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Open
4 Jul 2023
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Close
6 Jul 2023
3
Allotment
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Listing
Fri, Jul 14, 2023
Price Band
₹301 to ₹317
Issue Size
1,27,76,025 shares (agg. up to ₹405 Cr)
Lot Size
47 Shares
Listing Date
Fri, Jul 14, 2023
Latest GMP
₹103
Est. Gain
32.49%
✦ AI Insight
GMP Trend
14-07-2023₹103Est. ₹420+32.49%
13-07-2023₹100Est. ₹417+31.55%
12-07-2023₹125Est. ₹442+39.43%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 54.13x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 2,905.32 | 2,100.19 | 1,559.30 |
| Total Income | 4,108.54 | 3,547.41 | 2,674.92 |
| Profit After Tax | 158.48 | 129.10 | 61.48 |
| NET Worth | 944.97 | 725.77 | 602.51 |
| Reserves and Surplus | 876.27 | 659.46 | 536.53 |
| Total Borrowing | 1,177.17 | 862.97 | 532.44 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dev Labtech Venture Ltd. | SME | ₹11.22 Cr | ₹51 | 32.9 | ₹50.21 | -1.55% | ₹19.60 (-2.05%) |
| PNGS Gargi Fashion Jewellery Ltd. | SME | ₹7.80 Cr | ₹30 | 6.77 | ₹59.85 | +99.50% | ₹665.35 (-1.58%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company; and | 196.00 |
| 2 | General corporate purposes | 47.51 |
About Senco Gold IPO
Incorporated in 1994, Senco Gold Limited is a pan-India jewelry retailer. The products are sold under its brand name "Senco Gold & Diamonds". Senco Gold primarily sells gold and diamond jewelry along with jewelry made of silver, platinum, precious and semi-precious stones, and other metals. The company also offers costume jewelry, gold, and silver coins, and utensils made of silver. With a catalog of more than 108,000 designs for gold jewelry and more than 46,000 designs for diamond jewelry, the company offers a variety of designs of handcrafted jewelry, most of which are designed and manufactured in-house in collaboration with over 170 skilled local craftsmen in Kolkata and across the country. As on March 31, 2023, the company has a team of 20 designers. The company also manufactures machine-made lightweight jewelry in gold and diamonds and source jewelry from third-party vendors. Through its Everlite (lightweight jewelry), Gossip (silver and fashion jewelry) brands, and Aham collection (jewelry for men) jewelry collections the company aims to cater to the younger generation and the 'upwardly mobile' of India by building brands focused on jewelry of smaller average ticket size. Th
Contact Details
Senco Gold Ltd. AddressDiamond Prestige, 41AA.J.C.Bose Road, 10th floorUnit no.1001Kolkata, West Bengal, 700017+91 33 4021 5000corporate@sencogold.co.inVisit Website