Senco Gold Limited

Senco Gold Limited

Mainboard

₹14,899 / 47 Shares

Offer Date:Jul 4, 2023 - Jul 6, 2023
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Senco Gold Limited IPO Details

The Senco Gold Limited IPO price band is set between ₹301-317 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 4 Jul, 2023 and closes on 6 Jul, 2023. Investors can check the allotment status on 11 Jul, 2023, while the listing date is tentatively scheduled for 14 Jul, 2023.

The total issue size is Approx 405 Cr. : Fresh Issue 270 Cr. + OFS 135 Cr., aggregating up to . Stay tuned for the latest Senco Gold Limited IPO review and GMP updates.

Senco Gold Limited IPO Review, Rating & Analysis

Senco Gold Limited IPO Review

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Senco Gold Limited IPO Rating

Senco Gold Limited IPO Highlights

IPO Date

Jul 4, 2023 - Jul 6, 2023

Listing Date

14 Jul, 2023

Face Value

₹10 Per Equity Share

Price Band

₹301-317 per equity share

Lot Size

47 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Senco Gold Limited IPO Lot Size

The minimum market lot for Senco Gold Limited IPO is 47 shares with an application amount of ₹14,899. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)147₹14,899
Retail (Max)13611₹1,93,687
S-HNI (Min)14658₹2,08,586
S-HNI (Max)673149₹9,98,233
B-HNI (Min)683196₹10,13,132

Senco Gold Limited IPO Timeline

IPO Open Date
4 Jul, 2023
IPO Close Date
6 Jul, 2023
Basis of Allotment
11 Jul, 2023
Listing Date
14 Jul, 2023

Issue Price

₹301-317 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Lead Manager

Iifl Securities LtdAmbit Private LimitedSbi Capital Markets Limited

Issue Size

Approx 405 Cr. : Fresh Issue 270 Cr. + OFS 135 Cr.

Senco Gold Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 232905.324108.54158.48---
31 Mar 222100.193547.41129.10---
31 Mar 211559.302674.9261.48---

All values are in ₹ Cr.

Promoters & Share Holding

Promoter(s) Name

  • Mr. Suvankar Sen
  • ai Hanuman Shri Siddhivinayak Trust
  • Om Gaan Ganpataye Bajrangbali Trust
Share Holding Pre IssueShare Holding Post Issue
76.92%N/A%

About Company

Senco Gold Limited is a pan-India jewelry retailer. The products are sold under its brand name Senco Gold & Diamonds.

Senco Gold primarily sells gold and diamond jewelry along with jewelry made of silver, platinum, precious and semi-precious stones, and other metals. The company also offers costume jewelry, gold, and silver coins, and utensils made of silver.

With a catalog of more than 108,000 designs for gold jewelry and more than 46,000 designs for diamond jewelry, the company offers a variety of designs of handcrafted jewelry, most of which are designed and manufactured in-house in collaboration with over 170 skilled local craftsmen in Kolkata and across the country. As on March 31, 2023, the company has a team of 20 designers. The company also manufactures machine-made lightweight jewelry in gold and diamonds and source jewelry from third-party vendors.

Through its Everlite (lightweight jewelry), Gossip (silver and fashion jewelry) brands, and Aham collection (jewelry for men) jewelry collections the company aims to cater to the younger generation and the 'upwardly mobile' of India by building brands focused on jewelry of smaller average ticket size. The company's D'Signia Showrooms and Vivaha collection aim to cater to customers seeking heavier or premium designer jewelry or a more premium jewelry retail shopping experience.

Their standard showrooms have an Average Ticket Size of ~₹ 48,000.00, D'Signia Showrooms have an Average Ticket Size of ~₹ 51,000.00 and Everlite Showrooms have an Average Ticket Size of ~₹ 29,000.00, each for the Fiscal 2023.

The company has over 136 showrooms which have a total area of approximately 409,882 sq. ft. It includes 70 company-operated showrooms and 61 franchisee showrooms spread across 99 cities and towns over 13 states across India.

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Senco Gold Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved2,555,203
1,916,404

1,277,602    638,802
4,471,6098,943,216
Day 1 -04-07-23 05:00 PM
0.00 x
0.62

0.32 x   1.23 x
1.12 x0.69 x
Day 2 -05-07-23 05:00 PM
0.27 x
3.58

2.29 x   6.14 x
3.67 x2.68 x
Day 3 -06-07-23 05:00 PM
180.94 x
64.98

68.41 x   58.13 x
15.45 x73.35 x
Total No. of Applications:14,26,719 (Approx)

Company Contact Details

Senco Gold Limited

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

Frequently Asked Questions about Senco Gold Limited IPO

When will Senco Gold Limited IPO open for subscription?

The Senco Gold Limited IPO opens on 4 Jul, 2023 and closes on 6 Jul, 2023.

What is the investors portion for Senco Gold Limited IPO?

The investors' portion for QIB is 180.94 x, NII is 68.41 x, and Retail is 15.45 x.

How to apply for Senco Gold Limited IPO?

You can apply for Senco Gold Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Senco Gold Limited IPO?

The issue size of Senco Gold Limited IPO is approx ₹Approx 405 Cr. : Fresh Issue 270 Cr. + OFS 135 Cr. crores.

What is the price band of Senco Gold Limited IPO?

The price band for Senco Gold Limited IPO is ₹301 to ₹317 per equity share.

What is the lot size of Senco Gold Limited IPO?

The minimum bid (lot size) for Senco Gold Limited IPO is N/A shares with an investment of approx ₹14,899 .

What is the allotment date of Senco Gold Limited IPO?

The allotment date for Senco Gold Limited IPO is 11 Jul, 2023.

What is the listing date of Senco Gold Limited IPO?

The listing date for Senco Gold Limited IPO is expected to be 14 Jul, 2023.

What is the GMP of Senco Gold Limited IPO?

The latest Grey Market Premium (GMP) for Senco Gold Limited IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Senco Gold Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK