Senco Gold IPO to open on July 4: Here are 10 things to know about the offer

Senco Gold, the largest jewellery retail player in the eastern region, is set to launch its initial public offering (IPO) on July 4. The IPO comprises a fresh equity issue of up to Rs 270 crore and an offer for sale (OFS) of up to Rs 135 crore. The price band is set at Rs 301-317 per equity share, with a minimum bid of 47 shares. The proceeds will be used for working capital and general corporate purposes. The company has a strong brand name and a solid financial track record.

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