Signoria Creation Limited is set to launch its Initial Public Offering (IPO) in the NSE SME segment, with the IPO opening on March 12, 2024, and closing on March 14, 2024. The company aims to raise ₹9.28 crores through the IPO, offering 14,28,000 equity shares in the price band of ₹61 to ₹65 per equity share. The market lot for the IPO is set at 2000 shares.
**About Signoria Creation Limited:**
Signoria Creation Limited specializes in manufacturing and marketing women’s apparel, including Kurtis, pants, tops, Co-ord sets, dupattas, and gowns. Recognized in the market by its brand name “Signoria,” the company is known for its traditional designs, offering a wide range of colors, patterns, and sizes. The brand targets customers seeking comfortable, stylish, and trendy clothing, making a statement and standing out from the crowd.
The company places a strong emphasis on quality, using high-quality materials and adhering to strict quality control guidelines. Signoria involves its clients in the manufacturing process, creating samples and patterns to accurately reflect clients’ ideas in the final products.
Signoria Creation’s manufacturing units are located in Jaipur, Rajasthan, at 324, Ayekar Nagar II, Near RICCO Industrial Area, Mansarovar, and 328, Residential Scheme, Aayker Nagar II, Gram Kalyanpura, Sanganer.
**Objects of the Issue:**
1. Funding working capital requirements of the company.
2. General corporate purposes.
**Signoria Creation IPO Details:**
– **IPO Open:** March 12, 2024
– **IPO Close:** March 14, 2024
– **IPO Size:** Approximately ₹9.28 Crores (14,28,000 Equity Shares)
– **Face Value:** ₹10 Per Equity Share
– **IPO Price Band:** ₹61 to ₹65 Per Equity Share
– **IPO Listing on:** NSE SME
– **Retail Quota:** 35% of the net offer
– **QIB Quota:** 50% of the net offer
– **NII Quota:** 15% of the net offer
**Market Lot Details:**
– **Minimum Market Lot:** 2000 shares with a ₹130,000 application amount
– **Retail Investors:** Can apply for 1 lot (2000 shares) up to a maximum of ₹130,000
**Important Dates:**
– **IPO Open Date:** March 12, 2024
– **IPO Close Date:** March 14, 2024
– **Basis of Allotment:** March 15, 2024
– **Refunds:** March 18, 2024
– **Credit to Demat Account:** March 18, 2024
– **IPO Listing Date:** March 19, 2024
Investors can check the IPO subscription status and allotment status on respective platforms.
**How to Apply for Signoria Creation IPO:**
Investors can apply for the Signoria Creation IPO via ASBA available in their bank accounts. The application can be submitted online by logging into the bank account and selecting the Signoria Creation IPO in the Invest section. Alternatively, investors can download IPO forms from the NSE website, fill them, and submit them to their bank or broker.
**Company Financial Report (₹ in Crores):**
– **Year 2021:** Revenue ₹5.89, Expense ₹5.44, PAT ₹0.33
– **Year 2022:** Revenue ₹11.82, Expense ₹10.88, PAT ₹0.68
– **Year 2023:** Revenue ₹19.16, Expense ₹16.04, PAT ₹2.31
– **Year 2024 (3M):** Revenue ₹3.10, Expense ₹2.58, PAT ₹0.39
**Valuation (FY2023):**
– **Earning Per Share (EPS):** ₹27.70 per Equity Share
– **Price/Earning P/E Ratio:** NA
– **Return on Net Worth (RoNW):** 39.62%
– **Net Asset Value (NAV):** ₹52.54 per Equity Share
**Peer Group:**
– **Nandani Creations Limited**
**Company Promoters:**
– Vasudev Agarwal
– Babita Agarwal
