Private Equity Liquidity Events
Jeweller Senco Gold's Rs.405-Cr IPO subscribed 73 times
The INR 405 crore initial public offering (IPO) of Kolkata-based gold and diamond jewellery retailer Senco Gold was subscribed 73.35 times. The IPO comprises INR 270 crore from a fresh issue and INR 135 crore from the OFS by existing investors, including Elevation Capital. The shares were sold in the price band of INR 301-307.
The qualified institutional buyers' portion was subscribed 180.94 times. The retail investor's segment was subscribed 15.46 times and the portion meant for non-institutional investors (NIIs) was subscribed 64.99 times.
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From the Venture Intelligence PE-VC Deal Database: Between Oct-14 and Apr-22, Senco had raised USD 23 M from Oman India Joint Investment Fund and Elevation Capital (then known as SAIF Partners). (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)