Page 2 - Signature Global

Signature Global shares rise 4% in trade; Axis Capital sees 43% more steam

Signature Global share price gained 3.7 per cent in trade on Thursday on BSE, logging an intraday high at ₹1,294 per share; check target

Realty firm Signature Global purchases two land parcels in Gurugram

Realty firm Signature Global has acquired two land parcels in Gurugram totalling 10 acres to build housing projects. Signature Global's subsidiary firm has executed two sale deeds to purchase the lands admeasuring approximately 9.96 acres situated at Tehsil Sohna, District Gurugram, Haryana. These lands have an overall potential sales area of approximately 0.53 million (5.3 lakh) square feet, according to a recent regulatory filing. Last month, Signature Global chairman Pradeep Kumar Aggarwal said the company would invest around Rs 1,200-1,500 crore to acquire land parcels as part of its expansion plan. Signature Global had invested Rs 1,070 crore last fiscal year to purchase 48 acres of land in Gurugram, Haryana. "Land is an important raw material for real estate developers. We will be investing around Rs 1,200-1,500 crore on the acquisition of land parcels this fiscal," he had said. Signature Global emerged as the fifth largest listed real estate developer last fiscal in terms

Signature Global to invest ₹2,200 cr on new housing project in Gurugram

Realty firm Signature Global will invest around Rs 2,200 crore to develop a new housing project in Gurugram to expand business and achieve over 20 per cent growth in its pre-sales this fiscal year. The company has recently launched a premium residential project, 'Cloverdale', comprising 770 apartments, on Southern Peripheral Road (SPR), Sector 71, Gurugram. Signature Global emerged as the fifth largest listed real estate developer last fiscal in terms of sales bookings by achieving record pre-sales of Rs 10,290 crore. The Gurugram-based company has given a guidance of posting Rs 12,500 crore worth pre-sales in the current fiscal. "We have launched a new housing project in Gurugram. Housing demand continues to be strong in this city, especially for reputed builders," Signature Global Chairman Pradeep Kumar Aggarwal told PTI. The company is selling homes in a price range of Rs 4 crore to Rs 7 crore in this project, which is spread over 8 acres and is part of an overall 22-acre ...

Signature Global plans to raise ₹875 crore via NCDs to fuel expansion

Realty firm Signature Global plans to raise up to Rs 875 crore through non-convertible debentures on a private placement basis to fund business growth. In a regulatory filing on Wednesday, Signature Global informed that the Board has approved the raising of funds by issuance of secured listed redeemable non-convertible debentures (NCDs) for an amount not exceeding Rs 875 crore on private placement basis, in one or more series/tranches. The board also approved the notice of postal ballot for seeking shareholders' approval for the issuance of NCDs, enhancement of borrowing limit, enhancement of limit for the creation of security and alteration of Articles of Association of the company. Gurugram-based Signature Global is one of the leading real estate developers in the country. In 2024-25, the company emerged as the fifth-largest listed real estate firm in terms of sales bookings. The company sold properties worth Rs 10,290 crore in the last fiscal and is targeting Rs 12,500 crore in

Signature Global to invest Rs 4,000 cr in FY26 for construction projects

Realty firm Signature Global will invest around Rs 4,000 crore this fiscal to acquire land parcels and carry out construction activities in its housing projects at Gurugram, a top company official said on Monday. In an interview with PTI, Signature Global Chairman Pradeep Kumar Aggarwal said the company had invested Rs 1,070 crore last fiscal year to purchase 48-acre land in Gurugram, Haryana. "Land is an important raw material for real estate developers. We will be investing around Rs 1,200-1,500 crore on the acquisition of land parcels," he said. The company is looking for lands in the Delhi-NCR market to expand its business, Aggarwal noted. "Housing demand continues to be strong from end-users as well as investors. There is a mismatch of demand-supply," he said. Asked about construction spend, Aggarwal said the investment in construction activities would be around Rs 2,500 crore in 2025-26 against Rs 1,900 crore in the preceding fiscal. He highlighted that the company perform

Signature Global may launch NCR projects worth ₹17,000 crore in FY26

Realty major picks Dwarka Expressway and Southern Peripheral Road micro markets, but remains open to launching future projects in Noida and Delhi as well

