Signoria Creation was incorporated on September 30, 2019. The company specializes in manufacturing and marketing women's apparel, including kurtis, pants, tops, co-ord sets, dupattas, and gowns. It is popularly known and identified in the apparel market by the brand name "Signoria."
| Bidding Dates |
|---|
| 12 Mar 2024 - 14 Mar 2024 |
| Subscription |
|---|
| 626.12x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,22,000 | 1 | 1 | 2000 | 1.4 M | ₹61 - ₹65 | 69.99 % | ₹87.1 M - ₹92.8 M | RHP DOC |
Signoria Creation IPO SUBSCRIPTION STATUS
14 Mar '24Signoria Creation IPO overall subscription rate was 626.12 times the total available shares
Signoria Creation IPO retail subscription rate was 888.18 times in the retail segment
Signoria Creation IPO non-institutional investor subscription rate was 1961.95 times in the non-institutional investor category
Signoria Creation IPO Qualified Institutional Bidder subscription rate was 41.94 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
14 Mar 2024 (Day 3) | 888.18x | 1961.95x | 41.94x |
13 Mar 2024 (Day 2) | 314.47x | 160.25x | 0.16x |
12 Mar 2024 (Day 1) | 105.92x | 60.94x | 0x |
Signoria Creation FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY24 | 6.5 | 65.3 | 2.4 | 2.2 | 17.9% |
| FY23 | 23.1 | 191.5 | -11.4 | -11.5 | 20.0% |
| FY22 | 6.8 | 118.2 | -8.3 | -11.5 | 12.4% |
| FY21 | 3.3 | 58.5 | -2.0 | -3.8 | 13.0% |
Signoria Creation IPO SUBSCRIPTION STATUS DETAILS
Signoria Creation had 1.4 M shares on offer
Signoria Creation IPO offer price was in the range ₹61 - ₹65
Signoria Creation IPO minimum Investment was ₹122000
Signoria Creation IPO issue size was ₹ 87.1 M - ₹ 92.8 M
Signoria Creation had a minimum lot size of 2000 Shares per application
Signoria Creation NUMBER OF SHARES ON OFFER
Signoria Creation IPO IMPORTANT DATES
| Issue Open Date | 12 Mar 2024 |
| Issue close Date | 14 Mar 2024 |
| Allotment Date | 15 Mar 2024 |
| Refund Date | 18 Mar 2024 |
| Demat Account Credit Date | 18 Mar 2024 |
| Listing Date | 19 Mar 2024 |
| Listing on Exchange(s) | NSE |
| Signoria Creation Allotment Status | Exchange |
Signoria Creation IPO subscription opened on 12 Mar 2024, and closed on 14 Mar 2024
IPO allotment for Signoria Creation was finalized on Friday, 15 Mar 2024
IPO listing for Signoria Creation was on NSE on Tuesday, 19 Mar 2024
Signoria Creation IPO LISTING GAINS
| Issue Price (adjusted) | 65.0 |
| Listing Open Price | 131.0 |
| Listing Close Price | 137.6 |
| Listing Gain% | 101.5% |
| Current Gain% | 156.2% |
Signoria Creation Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Signoria Creation Ltd. | 166.5 | 79.2 | 18.1 | 1.6 | 18.4 | 6.4 | 49.3 | 4.4 | 9.2 | ||||
| KPR Mill Ltd. | 1076.7 | 36803.1 | 42.5 | 6.7 | 5.5 | 15.2 | 12.7 | 6784.3 | 5 | 866.5 | 6.3 | 25.4 | 6.3 |
| Vardhman Textiles Ltd. | 606.8 | 17563.9 | 20.7 | -43.8 | 1.7 | 7.1 | 5.4 | 10092.5 | -0.3 | 745.2 | -15.6 | 29.3 | -0.5 |
| Welspun Living Ltd. | 164.1 | 15738.7 | 77 | -1.1 | 1.7 | 4.2 | 2 | 9467.9 | -11.5 | 204.4 | -68 | 2.1 | -68 |
| Arvind Ltd. | 560.6 | 15249.2 | 36.8 | 2.2 | 1.6 | 10.2 | 4.7 | 9359.5 | 11.5 | 413.9 | 17.1 | 15.2 | 17.1 |
| Trident Ltd. | 25.2 | 12831.6 | 32.5 | -3.5 | 1.9 | 7.9 | 5 | 6775.2 | -3.9 | 377.1 | 2 | 0.8 | -9.4 |
Signoria Creation INFORMATION ON IPO ISSUE
About Signoria Creation
Signoria Creation was incorporated on September 30, 2019. The company specializes in manufacturing and marketing women's apparel, including kurtis, pants, tops, co-ord sets, dupattas, and gowns. It is popularly known and identified in the apparel market by the brand name "Signoria."
Object of the Issue
- Funding working capital requirements of the company
- General corporate purposes
Signoria Creation - PROMOTERS
| Name |
|---|
| Vasudev Agarwal |
| Babita Agarwal |
Signoria Creation Lead Manager to the Issue
Holani Consultants Private Limited
ipo@holaniconsultants.co.in
Signoria Creation Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Signoria Creation Strengths
Focus on quality
The company is committed to qualitative manufacturing and adheres to various quality standards and parameters associated with its products
Customer relationship
The company focuses on building sustained and long-term relationships with its clients, constantly striving to cater to customer needs with in-demand products
Signoria Creation Risks
Dependent on limited customers
The company derived 80.1% of its revenue from the top ten customers during Q1FY24 and 66.2% during FY23. If one or more of these customers choose not to source their requirements from the company, its business may be adversely affected
Highly competitive industry
The company operates in the highly competitive and fragmented apparel manufacturing industry. Its competitors include numerous apparel designers, manufacturers, and other established companies
IPO FAQs
The promoters of the company are Vasudev Agarwal and Babita Agarwal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 61.0 - 65.0.
The IPO application opens on Mar 12, 2024 and closes on Mar 14, 2024.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 122,000.0, the maximum value for this IPO is Rs 130,000.0.
This IPO will be allotted on Mar 15, 2024.
The refund will be credited to your account on Mar 18, 2024.
The allotted shares will be credited to your demat on Mar 18, 2024.
Signoria Creation Ltd.’s shares listed on the stock exchanges on Mar 19, 2024.