Signatureglobal (India) IPO GMP History
Signatureglobal (India) IPO has been listed on September 27, 2023 at a listing price of ₹444, against the issue price of ₹385 — a gain of ₹59 (+15.32%). The GMP peaked at ₹40 on 20 September 2023 and reached a low of ₹28 on 18 September 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Signatureglobal (India) IPO raised ₹730 Cr. through its IPO at a price band of ₹366 to ₹385 per share, with a lot size of 38 shares. The IPO was open for subscription from 20 Sep 2023 to 22 Sep 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:08 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 26 Sep 2023 | ₹ 35 | ▲ | 9% | — | — |
| 25 Sep 2023 | ₹ 32 | ▼ | 8% | — | — |
| 23 Sep 2023 | ₹ 35 | — | 9% | — | — |
| 22 Sep 2023 | ₹ 35 | — | 9% | — | — |
| 21 Sep 2023 | ₹ 35 | ▼ | 9% | — | — |
| 20 Sep 2023 | ₹ 40 | ▲ | 10% | — | — |
| 19 Sep 2023 | ₹ 35 | ▲ | 9% | — | — |
| 18 Sep 2023 | ₹ 28 | — | 7% | — | — |
Signatureglobal (India) IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 20 Sep 2023
- Close 22 Sep 2023
- Allotment 27 Sep 2023
- Refund/credit 29 Sep 2023
- Listing 27 Sep 2023
Signatureglobal (India) IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹385 |
|---|---|
| GMP-based estimate (pre-listing) | ₹420 (+9.1%) |
| Listing gain / loss | +₹59 per share |
| Listing date | 27 Sep, 2023 |
| Actual listing price | ₹444 (+15.32%) |
Is Signatureglobal (India) IPO GMP reliable?
Grey market premium for Signatureglobal (India) IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Signatureglobal (India) IPO full review for a fundamentals-based assessment before making any grey market trades.
Signatureglobal (India) IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Signatureglobal (India) IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Signatureglobal (India) IPO
Signatureglobal (India) Limited was incorporated as Ridisha Marketing Private Limited on 28 March 2000. As per Anarock, it is the largest real estate developer in Delhi NCR in affordable and lower mid segment housing, below Rs 8 million, by units supplied from 2020 to March 2023, with a 19% market share.
As of 31 March 2023 it was also the largest developer under the Affordable Housing Policy in the Gurugram and Sohna region, with an 18% share of units supplied.
It focuses on affordable and mid segment housing, mainly in the Gurugram and Sohna micro-markets, and uses government schemes such as the Affordable Housing Policy and the Deen Dayal Jan Awas Yojana.
The IPO was Rs 730 crore, with Rs 603.00 crore of fresh issue and Rs 127.00 crore of offer for sale by International Finance Corporation. Rs 264.00 crore was planned for repaying the company's borrowings and Rs 168.00 crore for repaying subsidiary borrowings.
Frequently asked
What is the GMP of Signatureglobal (India) IPO?
The current Grey Market Premium (GMP) of Signatureglobal (India) IPO is ₹ 35.
What is the Kostak Price of Signatureglobal (India) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Signatureglobal (India) IPO is not available.
What is the Subject to Sauda Price of Signatureglobal (India) IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Signatureglobal (India) IPO?
Signatureglobal (India) IPO listed on September 27, 2023 at ₹444, against the issue price of ₹385 — a gain of +15.32%.
How did the GMP of Signatureglobal (India) IPO trend before listing?
The GMP of Signatureglobal (India) IPO was rising in its final days before listing. The GMP peaked at ₹40 on 20 September 2023. View the day-wise table above for the complete GMP history.
Explore Signatureglobal (India) IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
