Founded in Kolkata, India, Senco Gold has grown steadily over the years, expanding its presence across multiple cities and states in the country.
Senco Gold’s commitment to superior craftsmanship, attention to detail, and customer satisfaction has been instrumental in its success. The brand prides itself on creating jewelry that not only enhances one’s beauty but also holds emotional value for its wearers.
In 2023, Senco Gold made a significant move by announcing its Initial Public Offering (IPO), allowing investors and the general public to own a part of the company. This step marks a new chapter in the company’s journey, presenting exciting opportunities for growth and expansion.
Senco Gold’s decision to go public in 2023 was driven by several strategic and financial factors. The company’s management and stakeholders carefully evaluated the potential benefits of listing on the stock exchanges, and these reasons include:
|Opening Date||Tuesday, 4 July 2023|
|Closing Date||Thursday, 6 July 2023|
|Basis of Allotment||Tuesday, 11 July 2023|
|Initiation of Refunds||Wednesday, 12 July 2023|
|The 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|
|IPO Date||Jul 4, 2023 to Jul 6, 2023|
|Face Value||₹10 per share|
|Price||₹301 to ₹317 per share|
|Lot Size||47 Shares|
|Total Issue Size||[.] shares(aggregating up to ₹405.00 Cr)|
|Fresh Issue||[.] shares(aggregating up to ₹270.00 Cr)|
|Offer for Sale||[.] shares of ₹10(aggregating up to ₹135.00 Cr)|
|Issue Type||Book Built Issue IPO|
|Listing At||BSE, NSE|