Senco Gold IPO opens for subscription on July 4 | Heres Everything You Need To Know

Senco Gold is opening its Rs 405-crore IPO for subscription on July 4. The IPO consists of a fresh issuance of shares worth Rs 270 crore and an offer for sale of Rs 135 crore by its investor SAIF Partners India. Proceeds from the fresh issue will be used for working capital requirements and general corporate purposes. The IPO is open for subscription to qualified institutional investors, non-institutional investors, and retail investors.