Senco Gold IPO clears hurdle on Day 2 with strong subscription

5 Jul 2023 , 12:29 PM

The Rs 405 crore initial public offer of Senco Gold has hit the D-street on July 4 and the issue has received strong response from retail investors and non-institutional investors. At 12.21 PM on day 2, the issue was subscribed 1.37 times.

Check all the subscription details of Senco Gold IPO on day 2 in the table provided below:

Category	No.of shares offered	No. of shares bid for	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	26,91,028	4,606	0.00
Non Institutional Investors(NIIS)	20,18,273	27,53,683	1.36
Retail Individual Investors (RIIs)	47,09,302	1,01,34,046	2.15
Total	94,18,603	1,28,92,335	1.37

(Source: BSE)

Prior to the initial public offering (IPO), the company garnered Rs 121 crore from anchor investors, attracting renowned participants such as Nippon MF, White Oak, Jupiter Asset Management, Bandhan MF, and 3P India Equity Fund, among others. Notably, Prashant Jain is the owner of 3P India Equity Fund.