Signature Global raises Rs 875 crore from IFC to boost housing portfolio

Gurugram-based realty developer Signature Global Ltd on Tuesday said it has raised Rs 875 crore from the World Bank’s lending arm, International Finance Corporation (IFC), through the issuance of non-convertible debentures (NCDs). The company said the funds will be used to develop housing projects and retire high-cost debt, strengthening its balance sheet and supporting its expansion into green housing.

With this, Signature Global becomes the first Indian residential real estate company to receive funding from IFC, reflecting international investors’ growing confidence in India’s mid-income housing segment.

Expanding focus on sustainable, ESG-aligned housing

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Highlighting the company’s commitment to sustainability, Pradeep Aggarwal, Founder and Chairman of Signature Global (India) Ltd, said, “Ever since our inception, we have focused on key pillars of customer satisfaction, delivery and transparency. Reposing of faith by an institution of repute like IFC is a testimony of our right approach and direction. We are determined to take this journey forward and will utilise the proceeds for development of mid-income housing, particularly for ESG-aligned projects.”

Aggarwal added that the company is focusing on environmentally sustainable projects and ensuring that all future developments meet ESG compliance standards.

Also Read: Signature Global buys 16-acre land in Gurugram for Rs 300 crore to build premium homes

Growth Outlook: Rs 12,500 crore sales target this fiscal

Signature Global said it is confident of achieving its sales bookings target of Rs 12,500 crore for FY25, supported by a launch pipeline worth Rs 14,000 crore over the next five months. The company plans to launch two new projects in Dwarka and Gurugram, including its ongoing ‘Dakshin’ project in Gurugram.

Last fiscal, the developer recorded Rs 10,290 crore in property sales, making it the fifth-largest listed realty firm in India by bookings.

Also Read: Signature Global sales bookings jump over 2-fold to Rs 2,770 crore Q3 on high housing demand

Stock performance and operational update

Shares of Signature Global India Ltd have been under pressure this year, down 19.8 per cent year-to-date, according to BSE data. The stock closed on Tuesday at Rs 1,086.15, down 1.58 per cent for the day. Over the past year, it has fallen 20.68 per cent, though it has seen a modest recovery recently — up 2.93 per cent in the last month and 8.48 per cent in the past two weeks.

Operationally, the company reported a 21 per cent decline in sales bookings to Rs 4,650 crore during April–September 2025-26, compared to Rs 5,900 crore in the same period last year.