Signature Global aims 21.5% rise in sales bookings in FY26 on strong demand

Realty firm Signature Global is targeting 21.5 per cent increase in its sales bookings to Rs 12,500 crore for the current fiscal as it plans to launch multiple housing projects to encash strong housing demand. According to an investor's presentation, the Gurugram-based company has provided guidance for sales bookings or pre-sales at Rs 12,500 crore for the 2025-26 fiscal. "The company plans to grow sales at 20 per cent in FY26 over FY25 and aims to consistently maintain this growth over the long term," Signature Global said. The company's sales bookings rose 42 per cent to a record Rs 10,290 crore in the 2024-25 fiscal. Signature Global on Thursday reported a 48 per cent increase in its consolidated net profit to Rs 61.12 crore for the latest quarter ended March. Its net profit stood at Rs 41.25 crore in the year-ago period. Total income declined to Rs 570.43 crore in the fourth quarter of the last fiscal from Rs 722.73 crore in the year-ago period. During the 2024-25 fiscal, ..

Signature Global Q4 results: Net profit rises 48%, revenue down 25%

Realty firm Signature Global saw a record ₹10,290 crore in FY25 pre-sales despite a Q4 revenue decline caused by project launch delays due to pending approvals

Signature Global Q4 pre-sales booking down 61% over launch approval delays

This comes even as the realty major's pre-sales figure for the overall FY25 rose to Rs 10,290 crore, a 42 per cent increase from Rs 7,270 crore recorded for the entire FY24

Signature Global acquires 8.39 acre land in Gurugram for Rs 282 crore

The company said that the overall developable potential of the acquired land would be approximately 2 million square feet, with a total revenue of around Rs 3,200 crore

Signature Global acquires 8.39 acre land in Gurugram for Rs 282 crore

Real estate firm Signature Global (India) Ltd has acquired 8.39 acres of land in Gurugram for Rs 282 crore to develop a housing project and is expecting a revenue of around Rs 3,200 crore. In a statement on Friday, the company said it has "acquired 8.39 acre land at Sector 37D, Gurugram, Haryana, at a cost of Rs 282.42 crore". The overall development potential of this land is about 20 lakh square feet. The company intends to launch the project on this land parcel by the end of the next financial year (2025-26) and expects total revenue of around Rs 3,200 crore, Signature Global said. On the development, Pradeep Aggarwal, Founder & Chairman of Signature Global, said, "Gurugram's housing market has experienced exceptional growth in recent years, with Dwarka Expressway emerging as India's fastest-growing real estate corridor." "Given the success of our past projects, we are confident that our upcoming development in this sector will receive an overwhelming response upon launch," he .

Signature Global shares zoom 8% on acquiring 8.38-acre land in Gurugram

The rise came after the company said that it has acquired 8.39 acres of land at Sector 37D, Gurugram, Haryana, near Dwarka Expressway at a cost of ₹282.42 crore

Stocks to Watch Today, March 17: IndusInd, NMDC, Muthoot Fin, Zydus Life

Stocks to Watch on Monday: Tata Communications, Signature Global, Power Grid, GR Infraprojects, Welspun Specialty, and Kolte Patil are among the top stocks to watch today, March 17, 2025

Signature Global to invest Rs 4,000 cr on 2 projects in Gurugram: Chairman

Realty firm Signature Global is planning to invest around Rs 4,000 crore to develop two new housing projects in Gurugram as part of its expansion plan, its Chairman Pradeep Kumar Aggarwal said. In an interview with PTI, he said, in the next quarter, the company plans to launch more than 40 lakh square feet of area in two premium housing projects in Gurugram. "We will be focusing on the Rs 2-5 crore price bracket, where we are seeing huge demand but limited supply," Aggarwal said. He noted that the demand for residential properties, especially for big reputed players, remains strong, although he acknowledged that the frenzy seen in the last few years have subsided to some extent. Asked about the total project cost to develop the two new housing projects, he said it will be around Rs 4,000 crore, including land, construction and other costs. On the operational front, Signature Global sold properties worth Rs 8,670 crore during the April-December period of this fiscal year, a sharp r

Signature Global targets zero net debt by FY26 on strong sales: Chairman

Realty firm Signature Global is targeting to achieve zero net debt during the next fiscal year on healthy internal cash flow supported by strong consumer demand for its residential projects in Gurugram. The company has reduced its net debt in the October-December quarter to Rs 740 crore, from Rs 1,020 crore at the end of the second quarter of this fiscal year. "We will achieve zero net debt during the next financial year," Signature Global Chairman Pradeep Kumar Aggarwal told PTI. He said the company has reduced its net debt significantly and would continue to do so. Signature Global net debt stood at Rs 1,160 crore at the end of the 2023-24 financial year. Aggarwal said the housing demand continues to be robust in Gurugram although he agreed that the "frenzy" witnessed during the past few years has subsided to some extent. He said the company would focus on a price bracket of Rs 2-5 crore per unit. "In this price bracket there is a huge demand but limited supply." On an operati

