The Senco Gold Limited IPO started on July 04, 2023, and ended on July 06, 2023. Shares were allocated on July 11, 2023, and refund processes began on July 12, 2023. On July 13, 2023, the shares were credited to investors’ demat accounts. Senco Gold was officially listed on the stock exchange on July 14, 2023.
During the IPO, Senco Gold offered shares at a price range of ₹301 to ₹317 per share, and the lot size was 47 shares. The total issue size was ₹405 crores, with ₹270 crores from new shares and ₹135 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Senco Gold IPO Subscription Status Details
The Senco Gold IPO, which took place on 6 July 2023, at 7:30:00 PM, had a subscription rate of 77.25. The retail category had a subscription rate of 16.28, the NII category had a subscription rate of 68.44, and the QIB category had a subscription rate of 190.56.
| Category | Subscription |
| QIB | 190.56x |
| NII | 68.44x |
| Retail | 16.28x |
| Total | 77.25x |
Senco Gold Limited is a popular jewelry retailer in India known as “Senco Gold & Diamonds.” They have been in business since 1994 and offer a wide variety of jewelry products, specializing in gold, diamond, silver, platinum, precious and semi-precious stones, and other metals. They also have a collection of costume jewelry, gold and silver coins, and silver utensils.
Senco Gold takes pride in their extensive catalog, which includes over 108,000 gold jewelry designs and more than 46,000 diamond jewelry designs. These pieces are handcrafted by over 170 skilled local craftsmen based in Kolkata and other parts of India. The company currently has 20 designers working as of March 31, 2023. They also produce machine-made lightweight jewelry in gold and diamonds and source jewelry from other vendors.
Senco Gold has showrooms with different average ticket sizes. Standard showrooms have an average ticket size of about ₹48,000, D’Signia Showrooms have an average ticket size of ₹51,000, and Everlite Showrooms have an average ticket size of ₹29,000 for the fiscal year 2023.
With a widespread presence, Senco Gold operates more than 136 showrooms across India, covering a total area of approximately 409,882 square feet. These showrooms include 70 company-operated outlets and 61 franchisee outlets. They are located in 99 cities and towns across 13 states in India.
Senco Gold IPO More Details Click Here
When Senco Gold IPO Subscription will start and end?
The Senco Gold IPO started on July 04, 2023, and ended on July 06, 2023.
When Senco Gold IPO Subscription will start?
The Senco Gold IPO started on July 4, 2023.
When Senco Gold IPO Subscription will end?
The Senco Gold IPO ended on July 6, 2023.
When were the shares allocated for the Senco Gold IPO?
The shares for the Senco Gold IPO were allocated on July 11, 2023
When were the shares credited to investors’ demat accounts for the Senco Gold IPO?
The shares for the Senco Gold IPO were credited to investors’ demat accounts on July 13, 2023.
When was Senco Gold officially listed on the stock exchange?
Senco Gold was officially listed on the stock exchange on July 14, 2023.
What was the price range of the Senco Gold IPO shares?
The Senco Gold IPO shares were offered at a price range of ₹301 to ₹317 per share.
What was the lot size for the Senco Gold IPO shares?
The lot size for the Senco Gold IPO shares was 47 shares.
What was the total issue size of the Senco Gold IPO?
The total issue size of the Senco Gold IPO was ₹405 crores.
How were the shares allocated among different types of investors for the Senco Gold IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Senco Gold IPO listed?
The Senco Gold IPO was listed on both the NSE and BSE.
When were the refunds for the Senco Gold IPO processed?
The funds for the Senco Gold IPO were processed as refunds on July 12, 2023.
