Signature Global raised Rs 318.5 crore from Anchor Investors, company's IPO is coming into the market tomorrow
Real estate company Signature Global said in a regulatory filing that it has raised Rs 318.5 crore from anchor investors including Nomura. The company is going to launch its IPO in the market tomorrow. Signature Global's sales have increased by 32 percent in the last financial year. The company said that due to strong demand, there has been an increase in sales.
Realty firm Signature Global is going to launch its Initial Public Offer (IPO) in the market tomorrow on Wednesday, 20th September.
A day before this, i.e. today, Signature Global informed in its regulatory filing that it has raised Rs 318.5 crore from anchor investors including Nomura.
In a regulatory filing, Signature Global said it has subscribed for 82,72,700 equity shares at Rs 385 per equity share, under the Anchor Investors portion in the IPO.