Signoria Creation Limited IPO: Check IPOs Dates, Info and Allotment Status
Signoria Creation Limited is gearing up for its Initial Public Offering (IPO) slated from March 12, 2024, to March 14, 2024. This marks a significant leap for the company, renowned for its exceptional craftsmanship in the apparel industry. Below, we delve into the IPO's specifics, offering a glimpse into the company's operations, financial health, and market standing.
Signoria Creation IPO Details
| Attribute | Details |
|---|---|
| IPO Date | March 12, 2024, to March 14, 2024 |
| Listing Date | To be announced |
| Face Value | ₹10 per share |
| Price Band | ₹61 to ₹65 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,428,000 shares (aggregating up to ₹9.28 Cr) |
| Fresh Issue | 1,428,000 shares (aggregating up to ₹9.28 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 3,330,000 |
| Share Holding Post-Issue | 4,758,000 |
| Market Maker Portion | 72,000 shares |
IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
About Company
Signoria Creation Limited stands at the forefront of the apparel manufacturing industry, specializing in high-quality garments. Known for its meticulous attention to detail and innovative designs, the company has carved a niche in the fashion sector, catering to a diverse clientele.
Details of the Offer for Sale by the Selling Shareholders
The IPO is a fresh issue of 1,428,000 shares, aggregating up to ₹9.28 Cr, aimed at fueling the company's growth strategy, expanding its production capabilities, and enhancing market reach.
Company’s Financials
Signoria Creation Limited showcases a robust financial trajectory, underpinned by steady revenue growth and profitability. The company's financial discipline and operational efficiency have been pivotal in navigating the competitive landscape.
Revenue Breakdown by Geography
The company has a strong market presence across various geographies, demonstrating its ability to cater to global tastes and preferences, thereby diversifying revenue streams and mitigating market-specific risks.
Revenue Breakdown by Segments
Signoria Creation's product portfolio spans multiple segments within the apparel industry, including formal wear, casual wear, and ethnic wear, each contributing significantly to the company's overall revenue.
Total Expenses
The company's strategic focus on cost management and operational efficiency has enabled it to maintain healthy margins while investing in growth initiatives.
Client Concentration
With a broad and diversified client base, Signoria Creation Limited minimizes reliance on any single customer, ensuring revenue stability and growth prospects.
Competitor Analysis
Signoria Creation Limited differentiates itself through product quality, design innovation, and customer service, positioning it favorably against competitors in the apparel industry.
How can I apply for the Signoria Creation IPO?
Investors can apply through their brokers via a Demat account, following the prescribed lot size and price band.
What is the listing date for the Signoria Creation IPO?
The listing date will be announced post the closure of the IPO.
Who are the market makers for the IPO?
Holani Consultants have been appointed as the market makers for the IPO.
What are the objectives of the IPO?
The IPO proceeds are intended for expansion, operational enhancement, and general corporate purposes.