Signoria Creation, a company specializing in the manufacturing of women’s clothing such as kurtis, palazzos, dupattas, and gowns, is set to launch its Initial Public Offering (IPO). Scheduled to open on March 12, 2024, and close on March 14, 2024, the Signoria Creation IPO has garnered significant attention in the market. Investors keen on participating in the IPO are eager to learn about various aspects such as the Grey Market Premium (GMP), price band, lot size, allotment, and listing details. The Grey Market Premium (GMP), an unofficial market where IPO shares are traded before their official listing, reflects investors’ sentiment and expectations regarding the IPO’s performance. It serves as an indicator of demand and potential listing gains. The price band, which is the range within which investors can bid for the IPO shares, plays a crucial role in determining the valuation of the company. It is essential for investors to carefully analyze the price band and assess the company’s fundamentals before making investment decisions.
The lot size specifies the minimum number of shares that investors must bid for in the IPO. Understanding the lot size is important for calculating the total investment required and determining the potential returns. Allotment refers to the process of allocating shares to investors who have bid for the IPO. It is done based on various factors, including the bid amount and subscription demand. The listing details reveal the date when the IPO shares will be listed on the stock exchange, allowing investors to trade them in the secondary market.
The Signoria Creation IPO presents an opportunity for investors to participate in the growth story of a company operating in the thriving women’s clothing segment. With careful consideration of the aforementioned factors, investors can make informed decisions regarding their participation in the IPO.
Signoria Creation IPO Details
Signoria Creation, a prominent player in the women’s clothing industry, has announced its Initial Public Offering (IPO) details, generating considerable interest among investors. Specializing in the production of a wide range of women’s apparel including kurtis, palazzos, dupattas, and gowns, Signoria Creation has established a strong foothold in the market with its quality products and stylish designs. The Signoria Creation IPO is scheduled to open on March 12, 2024, and close on March 14, 2024. During this period, investors will have the opportunity to subscribe to the IPO and become part of the company’s growth journey. As with any IPO, several key details need to be considered by prospective investors.
One crucial aspect is the price band, which determines the range within which investors can bid for the IPO shares. Understanding the price band is essential as it helps investors assess the valuation of the company and make informed investment decisions. Investors should take note of the lot size, which specifies the minimum number of shares they can bid for in the IPO. This information is crucial for calculating the total investment required and managing their investment portfolio effectively. Allotment details will also be of interest to investors, as they indicate how shares will be allocated among applicants. Factors such as bid amount and subscription demand influence the allotment process, and investors should stay informed about the criteria used by the company.
The listing date is significant as it marks the commencement of trading for the IPO shares on the stock exchange. Investors can monitor the listing date to plan their investment strategies and capitalize on potential market opportunities. The Signoria Creation IPO presents an exciting opportunity for investors to participate in the growth prospects of a leading player in the women’s clothing industry. By carefully considering the IPO details and conducting thorough research, investors can make informed decisions aligned with their investment objectives.
| 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 shares |
Signoria Creation IPO Price
The price of the Signoria Creation IPO is a crucial factor that investors closely scrutinize before deciding to participate in the offering. As with any IPO, the price is determined through a process that takes into account various factors including the company’s financial performance, growth prospects, industry trends, and market conditions. Signoria Creation, being a well-established player in the women’s clothing segment, commands attention with its strong brand presence and quality products. The IPO price reflects the valuation of the company and plays a significant role in determining investor sentiment and participation.
Investors keen on subscribing to the Signoria Creation IPO carefully analyze the price to assess whether it is justified based on the company’s fundamentals and growth potential. They consider factors such as revenue growth, profitability, market share, competitive positioning, and future expansion plans to evaluate the attractiveness of the IPO price. Investors compare the IPO price with similar companies in the industry to gauge its relative valuation and identify potential investment opportunities. They also analyze the price in relation to the overall market conditions and investor appetite for IPOs to anticipate the demand for Signoria Creation shares.
The IPO price band, which specifies the range within which investors can bid for the shares, provides further clarity on the pricing strategy adopted by the company. Investors carefully evaluate the upper and lower limits of the price band to determine the potential upside and downside risks associated with their investment. The IPO price of Signoria Creation is a critical factor that influences investor decisions and shapes the success of the offering. By conducting thorough analysis and due diligence, investors can make informed choices regarding their participation in the IPO, aligning with their investment objectives and risk appetite.
