Offer Size
Offer of Equity Shares Up to Equity Shares, aggregating up to ₹ 4,050.00 million
of which
- Fresh Issue(1) Up to Equity Shares, aggregating up to ₹ 2,700.00 million
- Offer for Sale(2) Up to Equity Shares, aggregating up to ₹ 1,350.00 million by SAIF
Partners India IV Limited (the Selling Shareholder)
Summary of Restated Consolidated Financial Information:
A summary of the financial information of our Company as per the Restated Consolidated Financial Information is as follows
Internal risk factors
1. The company face significant competition in the Indian jewellery market, they risk losing substantial portion of our customers and our market share which will adversely affect our business, financial condition, results of operations and prospects.
2. The Company requires significant amounts of working capital for continued growth. their inability to meet our working capital requirements, on commercially acceptable terms, may have an adverse impact on their business, financial condition and results of operations.
3. they require certain approvals, permits and licenses in the ordinary course of business, and any failure or delay to obtain or renew them or to comply with their conditions in the future may adversely affect their operations
4. The use of the words “Senco” in the corporate and trading names by certain third parties who have the right to use those words in their names may lead consumers to confuse them with the Company and if they experience any negative publicity, it could have an adverse effect on our business, results of operations and financial condition. This confusion might also lead to the Company losing business to such competitors and might adversely affect our goodwill.
5. The company have been subject to a ‘search and seizure’ operation by the income-tax department in the past, which has resulted in taxation and criminal proceedings being initiated against our Company and our Individual Promoter. It have also been subject to an on spot search from the Directorate General of Central Excise Intelligence, Kolkata along with show cause notice. Further, a search has been conducted by the customs department at the Registered and Corporate Office in relation to an investigation against one of the companies Job Worker and vendor and a spot summons was issued to the Company. Any adverse outcome of such proceedings might have an adverse effect on our business, financial condition and results of operation.
