Senco Gold Ltd shares listed at a premium of 35.6% on NSE and BSE, reaching ₹430 and ₹431 per share respectively.
The IPO received a positive response, subscribed 77.25 times overall; retail investors' part was subscribed 16.28 times, QIBs 190.56 times, and NIIs 68.44 times.
The IPO consists of fresh issuances worth ₹270 crore and an offer-for-sale of shares by SAIF Partners India IV worth ₹135 crore.
Senco Gold intends to use the IPO proceeds for business needs and working capital requirements; it raised ₹121.50 crore from 21 anchor investors before IPO.