{"id":21769,"date":"2023-07-03T13:29:47","date_gmt":"2023-07-03T07:59:47","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=21769"},"modified":"2023-07-03T13:29:47","modified_gmt":"2023-07-03T07:59:47","slug":"senco-gold-aims-to-raise-%e2%82%b9405-crore-in-ipo","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/senco-gold-aims-to-raise-%e2%82%b9405-crore-in-ipo\/","title":{"rendered":"Senco Gold Aims To Raise \u20b9405 Crore In IPO"},"content":{"rendered":"<p>Senco Gold Limited, a renowned jewellery retailer, is set to open its initial public offering (IPO) on 4th July, aiming to raise up to \u20b9405 crore (approx. $50 million). The IPO consists of a fresh issue of equity shares worth up to \u20b9270 crore ($40 million) and an offer for sale by SAIF Partners India IV Limited of equity shares totalling up to \u20b9135 crore ($16.5 million). The anchor investor bidding period commenced on 3rd July, and the IPO will close on 6th July.<\/p>\n<p>The price band for the IPO has been fixed at \u20b9301 ($3.68) to \u20b9317 ($3.87) per equity share. Investors can bid for a minimum of 47 equity shares and in multiples of 47 thereafter.<\/p>\n<p>Senco Gold Limited plans to utilise the net proceeds from the fresh issue to meet its working capital requirements, estimated at \u20b9196 crore ($24 million). The remaining funds will be allocated towards general corporate purposes.<\/p>\n<p>The equity shares will be listed on BSE Limited and the National Stock Exchange of India Limited.<\/p>\n<p>Qualified Institutional Buyers (QIBs) will be allocated a maximum of 50% of the IPO on a proportionate basis. The QIB portion may allocate up to 60% to anchor investors at the discretion of the company and SAIF Partners India IV Limited. Non-Institutional Bidders will have access to at least 15% of the IPO, with a reservation for different application sizes. Retail Individual Bidders (RIBs) will be offered at least 35% of the IPO.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senco Gold Limited, a renowned jewellery retailer, is set to open its initial public offering (IPO) on 4th July, aiming to raise up to \u20b9405 crore (approx. $50 million). The IPO consists of a fresh issue of equity shares worth up to \u20b9270 crore ($40 million) and an offer for sale by SAIF Partners India&hellip;<\/p>\n","protected":false},"author":1,"featured_media":21770,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-21769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Senco Gold Aims To Raise \u20b9405 Crore In IPO - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/senco-gold-aims-to-raise-\u20b9405-crore-in-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senco Gold Aims To Raise \u20b9405 Crore In IPO - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"Senco Gold Limited, a renowned jewellery retailer, is set to open its initial public offering (IPO) on 4th July, aiming to raise up to \u20b9405 crore (approx. $50 million). The IPO consists of a fresh issue of equity shares worth up to \u20b9270 crore ($40 million) and an offer for sale by SAIF Partners India&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/senco-gold-aims-to-raise-\u20b9405-crore-in-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-03T07:59:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2023\/07\/Suvankar.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/senco-gold-aims-to-raise-%e2%82%b9405-crore-in-ipo\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2023\/07\/Suvankar.jpg\",\"width\":1000,\"height\":600},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/senco-gold-aims-to-raise-%e2%82%b9405-crore-in-ipo\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/senco-gold-aims-to-raise-%e2%82%b9405-crore-in-ipo\/\",\"name\":\"Senco Gold Aims To Raise \\u20b9405 Crore In IPO - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/senco-gold-aims-to-raise-%e2%82%b9405-crore-in-ipo\/#primaryimage\"},\"datePublished\":\"2023-07-03T07:59:47+00:00\",\"dateModified\":\"2023-07-03T07:59:47+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/senco-gold-aims-to-raise-%e2%82%b9405-crore-in-ipo\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/21769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=21769"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/21769\/revisions"}],"predecessor-version":[{"id":21771,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/21769\/revisions\/21771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/21770"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=21769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=21769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=21769"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=21769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}