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.
Signoria Creation IPO – Details
| IPO Opening Date | 12 March 2024 |
| IPO Closing Date | 14 March 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 14,28,000 Shares Worth ₹9.28 Crore Fresh Issue: 14,28,000 Shares Worth ₹9.28 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹61 – ₹65 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Signoria Creation IPO – Date Schedule
| IPO Open Date | 12 March 2024 |
| IPO Close Date | 14 March 2024 |
| Basis of Allotment | 15 March 2024 |
| Initiation of Refund | 18 March 2024 |
| Credit of Shares to Demat Account | 18 March 2024 |
| IPO Listing Date | 19 March 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 14, 2024 |
Signoria Creation IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | ₹1,30,000 |
| Retail (Maximum) | 1 | 2000 | ₹1,30,000 |
| HNI (Minimum) | 2 | 4000 | ₹2,60,000 |
Competitive Strengths
- Experienced management & work force.
- Established Manufacturing facility.
- Focus on Quality and Safety.
- Cost Leadership and time bound execution.
- Existing relationship with the clients.
- Cordial relationship between management and labour.
Company Promoters
- Mr. Vasudev Agarwal
- Ms. Babita Agarwal
- Mr. Mohit Agarwal
- Ms. Kritika Chachan
Object Of The Issue
- Funding working capital requirements of the Company; and
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 5.88 | 5.43 | 0.32 | 2.23 |
| 31 March 2022 | 11.81 | 10.88 | 0.67 | 3.76 |
| 31 March 2023 | 19.15 | 16.04 | 2.31 | 10.50 |
| 30 September 2023 | 6.52 | 5.57 | 0.64 | 12.63 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 10.48% |
| ROCE | 7.38% |
| RoNW | 9.96% |
| P/BV | 1.11 |
| PAT Margin (%) | 9.88 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.94 | 3.28 |
| P/E (x) | 9.37 | 19.81 |
Signoria Creation IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Signoria Creation IPO Prospectus
Company Contact Information
| Signoria Creation Limited 324, Ayekar Nagar II, Near RICCO Industrial Area, Mansarovar, Jaipur – 302020 Phone: +91 9358838830 Email: cs@signoria.in Website: https://signoria.in/ |
Signoria Creation IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Signoria Creation IPO Lead Manager(s)
| 1. Holani Consultants Private Limited |
Signoria Creation IPO FAQs
| What is Signoria Creation IPO? Signoria Creation IPO is a SME IPO. The issue is priced at ₹61 – ₹65 per equity share. The IPO is to be listed on NSE SME. |
| When Signoria Creation IPO will open? The IPO is to open on 12 March 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Signoria Creation IPO? You can apply Signoria Creation IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Signoria Creation IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Signoria Creation”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Signoria Creation IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Signoria Creation”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Signoria Creation IPO Size? Signoria Creation IPO size is ₹9.28 crores. |
| What is Signoria Creation IPO Price Band? Signoria Creation IPO Price Band is ₹61 – ₹65. |
| What is Signoria Creation IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,30,000 amount while the maximum bid is 2000 shares with ₹1,30,000. |
| What is the Signoria Creation IPO Allotment Date? Signoria Creation IPO allotment date is 15 March 2024. |
| What is the Signoria Creation IPO Listing Date? Signoria Creation IPO listing date is 19 March 2024. The IPO is to list on NSE SME. |
