Signoria Creation IPO: This IPO is coming this week, know complete details
Signoria Creation IPO: The IPO of a company manufacturing ladies’ kurtas, pant palazzos, dupattas, and gowns has arrived. Signoria Creation IPO will open on March 12, 2024, and close on March 14, 2024. Today in this article we will tell you about Signoria Creation IPO GMP, price band, Lot Size, allotment, Listing, etc.
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Signoria Creation IPO Details
Signoriaa Creation IPO: If you are thinking of investing in an IPO, then this is useful news for you. Because Signoriaa Creation IPO is going to come into the stock market this week. The company wants to raise Rs 9.28 crore through IPO. Signoria Creation IPO will open for subscription on Tuesday, March 12, 2024, and close on Thursday, March 14, 2024.
| IPO Date | March 12, 2024 to March 14, 2024 |
|---|---|
| Listing Date | [.] |
| 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 |
| Shareholding pre-issue | 3,330,000 |
| Shareholding post-issue | 4,758,000 |
| Market Maker portion | 72,000 share |
__________Signorio IPO Details
Signoria Creation IPO Price
Signoriaa Creation IPO: Signoria Creations is like telling the world, “Hey, we’re having a party, and you’re invited!” They plan to raise around Rs 9.28 crore by offering 14.28 lakh fresh shares. This is like setting the ticket price for the party at Rs 61 to Rs 65 per share. Each share is like a special token worth ₹10. So, it’s not just a business thing – it’s like they’re having a big celebration, and everyone can join in by getting a share!
Signoria Creation IPO Lot Size
Signoriaa Creation IPO: The lot size of Signoriaa Creation IPO is 2000 shares and investors can bid in multiples thereof. Retail investors will have to invest at least Rs 130,000 in Signoria Creation IPO. This is an SME IPO.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹130,000 |
| Retail (Max) | 1 | 2000 | ₹130,000 |
| HNI (Min) | 2 | 4,000 | ₹260,00 |
__________Signoria Creation IPO Lot Size
50% of the IPO has been reserved for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional investors.
| 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 |
__________Signoria Creation IPO Lot Size
Signoria Creation IPO Allotment
The allotment for Signoriaa Creation IPO is expected to be finalized on Friday, March 15, 2024. Whereas a refund will be given on March 18, 2024. Along with this, let us tell you that today another IPO has been opened whose name is Pratham EPC Projects IPO.
Holani Consultants Pvt Ltd is the book-running lead manager of Signoriaa Creation IPO, while Big Share Services Pvt Ltd is the registrar of the issue. The market maker for the Signoria Creation IPO is Holani Consultants.
| IPO Open Date | Tuesday, March 12, 2024 |
| IPO Close Date | Thursday, March 14, 2024 |
| Basis of Allotment | Friday, March 15, 2024 |
| Initiation of Refunds | Monday, March 18, 2024 |
| Credit of Shares to Demat | Monday, March 18, 2024 |
| Listing Date | Tuesday, March 19, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 14, 2024 |
__________Signoria Creation IPO Allotment
Signoria Creation IPO Listing
Signoriaa Creation IPO will be listed on the SME platform of the National Stock Exchange (NSE). The listing of Signoria Creation IPO is scheduled for Tuesday, March 19, 2024.
Babita Aggarwal, Mohit Aggarwal, Vasudev Aggarwal, and Krutika Chhachhanda are the promoters of the company.
Signoria Creation IPO GMP
According to the Investor Gain report, Signature Creation IPO is trading at a premium of Rs 120 today. According to this, investors can get a profit of more than 184% on the very first day of IPO and the IPO can be listed at Rs 185.
More About Signoria Creation Ltd
Signoriaa Creation Limited was started in the year 2019. Signoria Creations Limited manufactures and sells women’s apparel such as kurtas, pants, tops, made-to-order sets, dupattas, and gowns. It has two manufacturing units. One of which is in Mansarovar of Jaipur and the other in Sanganer.
The company’s revenue has more than tripled in the last two years and this has led to an increase in net profit as well. The company’s net revenue in FY 2023 was Rs 19.15 crore and PAT was Rs 2.31 crore.
Disclaimer
We are not financial advisors, but here’s a friendly tip: The information provided here is not investment advice. If you’re thinking about getting into the stock market, it’s always a good idea to talk to your financial advisor first. They’ve got your help!
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