Signoria Creation IPO Lot Size
The lot size of the Signoria Creation IPO represents the minimum number of shares that investors must bid for in order to participate in the offering. It is a crucial aspect of the IPO that investors need to consider when planning their investment strategy and calculating the total investment required. Understanding the lot size is essential for investors as it helps them determine the number of shares they will be allotted if their bid is successful. Additionally, the lot size directly influences the total investment amount, as investors need to multiply the lot size by the price per share to calculate the total cost of acquiring the shares. For example, if the lot size for the Signoria Creation IPO is 100 shares and the price per share is ₹500, then the total investment required to bid for one lot would be ₹50,000 (100 shares * ₹500).
Investors should carefully assess their investment budget and risk tolerance to determine the number of lots they wish to bid for in the IPO. By considering factors such as their financial capabilities, investment objectives, and market conditions, investors can make informed decisions regarding their bid size. The lot size also impacts the allocation process, as investors may receive multiple lots or partial allotments based on the demand for the IPO shares. Therefore, investors should carefully evaluate the subscription demand and overall market sentiment to gauge their chances of receiving their desired allotment. The lot size of the Signoria Creation IPO plays a significant role in shaping investor participation and allocation outcomes. By understanding the lot size and its implications, investors can effectively plan their investment strategy and optimize their chances of securing shares in the IPO.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹130,000 |
| Retail (Max) | 1 | 2000 | ₹130,000 |
| HNI (Min) | 2 | 4,000 | ₹260,000 |
Signoria Creation IPO Allotment
The allotment process in the Signoria Creation IPO is a crucial stage where shares are allocated to investors who have bid for the offering. Allotment is determined based on various factors including the subscription demand, bid amount, and the total number of shares available for allocation. During the IPO subscription period, investors submit their bids specifying the number of shares they wish to acquire and the price at which they are willing to purchase them. After the IPO closes, the bids are collected and reviewed by the company and the lead managers.
The allotment process begins once the company finalizes the allocation criteria and determines the number of shares to be allotted to each investor. Investors may receive full allotment, partial allotment, or no allotment based on the demand for the IPO shares and the availability of shares. Factors such as oversubscription and the proportion of shares reserved for different categories of investors (such as retail investors, institutional investors, and high net worth individuals) also influence the allotment process. Once the allotment is finalized, investors receive intimation about the number of shares allotted to them along with the refund of excess bid amount, if any. Investors can then check their allotment status online through the registrar’s website or the stock exchange’s portal.
| 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 Listing
The listing of Signoria Creation IPO marks a significant milestone in the company’s journey as it transitions from a private entity to a publicly traded one. The listing process involves the shares of Signoria Creation being admitted to trading on a recognized stock exchange, allowing investors to buy and sell the company’s shares in the secondary market. Upon successful completion of the IPO, Signoria Creation shares are listed on the designated stock exchange, typically within a few days after the IPO closes. The listing date is announced by the company and regulatory authorities, providing investors with clarity on when they can start trading the shares.
Signoria Creation IPO GMP
The Grey Market Premium (GMP) associated with the Signoria Creation IPO serves as an unofficial indicator of investor sentiment and expectations regarding the performance of the IPO. The GMP reflects the difference between the expected listing price of Signoria Creation shares in the secondary market and the IPO price. Investors keen on participating in the Signoria Creation IPO often turn to the Grey Market to gauge market sentiment and assess the potential listing gains. A positive GMP indicates that investors are willing to pay a premium for Signoria Creation shares even before they are officially listed on the stock exchange.
Signoria Creation Limited commenced its operations in 2019. The company specializes in manufacturing and selling women’s apparel such as kurtis, pants, tops, sets, dupattas, and gowns. It operates two manufacturing units, one in Mansarovar, Jaipur, and the other in Sanganer. The company’s revenue has grown by over three times in the past two years, leading to an increase in net profit as well. In the financial year 2023, the company reported a net revenue of Rs. 19.15 crores and a profit after tax (PAT) of Rs. 2.31 crores.