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Signature Global (India) Ltd. has raised Rs8.75 billion through a private placement of Non-Convertible Debentures (NCDs) to International Finance Corporation (IFC), marking its first-ever listed debt transaction and a major step in expanding its sustainable housing portfolio.
The funds will be deployed to develop mid-income housing projects with a strong sustainability focus, while a portion will be used to reduce existing debt. The NCDs, rated ‘A+’ by CareEdge Ratings, are listed on BSE and carry a tenure of 3 years, 2 months, and 30 days—maturing on January 15, 2029.
“This investment reflects IFC’s confidence in our delivery, transparency, and ESG commitment,” said Pradeep Aggarwal, Founder & Chairman, Signature Global. “We remain focused on building high-quality, climate-conscious homes for India’s growing urban population.”
The IFC-backed Daxin project will receive GRIP advisory support to enhance Signature Global’s sustainability strategy and pursue EDGE Advanced certification, supported by the European Union. With 17 EDGE-certified projects, Signature Global ranks among India’s top green developers.
“Expanding access to housing is both an opportunity and an imperative,” said Imad N. Fakhoury, Regional Director, IFC South Asia. “This partnership will help build resilient communities and advance inclusive urban growth.”
Signature Global scored 84 on its debut GRESB assessment, placing it among the top-performing first-time participants globally. The company ranked fifth among listed developers by sales bookings in FY 2024–25, with pre-sales of ?102.9 billion and a target of ?125 billion for the current fiscal.
As of Q1FY26, Signature Global has launched 17.1 million sq. ft. of new projects, with 9.2 million sq. ft. under construction and 24.5 million sq. ft. in the pipeline—positioning it as a key player in India’s mid-income housing and green building movement.
