Senco Gold IPO GMP, Subscription, Review; Should You Buy on Last Day? - News18
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Senco Gold IPO Subscription Day 3: The Rs 405-crore public issue is set to close on July 6. On its second day of bidding, the issue continued to get a decent response from investors, subscribing 2.07 times as per the subscription data available on exchanges. Senco Gold IPO: Subscription Status So far retail investors and high-networth individuals remained at the forefront to support the offer, buying 3.05 times and 2.34 times the allotted quota, while qualified institutional investors have bid 14 per cent shares of the portion set aside for them. Senco Gold IPO: Allotment & Listing Date The allotment of shares has been scheduled for July 11, while the credit of shares will be on July 13. The shares will be listed on exchanges on July 14. On the upper price band, the firm is valued at Rs 2,460 crore. Senco Gold IPO: OFS The 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 Partner...