SignatureGlobal India Ltd was originally incorporated as a Private Limited Company under in the name of Ridisha Marketing Private Limited' dated March 28, 2000 by the RoC. The name of Company was changed to SignatureGlobal (India) Private Limited' for undertaking real estate activities on January 6, 2014, and a fresh Certificate of Incorporation dated January 20, 2014 was issued by the RoC. Thereafter, the Company converted from a Private Limited Company to a Public Limited Company and the name of Company was changed to SignatureGlobal (India) Limited'through fresh Certificate of Incorporation dated March 10, 2022 consequent upon Change of Name and upon Conversion to a Public Limited Company granted by the RoC.
The Company is the largest real estate development company in the National Capital Region of Delhi focused on affordable and mid segment housing in terms of units supplied between 2019 and 2021 with a market share of 19%. The Company is also largest real estate developer in the Gurugram and Sohna region, with a market share of 49% of the total supply of units developed. It provide 'value homes' with attractive designs and amenities. Their projects under the Affordable Housing Policy (AHP), typically priced below Rs 3 million per unit, includes amenities such as recreational areas, gardens, open spaces and community halls. The projects under the Deen Dayal Jan Awas Yojana- Affordable Plotted Housing Policy (DDJAY - APHP), typically priced between Rs 4 million and Rs 8 million per unit, provide facilities including gymnasiums, recreational spaces, entertainment centres, swimming pools and sporting facilities. Each of the policies is focused on affordable and mid segment housing.
The Company commenced operations in 2014 through its Subsidiary, Signature Builders Private Limited, with the launch of Projects Solera and Synera on 6.13 acres of land in Gurugram, Haryana; launched Project Grand IVA in year 2015; Project Orchard Avenue in 2016; launched Projects Roselia, Serenas, Millennia, Solera 2 and Sunrise the Premium Floor during 2017; Projects Roselia 2, Signature Global City 1 (Floors) and Signature Global City 2 (Floors) in 2018; launched Projects Signature Global Park 2, Signature Global Park 3, Orchard Avenue 2, Signature Global Prime and Signature Global Aspire during 2019; Projects Signature Global Proxima 1, Signature Global Proxima 2, Golf Green 79, Signature Global Park 4, Signature Global Park 5, Signature Global Superbia and The Millennia 3 in 2020; launched Signature Global City 37D, Signature Global City 81, Signature Global Park 1 and Signature Global City 92 in 2021 and Projects Signature Global Imperial and The Millennia 4 and Infinity Mall in 2022.
The project Millennia 4, launched in January 2022, witnessed complete subscription of the 814 units on offer within 24 hours of launch while Imperial, launched in March 2022, witnessed subscription of all 1,141 units on offer within 12 hours of launch. Millennia 4 and Imperial
also witnessed an over subscription of 2.19 times and 3.15 times the units on offer, respectively. Further, the key Completed Projects include Solera, Serenas and Synera, each located in Gurugram, Haryana. Certain of notable Ongoing Projects include City 37D, Sunrise and Prime, located in Gurugram, Karnal and Gurugram, respectively. In addition to the Gurugram area, the Company launched certain projects across key markets in Haryana such as Karnal, under the DDJAY - APHP policy.
The Company is proposing a Public Offer aggregating up to Rs 1000 crores Equity Shares by raising capital comprising Rs 750 crore through Fresh Issue and Rs 250 crore through Offer for Sale.