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Signatureglobal (India) IPO

Affordable Real Estate / Housing - Listed on 27 September 2023

+15.3% listing gain
Issue Price (Upper)
Rs 385
Listing Price
Rs 444
Closing Price (NSE)
Rs 458.6
Total Subscription
11.88x

Signatureglobal (India) IPO listing summary

Signatureglobal (India) (Affordable Real Estate / Housing) closed its IPO window in 2023 and listed on NSE and BSE on 27 September 2023 at an upper band issue price of Rs 385, opening at Rs 444 for a listing gain of +15.3% and closing day one at Rs 458.6 (+19.1% on closing basis). The IPO was subscribed 11.88x overall - QIB 12.71x, HNI/NII 13.54x, Retail 6.81x. The total issue size was Rs 730 Cr (Fresh Issue Rs 603 Cr, OFS Rs 127 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+15.32%
Listing Gain (Close)
+19.12%
Day Change After Listing
+3.79%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB12.71x
HNI / NII13.54x
Retail6.81x
Overall11.88x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.76x
Day 21.62x
Day 3 (Final)11.88x

Signatureglobal (India) IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 28+7.27%
Day 2Rs 35+9.09%
Day 3Rs 40+10.39%
Day 4Rs 35+9.09%
Day 5Rs 35+9.09%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
7.3%-10.4%
IPOGyani AI Prediction
-
Actual Listing Gain
+15.3%

Issue & financials

Issue SizeRs 730 Cr
Fresh IssueRs 603 Cr
OFSRs 127 Cr
IPO PE-
Peer / Sector PE50.00
PE vs Sector Ratio0.00
Latest EBITDA (Cr)13.88
Debt / Equity-

Market context at listing

How the broader market moved around the Signatureglobal (India) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.95%
Nifty 1W Return-0.69%
Nifty 1M Return+0.48%
Nifty during IPO window-1.87%

Signatureglobal (India) IPO - FAQs

What was the listing gain of Signatureglobal (India) IPO?

Signatureglobal (India) IPO listed at +15.3% versus the upper issue price of Rs 385 on 27 September 2023.

How many times was Signatureglobal (India) IPO subscribed?

Signatureglobal (India) IPO was subscribed 11.88x overall. QIB portion was subscribed 12.71x, HNI / NII 13.54x and Retail 6.81x.

What was the IPO GMP for Signatureglobal (India)?

IPO GMP started at Rs 28 on Day 1 and moved to Rs 35 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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