Signoria Creation Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Signoria Creatio

CMP

125.00

-5.00 (-3.85%)

  • DRHP
₹65

Offer Price

₹ 9.28 Cr

Issue Size

₹ 1,30,000

Min Investment

2,000

Lot size

Time Line

  • 12
    Mar 2024
    Open
  • 14
    Mar 2024
    Close
  • 15
    Mar 2024
    Finalisation of Basis of Allotment
  • 18
    Mar 2024
    Initiation of Refunds
  • 18
    Mar 2024
    Transfer of Shares to Demat Account
  • 19
    Mar 2024
    Listing Date

Objects of the Offer

  • Invest in infrastructure and technology.

  • Expanding its customer base.

  • Improving functional efficiency.

  • Enhancing existing products base and product quality.

Products & Services

  • Signoria Creation Limited is engaged in manufacturing and marketing of women apparels.

Strengths

  • Experienced management & work force.

  • Established Manufacturing facility.

  • Focus on Quality and Safety.

  • Cost Leadership and time bound execution.

  • Existing relationship with the clients.

Risks

  • Changes in market trends, fashion and consumer preferences and increase in competition that are largely beyond its control could adversely affect its business, financial condition, results of operations and prospects.

  • The company is highly dependent upon a limited number of suppliers. 76.45%, 52.04%, 49.81% and 53.71% of its Total Purchases are derived from its top 10 suppliers for the quarter ended June 30, 2023 and Fiscal Years ended on March 31, 2023, 2022 and 2021.

  • The company derives 70.46%, 66.15%, 51.60% and 47.17% of its revenue from top 10 customers during the period ended on September 30, 2023, and fiscal ended on March 31, 2023, 2022 and 2021. If one or more of such customers choose not to source their requirement from it, the company`s business, financial condition and result of operation may be adversely affected.

  • The company does not have long term agreements with suppliers for its raw materials and packaging material and an increase in the cost of, or shortfall in the availability or quality of such raw materials and packaging material could have an adverse effect on its business, financial condition and result of operation.

  • Its reliance on six major products comprises the substantial sales and any factor affecting the sales of these major products could have an adverse effect on its business.

Company Promoters

Promoters Holding

Issue For IPO
100.00%
Pre Holding

100.00%

Post Holding

-

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 11.82 (102.10%) 19.15 (62.00%) 39.62 (-)
Gross Profit 11.82 (102.10%) 19.15 (62.00%) 39.62 (-)
Net Income 11.82 (102.10%) 19.15 (62.00%) 39.62 (-)
Assets 11.82 (102.10%) 19.15 (62.00%) 39.62 (-)
Liabilities 11.82 (102.10%) 19.15 (62.00%) 39.62 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Signoria Creation Ltd 19.15 2.31 16.33 10.50 39.62 0.00 52.54 2.25 0.64
Nandani Creation Ltd 48.88 0.11 48.15 48.15 0.37 0.11 25.36 0.22 0.34

Book Running Managers

  • Holani Consultants Pvt Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

324 Ayekar Nagar II Near RICCO,
Industrial Area Mansarovar,
Jaipur - 302020
Phone : +91 93588 38840 Email : cs@signoria.in www.signoria.in

Offer Related Information

Initial public offer of 14,28,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Signoria Creation Limited ("The Company" or "Company" or "Issuer") for cash at a price of Rs. 65 per equity share (including a share premium of Rs. 55 per equity share), aggregating to Rs. 9.28 crores** ("The Issue"). This issue includes a reservation of 72,000 equity shares aggregating to Rs. 0.47 crores (constituting up to 1.51% of the post-issue paid up equity share capital of the company)... More

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