Senco Gold Limited, Established in 1994, stands as a prominent pan-India jewelry retailer renowned by the name “Senco Gold & Diamonds.”
The company specializes in gold and diamond jewelry, accompanied by an array of offerings including silver, platinum, and jewelry adorned with precious and semi-precious stones. Their diverse collection also encompasses costume jewelry, gold and silver coins, and elegant silver utensils.
With an extensive range of over 108,000 gold jewelry designs and 46,000 diamond jewelry designs, Senco Gold prides itself on handcrafted masterpieces. These creations are crafted in-house, a collaborative effort involving more than 170 skilled craftsmen from Kolkata and across India. The company also boasts a team of 20 designers as of March 31, 2023, enhancing their creative prowess. Additionally, they offer machine-made lightweight jewelry in gold and diamonds, and source jewelry from external vendors.
Through brands like Everlite (lightweight jewelry), Gossip (silver and fashion jewelry), and Aham collection (jewelry for men), the company caters to the younger and more upwardly mobile demographic. Furthermore, their D’Signia Showrooms and Vivaha collection target customers seeking premium designer jewelry or a more exclusive shopping experience.
Across their showrooms, the company maintains an Average Ticket Size of approximately ₹48,000 for standard showrooms, ₹51,000 for D’Signia Showrooms, and ₹29,000 for Everlite Showrooms during Fiscal 2023.
Senco Gold’s vast network comprises 136 showrooms, totaling an area of around 409,882 sq. ft. This includes 70 company-operated showrooms and 61 franchisee showrooms, spanning 99 cities and towns across 13 states in India.
Stock Quote #
- Open: ₹391.90
- High – Low: ₹403.20 – ₹388.10
- Previous Close: ₹389.70
- Total Traded Value: 5,41,297
- 52 Weeks High: ₹444.00 (Jul 14, 2023)
- 52 Weeks Low: ₹358.45 (Jul 21, 2023)
- Updated On: Aug 11, 2023 4:00 PM
IPO Details #
It is a Book Built Issue. The IPO total issue size is Rs 405.00 Cr. The Senco Gold IPO price is ₹301 to ₹317 per share. The IPO will list on BSE, NSE.
| IPO Date | Jul 4, 2023 to Jul 6, 2023 |
| Listing Date | Jul 14, 2023 |
| Face Value | ₹10 per share |
| Price | ₹301 to ₹317 per share |
| Lot Size | 47 Shares |
| Total Issue Size | 12,776,025 shares (aggregating up to ₹405.00 Cr) |
| Fresh Issue | 8,517,350 shares (aggregating up to ₹270.00 Cr) |
| Offer for Sale | 4,258,675 shares of ₹10 (aggregating up to ₹135.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 69,145,806 |
| Share holding post issue | 77,663,156 |
Senco Gold IPO Reservation #
Senco Gold IPO a total of 12,776,023 shares are offered. QIB: 2,555,203 (20.00%), RII: 4,471,609 (35.00%), NII: 1,916,404 (15.00%).
| Anchor Investor Shares Offered | 3,832,807 (30.00%) |
| QIB Shares Offered | 2,555,203 (20.00%) |
| NII (HNI) Shares Offered | 1,916,404 (15.00%) |
| Retail Shares Offered | 4,471,609 (35.00%) |
| Total Shares Offered | 12,776,023 (100%) |
Anchor Investors Details #
It raises Rs 121.50 crore from anchor investors. Senco Gold IPO Anchor bid date is Jul 3, 2023. Senco Gold IPO Anchor Investors list
| Bid Date | Jul 3, 2023 |
| Shares Offered | 3,832,807 |
| Anchor Portion Size (In Cr.) | 121.50 |
| Anchor lock-in period end date for 50% shares (30 Days) | Aug 23, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Nov 21, 2023 |
IPO Timetable (Tentative) #
It opens on Jul 4, 2023, and closes on Jul 6, 2023.
| IPO Open Date | Tuesday, 4 July 2023 |
| IPO Close Date | Thursday, 6 July 2023 |
| Basis of Allotment | Tuesday, 11 July 2023 |
| Initiation of Refunds | Wednesday, 12 July 2023 |
| Credit of Shares to Demat | Thursday, 13 July 2023 |
| Listing Date | Friday, 14 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 6, 2023 |
Senco Gold IPO Lot Size #
The minimum lot size of this Senco Gold IPO is 47 shares required is ₹14,899.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,899 |
| Retail (Max) | 13 | 611 | ₹193,687 |
| S-HNI (Min) | 14 | 658 | ₹208,586 |
| S-HNI (Max) | 67 | 3,149 | ₹998,233 |
| B-HNI (Min) | 68 | 3,196 | ₹1,013,132 |
| Lot Size Calculator | |||
Senco Gold IPO Promoter Holding #
Mr. Suvankar Sen, Jai Hanuman Shri Siddhivinayak Trust, and Om Gaan Ganpataye Bajrangbali Trust are the company promoters.
