Signoria Creation Ltd IPO
Open Demat Account
Signoria Creation Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 14.28 L | TBA | ₹ 5.3 L | ₹ 33.3 L | NSE | ₹ 9.28 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 12 Mar, 24 | 14 Mar, 24 | 2000 | ₹ 1,22,000 | Book Building - SME | 19 Mar, 24 |
Signoria Creation Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Textiles - Products |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 536000 | 0 |
| NII | 1290.85x | 250000 | 322712000 |
| Retail | 649.88x | 530000 | 344436000 |
| Employee | 0x | 40000 | 0 |
| Total | 485.82x | 1428000 | 693744000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Signoria Creation Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 3.41 | 3.26 | 1.06 |
| EBITDA | 3.52 | 3.40 | 1.19 |
| PAT | 2.41 | 2.31 | 0.68 |
| Total Assets | 18.38 | 15.87 | 8.92 |
| Share Capital | 4.76 | 1.11 | 0.50 |
| Total Borrowings | 12.50 | 6.92 | 1.48 |
| Operating Activities (Net Cash) | 2.52 | 2.45 | 0.81 |
| Investing Activities (Net Cash) | -11.51 | -7.03 | 0.00 |
| Financing Activities (Net Cash) | 12.50 | 6.92 | 1.48 |
| Net Cashflow | 0.13 | 0.00 | 0.00 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Signoria Creation Ltd
Signoria Creation Limited was originally incorporated as a Private Limited Company in the name of Signoria Creation Private Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated September 30, 2019, issued by Central Registration Centre, Manesar bearing Corporate Identification Number U18209RJ2019PTC066461. Subsequently, the company was converted into Public Limited Company vide shareholders resolution passed at the Extra-Ordinary General Meeting held on July 28, 2023 and name of company was changed to Signoria Creation Limited pursuant to issuance of Fresh Certification of Incorporation dated August 17, 2023 by Registrar of Companies, Jaipur bearing Corporate Identification Number U18209RJ2019PLC066461.
The company is engaged in the women apparel market. It is expected to be the fastest growing segment in the apparel market in India, with a forecasted growth rate of 9.2% between FY 2020 and FY 2025. This market is projected to grow owing to factors like sustained growth of Indian daily wear; casualization of fashion leading to growth of new categories like fusion wear, denims, loungewear; rising share of organized retail; design innovations and changing consumer demographics.
Signoria Creation Limited is engaged in manufacturing and marketing of women apparels like kurtis, tops, gowns, dupattas etc. The Company is popularly known and identified in the apparel market by its brand name Signoria. Its brand is known for its Kurtis with traditional designs having wide range of colour, patterns and sizes.
Peer Comparison:
- Nandani Creation Ltd
Signoria Creation Ltd IPO Key Points
Strengths
- Experienced management & work force.
- Established Manufacturing facility.
- Focus on Quality and Safety.
- Cost Leadership and time bound execution.
- Existing relationship with the clients.
Risk
- Changes in market trends, fashion and consumer preferences and increase in competition that are largely beyond its control could adversely affect its business, financial condition, results of operations and prospects.
- The company is highly dependent upon a limited number of suppliers. 76.45%, 52.04%, 49.81% and 53.71% of its Total Purchases are derived from its top 10 suppliers for the quarter ended June 30, 2023 and Fiscal Years ended on March 31, 2023, 2022 and 2021.
- The company derives 70.46%, 66.15%, 51.60% and 47.17% of its revenue from top 10 customers during the period ended on September 30, 2023, and fiscal ended on March 31, 2023, 2022 and 2021. If one or more of such customers choose not to source their requirement from it, the company's business, financial condition and result of operation may be adversely affected.
Strategy
- Invest in infrastructure and technology.
- Expanding its customer base.
- Improving functional efficiency.
- Enhancing existing products base and product quality.
- Experienced management & work force.
- Established Manufacturing facility.
- Focus on Quality and Safety.
- Cost Leadership and time bound execution.
- Existing relationship with the clients.
How To Apply for Signoria Creation Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.