What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Signatureglobal (India) Limited IPO?

Signatureglobal (India) Limited IPO has received a total subscription of 11.88 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Signatureglobal (India) Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in 2000, Signatureglobal (India) Limited is a real estate development company focused on affordable and mid-segment housing in the National Capital Region (NCR) of Delhi. The company began its journey with the Solera project on 6.13 acres in Gurugram, Haryana, and has since expanded significantly, selling 23,453 residential and commercial units within the NCR as of March 2022. With a remarkable sales growth CAGR of 142.62%, its revenue surged from ₹4,400.10 million in FY 2020 to ₹25,900.38 million in FY 2022. Signatureglobal aligns its projects with government initiatives like the Affordable Housing Policy, 2013, and the Deen Dayal Jan Awas Yojana (DDJAY - APHP) to help customers achieve homeownership. The company is committed to offering "value homes" with modern designs and amenities while enhancing project value and creating better living environments.

Price Band

₹366 – ₹385

Issue Size

₹730 Cr

Lot Size

38 shares

GMP

₹50.5

+13.1%

Est. Listing

₹435.5

at current GMP

Subscribed

11.88x

overall

Open

20 Sep 2023

22 Sep 2023

Allotment

25 Sep 2023

Refund

26 Sep 2023

Demat Credit

27 Sep 2023

Listing

27 Sep 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

11.88x

Total Demand

QIB Multiplier

12.71x

Institutions & Funds

NII / HNI

13.54x

High Net-Worth

Retail (RII)

6.82x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 11.88x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	6,256,858	79,508,806	12.71x
NIB	2,991,803	40,499,488	13.54x
HNIs(10L +)	1,994,535	31,467,420	15.78x
HNIs (2-10L)	997,268	9,032,068	9.06x
RETAIL	1,994,535	13,596,742	6.82x
Total	14,234,999	174,104,524	11.88x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 7.06x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	174,641	1,191,052	6.82x
HNIs (10L +)	1,117	15,124	13.54x
HNIs (2-10L)	5,346	72,385	13.54x
Total Applications	181,104	1,278,561	7.06x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Signatureglobal (India) Limited Public Issue & Market Profile

Signatureglobal (India) Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹730 Crores. The shares are offered at a price band of ₹366 to ₹385 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 38 shares (approx. ₹14,630 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Link Intime India Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-27, while un-allotted funds or UPI block mandates will be released on 2023-09-26.

Frequently Asked Questions

What is Signatureglobal (India) Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Signatureglobal (India) Limited IPO is ₹50.5 per equity share. Based on the upper price band of ₹366 to ₹385 per equity share, the estimated listing price is ₹435.5 (+13.1% expected listing gain).

What is the expected profit per lot for Signatureglobal (India) Limited IPO?

With a lot size of 38 shares and current GMP of ₹50.5, the expected profit per application lot is approx ₹1,919 (+13.1% gain). Minimum application cost is approx ₹14,630.

What is the issue size and price band for Signatureglobal (India) Limited IPO?

The Signatureglobal (India) Limited IPO aggregate issue size is ₹730 Crores with an equity price band set at ₹366 to ₹385 per equity share. The retail lot size is 38 shares requiring a minimum capital outlay of approx. ₹14,630.

How can I check Signatureglobal (India) Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 11.88x (Retail: 6.82x, QIB: 12.71x, NII: 13.54x). You can track live multiples directly on our dedicated subscription page.

Where and when will Signatureglobal (India) Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd) and the BSE status verification website on or around 2023-09-25. Investors can verify status using PAN card or application number.

When is the listing date for Signatureglobal (India) Limited IPO?

Signatureglobal (India) Limited shares are scheduled to list on NSE and BSE on 2023-09-27.