SENCO Gold Limited

IPO Size

`525 Cr

Price Band


Minimum Lot Size


Face Value

`10 Per Share

Employee Discount


Retail Allocation


Issue Open Date


Issue Close Date


Listing Date


About the Company:

Senco has a pan-India jewellery retail player with a history of more than five decades and has a fourth-generation entrepreneur in the jewellery industry as its Promoter. As per the reports of CRISIL, Senco is the largest organized jewellery retail player in the eastern region of India based on the number of stores and among eastern India-based jewellery retailers.

The firm primarily sells gold and diamond jewellery and also sells jewellery made of silver, platinum, and precious and semi-precious stones and other metals.

Its products are sold under the “Senco Gold & Diamonds” tradename, through multiple channels, including 70 Company Operated Showrooms and 57 Franchisee Showrooms (including four franchisee-owned and Company-operated Showrooms).

With a catalog offering more than 108,000 designs for gold jewellery and more than 46,000 designs for diamond jewellery, the firm offers a large variety of designs of handcrafted jewellery, in Kolkata, and across the country.

Outstanding Litigation:

S.No.  Company  Directors  Promoters
Entity Name By the Company Against the Company By the Director Against the Director By the Promoter Against the Promoter
Criminal cases 6 1 - - - -
Material civil cases 2 2 - - - -
Taxation matters - 32 - - - -
Regulatory Proceedings - 4 - - - -


Financial Statements:

Income Statement(in Milllions) Nov'2021 FY21 FY20 FY19
Gross Operating Income 24,790.71 26,749.24 24,290.34 24,937.09
Cost of Employee & Inventory 459.81 521.81 470.19 461.30
Other Expenses 22,719.24 24,850.54 22,041.81 23,087.82
EBITDA 2,071.47 1,898.70 2,248.53 1,849.27
Depreciation 253.16 395.72 371.56 277.93
Finance Cost 441.17 666.37 556.71 447.91
Profit Before Tax 1,377.14 836.61 1,320.26 1,123.43
 Tax 361.46 221.79 410.92 402.88
Profit After Tax 1,015.68 614.82 909.34 720.55

Promoter of the Company

Suvankar Sen

Peer Comparison

• Kalyan Jewellers India Limited • Titan Company Limited

Objectives of the Issue

Offer for Sale

The proceeds from the sale of equity shares by promoters worth Rs200crores will not be received by the company

Fresh Issue

Net proceeds from the sale of fresh shares worth Rs325cr will be utilized for the following objectives: • Funding working capital requirements of the Company; • General corporate purposes

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