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News Details

04/03/2024 13:10

Signoria Creation announces launch of initial public offering

Signoria Creation Ltd. has announced public offering of 1428000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 55.00 per share. The gross proceeds of the issue are expected to be Rs 928.20 lakhs.

The company's initial public offer (IPO) will open on 12 March 2024 and is expected to close on 14 March 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 61.00-65.00 per share.

The IPO includes a fresh Issue of 1428000 Equity Shares of the Company at an price of Rs 65.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Signoria Creation Ltd. anticipates using the proceeds of the issue for .

Holani Consultants Private Limited as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.