March 12, 2024 - March 14, 2024

Signoria Creation IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Signoria Creation IPO.

Signoria Creation IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Signoria Creation IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Signoria Creation IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is an emerging brand in women wears with traditional designs and outfits. It has posted growth in its top and bottom lines for FY21 to FY23. Though on the basis of H1-FY24 performance, the issue appears aggressively priced, historically, as claimed by the management, it derives nearly two third of revenues with commensurate profits in the second half due to seasonality aspect. Hence, well-informed investors may park funds for the medium to long term rewards. Read detail review...

Signoria Creation IPO Peer Comparison

Signoria Creation Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Signoria Creation Limited	10.41	10.41	52.54		39.62	1.24
Nandani Creation Limited	0.11	0.11	21.59	585.90	0.39		Standalone

Notes:

Financial information of the company is derived from the Restated Financial Statements for the Financial Year ended March 31, 2023.
All the financial information for listed industry peers mentioned above is on a Standalone basis from the audited financial statements of a respective company for the year ended March 31, 2023, submitted to the stock exchange i.e., Bombay Stock Exchange of India Limited, and from the respective company website.
Considering the nature and size of the business of the Company, the peers are not strictly comparable. However, the above Company has been included for broad comparison.
Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company for the year ended March 31, 2023.
The P/E Ratio has been computed based on the closing market price of equity shares on the Stock Exchange (National Stock Exchange of India Limited) as of February 15, 2024, divided by the Basic EPS provided above in the table.
For listed peers, RONW is computed as profit after tax for the year ended March 31, 2023, divided by Shareholder's equity.
Net Asset Value per share (NAV) (in Rs.) is computed as the closing net worth divided by the equity shares outstanding as on March 31, 2023.

Signoria Creation IPO Review by Members

Signoria Creation IPO Reviews, analysis and views by popular members. Read Signoria Creation Limited IPO reviews by retail investors to find recommended ipo to buy.

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Signoria Creation IPO Review Summary by Members

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