Realty firm Signature Global gets approval from SEBI for Rs.1,000 crore IPO.

Another step towards the “Institutionalization” of the Real estate sector. Public listing of Real Estate developers have been a rare event and is reflective of the quantum leap that is required for the industry players to open the books to the public at large.

This is evident from the fact that there have been only ๐Ÿฎ ๐—ฃ๐˜‚๐—ฏ๐—น๐—ถ๐—ฐ ๐—น๐—ถ๐˜€๐˜๐—ถ๐—ป๐—ด๐˜€ ๐—ผ๐—ณ ๐—ฎ ๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ ๐—ฅ๐—ฒ๐—ฎ๐—น ๐—˜๐˜€๐˜๐—ฎ๐˜๐—ฒ ๐—ฑ๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—ฒ๐—ฟ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐˜€๐—ถ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น ๐˜€๐—ฝ๐—ฎ๐—ฐ๐—ฒ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜€๐˜ ๐—ฑ๐—ฒ๐—ฐ๐—ฎ๐—ฑ๐—ฒ [Lodha Developers and Rustomjee].

Given below are the time lines for IPO listings for some key players.

1. Sobha developers [2006]
2. Brigade [2007]
3. DLF [2007]
4. Godrej Properties [2009]
5. Sunteck Realty [2009]
6. Indiabulls Real Estate [2009]
7. Prestige [2010]
8. Oberoi Realty [2010]

1. Lodha Developers [2021]
2. Rustomejee [2022]

Look forward to more listings in this space and congratulations to the team that is joining the list next.