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Signoria Creation IPO

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.

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Important Details

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

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Fundamental Analysis

Signoria Creation's IPO revenue and equity growth, fluctuating profitability. Caution is warranted due to financial variability and rising leverage.

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Peer Comparison

Signoria Creation revenue ₹1914.92 lakhs, RoNW 39.62%. Outperforms Nandani Creations with higher profitability and stronger return on equity.

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Objective

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.

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Risks And Challenges

Signoria faces risks from market trends, consumer preferences, and competition. Reliance on six key products exposes vulnerability to market fluctuations.

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