Senco Gold Ltd's initial public offering (IPO) has been subscribed 2.68 times on the second day. The Rs 405 crore-IPO received bids for 2,52,28,190 shares against 94,18,603 shares on offer. The company has 140 showrooms across 13 Indian states, with a majority in West Bengal. It also sells its products online and exports them to Dubai, Malaysia and Singapore.