Tag: Pradeep Aggarwal

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Signature Global, RMZ Team Up for Gurugram Mixed-Use Project

NEW DELHI: Signature Global (India) has partnered with RMZ to establish a joint venture focused on a mixed-use development featuring office spaces, hotels, and retail units along the Southern Peripheral Road (SPR) in Gurugram. According to the agreement, the companies will create a 50:50 joint venture, with RMZ investing ₹1,283 crore in the project. Pradeep Aggarwal, founder & chairman of Signature Global (India), stated, “The Southern Peripheral Road has consistently developed into a significant hub for residential and commercial projects, bolstered by robust infrastructure and connectivity.” As part of this deal, RMZ will acquire a 50% stake in Gurugram Commercity…

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Signature Global reports ₹45.33 crore net loss in Q3 FY26

NEW DELHI: Signatureglobal (India) has reported a net consolidated loss after tax of ₹45.33 crore for the quarter ending December 31, 2025, compared to a profit after tax of ₹29.13 crore during the same quarter of the previous fiscal year, as noted in a filing with BSE. The company’s net consolidated total income for Q3 FY26 was ₹312.76 crore, reflecting a 63.72% decline from ₹862.14 crore in the corresponding quarter of the previous year. Pradeep Aggarwal, the founder and chairman, stated, “We have maintained steady performance during the first nine months of FY26. Although the real estate market has experienced…

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Signature Global reports ₹46.86 crore loss in Q2 FY26

NEW DELHI: Signatureglobal (India) reported a net consolidated loss after tax of ₹46.86 crore for the quarter ending September 30, 2025, a decline from a profit of ₹4.15 crore in the same quarter of the previous fiscal year, according to their BSE filing. The company’s net consolidated total income for Q2 FY26 was ₹372.51 crore, representing a 52.08% decrease from ₹777.42 crore in the corresponding quarter last year. During Q2 FY26, the management of the group opted to sell its investment property in the NCR region, successfully securing ₹5 crore from this transaction. Published on Nov 7, 2025 at 05:03…

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Signature Global secures ₹8.75B through NCDs for housing projects

NEW DELHI: Signature Global (India) has successfully secured ₹8.75 billion through a private placement of non-convertible debentures (NCDs) with the International Finance Corporation (IFC), the World Bank’s lending arm. The NCDs received ‘A+’ stable ratings from Care Edge Ratings, marking the company’s first listed debt transaction. With a coupon rate of 11%, the NCDs have a tenure of three years, two months, and 30 days, maturing on January 15, 2029. The proceeds will be allocated for developing mid-income housing and environmentally sustainable projects, along with reducing existing debt. Pradeep Aggarwal, founder and chairman of Signature Global, expressed, “We are committed…

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Signature Global Pre-Sales Reach ₹46.5 Billion in H1 FY26

NEW DELHI: Signature Global has announced pre-sales of ₹46.5 billion for H1 FY26, alongside collections of ₹18.7 billion for the same timeframe. In Q2 FY26, pre-sales reached ₹20.1 billion, with collections increasing to ₹9.4 billion. The average sales price during this quarter was ₹15,000 per sq ft, compared to ₹12,457 per sq ft in FY25. The company’s net debt has slightly increased to ₹9.7 billion due to the purchase of 33.47 acres of land in the key Sohna micro-market, which has a development potential of approximately 1.76 million sq ft. Chairman and whole-time director Pradeep Kumar Aggarwal stated, “We continue…

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Signature Global to raise ₹875 crore next week through NCDs

NEW DELHI: Signature Global Ltd, a real estate firm, plans to raise Rs 875 crore next week through non-convertible debentures (NCDs) targeted at investors. In a regulatory filing on Thursday, the company announced that its Debenture Committee has approved the issuance of 87,500 NCDs, with a face value of Rs 1 lakh each, totaling Rs 875 crore via private placement. The NCDs, which have a coupon rate of 11%, will have a tenure of 3 years, 2 months, and 30 days, with allotment slated for October 16, 2025, and maturity on January 15, 2029. Earlier in June, the board of…

InfrastructureLatest Stories

Gurugram: Buyers Protest Developer Over Poor Roads at Signature Global City-1

GURUGRAM: On Friday, numerous residents from Signature Global City-1 in Sector 37D protested against the developer, claiming inadequate road connectivity. Residents stated that the builder had assured them of a 24-meter-wide road leading to the main access point. However, over a year post-possession, the promised road remains absent, causing daily commuting difficulties. Currently, around 150 families reside in the society out of a total of 1,250 flats, with possession commencing last year. The developer’s representative did not respond to inquiries from TOI. Residents highlighted that poor connectivity is more than just an inconvenience; it poses risks for individuals of all…

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Signature Global Targets 92% Growth by FY26

NEW DELHI: Realty firm Signature Global Ltd aims to boost its operational revenue by 92% this fiscal year, fueled by strong sales in its residential projects across Gurugram. According to its latest investor presentation, the company is targeting revenue of ₹4,800 crore for this financial year. Signature Global’s operational income reached ₹2,498.02 crore during the 2024-25 fiscal year. The company mentioned that it has “achieved around 19% of guidance.” It anticipates increased momentum in the upcoming quarters, driven by timely construction completions. In the real estate segment, revenue recognition can occur either upon project completion or via the percentage-of-completion method.…

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Signature Global India Q1 FY26 Net Profit at ₹34.43 Crore

NEW DELHI: Signatureglobal (India) has reported a consolidated net profit after tax of ₹34.43 crore for the quarter ending June 30, 2025, a significant increase from ₹6.79 crore in the same quarter last year, according to a BSE filing. The company’s total net consolidated income for Q1 FY26 reached ₹898.35 crore, marking a 109.90% growth from ₹427.98 crore recorded in the same period last year. Pradeep Kumar Aggarwal, chairman and whole-time director of the company, stated, “Capitalizing on the strong momentum from FY25, we achieved impressive performance in the first quarter of FY26, with our operational revenue doubling year-on-year.” The…

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Signature Global records ₹2,640 crore pre-sales in Q1 FY26

Representative image created by AI NEW DELHI: Signatureglobal (India) reported pre-sales of ₹2,640 crore for Q1 FY26, down from ₹3,120 crore during the same period last year. The company experienced a notable increase in average sales realization, which rose by 31% year-on-year to ₹16,296 per sq ft in Q1 FY26, compared to ₹12,457 per sq ft in FY25. Pradeep Kumar Aggarwal, chairman and whole-time director, stated, “We expect strong sales momentum and are confident in achieving our annual targets across several metrics.” Collections for the quarter totaled ₹930 crore, lower than ₹1,210 crore in Q1 FY25. In terms of business…