Signature Global Secures Rs 875 Crore for Mid-Income Housing Expansion

Realty firm Signature Global Ltd has successfully raised Rs 875 crore by issuing non-convertible debentures (NCDs) to the International Finance Corporation (IFC), a part of the World Bank, aimed at developing mid-income housing projects and reducing debt.

Based in Gurugram, Signature Global is one of India's top real estate developers. The firm sold properties worth Rs 10,290 crore last fiscal year, positioning it as the country's fifth-largest listed realty company in terms of sales bookings. Chairman Pradeep Kumar Aggarwal announced this financial milestone following a successful Initial Public Offering.

The three-year, two-month, and 30-day maturity period NCDs, issued at an 11 percent coupon rate, reflect Signature Global's strategic move toward significant growth. Despite witnessing a 21 percent drop in sales bookings during the first half of 2025-26, the company remains committed to expanding its project pipeline and achieving a target of Rs 12,500 crore in sales bookings for the year.