The eagerly awaited Rs 405 crore initial public offering (IPO) of Senco Gold, an Indian player in the sale of jewelry, had an incredible 73.35 times subscription on the final day. Senco Gold’s IPO allotment information has finally been made public, and it will be completed on July 11, 2023, at any moment of the day.
Senco Gold IPO: Latest Update on Subscription Status
The Senco Gold IPO’s subscription status showed a spectacular reaction from investors in various categories. Retail individual investors made 15.46 subscriptions to the IPO, while non-institutional investors made 64.99, demonstrating their intense interest. Exceptionally enthusiastic, qualified institutional buyers subscribed to the IPO at a staggering 180.94 times.
Senco Gold IPO allotment today: Check your application status and latest GMP:
Senco Gold IPO allotment today: Check your application status and latest GMP@apex_pawan https://t.co/DUi4HpDQMh
— Business Today (@business_today) July 11, 2023
Senco Gold IPO
The initial public offering (IPO) of Senco Gold consists of a fresh issue of up to Rs 270 crore and an offer for sale of up to Rs 135 crore. The IPO’s price range is between Rs 301 to Rs 317 per share. Notably, earlier this week, the company successfully raised Rs 121.5 crore from anchor investors. Senco Gold intends to set aside Rs 196 crore of the net proceeds from the new issue to meet its working capital needs; the remaining sum will be used for general corporate purposes. IIFL Securities Ltd, Ambit Private Ltd, and SBI Capital Markets Ltd manage the offer.
Senco Gold IPO Allotment Date And Time
Senco Gold shares will be allocated on July 11, 2023, at any hour of the day.
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How to Check Senco Gold IPO Allotment Status Online on SBE Website?
By entering their PAN card number on the BSE website, investors who have applied for the Senco Gold IPO can check their allotment status online.
- Step 1- Log in at the BSE link — bseindia.com/investors/appli_check.aspx
- Step 2- Select Senco Gold IPO
- Step 3- Enter your Senco Gold IPO application number
- Step 4- Enter your PAN card details
- Step 5- Click on ‘I’m not a robot’ Step 6 – Click on the ‘Submit’ button
How to Check Senco Gold IPO Allotment Status on KFin Technologies Limited Website?
- Step 1- Go to the web portal of KFin Technologies Limited — https://kosmic.kfintech.com/ipostatus/
- Step 2- Select Senco Gold IPO
- Step 3- Enter your Senco Gold IPO application number, Demat Account details, or PAN number.
- Step 4- Enter the captcha
- Step 5- Click on the ‘Submit’ button