Senco Gold and Diamonds is a brand owned by Senco Gold Limited (‘the Company’) having a legacy of over five decades. Our company was originally incorporated as Senco Gold Private Limited on August 22, 1994, in Kolkata, West Bengal, under the provisions of the Companies Act, 1956.
Later, in order to expand its activities in the field of the jewelry business, the Company was converted to a public limited company in August 2007 with the name Senco Gold Limited.
Subsequently, pursuant to a resolution passed at a meeting of the Board of Directors held on June 27, 2007, and a special resolution of the shareholders at the EGM held on August 8, 2007, the name of the company was changed to Senco Gold Limited, resulting in its conversion into a public limited company. A fresh certificate of incorporation dated August 31, 2007, consequent to the change of name, was issued by the Registrar of Companies, West Bengal. The Company was converted to a public limited company in order to expand its activities in the field of the jewelry business.
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. The company’s D’Signia Showrooms and Vivaha collection aim to cater to customers seeking heavier or premium designer jewelry or a more premium jewelry retail shopping experience.
Senco Gold Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 04 July 2023 |
| IPO Close Date | 06 July 2023 |
| Allotment Date | 11 July 2023 |
| IPO Listing Date | 14 July 2023 |
Senco Gold Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 301 to Rs. 317 Per Equity Share |
| Market Lot | 47 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 405 Crore. |
Senco Gold Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 47 | Rs. 14899 |
| Maximum | 13 | 611 | Rs. 193687 |
| Small HNI (Minimum) | 14 | 658 | Rs. 208586 |
| Big HNI (Minimum) | 68 | 3196 | Rs. 1013132 |
Senco Gold Limited IPO Details Allotment Status
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Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 2905.32 | 2100.19 | 1559.30 |
| Total Revenue | 4108.54 | 3547.41 | 2674.92 |
| Profit After Tax | 158.48 | 129.10 | 61.48 |
Company Promoters:
Mr. Suvankar Sen, Jai Hanuman Shri Siddhivinayak Trust, and Om Gaan Ganpataye Bajrangbali Trust are the company promoters.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Senco Gold Limited Diamond Prestige, 41A, A.J.C. Bose Road, 10th floor, Unit no. 1001, Kolkata – 700 017 Phone: +91 33 4021 5000 Email: corporate@sencogold.co.in Website: https://sencogoldanddiamonds.com | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: sencagold.ipo@kfintech.com Website: https://ris.kfintech.com/ipostatus |
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