Signature Global Secures ₹875 Crore from IFC Through Listed NCDs to Drive Green Housing and Reduce Debt Burden

In a significant financial move, the Gurugram-based real estate developer Signature Global (India) Ltd has successfully raised ₹875 crore through a private placement of listed non-convertible debentures to the International Finance Corporation, the company announced on October 28, 2025. The developer stated that the capital infusion would be strategically deployed towards funding mid-income housing projects aligned with environmental, social, and governance principles, while simultaneously reducing its existing debt obligations.

Strategic Fund Allocation for Debt Reduction and Growth

According to company officials, approximately ₹470 crore from the raised capital has been earmarked specifically for debt repayment, while the remaining funds will support land acquisition initiatives and project development activities across the National Capital Region. Signature Global's land acquisition strategy in Gurugram continues to strengthen its market position. The company's net debt stood at approximately ₹900 crore at the conclusion of the second quarter of fiscal year 2026.

This transaction represents Signature Global's inaugural listed debt issuance, with the non-convertible debentures already listed on the Bombay Stock Exchange. The financial instruments carry an 11 percent coupon rate and have been assigned an 'A+ (Stable)' rating by Care Edge Ratings. The tenure of the debentures extends to three years, two months, and 30 days, with the maturity date scheduled for January 15, 2029.

IFC Investment Validates Sustainability Commitments

Company executives emphasized that the International Finance Corporation's investment reaffirmed the developer's unwavering focus on transparency, timely project delivery, and customer satisfaction. They particularly highlighted Signature Global's commitment to sustainable development practices, noting that 19 of the company's projects have received EDGE certification for green construction standards. Similar to other green building initiatives across India, these certifications demonstrate environmental responsibility.

The developer was also recognized with a score of 84 in its debut Global Real Estate Sustainability Benchmark assessment, positioning it among the top first-time participants globally. This achievement underscores the company's dedication to environmental stewardship and sustainable construction practices.

Ambitious Launch Pipeline and Sales Targets

Signature Global is preparing to launch housing projects valued at ₹14,000 crore over the next five months, which will add approximately 8 million square feet of new saleable area to its development portfolio. This aggressive expansion strategy is expected to help the company achieve its fiscal year 2026 sales bookings target of ₹12,500 crore, building upon the ₹10,290 crore in pre-sales it recorded during the previous fiscal year. The company's previous project successes have demonstrated strong market demand.

As of the first quarter of fiscal year 2026, the company maintains a comprehensive development pipeline of 50.8 million square feet, comprising multiple project stages:

• 17.1 million square feet of recently launched projects currently in active development
• 9.2 million square feet of ongoing developments in various stages of completion
• 24.5 million square feet of upcoming projects scheduled for execution over the next two to three years

Market Position and Future Outlook

Ranked as the fifth-largest listed real estate developer by sales bookings in fiscal year 2025, Signature Global is strategically positioning itself to capture additional market share in the mid-income and green housing segments, particularly within the Delhi-NCR region. The company's focus on sustainable real estate development and innovative financing aligns with broader industry trends toward environmentally responsible construction practices.

The transaction with the International Finance Corporation not only provides the necessary capital for expansion but also validates the company's operational excellence and commitment to sustainable development practices. With robust project pipelines and strong institutional backing, Signature Global's continued investment in premium locations positions the developer favorably for sustained growth in India's dynamic real estate market.

Disclaimer: This news article is based on information available as of the publication date. Readers are advised to verify current details independently and consult with financial advisors before making any investment decisions. The information presented is for general informational purposes only and should not be construed as financial, legal, or investment advice. Market conditions, project timelines, and financial metrics are subject to change.