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
324, Ayekar Nagar II,
Near RICCO Industrial Area, Mansarovar,
Jaipur – 302020
Phone: +91 9358838830
Email: cs@signoria.in
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