| Pre Issue Share Holding | 76.92% |
| Post Issue Share Holding | 68.48% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 1,559.30 | 2,674.92 | 61.48 | 602.51 | 536.53 | 532.44 |
| 31-Mar-22 | 2,100.19 | 3,547.41 | 129.10 | 725.77 | 659.46 | 862.97 |
| 31-Mar-23 | 2,905.32 | 4,108.54 | 158.48 | 944.97 | 876.27 | 1,177.17 |
| Amount in ₹ Crore | ||||||
Key Performance Indicator #
Senco Gold IPO Market Cap is Rs 2462 Cr and P/E (x) is 15.53.
| KPI | Values |
|---|---|
| P/E (x) | 15.53 |
| Market Cap (₹ Cr.) | 2462 |
| ROE | 18.9% |
| ROCE | 14.2% |
| Debt/Equity | 1.25 |
| EPS (Rs) | 22.93 |
| RoNW | 18.96% |
Objects of the Issue #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding working capital requirements of the company, and
- General corporate purposes.
Senco Gold IPO Subscription Status (Bidding Detail) #
The Senco Gold IPO is subscribed 77.25 times on Jul 6, 2023 7:02:00 PM. The public issue subscribed 16.28 times in the retail category, 190.56 times in the QIB category, and 68.44 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 190.56 |
| NII | 68.44 |
| bNII (bids above ₹10L) | 72.05 |
| sNII (bids below ₹10L) | 61.23 |
| Retail | 16.28 |
| Total | 77.25 |
Total Application : 1,426,741 (15.00 times)
Senco Gold IPO Prospectus #
Senco Gold IPO Listing Details #
| Listing Date | Jul 14, 2023 |
| BSE Script Code | 543936 |
| NSE Symbol | SENCO |
| ISIN | INE602W01019 |
| Final Issue Price | ₹317 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹317.00 |
| ₹431.00 |
| ₹401.40 |
| ₹443.80 |
| ₹404.95 |
| NSE |
|---|
| ₹317.00 |
| ₹430.00 |
| ₹401.20 |
| ₹444.00 |
| ₹405.30 |
Check IPO Performance…
Company Contact Information #
Diamond Prestige, 41A,
A.J.C. Bose Road, 10th floor,
Unit no. 1001, Kolkata – 700 017
Phone: +91 33 4021 5000
Email: corporate@sencogold.co.in
Website: https://sencogoldanddiamonds.com/
Senco Gold IPO Registrar #
Phone: 04067162222, 04079611000
Email: sencagold.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Senco Gold IPO Lead Manager(s) #
- IIFL Securities Ltd (Past IPO Performance)
- Ambit Private Limited (Past IPO Performance)
- SBI Capital Markets Limited (Past IPO Performance)
FAQs #
What is the price range of Senco Gold IPO shares? #
The Senco Gold IPO shares are priced in the range of ₹301 to ₹317 per share.
When is the IPO date for Senco Gold? #
The Senco Gold IPO is scheduled from July 4, 2023, to July 6, 2023.
On which stock exchanges will Senco Gold IPO list? #
The IPO shares of Senco Gold will list on both BSE and NSE.
How many equity shares are offered in the Senco Gold IPO? #
The Senco Gold IPO offers 12,776,023 equity shares to the public.
Can retail investors apply online for Senco Gold IPO shares? #
Yes, retail investors can apply online through banks (using ASBA) or brokers (using UPI).
What is the basis of allotment for Senco Gold IPO? #
The basis of allotment for Senco Gold IPO includes retail, NII, QIB, and employee categories.
How can I check Senco Gold IPO allotment status? #
You can check the allotment status of Senco Gold IPO online on BSE or other platforms.
What is the listing date for Senco Gold IPO shares? #
The shares of Senco Gold IPO listed on July 14, 2023.
Are there any reviews or recommendations for Senco Gold IPO? #
Yes, there are reviews and recommendations from analysts and retail investors.
What is the subscription status of Senco Gold IPO today? #
The subscription status varies and can be checked on various platforms.
What is the GMP (Grey Market Premium) for Senco Gold IPO? #
GMP varies and can be found on platforms that track IPO markets.
What is the latest news about Senco Gold IPO? #
The latest news includes the rally of Senco Gold shares and the listing premium.
Can I apply for Senco Gold IPO through ASBA? #
Yes, retail investors can apply through banks using the ASBA method.
What is the retail portion in Senco Gold IPO? #
The IPO offers a portion of shares specifically for retail investors.
How can I apply for Senco Gold IPO through a broker? #
Retail investors can apply through brokers using the UPI method.
What are the different categories for allotment in Senco Gold IPO? #
Allotment categories include retail, NII (Non-Institutional Investors), QIB (Qualified Institutional Buyers), and employees.
Who is the registrar for Senco Gold IPO? #
The registrar for Senco Gold IPO is responsible for handling share allotment and related processes.
What are the key details of Senco Gold Limited’s business? #
Senco Gold is engaged in selling various types of jewelry, including gold, diamond, silver, platinum, and precious/semi-precious gems.
What documents are required to apply for Senco Gold IPO? #
The documents required for applying to the IPO may include PAN card, bank details, and other KYC documents.
Please note that these answers are based on the provided information and may be subject to change.
