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Senco Gold IPO Date, Price Band, Lot Size, Review, GMP

Senco Gold IPO Date, Price, Review

Senco Gold IPO: Know everything about Senco Gold IPO. Senco Gold Limited IPO Date, Senco Gold IPO Review and analysis. We will discus about Senco Gold IPO Benefits & Risks. Also, all information related to Senco Gold IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Senco Gold IPO Details

    Senco Gold IPO

    Senco Gold Ltd is an Indian jewelry retailer. The company's products are sold under its brand name "Senco Gold & Diamonds". Senco Gold Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 405 crore through IPO (Initial public offering).

    Senco Gold IPO will open on 04 July 2023 and close on 06 July 2023. The price band of the Senco Gold IPO is ₹301 to ₹317. Senco Gold IPO size is 405 Crores. The offer includes 270 Crores under fresh issue and 135 Crores under offer for sale. Senco Gold IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. The Senco Gold IPO listing date is 14 July 2023. You can know about Senco Gold IPO GMP (Grey Market Premium) below.

    The Senco Gold has given good financial performance. The company made a profit of ₹158.48 crores in the financial year 2023 (March 2023). The IPO of Senco Gold will be listed on NSE and BSE. Senco Gold IPO face value is ₹10 per equity share.

    We will talk about Senco Gold's financials, benefits, and risks of investing in the company.

    What is the Senco Gold IPO Date?
    Senco Gold IPO Date is 04 July 2023.

    What is Senco Gold IPO Price Band?
    Senco Gold's IPO Price Band is ₹301 to ₹317.

    What is Senco Gold IPO Expected Return?
    Senco Gold IPO Expected Returns is approx -%.

    About Senco Gold Ltd

    Senco Gold Limited is an Indian company engaged in the business of manufacturing, retailing, and exporting gold and diamond jewelry. It was founded in Kolkata, West Bengal, in 1938 and has since grown to become one of the leading jewelry brands in India.

    Senco Gold Limited offers a wide range of gold and diamond jewelry, including earrings, necklaces, bangles, bracelets, rings, and pendants. The company caters to various customer segments, from traditional and ethnic designs to contemporary and modern styles.

    The company operates state-of-the-art manufacturing facilities equipped with advanced technology and skilled artisans. These facilities ensure the production of high-quality jewelry that meets customer expectations.

    Senco Gold Limited has an extensive retail network, with stores located across India. The company operates through both company-owned stores and franchise outlets, enabling it to reach customers in various cities and towns.

    Over the years, Senco Gold Limited has established a strong brand reputation for its craftsmanship, innovative designs, and customer-centric approach. The company's commitment to quality and customer satisfaction has contributed to its success and customer loyalty.

    Important Links

    Purpose of the offer

    • To prepay/repay all or a part of the dues raised by the company.
    • To finance capital expenditure requirements.
    • To meet general corporate objectives.

    Senco Gold IPO Date and Price Band Details

    Senco Gold IPO open date: 04 July 2023, Closing date: 06 July 2023, and Listing date: 14 July 2023. The price band of Senco Gold IPO is ₹301 to ₹317 per share. Senco Gold IPO issue size is Rs 405 crores. Senco Gold IPO retail portion is 35%, the QIB portion is 50%, and NII Portion is 15%.
    IPO Open:04 July 2023
    IPO Close:06 July 2023
    Listing Date:14 July 2023
    Listing On:NSE & BSE
    IPO Size:Approx ₹405 crores
    Fresh Issue:Approx ₹270 crores
    Offer For Sale:Approx ₹135 crores
    Price Band:₹301 to ₹317 per share
    Face Value:₹10 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    Senco Gold IPO Lot Size Details

    Senco Gold IPO's minimum lot size is 47 shares with ₹14,899 application amount and the maximum lot size is 611 shares with ₹193,687 application amount.
    Minimum Lot:01
    Minimum Lot Size:47 Shares
    Minimum Amount:₹14,899
    Maximum Lot:13
    Maximum Lot Size:611 Shares
    Maximum Amount:₹193,687

    Senco Gold IPO Open, Close, Allotment, and Listing Date

    Ipo Opening Date:04 July 2023
    IPO Closing Date:06 July 2023
    Basis of Allotment:11 July 2023
    Refund Date:12 July 2023
    Credit to Demat Account:13 July 2023
    Listing Date:14 July 2023

    Senco Gold IPO Review

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    You can also check the latest IPO subscription status and IPO allotment status of Senco Gold IPO on our website.

