Senco Gold GMP IPO Details
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Senco Gold and Diamonds Limited is a well-established jewellery retail player in India with a rich history spanning over five decades. They are known for their wide range of products, including gold, diamond, silver, platinum, and precious stone jewellery. They also offer costume jewellery, gold and silver coins, and silver utensils. Senco Gold operates through various channels, including company-operated showrooms, franchisee showrooms, and online platforms.
With a strong presence in the eastern region of India, Senco Gold is the largest organized jewellery retail player in that area. They have also expanded their reach to non-eastern states, making them one of the jewellery retailers with the widest geographical footprint in eastern India. The company focuses on offering a diverse selection of handcrafted jewellery, with thousands of designs created in collaboration with skilled craftsmen and designers.
As of March 2023, Senco Gold has 136 showrooms spread across 96 cities and towns in 13 states of India, covering both metro and tier-II locations. Their extensive network allows them to cater to a wide customer base and supports their omni-channel strategy.
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
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To 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 |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Senco Gold IPO Market Lot
The minimum market lot for the Senco Gold IPO is 47 shares, requiring an application amount of ₹14,899. Retail investors have the opportunity to apply for up to 13 lots, which amounts to 611 shares or ₹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 scheduled to open on July 4 and close on July 6. The allotment of shares for the IPO will be finalised on July 11, and the IPO listing is expected to take place on July 14. Investors who have applied for shares will receive the allotment status on July 11, indicating the number of shares they have been allocated.
Price Band Announcement: | June 29, 2023 |
Anchor Investors Allotment: | July 3, 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 |
You can check and IPO allotment status on their respective pages.
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
Company Promoters
- Suvankar Sen
- Jai Hanuman Shri Siddhivinayak Trust
- Om Gaan Ganpataye Bajrangbali Trust
Senco Gold IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222 / 18003094001
Email: cyientdlm.ipo@kfintech.com
Website: www.kfintech.com
Senco Gold IPO Lead Managers aka 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: corporate@sencogold.co.in
Website: www.sencogoldanddiamonds.com
Senco Gold IPO FAQ’s
What is the Senco Gold IPO?
The Senco Gold IPO is a main-board IPO through which the company aims to raise ₹405 crores. The IPO will be listed on the BSE and NSE stock exchanges.
When will the Senco Gold IPO open?
The Senco Gold IPO is scheduled to open on July 4, 2023, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the investors’ portion for the Senco Gold IPO?
The investors’ portion for the Senco Gold IPO is as follows: QIB – 50%, NII – 15%, and Retail – 35%.
How can I apply for the Senco Gold IPO?
You can apply for the Senco Gold IPO through ASBA (Application Supported by Blocked Account) online via your bank account. Alternatively, you can apply via UPI (Unified Payments Interface) through your stock brokers. Offline forms are also available for application through stock brokers.
How can I apply for the Senco Gold IPO through Zerodha?
To apply for the Senco Gold IPO through Zerodha, log in to the Zerodha website or application, go to the Portfolio section, click on IPO, select “Senco Gold,” enter your UPI ID, quantity, and price, and submit the IPO application form. Approve the mandate through your UPI app on Net Banking or BHIM app. It is recommended to have a Demat account with Zerodha.
How can I apply for the Senco Gold IPO through Upstox?
To apply for the Senco Gold IPO through Upstox, log in to the Upstox application, select the IPO, click on the Bid button, confirm your application, and approve the mandate through your UPI app on Net Banking or BHIM app. Opening a Demat account with Upstox is advisable.
How can I apply for the Senco Gold IPO through Paytm Money?
To apply for the Senco Gold IPO through Paytm Money, log in to the Paytm Money application, select the IPO, click on the Bid button, confirm your application, and approve the mandate through your UPI app on Net Banking or BHIM app. Opening a Demat account with Paytm Money is recommended.
What is the size of the Senco Gold IPO?
The size of the Senco Gold IPO is ₹405 crores.
What is the price band for the Senco Gold IPO?
The price band for the Senco Gold IPO is ₹301 to ₹317.
What is the minimum and maximum lot size for the Senco Gold IPO?
The minimum lot size for the Senco Gold IPO is 47 shares with an amount of ₹14,899, while the maximum lot size is 611 shares with an amount of ₹193,687.
What is the allotment date for the Senco Gold IPO?
The allotment date for the Senco Gold IPO is July 11, 2023.
What is the listing date for the Senco Gold IPO?
The listing date for the Senco Gold IPO is July 14, 2023. The IPO will be listed on the BSE and NSE stock exchanges.