Signature Global raises Rs 875 crore from IFC to pay down debt and buy land

Signature Global raises Rs 875 crore from IFC to pay down debt and buy land

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Gurgaon-based real estate developer Signature Global has raised Rs 875 crore through a private placement of non-convertible debentures (NCDs) with the International Finance Corporation (IFC), the World Bank’s lender.

The company has used over 50% of the fund to pay off existing debt, while the balance is being used to acquire land at Sohna in Gurugram.

The NCDs, which have been rated ‘A+’ stable by Care Edge Ratings, are already listed on BSE and are Signature Global’s first ever listed debt transaction.
With a coupon rate of 11%, the term of the NCDs is 3 years, 2 months and 30 days. The NCDs expire on January 15, 2029.

“We have a strong launch pipeline for the second half of FY26 with launches worth Rs 12,000-13,000 crore, spread over 7-8 million sq ft. This will help us achieve the guidance for the year. Most of the projects are self-sustainable and we will not require additional financing,” said Pradeep Aggarwal, Founder and Chairman, Signature Global (India) Ltd.


Signature Global is now focused on developing environmentally sustainable projects and meeting all ESG requirements in future projects. “Wellness is now the theme of our projects where, in addition to homes and amenities, we will also ensure the well-being of the residents. For this, we have tied up with various companies to monitor health and ensure mental and physical fitness,” said Aggarwal. A total of 19 Signature Global projects are EDGE certified, which is among the highest in the entire real estate industry in the world. country. The company’s ESG commitments have also recently been recognized by the Global Real Estate Sustainability Benchmark (GRESB), where it scored a score of 84 in its debut, placing the company among the top performers globally for the first time.

In the 2024-2025 financial year, the company was the fifth largest listed real estate developer based on sales bookings. It achieved pre-sales of Rs 10,290 crore in the previous fiscal and is targeting Rs 12,500 crore in the current fiscal.

As of Q1 2026, the company has a robust project pipeline of 17.1 million square feet of recently launched projects, and 9.2 million square feet of ongoing projects. The company has 24.5 million square feet of future developments to be developed over the next two to three years.

Signature Global has a market share of 13% in the National Capital Region (NCR) and 20% in Gurugram within the price range of Rs 2 crore to Rs 5 crore.

The company reported a 386% year-on-year increase in profit after tax (PAT), to Rs 34 crore in Q1 FY26, compared to Rs 7 crore in Q1 FY25.

This growth was primarily driven by higher revenue recognition, which rose 118% to Rs 870 crore, compared to Rs 400 crore in the same quarter last year, due to higher project completions. The company has delivered a total of 15.7 million square feet of real estate development through the first quarter of FY26.

In line with its long-term growth strategy, SignatureGlobal acquired 9.96 hectares of land in its key micro market Sohna in the first quarter of 2026. The plot offers a development potential of approximately 0.53 million square meters.

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