
Signature Global, one of India’s leading real estate developers based in Gurugram, has raised Rs. 875 crore from the International Finance Corporation (IFC) through the issuance of nonconvertible debentures (NCDs).
The company will use the funds to finance new housing projects and repay high-cost debt, allocating Rs. 470 crore specifically for debt reduction. The NCDs carry a coupon rate of 11 percent and are set to mature on January 15, 2029.
Key Highlights
This marks another strategic collaboration between Signature Global and IFC, following IFC’s Rs. 210 crore equity investment, which gave it a 1 percent stake in the developer.
With a strong project pipeline worth Rs. 14,000 crore over the next five months, Signature Global aims to achieve Rs. 12,500 crore in sales for FY26, continuing its growth momentum after reporting Rs. 10,290 crore in sales in the previous fiscal year. The company has already delivered 15.7 million sq. ft. of residential space, reinforcing its position as a key player in India’s affordable and mid-income housing market.
Also Read: Signature Global Recognized for ESG Commitment in GRESB Debut
The infusion of long-term capital from IFC will help strengthen the balance sheet, reduce financing costs, and accelerate project delivery, aligning with the government’s housing-for-all vision and the growing demand for urban housing in NCR.
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