Signoria Creation Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Signoria Creation Ltd IPO

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.

Signoria Creation Ltd IPO Details

Total Shares Offered

₹ 14,28,000

Offer to Public

TBA

Retail Max (Shares)

₹ 5,30,000

Pre Issue Promoters Holding

₹ 33,29,910

Exchange

NSE

Issue size

₹ 9.28 Cr

IPO Open Date

Mar 12, 2024

Close Date

Mar 14, 2024

Lot Size

2000

Min Investment

₹ 1,22,000

Issue Type

Book Building - SME

Listing Date

Mar 19, 2024

Signoria Creation Ltd IPO Dates

Mar 12, 2024

Opening date

Mar 14, 2024

Closing date

Mar 15, 2024

Basis of Allotment

Mar 18, 2024

Initiation of Refunds

Mar 18, 2024

Credit of Shares

Mar 19, 2024

Listing date

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*
QIB	0x	536000
NII	0x	250000
Retail	0x	530000
Employee	0x	40000
Total	0x	1428000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

536000

250000

530000

40000

1428000

Signoria Creation Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	4.49	3.41	3.26
EBITDA	4.92	3.52	3.40
PAT	3.02	2.41	2.31
Total Assets	28.26	18.41	15.87
Share Capital	4.76	4.76	1.11
Total Borrowings	14.28	12.53	6.92
Operating Activities (Net Cash)	3.45	2.52	2.45
Investing Activities (Net Cash)	0.21	-4.81	-7.03
Financing Activities (Net Cash)	14.28	12.53	6.92
Net Cashflow	0.07	0.13	0.00

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.

Peer Comparison:

Nandani Creation Ltd

Signoria Creation Ltd 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.

How To Apply for Signoria Creation Ltd IPO Online?

Step 1:

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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Signoria Creation Ltd IPO?

Signoria Creation Ltd's IPO offers shares for up to 9.28 It begins on Mar 12, 2024 and ends on Mar 14, 2024.

What is the price of the Signoria Creation Ltd IPO?

The price of Signoria Creation Ltd IPO ranges between ₹61 to ₹65 per share.

What are the open and close dates for the Signoria Creation Ltd IPO?

The Signoria Creation Ltd IPO opens on Mar 12, 2024 and closes on Mar 14, 2024.

When will the Signoria Creation Ltd IPO be allotted?

The allotment for the Signoria Creation Ltd IPO will be finalised on Mar 15, 2024. The shares will be listed on BSE and NSE on Mar 19, 2024.

What is the minimum lot size required for Signoria Creation Ltd IPO?

The minimum lot size for Signoria Creation Ltd IPO is 2000 shares, priced between ₹61 to ₹65 per share.

What is the GMP of Signoria Creation Ltd IPO?

The GMP (Grey Market Premium) of Signoria Creation Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Signoria Creation Ltd IPO?

To check the allotment status of Signoria Creation Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Signoria Creation Ltd IPO getting listed?

The Signoria Creation Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Mar 12, 2024, and closes on Mar 14, 2024. The allotment is finalised on Mar 15, 2024.

How do you apply for the Signoria Creation Ltd IPO?

To apply for the Signoria Creation Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.