IPO updates: Signature Global lists at 15.5% premium; Sai Silks opens 4% higher
Signature Global (India) shares were listed at ₹444 apiece on the NSE, while Sai Silks shares opened at ₹231 per share.
Signature Global (India) shares were listed at ₹444 apiece on the NSE, while Sai Silks shares opened at ₹231 per share.
The IPO includes a fresh issue of ₹603 crore and an offer for sale (OFS) of shares worth ₹127 crore by promoters and existing shareholders.
A portion of the net proceeds will be used for pre-payment of repayment of loan facilities availed by the realty major and its subsidiaries.