Senco Gold Limited

Company Profile
Company Name Senco Gold Limited
Open Date 04-07-2023
Close Date 06-07-2023
Exchange NSE, BSE
Lot Size 47 Shares
Issue Price ₹ 301 - 317 per share
Issue Size Aggregating up to 405 Cr.
Application Amount Min. Inv. - ₹ 14,899 (47 shares) Max. Inv. - ₹ 1,93,687 (611 shares)
Recommendation Apply

Senco Gold Ltd was incorporated in the year 1994 and has its registered office in West Bengal. Company primarily sells gold and diamond jewellery and also sell jewellery made of silver, platinum and precious and semi-precious stones and other metals. Company products are sold under the “Senco Gold & Diamonds” tradename, through multiple channels, including 75 Company Operated Showrooms and 61 Franchisee Showrooms (as on March 31, 2023) (including four franchisees owned and Company operated Showrooms) and various online platforms, including their website. They are the largest organised jewellery retail player in the eastern region of India based on number of stores and among eastern India based jewellery retailers, company have the widest geographical footprint in non-eastern states. As on 31st March 2023, the company had 2,138 staff base on its payroll.

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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 1,55,929.70 2,10,018.50 2,90,531.90
Net Assets 73,743.90 87,238.80 1,16,111.80
Total Borrowings 53,244.40 86,296.70 1,17,717.40
Total Revenue 2,67,492.4 3,54,741.00 4,10,854.00
Profit After Tax 6,148.1 129,10.2 15,847.9

Tentative Timeline

Opening Date 04/07/2023
Closing Date 06-07-2023
Basis of Allotment 11-07-2023
Initiation of Refunds 12-07-2023
Credit of Shares to Demat 13-07-2023
Listing Date 14-07-2023

Objects of the Issue

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

Contact Information

Registered Office Senco Gold Limited Diamond Prestige, 41A, A.J.C. Bose Road, 10th floor, Unit no. 1001, Kolkata – 700 017
Phone +91 33 4021 5000

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

Anchor Investor Shares Offered 38,32,807 (30.00%)
QIB Shares Offered 25,55,203 (20.00%)
NII (HNI) Shares Offered 19,16,404 (15.00%)
Retail Shares Offered 44,71,609 (35.00%)
Total Shares Offered 1,27,76,023 (100%)

Shareholding Pattern

Pre Issue Share Holding 76.92%
Post Issue Share Holding 68.48%

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