    Senco Gold Ipo Rating

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    Review For Listing Gain

    Review For Short term

    Review For Long term


    • Senco Gold Limited has built a strong brand and reputation in the Indian jewelry industry. It's long history and customer trust can provide a competitive advantage and potentially contribute to future growth.
    • Offering a wide range of gold and diamond jewelry, Senco Gold Limited can cater to various customer preferences and market segments. Diversification in product offerings can be beneficial in capturing different customer demographics and adapting to changing trends.
    • The company's extensive retail network, including company-owned stores and franchise outlets, provides wide market access. A robust retail presence can help in reaching a large customer base and driving sales.
    • Senco Gold Limited's manufacturing capabilities, backed by skilled artisans and advanced technology, can contribute to the production of high-quality jewelry pieces. Strong manufacturing expertise can be advantageous in maintaining product standards and meeting customer expectations.
    • The company has a diversified product portfolio.


    • The jewelry industry can be influenced by factors such as fluctuating gold and diamond prices, changing consumer preferences, and economic conditions. These industry-specific risks can impact the company's financial performance.
    • The jewelry sector is highly competitive, with numerous established players and new entrants vying for market share. Senco Gold Limited faces competition from both domestic and international brands. Intense competition can affect market position, pricing power, and profitability.
    • The jewelry industry is subject to various regulations, including those related to quality standards, hallmarking, and export-import policies. Adhering to regulatory requirements and maintaining compliance can be essential for the company's operations and reputation.
    • Jewelry manufacturing involves complex processes, supply chain management, and inventory control. Senco Gold Limited may face operational challenges related to production scalability, inventory management, and logistics, which can impact profitability.

    Senco Gold Ltd Financials

    Senco Gold Financials(in Crores)

    YearTotal AssetsRevenueProfit


    The promoters of the company are:
    • Suvankar Sen
    • Jai Hanuman Shri Siddhivinayak Trust
    • Om Gaan Ganpataye Bajrangbali Trust

    Contact Details of Senco Gold

    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: corporate@sencogold.co.in

    Senco Gold Lead Managers

    • SBI Capital Markets Limited
    • Ambit Private Limited
    • IIFL Securities Limited

    Senco Gold IPO Registrars

    KFin Technologies Limited
    Selenium, Tower B, Plot No. 31 and 32
    Financial District, Nanakramguda, Serilingampally
    Hyderabad, Rangareddi 500 032, Telangana, India
    Telephone: +91 40 6716 2222
    Email: sencogold.ipo@kfintech.com


    Looking at the financial position of the company, the track record has been good. In the financial year 2023, the company had a profit of Rs 158.48 crore. The company operates in many different sectors. We suggest you apply for short listing gain and long duration in Senco Gold Limited IPO. Senco Gold Limited IPO financial details and other information are given above.

    Senco Gold IPO FAQs

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

    What is the Senco Gold IPO Opening Date?
    Senco Gold IPO Opening date is 04 July 2023.

    What is the Senco Gold IPO Closing Date?
    Senco Gold IPO Closing date is 06 July 2023.

    What is the Senco Gold IPO Allotment date?
    Senco Gold IPO Allotment Date is  11 July 2023.

    What is the Senco Gold IPO Listing Date?
    The Senco Gold IPO Date is 14 July 2023.

    What is Senco Gold IPO issue size?
    Senco Gold IPO issue size is ₹405.

    What is Senco Gold IPO Expected Returns?
    Senco Gold IPO Expected Returns is -%.

    How to Apply the Senco Gold Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Senco Gold Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
    7. Then Submit the IPO Application Form.
    8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.

    We hope you like this article about Senco Gold IPO. If you have a query about Senco Gold IPO then, leave a comment. Here you can also stay updated about the upcoming IPO. Also, you can track IPO performance. Thanks for Visiting. Happy Investing.

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