Signoria Creation's INR 9.28 cr IPO offers 14.28L fresh shares for working capital needs. A strategic move for operational readiness and sustained growth in the textile sector.
Date: Mar 12 to Mar 14, 2024 Listing Date: Mar 19, 2024 Price: INR 61 to 65 per share Lot Size: 2000 Shares Total Issue Size: INR 9.28 crores
Signoria Creation's IPO revenue and equity growth, fluctuating profitability. Caution is warranted due to financial variability and rising leverage.
Signoria Creation revenue ₹1914.92 lakhs, RoNW 39.62%. Outperforms Nandani Creations with higher profitability and stronger return on equity.
Signoria IPOs’ INR 6.27 crores for expanding operations, production, sales, and serving a more extensive customer base. Rest for general corporate purposes and strategic initiatives.
Signoria faces risks from market trends, consumer preferences, and competition. Reliance on six key products exposes vulnerability to market fluctuations.
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