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SAIF Partners pares around 6% stake in Senco Gold for Rs 433 cr

Hong Kong-based SAIF Partners on Thursday pared a 5.8 per cent stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction

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Hong Kong-based SAIF Partners on Thursday pared a 5.8 per cent stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction. SAIF Partners, through its arm SAIF Partners India IV Ltd, sold shares of Kolkata-based Senco Gold on the BSE.

According to the bulk deal data available on the BSE, SAIF Partners India IV offloaded 45,07,487 shares, amounting to a 5.8 per cent stake in Senco Gold.

The shares were disposed of at an average price of Rs 960.02 apiece, taking the deal value to Rs 432.72 crore.After the share sale, SAIF Partners’ shareholding in Senco Gold declined to 4.97 per cent from 10.77 per cent.

Details of the other buyers of Senco Gold’s shares could not be ascertained.Shares of Senco Gold gained 1.30 per cent to close at Rs 964.35 per piece on the BSE.

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Royal Chain Files Draft Papers For Rs 1,000-Crore IPO

The Offering Features A Fresh Issue Of Equity Shares Worth Up To Rs 850 Crore Alongside An Offer For Sale (OFS) Of Up To Rs 150 Crore By Promoters and Existing Investors.

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B2B jewellery manufacturer Royal Chain Ltd has filed draft red herring prospectuses (DRHP) with SEBI to raise Rs 1,000 crore through an initial public offering (IPO). The offering features a fresh issue of equity shares worth up to Rs 850 crore alongside an Offer for Sale (OFS) of up to Rs 150 crore by promoters and existing investors.

From the fresh issue, Royal Chain Ltd  plans to deploy Rs 650 crore toward repaying or prepaying outstanding debt and accrued interest, reducing its total standalone borrowings of Rs820.4 crore. The remainder will fund general corporate purposes.

As a vertically integrated original design manufacturer (ODM), Royal Chain Ltd  designs and manufactures gold chains and fine jewellery.

Royal Chain is a vertically integrated, technology-driven original design manufacturer (ODM) of gold chains and jewellery, operating across the value chain from conceptualisation and design to prototyping and manufacturing.

The company serves a broad customer base that includes organised retailers such as Titan Company, Kalyan Jewellers India, P N Gadgil Jewellers, Senco Gold, Kalamandir Jewellers, Thangamayil Jewellery and D.P. Abhushan, among others.

As of June 30, 2026, Royal Chain had a product portfolio of more than 27,000 designs. Its offerings are marketed under in-house brands including Rico, SAR and Anamitra, a children’s jewellery brand, as well as collections such as Aalishaan Jewels, Orant and Indigo.

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