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Senco Gold IPO expected to gain 35% on listing

Senco Gold IPO was subscribed 73.35 times during 4-6 July, with interest from all kinds of investors. Qualified Institutional Investors (QIBs) played a major role in these massive subscription numbers, buying shares 181 times the allotted portion. High-net-worth individuals (HNIs) have bid 65 times the portion booked for them, and the quota reserved for retail investors was subscribed 15.5 times.

The grey market continues to drop strong vibes in regard to Senco Gold IPO.The grey market is expecting a listing gain of over 35%.

According to market observers, shares of Senco Gold are available at a premium of ₹114 in grey market today.

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