The IPO of Senco Gold Limited, a West Bengal-based company that manufactures gold and diamond jewellery, is hitting the market today. In this, investors can bid till the coming Thursday i.e. July 6, 2023. The price band of Rs 10 per equity share of the company has been fixed at Rs 301 to Rs 317 per equity share. In this, investors will have to bid for at least 47 shares.
Headquartered in Kolkata, West Bengal, Senco Gold is engaged in manufacturing and retailing of gold ornaments for more than five decades. The retail store of this company (Senco Gold Retail Store) is spread across the country. Based on the number of stores, it is considered to be the largest organized retail jewelery company in the eastern region of India. According to information received from the company, as of March 31, 2023, Senco had 136 showrooms operating in 96 cities and towns across 13 states in India.
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