Senco Gold IPO Details: Date, Price, Allotment
Senco Gold’s initial public offering (IPO) is scheduled to hit the market on July 4 and will close on July 6. The IPO aims to raise approximately ₹405 crores, with a fresh issue of ₹270 crores and an offer for sale of up to ₹135 crores. The retail quota is 35%, QIB is 50%, and HNI is 15%.
About Senco Gold and Diamonds Limited
Senco Gold and Diamonds Limited is a prominent player in the Indian jewelry retail industry with a rich history spanning over five decades. As the largest organized jewelry retailer in the eastern region of India, Senco Gold holds a significant market presence. They offer a wide range of jewelry made from gold, diamonds, silver, platinum, precious and semi-precious stones, and other metals. Their product portfolio also includes costume jewelry, gold and silver coins, and silver utensils.
Senco Gold sells its products through multiple channels, including company-operated showrooms, franchisee showrooms, and online platforms. With over 120,000 designs for gold jewelry and more than 69,000 designs for diamond jewelry, they cater to diverse customer preferences. The majority of their jewelry is handcrafted by skilled local craftsmen in collaboration with their in-house designers.
Objects of the Issue
- Funding working capital requirements of the Company
- General Corporate Purposes
Senco Gold IPO Review
Reviews from brokerage firms such as Capital Market, Religare Broking, Hem Securities, and Arihant Capital will be updated soon.
Senco Gold IPO Date & Price Band Details
- IPO Open: July 4, 2023
- IPO Close: July 6, 2023
- IPO Size: Approx ₹405 Crores
- Fresh Issue: Approx ₹270 Crores
- Offer for Sale: Approx 1,27,76,025 Equity Shares
- Face Value: ₹10 Per Equity Share
- IPO Price Band: ₹301 to ₹317 Per Share
- IPO Listing on: BSE & NSE
- Retail Quota: 35%
- QIB Quota: 50%
- NII Quota: 15%
- Discount: N/A
- DRHP Draft Prospectus: [Click Here](link)
- RHP Draft Prospectus: [Click Here](link)
- Anchor Investors List: [Click Here](link)
Senco Gold IPO Market Lot
The minimum market lot for the Senco Gold IPO is 47 shares with an application amount of ₹14,899. Retail investors can apply for up to 13 lots with 611 shares or an amount of ₹193,687.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 47 | ₹14,899 |
| Retail Maximum | 13 | 611 | ₹193,687 |
| S-HNI Minimum | 14 | 658 | ₹208,586 |
| B-HNI Minimum | 68 | 3,196 | ₹1,013,132 |
Senco Gold IPO Allotment & Listing Dates
The Senco Gold IPO is expected to be allotted on July 11 and listed on July 14. Please refer to the official website for any updates on the price band and dates.
Senco Gold IPO Form
To apply for the Senco Gold IPO, you can use the ASBA facility available in your bank account. Alternatively, you can download the IPO forms from the NSE and BSE websites and submit them to your bank or broker.
Senco Gold Company Financial Report
| Year | Revenue | Expense | PAT |
|---|---|---|---|
| 2021 | ₹2674.9 | ₹2591.3 | ₹61.4 |
| 2022 | ₹3547.4 | ₹3370.5 | ₹129.1 |
| 2023 9M | ₹4108.5 | ₹3892.4 | ₹158.5 |
Senco Gold IPO Valuation – FY2022
Key valuation details for the Senco Gold IPO:
- Earning Per Share (EPS): ₹22.93 per Equity Share
- Price/Earning P/E Ratio: N/A
- Return on Net Worth (RoNW): 18.96%
- Net Asset Value (NAV): ₹136.83 per Equity Share
Peer Group
- Senco Gold Limited
- Kalyan Jewellers India Limited
- Titan Company Limited
Company Promoters
- Suvankar Sen
- Jai Hanuman Shri Siddhivinayak Trust
- Om Gaan Ganpataye Bajrangbali Trust
Senco Gold IPO Registrar
Contact details of the registrar for the Senco Gold IPO:
KFin Technologies Limited
Phone: +91 40 6716 2222 / 18003094001
Email: [email protected]
Website: www.kfintech.com
Senco Gold IPO Lead Managers (Merchant Bankers)
- IIFL Securities Limited
- Ambit Private Limited
- SBI Capital Markets Limited
Company Address
Senco Gold Limited
Diamond Prestige, 41A, A.J.C. Bose Road,
10th floor, Unit no. 1001,
Kolkata – 700 017, West Bengal
Phone: +91 33 4021 5000
Email: [email protected]
Website: www.sencogoldanddiamonds.com
Senco Gold IPO FAQs
Here are some frequently asked questions about the Senco Gold IPO:
Q: What is Senco Gold IPO?
A: Senco Gold IPO is a main-board IPO aiming to raise ₹405 crores. The issue price is yet to be announced. The IPO will be listed on BSE and NSE.
Q: When will Senco Gold IPO open?
A: Senco Gold IPO is scheduled to open on July 4, 2023, for QIB, NII, and Retail Investors.
Q: What is the investors’ portion for Senco Gold IPO?
A: The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q: How can I apply for the Senco Gold IPO?
A: You can apply for the Senco Gold IPO online via ASBA in your bank account or through IPO forms downloaded from the NSE and BSE websites.
Q: What is the size of the Senco Gold IPO?
A: The Senco Gold IPO size is ₹405 crores.
Q: What is the price band for the Senco Gold IPO?
A: The price band for the Senco Gold IPO is ₹301 to ₹317.
Q: What is the minimum and maximum lot size for the Senco Gold IPO?
A: The minimum lot size is 47 shares with an amount of ₹14,899, and the maximum lot size is 611 shares with an amount of ₹193,687.
Q: What is the allotment date for the Senco Gold IPO?
A: The Senco Gold IPO allotment date is July 11, 2023.
Q: What is the listing date for the Senco Gold IPO?
A: The Senco Gold IPO listing date is July 14, 2023, on BSE and NSE.
Note: The price band and date for the Senco Gold IPO are subject to change. Please refer to the official sources for the latest updates.
