Signature Global Rs 730 crore IPO receives 54% subscription on first day of bidding

Dated on: Thursday 21st September 2023

On the first day of its Initial Public Offering (IPO), real estate firm Signature Global (India) witnessed a 54 percent subscription rate. The public offering garnered bids for 60,34,704 shares out of the 1,12,43,196 shares available, according to data from the NSE. Non-institutional investors subscribed 1.42 times, while the Retail Individual Investors (RIIs) category achieved an 89 percent subscription rate.