Signoria Creation IPO: This IPO Is Coming This Week, Know Complete Details

By Sagar
5 Min Read

The IPO of Signoria Creation, a company making ladies kurti, pant palazzo, dupatta and gown, has arrived. Its IPO will open on 12 March 2024 and close on 14 March 2024. If you too were thinking of investing in an IPO, then this is useful news for you. In this entire article, we will give you detailed information about this Signoria Creation IPO GMP, price band, Lot Size, allotment, Listing etc. so stay with us till the end.

Signoria Creation IPO Details

Signoria Creation IPO will open for subscription on Tuesday, March 12, 2024 and close on Thursday, March 14, 2024. The company is selling new shares to raise ₹9.28 crore and the price of each share is between ₹61 to ₹65. Investors can buy them in lots of 2000 shares i.e. the minimum investment for retail investors is ₹130,000.

IPO Date March 12, 2024, to March 14, 2024
Listing Date Not specified
Face Value ₹10 per share
Price Band ₹61 to ₹65 per share
Total Issue Size 1,428,000 shares (aggregating up to ₹9.28 Crores)
Lot Size 2000 shares
Fresh Issue 1,428,000 shares (aggregating up to ₹9.28 Crores)
Issue Type Book Built Issue IPO
Listing Exchange NSE SME
Shareholding Pre-Issue 3,330,000 shares
Shareholding Post-Issue 4,758,000 shares
Market Maker Portion 72,000 shares (Holani Consultants)
Registrar Bigshare Services Pvt Ltd

Signoria Creation IPO Lot Size

The lot size of Signoria Creation IPO is 2000 shares i.e. if you want to invest in this IPO then you will have to buy at least 2,000 shares. If retail investors want to invest in Signoria Creation IPO, they will have to invest at least Rs 130,000.

Application Lots Shares Amount
Retail (Min) 2000 ₹130,000
HNI (Min) 2 4,000 ₹260,000

About 50% of this IPO has been reserved for qualified institutional buyers, 35% for retail investors and 15% for non-institutional investors.

Signoria Creation IPO Price

Signoria Creation IPO is a book-built issue with a total value of ₹9.28 crore. The issue comprises a fresh issue of a total of 14.28 lakh shares. The price band for the Signoria Creation IPO has been set at ₹61 to ₹65 per share and the face value of Signoria Creation shares is ₹10 per share.

Signoria Creation IPO Allotment

Signoria Creation IPO allotment finalization is scheduled for March 15, 2024 and refunds are planned to be processed by March 18, 2024. Big Share Services Pvt Ltd has been appointed the registrar to the issue and for the Signoria Creation IPO, Holani Consultants Pvt Ltd is the book running lead manager. Holani Consultants acts as the market maker for this IPO.

Signoria Creation IPO Listing 

Signoria Creation IPO is scheduled to be listed on the NSE SME platform on March 19, 2024. The price range for the IPO is set between ₹61 to ₹65 per share and investors can bid for a minimum of 2000 shares. The promoters of this company are Babita Aggarwal, Mohit Aggarwal, Vasudev Aggarwal and Kritika Chhachhanda.

Signoria Creation IPO GMP 

Investor Gain report states that the premium for Signature Creation IPO is currently trading at ₹120. Due to which it is estimated that investors can get a profit of more than 184% at the beginning of the IPO and the possible listing price can be ₹185.

Conclusion

Signoria Creation Limited makes and sells women’s clothing like kurtis, pants, tops, made to order sets, dupattas and gowns. The revenue of this company has more than tripled in the last two years. The IPO of this company will open on March 12, 2024 and close on March 14, 2024 and the price range of the IPO has been fixed at ₹61 to ₹65 per share. The objective of the company is primarily to raise funds for working capital. We have given you all the necessary information related to Signoria Creation IPO in this entire article like: Signoria Creation IPO Date, Signoria Creation IPO GMP, Signoria Creation IPO Allotment, IPO Price, Lot Size etc. Stay with this article till the end. Thanks for.

Read More : 

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version