Market Highlights

Post-listing view on Signature Global and Sai Silk IPO from Shivani Nyati, Head of Wealth, Swastika Investmart Ltd.Signature Global:IPO listed on the BSE and NSE on September 27, 2023, at Rs. 444 per share, a premium of 15.32% over its IPO price of Rs. 385. The listing was in line with expectations, given the good response that the IPO received. Signature Global is a leading real estate developer in Delhi-NCR, but it has a history of losses and faces concentration risk and stiff competition from other developers.Read more:

1. Share Market Highlights 27 Sep 2023: Nifty above 19,700; Sensex gains 173 pts; L&T, CIL among top gainers - The Hindu Business Line

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