Shanti Gold International

Shanti Gold International

Mainboard

₹14,925 / 75 Shares

Offer Date:Jul 25, 2025 - Jul 29, 2025
Listing Price : ₹227.55 at a Premium of 14.35%
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IPO Live Subscription Details

CategorySubscription (Times)
Date
29 Jul 2025,07:00:00 PM
QIBs
117.33
NII
NII (bids above ₹10L): 173.08 times
NII (bids below ₹10L): 108.28 times
NII Total: 151.48
Retail
30.37 times
Total
81.17 times

Shanti Gold International IPO Details

The Shanti Gold International IPO price band is set between ₹189-199 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 25 Jul, 2025 and closes on 29 Jul, 2025. Investors can check the allotment status on 30 Jul, 2025, while the listing date is tentatively scheduled for 1 Aug, 2025.

The total issue size is 1,80,96,000 shares, aggregating up to ₹360.11 Cr. Stay tuned for the latest Shanti Gold International IPO review and GMP updates.

Shanti Gold International IPO Review, Rating & Analysis

Shanti Gold International IPO Review

NO REVIEW

Shanti Gold International IPO Rating

Shanti Gold International IPO Highlights

IPO Date

Jul 25, 2025 - Jul 29, 2025

Listing Date

1 Aug, 2025

Face Value

₹10 Per Equity Share

Price Band

₹189-199 per equity share

Lot Size

75 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Shanti Gold International IPO Lot Size

The minimum market lot for Shanti Gold International IPO is 75 shares with an application amount of ₹14,925. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)175₹14,925
Retail (Max)13975₹1,94,025
S-HNI (Min)141050₹2,08,950
S-HNI (Max)675025₹9,99,975
B-HNI (Min)685100₹10,14,900

Shanti Gold International IPO Timeline

IPO Open Date
25 Jul, 2025
IPO Close Date
29 Jul, 2025
Basis of Allotment
30 Jul, 2025
Listing Date
1 Aug, 2025

Issue Price

₹189-199 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

Lead Manager

Choice Capital Advisors Pvt Ltd

Issue Size

1,80,96,000 shares(aggregating up to ₹360.11 Cr)

Shanti Gold International IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 25419.831112.4755.84152.37-233.00
31 Mar 24325.4715.0426.8796.67-210.68
31 Mar 23256.88682.2819.8269.81-165.34

All values are in ₹ Cr.

Shanti Gold International IPO Valuations

EPS Pre IPO

₹10.34/-

EPS Post IPO

₹7.75/-

PE Pre IPO

19.24

PE Post IPO

25.69

ROE

-

ROCE

25.70%

Debt Equity

1.60

RoNW

44.85%

PAT Margin

5.05%

Price to Book Value

7.05

Promoters & Share Holding

Promoter(s) Name

  • Pankajkumar H Jagawat
  • Manojkumar N Jain
  • Shashank Bhawarlal Jagawat
Share Holding Pre IssueShare Holding Post Issue
99.9974.89%

About Company

Shanti Gold International Limited was incorporated in the year 2003 and is a business manufacturer of gold jewelry. The company is involved in the production of high-quality 22kt CZ casting gold jewelry, with specialization in design and manufacture.The company specializes in manufacturing high-quality, ornate-designed jewelry, such as bangles, rings, necklaces, and sets, for special occasions, weddings, festivals, and everyday wear at competitive prices.

The company has a in-house manufacturing setup for design, production, and packaging to maintain quality control. The company utilizes sophisticated machines and outsourced manpower for labor-intensive jobs such as manual stone setting, maintaining precision and workmanship.The company possesses a 13,448.86 square feet manufacturing unit at Andheri East, Mumbai, and has the capacity to produce 2,700 kg per annum, allowing precise and effective production of jewelry.The firm staff of 80 computer-aided design technology (CAD) designers produce more than 400 gemstone-set CZ gold pieces every month, employing sophisticated CAD technology to design elaborate pieces.

The firm has secured long-term associations with a number of jewelry firms, including corporate labels such as Joyalukkas, Lalitha Jewellery, Alukkas Enterprises, Vysyaraju Jewellers, and Shree Kalptaru Jewellers, among others.The company was started in 2003 and has grown to 13 states and one union territory up to September 30, 2024, with its branches in prominent cities such as Mumbai, Bangalore, Chennai, and Hyderabad.

Product portfolio:
The company has a range of intricately crafted jewelry, such as bangles, rings, necklaces, and full sets. It serves various price segments, offering jewelry for special occasions such as weddings and also for festive and everyday wear.

As of 15th November, 2024, the company employed a total of 225 people.

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Shanti Gold International IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved36,19,200
27,14,400

18,09,600    9,04,800
63,33,6001,26,67,200
Day 1 -25-07-25 05:00 PM
0.01 x
1.09

0.90 x   1.47 x
1.84 x1.16 x
Day 2 -28-07-25 05:00 PM
0.05 x
7.53

6.52 x   9.54 x
6.61 x4.93 x
Day 3 -29-07-25 05:00 PM
117.33 x
151.18

173.08 x   107.37 x
29.77 x80.80 x
Total No. of Applications:23,14,710 (Approx)
Retail Subscription:

Retail:25.64x

BHNI:35.15x

SHNI:104.4x times

Company Contact Details

Shanti Gold International

Plot No A-51, 2nd Floor to 7th Floor, MIDC, Marol Industrial Area, Road no.-1,Near Tunga International Hotel, Mumbai, Maharashtra, 400093

Phone: + 91 22 4824 964

Email: cs@shantigold.in

Website: https://shantigold.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Frequently Asked Questions about Shanti Gold International IPO

When will Shanti Gold International IPO open for subscription?

The Shanti Gold International IPO opens on 25 Jul, 2025 and closes on 29 Jul, 2025.

What is the investors portion for Shanti Gold International IPO?

The investors' portion for QIB is 117.33 x, NII is 173.08 x, and Retail is 29.77 x.

How to apply for Shanti Gold International IPO?

You can apply for Shanti Gold International IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Shanti Gold International IPO?

The issue size of Shanti Gold International IPO is approx ₹1,80,96,000 shares(aggregating up to ₹360.11 Cr) crores.

What is the price band of Shanti Gold International IPO?

The price band for Shanti Gold International IPO is ₹189 to ₹199 per equity share.

What is the lot size of Shanti Gold International IPO?

The minimum bid (lot size) for Shanti Gold International IPO is N/A shares with an investment of approx ₹14,925 .

What is the allotment date of Shanti Gold International IPO?

The allotment date for Shanti Gold International IPO is 30 Jul, 2025.

What is the listing date of Shanti Gold International IPO?

The listing date for Shanti Gold International IPO is expected to be 1 Aug, 2025.

What is the GMP of Shanti Gold International IPO?

The latest Grey Market Premium (GMP) for Shanti Gold International IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Shanti Gold International IPO Date, Review, Price, Allotment Details, GMP | IPOROCK