Shanti Gold International

Shanti Gold International

Mainboard

₹14,925 / 75 Shares

Offer Date:Jul 25, 2025 - Jul 29, 2025
Share

IPO Live Subscription Details (times)

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

IPO Details

Shanti Gold International IPO is priced between ₹189-199 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and Bigshare Services Pvt Ltd is managing the issue as the registrar.

The IPO bidding period opened on 25 Jul, 2025, and closed on 29 Jul, 2025. The allotment results will be announced on 30 Jul, 2025, with a tentative listing date set for 1 Aug, 2025.

The total issue comprises 1,80,96,000 shares, amounting to ₹360.11 Cr.

Shanti Gold International IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Jul 25, 2025 - Jul 29, 20251 Aug, 2025₹10 Per Equity Share₹189-199 per equity share75 Shares Shares -BSE, NSE

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

Market Lot

Retail: 75 Shares (₹14,925/-)
S-HNI: 1,050 Shares (₹2,08,950/-)
B-HNI: 5,100 Shares (₹10,14,900/-)

Lead Manager

Choice Capital Advisors Pvt Ltd

Issue Size

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

Retail Portion

35% (Number of Retail Applications: 84,448 Approx),(Number of S-HNI Applications : 862 Approx),(Number of B-HNI Applications : 1,723 Approx)

Subscription

80.80 times

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

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 PM0.01 x
1.09

0.90 x   1.47 x
1.84 x1.16 x
Day 2 - 28-07-25 05:00 PM0.05 x
7.53

6.52 x   9.54 x
6.61 x4.93 x
Day 3 - 29-07-25 05:00 PM117.33 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

Shanti Gold International IPO - Issue Objectives

  1. Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility
  2. Funding working capital requirements of the Company.
  3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company.
  4. General corporate purposes.
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