Senco Gold and 5 other IPOs set to hit the Street this week. Check details

economictimes.indiatimes.com:

PKH Ventures, Global Pet Industries, Tridhya Tech, and Synoptics Technologies have already opened for subscription and will close this week.Senco Gold The initial public offering (IPO) of Senco Gold will open for public subscription on July 4. The issue closes on July 6. The company had set the price band of Rs 301-317 per share.

Willing investors can subscribe to at least one lot of 47 equity shares and in multiple of 47 shares. The allocation to anchor investors will be done on July 3. The offer comprises a fresh equity issue of up to Rs 270 crore and an offer for sale (OFS) aggregating up to Rs 135 crore.

Under the OFS segment, SAIF Partners India IV will offload shares. About 50% of the offer is reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 35% for retail investors (RIIs). Net proceeds from the issue will be used for funding the working capital requirements of the company and other general corporate purposes.

For the financial year ending March 2023, the company's total income stood at Rs 4,108 crore, while profit came in at Rs 158 crore.PKH Ventures The initial share sale of PKH Ventures is a mainboard IPO that kicked off on June 30. The issue closes for subscription on July 4. The company had set the price band of Rs 140-148 per share.

The company's issue size is Rs 379 crore at the upper price band. 50% of the net offer (Rs 179-189 crores) is reserved for the QIB portion. 15% of the net offer (Rs 54-57 crore) is reserved for NII, while 35% (Rs 126-133 crore) is reserved for Retail.