Senco Gold Limited company is a Kolkata-based jewelry retail chain, Senco Gold IPO is set to open its IPO subscription from July 4, 2023, to July 6, 2023. This article provides an overview of the Senco Gold IPO, including key details such as the Company details, IPO date, price, grey market premium (GMP), and details about the IPO offering.
About Senco Gold Limited Company (Senco Gold IPO).
Senco Gold and Diamonds, owned by Senco Gold Limited, is a distinguished brand that has built a remarkable legacy over five decades. Since its inception as Senco Gold Private Limited in Kolkata, in 1994.
Senco Gold is a well-established jewelry retail chain operating under the brand name “Senco Gold & Diamonds.” the company has consistently strived to expand its jewelry business. As part of this endeavor, it transformed into a public limited company in August 2007, adopting the name Senco Gold Limited.
Senco Gold and Diamonds currently has an extensive network with 140+ showrooms in 15 Indian states. Senco Gold offers a wide range of Gold, Diamond, Platinum, and other precious stone jewelry. Senco Gold creates both heavy bridal gold jewelry and lightweight gold jewelry products. Senco Gold ensure a continued and personalized customer experience through their websites, mobile application, chatbots, and showrooms.
Senco Gold Limited Products (Senco Gold IPO).
Senco Gold sells products;
- Gold jewelry.
- Diamond jewelry.
- Platinum jewelry
- Precious stone jewelry.
- Heavy bridal gold jewelry.
- Lightweight gold jewelry.
Senco Gold IPO Details.
Senco Gold company is a jewelry retailer and is preparing for its initial public offering (IPO). Senco Gold subscription will open on July 4 2023 and close on July 6, 2023. The Senco Gold IPO comprises a fresh issue of up to Rs 270 crore and an offer for sale (OFS) of up to Rs 135 crore. The Senco Gold IPO price range is set to ₹301 to ₹317 per share. The funds collected from the IPO, Senco Gold will be utilized to finance working capital and general business objectives.
What Is The Purpose Of the Senco Gold IPO Issue?
The public can be part of investors in Senco Gold Limited company by buying the shares offered in the Senco Gold IPO. The total funds collected through the Senco Gold IPO, Senco Gold Limited will use that to finance the company’s working capital requirements, as well as general corporate reasons.
Senco Gold IPO Date, Price, Lot Size, Listing.
| IPO Date | Jul 4, 2023 to Jul 6, 2023 |
| Face Value | ₹10 per share |
| Price | ₹301 to ₹317 per share |
| Lot Size | 47 Shares |
| Total Issue Size | Aggregating up to ₹405.00 Cr |
| Fresh Issue | Aggregating up to ₹270.00 Cr |
| Offer for Sale | Aggregating up to ₹135.00 Cr |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Senco Gold IPO Timetable (Tentative), Open Date, Close Date, Allotment, Listing Date.
| Event | Tentative Date |
|---|---|
| Opening Date | Tuesday, 4 July 2023 |
| Closing Date | Thursday, 6 July 2023 |
| Basis of Allotment | Tuesday, 11 July 2023 |
| Initiation of Refunds | Wednesday, 12 July 2023 |
| Credit of Shares to Demat | Thursday, 13 July 2023 |
| Listing Date | Friday, 14 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 6, 2023 |
Senco Gold IPO Lot Size, Minimum Investment & Maximum Investment.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,899 |
| Retail (Max) | 13 | 611 | ₹193,687 |
| S-HNI (Min) | 14 | 658 | ₹208,586 |
| S-HNI (Max) | 67 | 3,149 | ₹998,233 |
| B-HNI (Min) | 68 | 3,196 | ₹1,013,132 |
Who are Senco Gold Promoters?
The Senco Gold Limited Promoters are;
- Mr. Suvankar Sen
- Jai Hanuman Shri Siddhivinayak Trust
- Om Gaan Ganpataye Bajrangbali Trust
Senco Gold IPO Promoter Holding.
| Pre Issue Share Holding | 76.92% |
| Post Issue Share Holding | 68.48% |
Senco Gold IPO Reservation, Shares Offered To QIB, NII (HNI), Retail.
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Senco Gold Company Financial Status.
Below are the Senco Gold Company Financial Details in ₹ Lakhs figure.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 1,559.30 | 2,674.92 | 61.48 | 602.51 | 536.53 | 532.44 |
| 31-Mar-22 | 2,100.19 | 3,547.41 | 129.10 | 725.77 | 659.46 | 862.97 |
| 31-Mar-23 | 2,905.32 | 4,108.54 | 158.48 | 944.97 | 876.27 | 1,177.17 |
Senco Gold Limited Company Contact Details.
Address: Senco Gold Ltd, 41A AJC Bose Road, Diamond Prestige, 10TH FLOOR, Kolkata, West Bengal – 700017.
Phone: +91 33 4021 5000
Email: corporate@sencogold.co.in
Website: https://sencogoldanddiamonds.com/
Senco Gold IPO Grey Market Price.
Senco Gold IPO Grey Market Price Trend Per Day.
| GMP Date | GMP | S2S | Estimated Listing Price | Last Updated Time |
|---|---|---|---|---|
| 30-06-2023 | ₹70 | 1000 | ₹387 (22.08%) | 30-Jun-2023 05:00:23 PM |
| 29-06-2023 | ₹48 | – | ₹365 (15.14%) | 29-Jun-2023 04:38:07 PM |
How To Apply For Senco Gold IPO?
Senco Gold IPO applications can be submitted online with either UPI or ASBA as a payment method.
The ASBA IPO application is available in your bank’s net banking.
You can apply for Senco Gold IPO via UPI Payment directly from the broker platforms that offer IPO. You can also apply for Senco Gold IPO through the below broker platforms.
- Apply for Senco Gold IPO in Zerodha.
- Apply for Senco Gold IPO in Upstox.
Senco Gold IPO Frequently Asked Questions.
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