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Signoria Creation IPO
Price Band
₹61.0–65.0
Issue Size
₹9.28 Cr
Lot Size
2,000 shares
Min Investment
₹130,000
GMP
+₹60.0 (92.31%)
Issue Price
₹65.0
Subject to Sauda
₹91200
Paid only if allotted
Signoria Creation IPO AI Summary
- Signoria Creation IPO is listed on NSE SME in the Garments & Apparels sector.
- Price band: ₹61.0–₹65.0 per share, lot size 2,000 shares (min. investment ₹130,000).
- Subscription window: 12 Mar–14 Mar 2024, listing on 19 Mar 2024.
- Current GMP is +₹60.0 (92.31%), an estimated listing price of ₹125 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Signoria Creation IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 14 Mar 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Signoria Creation IPO Grey Market Premium (GMP) Today
GMP
+₹60.0
GMP %
+92.31%
Est. Listing
₹125.0
Updated: 25 Jul 2026 14:06
About the Company
Founded in 2019, Signoria Creation Limited manufactures and sells women's clothing such as kurtis, pants, tops, co-ord sets, dupattas and gowns. The company has two manufacturing units, Unit I and Unit II, located in Mansarovar and Sanganer, Jaipur, Rajasthan. On September 08, 2022, the Company acquired a 501.33 square meter plot at H1-74, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan - 302020 near the existing garment manufacturing factory which is currently under construction. The total operational capacity of the factory for the financial year 2022-2023 is over 4,77,000 pieces of quality garments. As of February 15, 224, Signoria had 153 employees, including 45 permanent employees, and 108 contract employees in the departments of accounting and finance, compliance, maintenance, marketing and logistics, production and operations, quality, top management and permanent employees.
Company Financials (₹ Cr)
As of 2023-06-30
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 26.15 | 23.35 | 9.51 | 5.98 |
| Total Income | 6.53 | 19.16 | 11.82 | 5.89 |
| Profit After Tax | 0.65 | 2.31 | 0.68 | 0.33 |
| NET Worth | 6.48 | 5.83 | 1.51 | 0.83 |
| Reserves and Surplus | 5.37 | 4.72 | 1.01 | 0.33 |
| Total Borrowing | 12.64 | 10.50 | 3.77 | 2.23 |
Key Ratios
EPS
₹6.94
NAV
₹58.36
ROE
10.48%
ROCE
7.38%
RoNW
9.96%
P/B Value
1.11
P/E Ratio
9.37
Market Cap
₹30.93 Cr
PAT Margin
9.88%
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Nandani Creation Limited | 21.59 | 0.39% | 585.9 | 0.11 | 0.11 |
| Signoria Creation Limited This IPO | 52.54 | 39.62% | — | 10.41 | 10.41 |
Promoters
Vasudev Agarwal, Babita Agarwal, Mohit Agarwal and Kritika Chachan
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding working capital requirements of our Company 6.28 2 General corporate purposes 1.74
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹5.89 Cr in the year ending 31 Mar 2021, increasing to ₹11.82 Cr by 31 Mar 2022, and further rising to ₹19.16 Cr by 31 Mar 2023. However, for the period ending 30 Sep 2023, total income dropped to ₹6.53 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was ₹0.33 Cr in the year ending 31 Mar 2021, which increased to ₹0.68 Cr by 31 Mar 2022, and further rose to ₹2.31 Cr by 31 Mar 2023. For the period ending 30 Sep 2023, profit after tax was ₹0.65 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
At the issue price of ₹65.0, Signoria Creation Limited has an implied P/E ratio of 9.37, compared to peers like Nandani Creation Limited, which has a P/E of 585.9.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading in the grey market. A higher GMP suggests strong demand for the shares before they officially list.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment strategy and risk tolerance. It's important to consider the company's growth prospects and market conditions.
Who May Want to Wait
Investors who prefer stable, established companies with consistent earnings may want to avoid IPOs like this, which can be more volatile and subject to market fluctuations.
Listing Gains — The Risk
Listing gains refer to the potential profit made when shares are sold on the listing day. However, these gains are not guaranteed and can be influenced by market sentiment and demand for the stock on that day.
This evaluation is generated from Signoria Creation's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Signoria Creation IPO GMP today?
Signoria Creation IPO GMP today is +₹60.0 (92.31%), indicating an estimated listing price of ₹125. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Signoria Creation IPO?
The price band of Signoria Creation IPO is ₹61.0–₹65.0 per share.
When does Signoria Creation IPO open and close?
Signoria Creation IPO opens on 12 March 2024 and closes on 14 March 2024.
When does Signoria Creation IPO list on the stock exchange?
Signoria Creation IPO listed on 19 March 2024 at ₹125.0.
What is the lot size for Signoria Creation IPO?
The lot size for Signoria Creation IPO is 2000 shares, requiring a minimum investment of ₹130,000.
What is the price band for the IPO?
The price band for the IPO is ₹61.0 to ₹65.0.
What is the minimum investment required?
The minimum investment required is ₹130,000, which corresponds to a lot size of 2000 shares.
When does the IPO open and close?
The IPO opens on March 12, 2024, and closes on March 14, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the stock may list on the stock exchange.
When is the listing date for the IPO?
The listing date for the IPO is March 19, 2024.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
12 Mar 2024
Close
14 Mar 2024
Allotment
15 Mar 2024
Listing
19 Mar 2024
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