Senco Gold IPO description – The company is a pan-India jewellery retail player and the largest organised player in the eastern region of India based on the number of stores. Senco Gold primarily sells gold and diamond jewellery and also sells jewellery made of silver, platinum and precious and semi-precious stones, and other metals. Its other offerings also include costume jewellery, gold and silver coins, and utensils made of silver.
Its products are sold under the “Senco Gold & Diamonds” tradename, through multiple channels, including 75 Company Operated Showrooms and 61 Franchisee Showrooms, and various online platforms. With a catalogue offering more than 120,000 designs for gold jewellery and more than 69,000 designs for diamond jewellery, Senco Gold offers a large variety of designs of handcrafted jewellery, most of which are designed and manufactured in-house by its designers in close collaboration with skilled local craftsmen in Kolkata and across the country. As on 31 March 2023, the company had a dedicated design team of 20 designers focused on developing new products and designs that meet customers’ expectations.
Promoters of Senco Gold – Suvankar Sen, Jai Hanuman Shri Siddhivinayak Trust, and Om Gaan Ganpataye Bajrangbali Trust
Senco Gold IPO Details
| Senco Gold IPO Dates | 4 – 6 July 2023 |
| Senco Gold IPO Price | INR 301 – 317 per share |
| Fresh issue | INR 270 crore |
| Offer For Sale | INR 135 crore |
| Total IPO size | INR 405 crore |
| Minimum bid (lot size) | 47 shares (INR 14,899) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Senco Gold Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 2,660.4 | 3,534.6 | 4,077.4 |
| Expenses | 2,591.3 | 3,370.5 | 3,892.4 |
| Net income | 60.8 | 129.9 | 158.0 |
| Margin (%) | 2.29 | 3.68 | 3.88 |
Senco Gold Offer News
- Senco Gold RHP
- Senco Gold DRHP
- Senco Gold IPO Review: Should you invest?
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Subscription Status
Senco Gold Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 9.25 | 19.37 | 22.87 |
| PE ratio | – | – | 13.16 – 13.86 |
| RONW (%) | 10.65 | 19.43 | 18.96 |
| NAV | – | – | 136.83 |
| ROCE (%) | 13.22 | 15.58 | 14.22 |
| EBITDA (%) | 7.10 | 8.17 | 8.46 |
| Debt/Equity | 0.89 | 1.19 | 1.25 |
Senco Gold IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 13 July 2023 | 130 | 250 | 2,500 |
| 12 July 2023 | 120 | 250 | 2,500 |
| 11 July 2023 | 110 | 250 | 2,500 |
| 10 July 2023 | 100 | 250 | 2,500 |
| 8 July 2023 | 90 | 220 | 2,500 |
| 7 July 2023 | 80 | 200 | 2,500 |
| 6 July 2023 | 115 | – | 3,000 |
| 5 July 2023 | 120 | – | 3,000 |
| 4 July 2023 | 110 | – | – |
| 3 July 2023 | 65 | – | – |
| 1 July 2023 | 60 | – | – |
| 30 June 2023 | 50 | – | – |
Senco Gold IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 2,691,028 | 2,018,273 | 47,09,302 | 94,18,603 |
| 6 Jul 2023 | 180.94 | 64.99 | 15.46 | 73.35 |
| 5 Jul 2023 | 0.27 | 3.58 | 3.67 | 2.68 |
| 4 Jul 2023 | 0.00 | 0.62 | 1.12 | 0.69 |
Senco Gold IPO Allotment Status
Senco Gold IPO allotment is now available on KFin Tech website. Click on this link to get allotment status.
Senco Gold IPO Dates & Listing Performance
| Senco Gold IPO Opening Date | 4 July 2023 |
| Senco Gold IPO Closing Date | 6 July 2023 |
| Finalization of Basis of Allotment | 11 July 2023 |
| Initiation of refunds | 12 July 2023 |
| Transfer of shares to demat accounts | 13 July 2023 |
| Senco Gold IPO Listing Date | 14 July 2023 |
| Opening Price on NSE | INR 430 per share (up 35.65%) |
| Closing Price on NSE | INR 404.95 per share (up 27.7%) |
Senco Gold IPO Reviews – Subscribe or Avoid?
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Senco Gold Offer Lead Manager
IIFL SECURITIES LIMITED
10th Floor, IIFL Centre, Kamala City,
Senapati Bapat Marg, Lower Parel (West),
Mumbai 400 013, Maharashtra
Phone: +91 22 4646 4728
Email: [email protected]
Website: www.iiflcap.com
Senco Gold Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium, Tower B, Plot No. 31 and 32 Financial
District Nanakramguda, Serilingampally Hyderabad,
Rangareddi 500 032 Telangana, India
Phone: +91 40 6716 2222 / 18003094001
Email: [email protected]
Website: www.kfintech.com
Senco Gold Contact Details
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
How many shares in Senco Gold IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Senco Gold Public Offer?
The best way to apply in Senco Gold public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Senco Gold IPO GMP today?
Senco Gold IPO GMP today is INR 130 per share.
What is Senco Gold kostak rate today?
Senco Gold kostak rate today is INR 250 per application.
What is Senco Gold Subject to Sauda rate today?
Senco Gold Subject to Sauda rate today is INR 2,500 per application.
