Shanti Gold International IPO: Price Band, GMP, Dates, Lot Size & Full Details
Dalal Street is about to become a shining gold! With one of the suddenly-popular reputed brand names Shanti Gold International Limited launching its 360.11 rupees crore IPO through the method of book-building and already being eyed by investors, the stake is already high on this. This is a full IPO details of Shanti Gold International including the IPO date, GMP, IPO price band, IPO lot size, the company business model and the financials as well as how you can apply as a retail and HNI.
Shanti Gold International IPO Dates
- IPO Opening Date: July 25, 2025 (Friday)
- IPO Closing Date: July 29, 2025 (Tuesday)
- Basis of Allotment: July 30, 2025 (Wednesday)
- Initiation of Refunds: July 31, 2025 (Thursday)
- Shares Credited to Demat: July 31, 2025 (Thursday)
- Listing Date on BSE/NSE: August 1, 2025 (Friday)
- Cut-off Time for UPI Mandate: July 29, 2025, at 5 PM
Shanti Gold IPO Price Band and Lot Size
The Shanti Gold IPO price band is set between ₹189 and ₹199 per share, with a face value of ₹10 per equity share. The minimum application lot size is 75 shares, making the minimum investment amount for retail investors ₹14,925. For sNII (small non-institutional investors), the minimum application is 14 lots (1,050 shares), amounting to ₹2,08,950, while bNII (big non-institutional investors) need to invest at least in 68 lots (5,100 shares), worth ₹10,14,900. This pricing and lot size strategy ensures wider accessibility across investor categories.
- Price Band: ₹189 to ₹199 per equity share
- Face Value: ₹10 per share
- Market Lot: 75 shares
- Minimum Retail Investment: ₹14,925
- S-HNI Min Investment: 14 lots = 1,050 shares = ₹2,08,950
- B-HNI Min Investment: 68 lots = 5,100 shares = ₹10,14,900
Shanti Gold International IPO Details
Shanti Gold IPO Reservation Category
In terms of subscription, the Shanti Gold International IPO allotment will likely be finalized on July 30, 2025, with listing on both BSE and NSE scheduled for August 1, 2025. The IPO has allocated 50% of the net issue to QIBs, 35% to retail investors, and 15% to NIIs, ensuring a balanced distribution. The IPO is being managed by Choice Capital Advisors Pvt Ltd as the Book Running Lead Manager and Bigshare Services Pvt Ltd as the registrar.
About Shanti Gold International Ltd
Shanti Gold International Ltd Shanti gold international Ltd is a company, which is based in the city of Liverpool in England.
Founded in 2003, Shanti Gold International Ltd involves itself with the production of 22kt CZ (Cubic Zirconia) of casting gold jewellery. The company manufactures all types of jewellery with bangles, rings, necklaces, and sets that can be used in everyday situation and on occasion.
Its manufacturing (13,448.86 sq. ft) plant is based in Andheri East, Mumbai and the plant has a production capacity of 2,700 kg per annum. The firm has more than 220 employees and works with more than 100 + contractors. They also have internal design of 80 CAD designers coming up with well more than 400 designs in a month.
Among the brands with which it has forged a B2B relationship with are Shanti Gold International:
- Joyalukkas
- Lalitha Jewellery
- Alukkas Enterprises
- Vysyaraju Jewellers
- Shree Kalptaru Jewellers
By May 31, 2025, the company has been able to grow to 15 states and 1 union territory, covering such places as Mumbai, Chennai, Bangalore, or Hyderabad.
Shanti Gold International Financial Performance
📌 Key Insight: Revenue jumped 56%, and PAT more than doubled YoY (2024 to 2025), indicating strong demand and efficient cost management.
Promoters of Shanti Gold IPO
The company is promoted by:
- Pankajkumar H Jagawat
- Manojkumar N Jain
- Shashank Bhawarlal Jagawat
Post IPO, promoter shareholding will dilute from 99.99% to 74.89%, which still indicates strong promoter skin in the game.
