:46:05 PM (300+ Posts)
Correct, DHAN is the best broker in terms of charges