Signature Global's revenue set to rise at least 2.5 times to over Rs 3K cr

Real estate company Signature Global is expecting at least a 2.5 times jump in its operational revenue to more than Rs 3,000 crore in this fiscal on strong sales as well as completions of projects, its Chairman Pradeep Kumar Aggarwal said. In an interview with PTI, he also exuded confidence that the company would easily surpass the pre-sales target of Rs 10,000 crore and launches of Rs 16,000 crore during the current fiscal year. "The company's performance in the first three quarters of this fiscal has been very strong across all major parameters like sales bookings, launches, collection from customers and deliveries," Aggarwal said. He said the company would end the financial year 2024-25 on a strong note. Asked about the revenue growth, Aggarwal said, "We had given a guidance of Rs 3,800 crore worth of revenue recognition during the current fiscal year. Our operational revenue has already crossed Rs 1,900 crore in the first nine months of this financial year. We are hopeful of a

Signature Global sales bookings jump 2.8 times to Rs 8,670 cr in Apr-Dec

Real estate company Signature Global sales bookings jumped 2.8 times to a record Rs 8,670 crore in the first nine months of this fiscal on strong housing demand. According to its latest investors presentation, Signature Global's achieved pre-sales or sales bookings of Rs 8,670 crore in April-December period of 2024-25 fiscal from Rs 3,120 crore in the year-ago period, registering 178 per cent annual growth. Signature Global has given a sales guidance of Rs 10,000 crore for the entire 2024-25 fiscal as against Rs 7,270 crore in the preceding financial year. Signature Global launched projects worth Rs 13,500 crore in the first nine months of this fiscal year as against the target of Rs 16,000 crore for the entire 2024-25. The company's Chairman Pradeep Kumar Aggarwal said the robust performance in the first nine months of FY25, marked by strong revenue growth and achievement of profitability, reflects the success of its strategic initiatives and execution capabilities. "The remarkab

Signature Global Q3FY25 results: Revenue grows multifold to Rs 830 crore

The company's PAT for Q3FY25 stood at almost Rs 29 crore, against just Rs 2 crore in Q3FY24

Signature Global Q3 results: Net debt drops 29% to Rs 720 cr on high sales

Realty firm Signature Global has reduced its net debt by 29 per cent in the October-December quarter to Rs 720 crore on strong pre-sales and collections from customers. The net debt of Signature Global stood at Rs 1,020 crore at the end of the second quarter of this fiscal year. In its latest operational update, Signature Global mentioned that the net debt has come down 38 per cent to Rs 720 crore as on December 31, 2024 from Rs 1,160 crore at the end of the 2023-24 financial year. The company's collection of funds from customers has risen 54 per cent to Rs 3,210 crore in the first nine months of this fiscal from Rs 2,090 crore in the corresponding period of the preceding year. Signature Global sold properties worth Rs 8,670 crore during April-December period of this fiscal, registering a sharp rise from Rs 3,120 crore in the year-ago period. Average pre-sales realisation for April-December period of 2024-25 increased to Rs 12,565 per square feet compared to Rs 11,762 per square f

Signature Global buys 16-acre land in Gurugram for Rs 300 crore for project

Real estate company Signature Global has bought a 16.12-acre land in Gurugram for nearly Rs 300 crore to develop a housing project, as it remains bullish on demand for mid-income and premium residential properties. The land is located on Sector 71, Southern Peripheral Road, Gurugram, Haryana. "We have purchased a 16-acre land parcel in Gurugram for the development of a premium housing project," Signature Global Chairman Pradeep Kumar Aggarwal told PTI. He said the total development potential in this project would be around 27-28 lakh square feet area. Asked about the land cost, Aggarwal said the total investment of the purchase of land is nearly Rs 300 crore. He said the company had earlier done a joint development agreement with the landowner but now it has cancelled the same and bought this land parcel outrightly. Aggarwal said the company has bought this land using internal accruals, as the company is generating operating surplus. Signature will continue to look for land parc