Signature Global raises ₹875 crore from IFC
International Finance Corporation (IFC), the lending arm of the World Bank, has given a loan amounting ₹875 crore to NCR based real estate developer Signature Global.
The amount was through a private placement of Non-Convertible Debentures (NCDs). The NCDs, which are assigned ‘A+’ stable ratings by Care Edge Ratings.
They have already been listed on BSE and its marks the first ever listed debt transaction of Signature Global, thus strengthening the company’s capital market presence in partnership with IFC, the reality company said in a statement.
According to Rajat Kathuria, CEO of Signature Global, 55 per cent of total amount or around ₹470 crore will be spent on retiring debt while remaining to be used to acquire land to develop mid-income housing and ESG aligned projects. Having a coupon rate of 11 per cent, the tenure of the NCDs is for 3 years, 2 months and 30 days. The NCDs will mature on January 15, 2029, the Statement said.
“Ever since our inception we have focused on key pillars of customer satisfaction, delivery and transparency. Reposing of faith by institution of repute like International Finance Corporation is a testimony of our right approach and direction,” Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd., said. Further he added that as an environmentally conscious developer, the company is focusing on developing environmentally sustainable projects and are committed to fulfilling all the ESG requirements in all our future projects.”
A total of 19 projects by Signature Global are EDGE certified, which is among the highest in the entire real estate industry in the country. The company’s ESG commitments were also recently recognised by the Global Real Estate Sustainability Benchmark (GRESB), where it scored 84 on its debut, placing the company among the top-performing first-time participants globally.
In FY 2024-25, the company ranked as the fifth-largest listed real estate developer based on sales bookings. It achieved pre-sales of ₹102.9 billion in the previous fiscal and is targeting ₹125 billion in the current financial year.
As of Q1FY26, the company has a robust project pipeline of 17.1 million sq. ft. of recently launched projects, and 9.2 million sq. ft. of ongoing projects. The company has 24.5 million sq. ft. of forthcoming developments to be developed over next 2-3 years.
Published on October 28, 2025
