IPO Details
Bidding Dates
12 Mar 24 - 14 Mar 24
Price Range ₹
61 - 65
Total Equity
₹ 0.00Cr
Lot Size
2000
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
12 Mar 2024
Offer end
14 Mar 2024
Allotment
15 Mar 2024
Refund initiation
18 Mar 2024
Demat transfer
18 Mar 2024
Listing
19 Mar 2024
Offer start
12 Mar 2024
Offer end
14 Mar 2024
Allotment
15 Mar 2024
Refund initiation
18 Mar 2024
Demat transfer
18 Mar 2024
Listing
19 Mar 2024
About Company
Founded in 2019, Signoria Creation Limited specializes in manufacturing and selling women's clothing, including kurtis, pants, tops, co-ord sets, dupattas, and gowns. The company operates two manufacturing units, Unit I and Unit II, situated in Mansarovar and Sanganer, Jaipur, Rajasthan. Recently, on September 08, 2022, Signoria Creation Limited acquired a 501.33 square meter plot at H1-74, RIICO Industrial Area, Mansarovar, Jaipur, Rajasthan - 302020, adjacent to its existing garment manufacturing factory. This new plot is currently under construction and will expand the company's production capacity. In the financial year 2022-2023, the total operational capacity of the factory is expected to exceed 4,77,000 pieces of quality garments.
Year Founded
30-09-2019
Promotor Details
Vasudev Agarwal
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 76 | 0 |
| Share Capital | 2530890 | 0 |
Project Details
- Funding the working capital requirement of our Company - 62.75cr
Objectives
- 1) Funding working capital requirements of our Company.2) General corporate purposes.
Highlights
- Manufactures and sells a variety of women's clothing, catering to different preferences and tastes in the market.
- Two manufacturing units located in Mansarovar and Sanganer, Jaipur, Rajasthan, providing access to skilled labor and raw materials in a prominent textile hub.
- Employing both permanent and contract employees may lead to challenges in maintaining a cohesive workforce and ensuring employee satisfaction.
- High operational capacity of over 4,77,000 pieces of quality garments demonstrates efficiency in production processes and management.
- Provides employment to a significant number of employees across various departments, contributing to economic growth and livelihoods.
Challenges
- Faces competition from other clothing manufacturers, which may impact market share and profitability.
- Concentration of manufacturing units in a single geographical area may pose risks related to natural disasters, supply chain disruptions, etc.
- Acquisition of a new plot for construction near the existing factory indicates potential for expansion and increased production capacity.
- Compliance with various regulations and standards in the garment industry may require additional resources and expenses.
- Vulnerable to economic fluctuations and consumer spending patterns, which can impact demand for clothing products and overall business performance.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2021 | 597.88 | 50.00 | 67.53 | 67.53 | 4.502 |
| 2024 | 3,117.97 | 475.80 | 67.53 | 67.53 | 4.502 |
| 2022 | 950.76 | 50.00 | 32.60 | 32.60 | 2.1733 |
| 2023 | 2,334.92 | 111.00 | 240.88 | 240.88 | 5.0626 |
