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Senco Gold Limited

From Wikipedia, the free encyclopedia

Senco Gold Limited
Company typePublic[1]
BSE543936, NSESENCO
ISININE602W01019
IndustryJewellers
Founded1994; 30 years ago (1994)
HeadquartersKolkata, West Bengal, India[2]
Key people
Suvankar Sen
(Managing Director and CEO)[3]
RevenueIncrease 5,272 crore (US$630 million) (2024)[4]
Increase 188 crore (US$23 million) (2022)[4]
WebsiteOfficial website

Senco Gold Limited is an Indian jewellery retail and manufacturing company, headquartered in Kolkata. Established in 1994, the company operates through a network of retail stores and online presence.[2][3]

History

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Senco Gold was founded in 1994 by Shankar Sen in Calcutta. The company began as a small jewellery store.[2]

In 2023, Senco Gold went public through an initial public offering (IPO).[5][6]

Operations

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Senco Gold operates retail stores which offer gold, diamond to platinum jewellery.[7][8] As of 2024, the company operates over 166 stores, with a presence in cities like Kolkata, Mumbai, Delhi, Chennai, and Bangalore, as well as smaller cities and towns.[9] In addition to its retail operations, the company’s operations also extend to its online presence.[7]

References

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  1. ^ "Senco Gold shines bright on debut, opens with 36% premium". Moneycontrol. Retrieved 15 July 2023.
  2. ^ a b c "How Kolkata's Senco Gold Struck Gold". Forbes India. Retrieved 30 November 2024.
  3. ^ a b "Senco CEO highlights strong wedding demand driving Dhanteras gold sales - CNBC TV18". CNBCTV18. 28 October 2024. Retrieved 30 November 2024.
  4. ^ a b "SENCO GOLD 2023-24 Annual Report Analysis". www.equitymaster.com. Retrieved 30 August 2024.
  5. ^ "Senco Gold Limited files DRHP with SEBI for Rs 525 crore IPO". indianjeweller.in. Retrieved 30 November 2024.
  6. ^ www.ETRetail.com. "Senco Gold aims for 15-20% revenue growth and profit - ET Retail". ETRetail.com. Retrieved 30 November 2024.
  7. ^ a b "SEBI | Senco Gold Limited". www.sebi.gov.in. Retrieved 30 November 2024.
  8. ^ "Senco gold shines with Rs 1,000 cr festive sales despite record high prices". www.business-standard.com. Retrieved 15 November 2024.
  9. ^ Ojha, Heena (26 July 2024). "Gold Sales May See 15% Growth On Customs Duty Cut, Says Senco's Suvankar Sen". NDTV Profit. Retrieved 30 November 2024.