Signoria Creation Limited IPO
- IPO Date12 Mar, 2024 to 14 Mar, 2024
- Listing Date19 Mar, 2024
- Face Value₹10 per share
- Issue Price₹61 to ₹65 per share
- Lot Size2000 Shares
- Minimum Investment₹1,30,000
- Listing AtNSE SME
- Total Issue Size14,28,000 Shares
(aggregating up to ₹9.28 Cr) - Fresh Issue14,28,000 Shares
(aggregating up to ₹9.28 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue33,30,000
- Shareholding post issue47,58,000
IPO Dates
Closing Date
14 Mar, 2024
Initiation of Refunds
18 Mar, 2024
Listing Date
19 Mar, 2024
12 Mar, 2024
Opening Date
15 Mar, 2024
Basis of Allotment
18 Mar, 2024
Credit of Shares
Signoria Creation Limited 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 |
|---|---|---|---|
| HNI (Min) | 2 | 4000 | ₹2,60,000 |
| Retail (Min) | 1 | 2000 | ₹1,30,000 |
| Retail (Max) | 1 | 2000 | ₹1,30,000 |
Signoria Creation Limited Promoter Holding
Mr. Vasudev Agarwal, Ms. Babita Agarwal, Mr. Mohit Agarwal and Ms. Kritika Chachan are the company's promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Signoria Creation Limited COMPANY INFORMATION
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.
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.
FAQs About Signoria Creation Limited Ipo
Signoria Creation Limited IPO will open on 12 Mar, 2024 and close on 14 Mar, 2024. Investors must apply within this period to participate.
The Signoria Creation Limited IPO price band is set between ₹61.00 and ₹65.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹130000.00.
The Signoria Creation Limited IPO shares are expected to be listed on 19 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your Signoria Creation Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Signoria Creation Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.