Senco Gold IPO GMP History
Senco Gold IPO has been listed on July 14, 2023 at a listing price of ₹430, against the issue price of ₹317 — a gain of ₹113 (+35.65%). The GMP peaked at ₹130 on 13 July 2023 and reached a low of ₹50 on 30 June 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Senco Gold IPO raised ₹405 Cr. through its IPO at a price band of ₹301 to ₹317 per share, with a lot size of 47 shares. The IPO was open for subscription from 04 Jul 2023 to 06 Jul 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:53 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 13 Jul 2023 | ₹ 130 | ▲ | 41% | — | — |
| 12 Jul 2023 | ₹ 120 | ▲ | 38% | — | — |
| 11 Jul 2023 | ₹ 110 | ▲ | 35% | — | — |
| 10 Jul 2023 | ₹ 100 | ▲ | 32% | — | — |
| 08 Jul 2023 | ₹ 90 | ▲ | 28% | — | — |
| 07 Jul 2023 | ₹ 80 | ▼ | 25% | — | — |
| 06 Jul 2023 | ₹ 115 | ▼ | 36% | — | — |
| 05 Jul 2023 | ₹ 120 | ▲ | 38% | — | — |
| 04 Jul 2023 | ₹ 110 | ▲ | 35% | — | — |
| 03 Jul 2023 | ₹ 65 | ▲ | 21% | — | — |
| 01 Jul 2023 | ₹ 60 | ▲ | 19% | — | — |
| 30 Jun 2023 | ₹ 50 | — | 16% | — | — |
Senco Gold IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 04 Jul 2023
- Close 06 Jul 2023
- Allotment 11 Jul 2023
- Refund/credit 12 Jul 2023
- Listing 14 Jul 2023
Senco Gold IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹317 |
|---|---|
| GMP-based estimate (pre-listing) | ₹447 (+41%) |
| Listing gain / loss | +₹113 per share |
| Listing date | 14 Jul, 2023 |
| Actual listing price | ₹430 (+35.65%) |
Is Senco Gold IPO GMP reliable?
Grey market premium for Senco Gold IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Senco Gold IPO full review for a fundamentals-based assessment before making any grey market trades.
Senco Gold IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Senco Gold IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Senco Gold IPO
Senco Gold Limited was incorporated as Senco Gold Private Limited at Kolkata on 22 August 1994. As per CRISIL, it is the largest organised jewellery retailer in eastern India by number of stores, and has the widest footprint outside the east among eastern India based jewellers.
It mainly sells gold and diamond jewellery, plus jewellery in silver, platinum, precious and semi-precious stones, through showrooms and online platforms under the Senco Gold & Diamonds name. Its Everlite, Gossip and Aham collections target younger and lighter jewellery buyers.
On 31 March 2023 it had 136 showrooms, including 75 company operated and 61 franchisee showrooms, in 96 cities and towns across 13 states.
The IPO was Rs 405 crore, with Rs 270.00 crore of fresh issue and Rs 135.00 crore of offer for sale by investor SAIF Partners India IV. Rs 196.00 crore of the fresh money was planned for working capital.
Frequently asked
What is the GMP of Senco Gold IPO?
The current Grey Market Premium (GMP) of Senco Gold IPO is ₹ 130.
What is the Kostak Price of Senco Gold IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Senco Gold IPO is not available.
What is the Subject to Sauda Price of Senco Gold IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Senco Gold IPO?
Senco Gold IPO listed on July 14, 2023 at ₹430, against the issue price of ₹317 — a gain of +35.65%.
How did the GMP of Senco Gold IPO trend before listing?
The GMP of Senco Gold IPO was rising in its final days before listing. The GMP peaked at ₹130 on 13 July 2023. View the day-wise table above for the complete GMP history.
Explore Senco Gold IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
