Friday, June 30, 2023

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SENCO GOLD LIMITED: INITIAL PUBLIC OFFERING TO OPEN ON JULY 04, 2023 Price Band fixed at ₹ 301 to ₹ 317 per Equity Share of face value of ₹ 10 each; Offer will open on Tuesday, July 04, 2023 and close on Thursday, July 06, 2023; Bids can be made for a minimum of 47 Equity Shares and in multiples of 47 Equity Shares thereafter June 30, 2023: Senco Gold Limited (the “Company”) proposes to open for subscription an initial public offering of equity shares of face value of ₹ 10 each (“Equity Shares”)aggregating up to ₹ 4,050 million (“Offer”) on Tuesday, July 04, 2023. The initial public offering comprises a fresh issue of equity shares aggregating up to ₹ 2,700 million (“Fresh Issue”) and an offer for sale by SAIF Partners India IV Limited (the “Selling Shareholder”) of equity shares aggregating up to ₹ 1,350 million (the “Offer for Sale”). The anchor investor bidding period is Monday, July 03, 2023. The Offer will close on Thursday, July 06, 2023. The Price Band of the Offer has been fixed from ₹ 301 to ₹ 317 per equity share. Bids can be made for a minimum of 47 equity shares and in multiples of 47 equity shares thereafter. The Company proposes to utilize the net proceeds of the Fresh Issue towards funding working capital requirement of the Company which is estimated to be ₹ 1,960 million and balance amount towards general corporate purposes. (the “Objects of the Issue”) The Equity Shares are being offered through the red herring prospectus (“RHP”) of the Company dated June 27, 2023 filed with Registrar of Companies, West Bengal at Kolkata (“ROC”) and are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”). For the purposes of the Offer, the NSE is the Designated Stock Exchange.

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