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Senco Gold IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 8 2 0 0 6
% 50.00 12.50 0.00 0.00 37.50

Senco Gold IPO Analysis By Brokers/Analysts

Senco Gold IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Senco Gold IPO is 45. Their analysis recommends May subscribe for the IPO.

Reviewer Rating Score Rating
Capital Market 45 May subscribe

Senco Gold IPO Review by Dilip Davda (Apply)

[Dilip Davda]  The company is operating in a highly competitive, fragmented and regulated business. However, its most comprehensive range of product portfolio keeps them in a leading position and that is expressed in its last three fiscal’s performances. Investors may consider an investment with a medium to long-term perspective in this reasonably priced issue. Read detail review...

Senco Gold IPO Peer Comparison

Senco Gold Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Company NameEPS (Rs)NAV (per share) (Rs)P/E (x)RoNW (%)
EPS BasicEPS Diluted
Senco Gold Limited22.9322.87136.8318.96
Kalyan Jewellers India Limited4.204.2035.2929.2912.79
Titan Company Limited36.6136.61133.4981.1330.73

Notes:

  1. All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis) and is sourced from the annual financial information as available of the respective company for the year ended March 31, 2023, submitted to stock exchanges.
  2. P/E Ratio has been computed based on the closing market price of equity shares on NSE on June 22, 2023, divided by the Diluted EPS for the Financial Year 2023.
  3. Return on Net Worth (%) = Net Profit after Tax attributable to owners of the parent divided by average Net worth for the year, attributable to owners of the parent. Net worth represents the equity share capital and other equity including instruments entirely equity in nature.
  4. Net asset value per Equity Share = Total equity / weighted average number of equity shares outstanding at the end of the year (including effect of compulsorily convertible non-cumulative preference shares).

Senco Gold IPO Review by Members

Senco Gold IPO Reviews, analysis and views by popular members. Read Senco Gold Limited IPO reviews by retail investors to find recommended ipo to buy.

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Senco Gold IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 10 0 1 0
% 90.91 0.00 9.09 0.00
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Member Review
Ak gupt

Apply for Short Term at Cut-off Price

Must subscribe due to listing gain and short term gain .👍

July 4, 2023 11:48:45 AM
Ankit Dhakad

Apply for Long Term at Cut-off Price

In this IPO you can apply for small listing gain and long duration. See Strengths and Risks:
🟢Strengths of Investing in Senco Gold Limited:
1. Established Brand and Reputation
2. Diverse Product Range
3. Retail Network:
4. Manufacturing Expertise

🔴Risks of Investing in Senco Gold Limited:
1. Industry-Specific Risks
2. Competitive Landscape
3. Regulatory and Compliance Factors
4. Operational Challenges

I Like It. 1

July 3, 2023 9:20:58 AM
B.M.SURANA
IPO Guru IPO Guru (2700+ Posts, 5300+ Likes)

Apply for Short Term at Upper Price Band

PE Ratio theek hai !

I Like It. 1

July 2, 2023 12:22:50 PM
Capital Investors

Apply for Listing Gain at Cut-off Price

Attractive price ,company back ground ok

June 30, 2023 10:56:02 AM
Crow
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)

Apply for Listing Gain at Cut-off Price

Senco Gold is coming at a good valuation and that's perhaps the only good and relevant point for this IPO. As many other members have mentioned here, gold or jewellery-based companies rarely reward shareholders (with the slightly irrelevant exception of Titan).

However, this is a carefully orchestrated IPO and there WILL be some listing gain. If not a 30% pop, it may rise by at least 10%. I see no major red flags here. I will apply to gain 1 retail lot. QIB may cross 30x. Thanks.

July 6, 2023 12:24:27 PM
👉 Are CIRCUIT (200+ Posts)

Apply for Listing Gain at Cut-off Price

Senco simple words It's pure gold at price of silver.

I'll go fully long with all bighni app.

20% I'll pre open booking if alloted

Don't trap yourself by selling application to panipat or sonipat.

July 6, 2023 12:51:11 PM
MVP RAJKOT

Apply for Short Term at Upper Price Band

Apply with Full Force

July 1, 2023 10:16:02 AM
njoy

Apply for Long Term at Cut-off Price

Hold for good returns.

July 2, 2023 6:12:37 PM
RIZWAN AHMAD.

Apply for Listing Gain at Cut-off Price

.

July 2, 2023 2:34:39 PM
sarojgouda

Apply for Listing Gain at Upper Price Band

I think market has gained a lot so it may be down after gain

July 3, 2023 3:43:26 PM
Sarraf

Neutral

Ab tak kisi bhi Jewellery company ne itna return nhi diya hai jitna iska GMP chla rkha hai.
I think GMP goes down to 50 Rs. Plz be safe.. Dont buy from Grey market.
Wait for 50

July 5, 2023 8:56:14 PM

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