The Pan India Jewelry retailer company Senco Gold IPO will be hit the market 04 July 2023 and closes on 06 July 2023. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹405.00 crore through IPO. The company will issue fresh shares of ₹270.00 crores through this IPO and will issue shares through offer for sale of ₹135.00 crores.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
Senco Gold Limited is a pan-India jewellery retail player. The company is the largest organised jewellery retail player in the eastern region of India based on the number of stores and among eastern India-based jewellery retailers. The company primarily sells gold and diamond jewellery and also sell jewellery made of silver, platinum, and precious and semi-precious stones other metals. You can check here to know Senco Gold IPO GMP.
The company’s offerings also include costume jewellery, gold and silver coins, and utensils made of silver. The company’s products are sold under the “Senco Gold & Diamonds” tradename through multiple channels, including our 70 company-operated showrooms and 57 Franchisee showrooms. You can check Senco Gold IPO subscription status here.
| Read also: Upcoming IPO List 2023 |
The company offers more than 108,000 designs for gold jewellery and more than With 46,000 designs for diamond jewellery, the company offers a large variety of designs of handcrafted jewellery.
The company has 127 showrooms, which have a total area of approximately 393,342 sq. ft., in 89 cities and towns across 13 states across India. Some of our franchisees Showrooms are located in areas other than metros and tier-I, providing us with greater reach in tier-2 and tier-3 locations. you can check Senco Gold IPO allotment status here.
Object Of the Issue :
- Funding working capital requirements of the Company
- General corporate purposes.
Company Strengths :
- We have a strong brand name with heritage and a legacy of over five decades.
- Largest organized jewellery retail player in the eastern region of India based on number of stores.
- Strong ‘Company Operated Showroom’ base complemented by an 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.
Senco Gold IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹158.48 Cr (March 2023) ₹317/ EQ (Cut Off) 22.93 (March 2023) 13.82x (PE Approx) 18.96 (March 2023) ₹136.83 (March 2023) ₹2,905.32 Cr (Mar 2023) ₹2,191.92 Cr 76.92% 68.48% |
| Team Review : | ✔ Apply For Long Term |
Senco Gold IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 04 July 2023 |
| IPO Close : | 06 July 2023 |
| IPO Size : | ₹405.00. Cr (12,776,025 Shares) |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹301–₹317 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹405.00. Cr (12,776,025 Shares) |
| Fresh Issue : | ₹270.00. Cr (8,517,350 Shares) |
| Offer For Sale : | ₹135.00 Cr (4,258,675 Shares) |
Senco Gold IPO Market Lot :
Senco Gold IPO Minimum Market lot is 1 Lot with 47 shares with ₹14,899 Application amount. The retail investors can apply up to 13 lots with 611 Shares or ₹193,687 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 47 | ₹14,899 |
| Retail Maximum : | 13 | 611 | ₹193,687 |
| S-HNI Minimum : | 14 | 658 | ₹208,586 |
| S-HNI Maximum : | 67 | 3149 | ₹998,233 |
| B- HNI Minimum : | 68 | 3196 | ₹1,013,132 |
Senco Gold IPO Shares Offer :
A Total of 12,776,025 shares are to be bid for the public issue by Senco Gold IPO with 8,517,350 for Fresh issue and 4,258,675 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 8,517,350 | ₹270.00 Cr |
| Offer For Sale : | 4,258,675 | ₹135.00 Cr |
| Total : | 12,776,025 | ₹405.00 Cr |
Senco Gold IPO Reservation :
Senco Gold IPO Total Reservation of 12,776,025 shares are to be bid for the public issue by Senco Gold IPO with 63,88,012 for QIB and 19,16,403 for NII 44,71,608 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 63,88,013 | ₹202.50 Cr |
| NII : | 15% | 19,16,404 | ₹60.75 Cr |
| RII : | 35% | 44,71,608 | ₹141.75 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 12,776,025 | ₹405.00 Cr |
Senco Gold IPO EPS & RoNW :
The Senco Gold company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
| 2023 | ₹22.93 | 18.96 % |
| 2022 | ₹19.42 | 19.43 % |
| 2021 | ₹9.25 | 10.65 % |
| 2020 | ₹13.68 | 17.86 % |
| 2019 | ₹10.84 | 16.66 % |
Senco Gold IPO Peer Comparison PE :
The Senco Gold, According to DRHP of the few company company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Kalyan Jewellers India | 29.29 |
| 2. | Titan Company | 81.13 |
Senco Gold IPO Dates :
Senco Gold IPO Date is 04 July 2023 and closes on 06 July 2023. The allotment will be finalized on 11 July 2023 and the IPO may list on 14 July 2023.
