Senco Gold Ltd
Price Range
₹301 - ₹317
Min. Quantity
47
Closes on
6 July 2023
Min. investment
₹14,899/611 Shares
Senco Gold Ltd IPO Timeline
Senco Gold Limited was originally incorporated as a Private Company with the name 'Senco Gold Private Limited' at Kolkata, West Bengal, dated August 22, 1994. Subsequently, on August 8, 2007, the Company was converted to Public Company with the name 'Senco Gold Limited' dated August 31, 2007, and a fresh Certificate of Incorporation, consequent to change in name, was issued by the RoC. The Company is engaged primarily in the business of manufacturing and trading of jewellery and articles made of gold, silver, diamond, platinum and other precious and semi precious stones.
| Event | Date |
|---|---|
| Senco Gold Ltd IPO Opening Date | 4 July 2023 |
| Senco Gold Ltd IPO Closing Date | 6 July 2023 |
| Basis of Allotment | 11 July 2023 |
| Initiation of Refunds | 12 July 2023 |
| Credit of Shares to Demat | 13 July 2023 |
| Senco Gold Ltd IPO Listing Date | 14 July 2023 |
Senco Gold Ltd IPO Details
| Senco Gold Ltd IPO Date | 4 July 2023 to 6 July 2023 |
| Senco Gold Ltd IPO Face Value | ₹10 per share |
| Senco Gold Ltd IPO Price | ₹301 to ₹317 per share |
| Senco Gold Ltd IPO Lot Size | 47 |
| Issue Size | Shares of ₹10 (aggregating up to ₹405 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹270 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹135 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 26,91,028 of the Net Offer |
| Retail Shares Offered | Not less than 47,09,302 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 20,18,273 of the Net Offer |
| Company Promoters | Suvankar Sen, Jai Hanuman Shri Siddhivinayak, Om Gaan Ganpataye Bajrangbali |
Senco Gold Ltd IPO Lot Size
The Senco Gold Ltd IPO lot size is 47 shares. A retail-individual investor can apply for up to 13 lots (611 shares or ₹1,93,687).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 47 | ₹14,899 |
| Maximum | 13 | 611 | ₹1,93,687 |
- Strengths
- Risks
- Opportunities
- The Company has a strong brand name with heritage / legacy of over five decades;
- Largest organised jewellery retail player in the eastern region of India based on number of stores.
- Strong `Company Operated Showroom' base;
- Established asset-light `franchise' model leading to operating leverage;
- Calibrated focus on light, affordable jewellery with the intention to cater to the upwardly mobile and younger generation;
- Established Systems and Procedures to mitigate risk and improve efficiencies;
- Experienced management team and institutional investor support.
Company Financials
Senco Gold Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 3,715.01 | 5,272.42 | 188.75 |
| 03-2023 | 2,902.82 | 4,107.27 | 160.91 |
| 03-2022 | 2,100.8 | 3,547.56 | 130.15 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- General corporate purposes
Senco Gold Ltd IPO Promoter Holding
| Pre Issue Share Holding | 17.2% |
| Post Issue Share Holding | 15.31% |
Senco Gold Ltd IPO Subscription Status (Bidding Detail)
The Senco Gold Ltd IPO is subscribed 73.35 times on 6 July 2023 05:00:00 PM. The public issue subscribed 15.46 times in the retail category, 180.94 times in the QIB category, and 64.99 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 180.94 | 64.99 | 15.46 | - | 73.35 |
Senco Gold Ltd IPO Prospectus
Senco Gold Ltd IPO Listing Date
| Listing Date | 14 July 2023 |
| BSE Script | 543936 |
| NSE Symbol | SENCO |
| Listing In | BSE, NSE |
| ISIN | INE602W01019 |
| IPO Price | ₹317 |
| Face Value | ₹10 |
Company Contact Information
Diamond Presitge 41A AJC BoseRoad 10th Floor Unit No. 1001,Kolkata-700017
Phone: 91-33-40215000
Email: corporate@sencogold.co.in
Website: www.sencogoldanddiamonds.com
Senco Gold Ltd IPO Registrar
Senco Gold Ltd IPO Lead Manager(s)
- IIFL Securities Ltd
- Ambit Pvt Ltd
- SBI Capital Markets Ltd
FAQ
What is the issue size of Senco Gold Ltd IPO?
I have pre-applied for Senco Gold Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.