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Signoria Creation Limited IPO of Rs 9.28 crores (Signoria Creation IPO) Detail

Signoria Creation IPO opens for subscription on March 12, 2024 and closes on 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. The allotment for the Signoria Creation IPO is expected to be finalized on Friday, March 15, 2024. Signoria Creation IPO will list on NSE SME with tentative listing date fixed as Tuesday, 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.

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 August 31, 2023, Signoria had 147 employees, including 22 permanent employees, 63 contract employees and 62 temporary employees in the departments of accounting and finance, compliance, maintenance, marketing and logistics, production and operations, quality, top management and permanent employees.

Signoria Creation IPO Details

IPO Date March 12, 2024 to March 14, 2024
Listing Date [.]
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

Signoria Creation IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

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

Signoria Creation Limited Financial Information (Restated)

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 Jun 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 2,462.13 2,334.92 950.76 597.88
Revenue 310.23 1,915.81 1,181.64 588.98
Profit After Tax 39.03 231.05 67.53 32.60
Net Worth 622.26 583.23 150.88 83.35
Reserves and Surplus 511.26 472.23 100.88 33.35
Total Borrowing 1,034.35 1,050.26 376.84 223.15
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
ROE 10.48%
ROCE 7.38%
RoNW 9.96%
P/BV 0
PAT Margin (%) 12.58

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
Websitehttps://signoria.in/Read More:- Pratham EPC Projects Limited IPO of Rs 36.00 crores (Pratham EPC Projects IPO) Detail
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