Signoria Creation IPO

Signoria Creation IPO will open for subscription from 12 March 2024. The company aims for an issue size of ₹9.28 Cr through this IPO.

Company Overview

Full nameSignoria Creation Limited
IndustryEngineering – Construction
Company Website

About Company

The company is engaged in manufacturing and marketing women’s apparel like Kurtis, pants, tops, Co-ord Sets, dupattas, and Gowns. It is popularly known and identified in the apparel market by the brand name “Signoria”. The brand is known for its Kurtis with traditional designs having a wide range of colors, patterns, and sizes. The company expanded its product portfolio by adding a Co-ord set for women during the first quarter ended June 30, 2023.

Signoria Creations’ manufacturing unit-I is situated at 324, Ayekar Nagar II, Near RICCO Industrial Area, Mansarovar, Jaipur, Rajasthan – 302020, and unit-II is situated at 328, Residential Scheme, Aayker Nagar II, Gram Kalyanpura, Sanganer, Jaipur, Rajasthan -302020, India. On September 08, 2022, the company acquired 501.33 square meters of land at H1-74, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan- 302020 near the existing factory for garment manufacturing activities which is presently under construction.

The operational capacity for the FY 2022-2023 from the factory totals up to over 4,77,000 pieces of quality garments. Apart from the manufacturing activity undertaken by the company, the company also gets job work done for products.

The Objectives of the Issue

  • Funding working capital requirements of the Company
  • General corporate purposes.

Signoria Creation IPO Timetable

IPO Opening date12 March 2024
IPO Closing14 March 2024
Basis of Allotment15 March 2024
Initiation Refund18 March 2024
Credit to Demat Account18 March 2024
Listing Date19 March 2024
(Cut-off time for UPI mandate confirmation – 5 PM on March 14, 2024)

Signoria Creation IPO details

Issue typeBook Built Issue IPO
IPO issue size₹9.28 Cr – 1,428,000 shares
Fresh Issue₹9.28 Cr – 1,428,000 shares
Offer for saleNil
Face value₹10 per share
Price Band ₹61 to ₹65 per share
Lot size2000 Shares
Market Maker portion72,000 shares
Shareholding pre-issue3,330,000
Shareholding post-issue4,758,000
Listing ExchangeNSE SME

Signoria Creation IPO Lot Size

Retail (Min)12000₹130,000
Retail (Max)12000₹130,000
HNI (Min)24,000₹260,000

Signoria Creation IPO Reservation Details

QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Signoria Creation Financial Performance

 FY 2021FY 2022FY 2023Q1 FY 2024
Net income0.330.682.310.39
(Amount in ₹ Crores)

Signoria Creation Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio6.61 – 7.04
RONW (%)39.1144.7639.62
ROCE (%)22.4029.6424.52
EBITDA (%)12.9512.3720.01

Company Promoters

  • Mr. Vasudev Agarwal
  • Ms. Babita Agarwal

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Signoria Creation IPO Lead Manager(s)

401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
+91 0141 – 2203996

Signoria Creation Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200

Signoria Creation Contact Details

324, Ayekar Nagar II,
Near RICCO Industrial Area,
Mansarovar, Jaipur, Rajasthan – 302020
Phone: +91 9358838830

Signoria Creation IPO Allotment Status

Signoria Creations IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

Final thoughts

Signoria Creation IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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