The Senco Gold IPO date has been announced; the IPO will open on July 4 and finish on July 6. Senco Gold IPO will generate approximately 405 crores through an IPO that will include a fresh issue of 270 crores and an offer for the sale of up to ₹135 crores of equity shares at a price of 10 rupees each. The retail quota is 35%, the QIB quota is 50%, and the HNI quota is 15%.
Senco Gold and Diamonds Limited is a pan-India jewellery retail company with a more than five-decade history, and our Promoter is a fourth-generation entrepreneur in the jewellery sector. Based on the number of outlets, Senco Gold is the largest organised jewellery retail player in India’s eastern region, and among eastern India-based jewellery retailers, Senco Gold has the largest geographical reach in non-eastern states (Source: CRISIL Report). Senco Gold primarily sells gold and diamond jewellery, but it also sells silver,
platinum, precious and semi-precious stones, and other metal jewellery. Costume jewellery, gold and silver coins, and silver utensils are among their other goods. Senco Gold’s products are sold under the “Senco Gold & Diamonds” brand through a wide range of channels, including 75 Company Operated Showrooms, 61 Franchisee Showrooms, and several online platforms, including our website, www.sencogoldanddiamonds.com. The company’s multi-channel strategy allows us to allocate capital as needed as we continue to extend our global presence and aim towards an omni-channel network.
With over 120,000 gold jewellery designs and 69,000 diamond jewellery designs in their catalogue, they offer a wide range of handcrafted jewellery designs, the majority of which are designed and manufactured in-house by our designers in close collaboration with skilled local craftsmen (known as Karigars) in Kolkata and across the country. Machine-made lightweight gold and diamond jewellery is made as well in our facility, based on designs generated by in-house designers and sourced from third-party manufacturing partners.
Senco Gold has 136 showrooms with a total size of roughly 409,882 sq. ft. in 96 cities and towns throughout 13 states in India as of March 2023. Some Franchisee Showrooms are located in areas other than metros and tier-I, allowing us to reach more tier-II locales.
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 |
Senco Gold IPO Market Lot
The Senco Gold IPO minimum market lot is 47 shares with ₹14,899 application amount. The retail investors can apply up-to 13 lots with 611 shares or ₹193,687 amount.
| 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 |
Objects of the Issue
- Funding working capital requirements of the Company
- General Corporate Purposes
Senco Gold IPO Review (Apply or Not)
- To be updated soon
Brokerage Firm IPO Review
- BP Equities: Apply
- Canara Bank Securities: May apply
- Dilip Davda: Apply
- Eureka Stock: Apply
- Geojit Securities: Apply
- HENSEX Securities: Apply
- Nirmal Bang: Apply
- SMIFS Limited: Apply
- Swastika Investmart Ltd: Apply
Senco Gold IPO Allotment & Listing Dates
The Senco Gold IPO date is July 4 and the close date is July 6. The Senco Gold IPO allotment will be finalized on July 11 and the IPO listing on July 14.
| Price Band Announcement: | July 2023 |
| Anchor Investors Allotment: | July 2023 |
| IPO Open Date: | July 4, 2023 |
| IPO Close Date: | July 6, 2023 |
| Basis of Allotment: | July 11, 2023 |
| Refunds: | July 12, 2023 |
| Credit to Demat Account: | July 13, 2023 |
| IPO Listing Date: | July 14, 2023 |
Senco Gold IPO Form
How to apply for the Senco Gold IPO? –> You can apply for Senco Gold IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Senco Gold IPO in the Invest section. The other option is you can apply for Senco Gold IPO via IPO forms downloaded via NSE and BSE. Check out the Senco Gold forms.
Senco Gold Company Financial Report
| ₹ in Crores | |||
| 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
Check Senco Gold IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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
Senco Gold IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222 / 18003094001
Email: cyientdlm.ipo@kfintech.com
Website: https://www.kfintech.com
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: corporate@sencogold.co.in
Website: https://www.sencogoldanddiamonds.com
Company Promoters
- Suvankar Sen
- Jai Hanuman Shri Siddhivinayak Trust
- Om Gaan Ganpataye Bajrangbali Trust
Senco Gold IPO Lead Managers aka Merchant Bankers
- IIFL Securities Limited
- Ambit Private Limited
- SBI Capital Markets Limited
Senco Gold IPO FAQs:
Q1. What is Senco Gold IPO?
Ans. Senco Gold IPO is a main-board IPO. They are going to raise ₹405 Crores via IPO. The issue is priced at ₹301 to ₹317 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Senco Gold IPO will open?
Ans. The IPO is to open on July 4, 2023 for QIB, NII, and Retail Investors.
Q3. What is Senco Gold IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Senco Gold IPO?
Ans. You can apply for Senco Gold IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Senco Gold IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Senco Gold”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Senco Gold IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Senco Gold”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Senco Gold IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Senco Gold”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Senco Gold IPO Size?
Ans. Senco Gold IPO size is ₹405 crores.
Q9. What is Senco Gold IPO Price Band?
Ans. Senco Gold IPO Price Band is ₹301 to ₹317.
Q10. What is Senco Gold IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 47 Shares with ₹14,899 amount while the maximum bid is 611 shares with ₹193,687.
Q11. What is the Senco Gold IPO Allotment Date?
Ans. Senco Gold IPO allotment date is July 11, 2023.
Q12. What is the Senco Gold IPO Listing Date?
Ans. Senco Gold IPO listing date is July 14, 2023. The IPO is to list on BSE and NSE.
