Senco Gold IPO price band announced- Rs 405 crore public issue opens next week; check IPO, listing dates
时间:2024-05-18 15:16:54 阅读(143)
Senco Gold Ltd has set the price band for Rs 405-crore IPO at Rs 301-317 per share. The initial public offer will open for subscription on Tuesday, July 4 and close on Thursday, July 6. The anchor investor bidding is scheduled for Monday, July 3, according to the Red Herring Prospectus (RHP). The share allotment will take place on July 11, while the credit of shares will be on July 13. The shares are expected to be listed on exchanges on Friday, July 14. On the upper price band, the company is valued at Rs 2,460 crore.
The public issue consists of a fresh issue of Rs 270 crore and an offer-for-sale of up to Rs 135 crore by its promoter SAIF Partners India IV Ltd. SAIF Partners has a 19.23% stake in the company. The proceeds from the IPO worth Rs 196 crore will be used for funding the working capital requirements of the company. As of March 2023, the company has a total working capital sanction limit of Rs 2,073 crore. IIFL Securities Ltd, Ambit Private Ltd and SBI Capital Markets Ltd are the book-running lead managers to the issue. The equity shares are proposed to be listed on the BSE and NSE.
上一篇:Crude oil slides after IMF says slowing global growth engines portend tougher 2023
下一篇:Zaggle IPO opens for subscription, GMP up 12%; should you subscribe to the issue-
猜你喜欢
- Bharat Forge rating – Reduce- Numbers were below expectations
- BHEL shares surge after reports of winning Rupees 19,422 crore NLC power project
- India will get into global bond indices on own terms- Official
- Cotton output may decline 8 per cent to 294
- Crude set to see price shift despite decline on weak global sentiment
- D-Mart Rating- Buy - Positive FY24 outlook
- Comex gold sees selling pressure near resistance of $1987; Silver may move in a broader range of $23
- Crude oil price may reach $97 a barrel by year-end, says Goldman Sachs; MCX crude resistance near Rs 6000-6100
- Bond binge- India Inc, banks to raise Rs 30K crore this week