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 name | Signoria Creation Limited |
| Sector | Infrastructure |
| Industry | Engineering – Construction |
| Company Website | https://www.prathamepc.com/ |
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 date | 12 March 2024 |
| IPO Closing | 14 March 2024 |
| Basis of Allotment | 15 March 2024 |
| Initiation Refund | 18 March 2024 |
| Credit to Demat Account | 18 March 2024 |
| Listing Date | 19 March 2024 |
Signoria Creation IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹9.28 Cr – 1,428,000 shares |
| Fresh Issue | ₹9.28 Cr – 1,428,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹61 to ₹65 per share |
| Lot size | 2000 Shares |
| Market Maker portion | 72,000 shares |
| Shareholding pre-issue | 3,330,000 |
| Shareholding post-issue | 4,758,000 |
| Listing Exchange | NSE SME |
Signoria Creation IPO Lot Size
| 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 IPO Reservation Details
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Signoria Creation Financial Performance
| FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 | |
| Revenue | 5.85 | 11.82 | 19.15 | 3.10 |
| Expenses | 5.43 | 10.88 | 16.04 | 2.58 |
| Net income | 0.33 | 0.68 | 2.31 | 0.39 |
Signoria Creation Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 2.17 | 4.50 | 9.23 |
| PE ratio | – | – | 6.61 – 7.04 |
| RONW (%) | 39.11 | 44.76 | 39.62 |
| NAV | – | – | 52.54 |
| ROCE (%) | 22.40 | 29.64 | 24.52 |
| EBITDA (%) | 12.95 | 12.37 | 20.01 |
| Debt/Equity | 2.68 | 2.50 | 1.80 |
Company Promoters
- Mr. Vasudev Agarwal
- Ms. Babita Agarwal
Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Signoria Creation IPO Lead Manager(s)
HOLANI CONSULTANTS PRIVATE LIMITED
401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
Phone: +91 0141 – 2203996
Email: ipo@holaniconsultants.co.in
Website: www.holaniconsultants.co.in
Signoria Creation Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Signoria Creation Contact Details
SIGNORIA CREATION LIMITED
324, Ayekar Nagar II,
Near RICCO Industrial Area,
Mansarovar, Jaipur, Rajasthan – 302020
Phone: +91 9358838830
E-mail: cs@signoria.in
Website: www.signoria.in
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