| Open Date : | 04 July 2023 |
| Close Date : | 06 July 2023 |
| Allotment Date : | 11 July 2023 |
| Refund Date : | 12 July 2023 |
| Share Credit Date : | 13 July 2023 |
| Listing Date : | 14 July 2023 |
Senco Gold IPO Form :
There are two ways to apply in Senco Gold IPO. You can apply for Senco Gold IPO through ASBA available in your bank account. You have to go to your online bank login and select Senco Gold IPO in the Invest section and apply through your bank account. Another option is you can apply for Senco Gold IPO through IPO form download through NSE and BSE. See the Senco Gold IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Senco Gold Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹4,108.54 | ₹3,892.38 | ₹158.48 |
| 2022 | ₹3,547.41 | ₹3,370.45 | ₹129.10 |
| 2021 | ₹2,674.92 | ₹2,591.26 | ₹61.48 |
Company Promoters :
■ Ranjana Sen & Suvankar Sen
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Senco Gold IPO Lead Managers :
■ IIFL Securities Limited
■ Ambit Private Limited
■ SBI Capital Market Limited
Senco Gold IPO Registrar :
KFin Technologies Limited
Selenium, Tower B, Plot No. 31 and 32
Financial District, Nanakramguda,
Serilingampally, Hyderabad, Rangareddi 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Note: Check Senco Gold IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Senco Gold Limited
Diamond Prestige, 41A, A.J.C. Bose Road
10th floor, Unit no. 1001
Kolkata – 700 017
West Bengal, India
Telephone: +91 33 4021 5000
E-mail: [email protected]
Website: www.sencogoldanddiamonds.com
Senco Gold IPO FAQs :
What is Senco Gold IPO?
Senco Gold IPO is Mainboard IPO. They are going to raise ₹405.00 Crores via IPO. The issue is priced at ₹301-₹317 per equity share. The IPO is to be listed on NSE, BSE.
When Senco Gold IPO will open?
The IPO is to open on 04 July 2023 to 06 July 2023 for QIB, NII & RII.
What is Senco Gold IPO Size?
Senco Gold IPO size is ₹405.00 Crores.
What is the Fresh issue size of Senco Gold IPO?
The Fresh issue size of Senco Gold IPO ₹270.00 Cr.
What is the Offer For Sale size of Senco Gold IPO?
The Offer For Sale size of Senco Gold IPO ₹135.00 Cr.
What is Senco Gold IPO Price Band?
Senco Gold IPO Price Band is ₹301-₹317 Per share.
What is Senco Gold IPO Minimum and Maximum Lot Size?
The minimum 47 Shares with ₹14,899 amount while the maximum 611 shares with ₹193,687.
What is Senco Gold IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Senco Gold IPO Allotment Date?
Senco Gold IPO allotment date is 11 July 2023.
What is Senco Gold IPO Listing Date?
Senco Gold IPO listing date is 14 July 2023. The IPO to list on NSE, BSE.
How to Apply the Senco Gold IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Senco Gold IPO”. 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.
How to Apply the Senco Gold IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Senco Gold IPO”. 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.
How to Apply the Senco Gold IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Senco Gold IPO”. 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.
How to Apply the Senco Gold IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Senco Gold IPO”. 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.
| Senco Gold IPO GMP: Click Here Senco Gold IPO Subscription: Click Here Senco Gold IPO Allotment: Click Here Senco Gold IPO Listing: Click Here Senco Gold IPO Web Story: Click Here |
All Senco Gold IPO-related links are available here. If you want to know the details then click on Click Here Link.
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