SignatureGlobal India Ltd
Registered Office:
13th Floor Dr Gopal Das Bhawan,28Barakhamba Road Connaught Pl,
New Delhi
-
110001,
Phone : 91-11-4928 1700
Fax : NA
Initial public offer of 18,961,038# equity shares of face value of Re. 1 each ("Equity Shares") of Signatureglobal (India) Limited ("Company" or "Issuer") for cash at a price of (Rs) 385 per equity share (including a share premium of (Rs) 384 per equity share) aggregating to (Rs) 730.00# crores (the "Offer") comprising a fresh issue of 15,662,337# equity shares aggregating to (Rs) 603.00# crores by the company ("Fresh Issue") and an offer for sale of 3,298,701# equity shares aggregating to (Rs) 127.00# crores by the International Finanace Corporation, as the selling shareholder (the "Offered Shares"). The offer shall constitute 13.49% of the post-offer paid-up equity share capital of the company.
The offer price is (Rs) 385 per equity share and is 385 times the face value of the equity shares.
#Subject to finalisation of basis of allotment.
Opens On
Closes On
Application
Allotment
20-Sep-23
22-Sep-23
385.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
38
Further Multiples of :
38
(Rs.Cr)
Lead Managers to the Issue
Project Cost
560.53
Axis Capital Ltd
Project Financed through Current Offer
730.00
Post Issue Equity Share Capital
14.05
Re-payment or pre-payment, in full or in part of certain borrowings availed by the company
Infusion of funds in certain of the subsidiary namely Signatureglobe Homes, Singnature Infrabuild, Signatureglobe Developers & Sternal Buildcon for re-payment or pre-payment, in full or in part of certain borrowings availed by the Subsidiaries
Inorganic growth through land acquisition and general corporate purposes
Pradeep Kumar Aggarwal
Lalit Kumar Aggarwal
Ravi Aggarwal