Senco Gold IPO Date, Review, Price, Allotment Details

Senco Gold IPO Details: Senco Gold IPO date is fixed, the IPO is to hit the market on July 4 and will close on July 6. Senco Gold IPO to raise around ₹405 crores via IPO that comprises fresh issue of ₹270 crores and offer for sale up to ₹135 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Senco Gold IPO

Table of Contents

Senco Gold and Diamonds Limited are a pan-India jewellery retail player with a history of more than five decades and have a fourth-generation entrepreneur in the jewellery industry as our Promoter. They are the largest organized jewellery retail player in the eastern region of India based on a number of stores and among eastern India-based jewellery retailers, Senco Gold has the widest geographical footprint in non-eastern states (Source: CRISIL Report). Senco Gold primarily sells gold and diamond jewellery and also sells jewellery made of silver, platinum, precious and semi-precious stones, and other metals. Their other offerings also include costume jewellery, gold and silver coins, and utensils made of silver.

Senco Gold’s 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, including our website www.sencogoldanddiamonds.com. The company’s strategy of operating through multiple channels enables us to allocate capital as required, as we continue to expand our geographic presence and work towards an omni-channel network. With a catalog offering more than 120,000 designs for gold jewellery and more than 69,000 designs for diamond jewellery, they offer a large variety of designs of handcrafted jewellery, most of which are designed and manufactured in-house by our designers in close collaboration with skilled local craftsmen (generally termed Karigars) in Kolkata and across the country. Machine-made lightweight jewellery in gold and diamonds are also manufactured at our manufacturing facility based on designs prepared by in-house designers and also sourced from third-partner manufacturing vendors.

This year of March 2023, Senco Gold have 136 showrooms, which have a total area of approximately 409,882 sq. ft., in 96 cities and towns over 13 states across India. Some of the Franchisee Showrooms are located in areas other than metros and tier-I, providing us greater reach in tier-II locations.

Objects of the Issue

  • Funding working capital requirements of the Company
  • General Corporate Purposes

Senco Gold IPO Review (Apply or Not)

  • May Apply

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 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 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.

ApplicationLot SizeSharesAmount
Retail Minimum147₹14,899
Retail Maximum13611₹193,687
S-HNI Minimum14658₹208,586
B-HNI Minimum683,196₹1,013,132

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: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 IPO subscription status and IPO allotment status on their respective pages.

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 – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Senco Gold Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
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: [email protected]
Website: www.kfintech.com

Senco Gold IPO Allotment Status Check

Check Senco Gold IPO allotment status on KFin Technologies website allotment URL. Click Here

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: [email protected]
Website: www.sencogoldanddiamonds.com

Senco Gold IPO FAQs

What is Senco Gold IPO?

Senco Gold IPO is a main-board IPO. They are going to raise ₹405 Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.

When Senco Gold IPO will open?

The IPO is to open on July 4, 2023 for QIB, NII, and Retail Investors.

What is Senco Gold IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Senco Gold IPO?

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.

How to Apply the Senco Gold IPO through Zerodha?

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.

How to Apply the Senco Gold IPO through Upstox?

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.

How to Apply the Senco Gold IPO through Paytm Money?

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.

What is Senco Gold IPO Size?

Senco Gold IPO size is ₹405 crores.

What is Senco Gold IPO Price Band?

Senco Gold IPO Price Band is ₹301 to ₹317.

What is Senco Gold IPO Minimum and Maximum Lot Size?

The minimum bid is 47 Shares with ₹14,899 amount while the maximum bid is 611 shares with ₹193,687.

What is the Senco Gold IPO Allotment Date?

Senco Gold IPO allotment date is July 11, 2023.

What is the Senco Gold IPO Listing Date?

Senco Gold IPO listing date is July 14, 2023. The IPO is to list on BSE and NSE.

Note: The Senco Gold IPO price band and date are not officially announced yet. The IPO grey market premium (Senco Gold IPO Premium) will be added to the IPO grey market page as it will start).

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