Signatureglobal (India) has debuted at Rs 445.00 on the BSE, up by 60 points or 15.58% from its issue price of Rs 385.
The scrip is currently trading at Rs 449.10, up by 64.10 points or 16.65% from its issue price. It has touched a high and low of Rs 451.80 and Rs 444.10 respectively. So far 2.14 lakh shares were traded on the counter.
The offering, which was open for subscription between September 20, 2023 and September 22, 2023 was subscribed 12.5 times. The issue price was fixed at Rs 385 per share i.e. at upper end of price band of Rs 366-385 apiece.
Signatureglobal (India) is a real estate development company. The company operates in the National Capital Region of Delhi (Delhi NCR). The company strategically focused on the Affordable Housing segment and the Middle Income Housing segment through GoI and state government policies.
