Shanti Gold International IPO
Shanti Gold International IPO is listed on BSE and NSE, priced at ₹189–₹199 per share. The stock debuted at ₹227.55, delivering a listing gain of 14.3%. The IPO had a lot size of ₹75 shares and a minimum investment of ₹14,925.
Shanti Gold International Limited IPO
- IPO Dates
- Jul 25, 2025 – Jul 29, 2025
- Price band
- ₹189-199 per equity share
- Minimum Investment
- ₹14,925
- Issue size
- ₹360.11 Cr
- Lot size
- 75
- Allotment Date
- Jul 30, 2025
- Listing
- Aug 1, 2025
- Listing At
- BSE, NSE
IPO timeline
-
Jul 25, 2025
Open Date
Completed
-
Jul 29, 2025
Close Date
Completed
-
Jul 30, 2025
Allotment Date
Completed
-
Aug 1, 2025
Listing Date
Completed
Price Summary
- Last closing
- 208.00 (4.52%)
- 52 week high
- 274.10
- 52 week low
- 155.00
- Last update
Shanti Gold International IPO Essentials
Shanti Gold International IPO Details
Shanti Gold International IPO is priced at ₹189-199 per share with a total issue size of 360.11 crore. The IPO has a lot size of 75 shares and is listed on BSE and NSE.
- Issue price
- ₹189-199 per equity share
- Lot size
- 75 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,80,96,000 shares(aggregating up to ₹360.11 Cr)
- Total issue size
- 1,80,96,000 shares
(aggregating up to ₹360.11 crore) - Fresh issue
- 1,80,96,000 shares
(aggregating up to ₹360.11 crore) - Listing at
- BSE, NSE
- List price
- 227.55(NSE)
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Choice Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 75 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 75 | ₹14,925 |
| Retail(max) | 13 | 975 | ₹1,94,025 |
| sHNI(min) | 14 | 1,050 | ₹2,08,950 |
| sHNI(max) | 67 | 5,025 | ₹9,99,975 |
| sHNI(min) | 68 | 5,100 | ₹10,14,900 |
Shanti Gold International IPO Reservation
Shanti Gold International IPO reservation details show category-wise allocation of shares. Out of the total 1,80,96,000 shares, approximately 21.43% for NII, and 50% for retail investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 54,28,800 (NA%) | |
| QIB Shares Offered | 36,19,200 (NA%) | |
| NII (HNI) Shares Offered | 27,14,400 (21.43%) | |
| bHNI > ₹10L | 18,09,600 (14.29%) | 1,723 |
| sHNI < ₹10L | 9,04,800 (7.14%) | 861 |
| Retail Shares Offered | 63,33,600 (50%) | 84,448 |
| Total Shares Offered | 1,80,96,000 (100%) |
Shanti Gold International IPO Analytics
Shanti Gold International IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shanti Gold International IPO Subscription Status
Shanti Gold International IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 36,19,200 |
27,14,400
18,09,600
9,04,800
|
63,33,600 | 1,26,67,200 |
|
Day 1
25-07-25 05:00 PM
|
0.01 x |
1.09x
0.90x
1.47x
|
1.84 x | 1.16 x |
|
Day 2
28-07-25 05:00 PM
|
0.05 x |
7.53x
6.52x
9.54x
|
6.61 x | 4.93 x |
|
Day 3
29-07-25 05:00 PM
|
117.33 x |
151.18x
173.08x
107.37x
|
29.77 x | 80.80 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 23,14,710 (Approx) | 35x | 104.14x | 25.64x |
Shanti Gold International Valuations
Earnings
- EPS Pre IPO
- ₹10.34/-
- EPS Post IPO
- ₹7.75/-
- P/E Pre IPO
- 19.24
- P/E Post IPO
- 25.69
Returns
- ROCE
- 25.70%
- RoNW
- 44.85%
- PAT Margin
- 5.05%
Fundamentals
- Debt / Equity
- 1.60
- Price / Book
- 7.05
Shanti Gold International Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 419.83 | 325.4 | 256.88 |
| Revenue | 1,112.47 | 715.04 | 682.28 |
| Profit After Tax | 55.84 | 26.87 | 19.82 |
| Net Worth | 152.37 | 96.67 | 69.81 |
| Total Borrowing | 233.00 | 210.68 | 165.34 |
Shanti Gold International Company & Offer Insights
About Shanti Gold International
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.
Shanti Gold International Promoter(s)
Pankajkumar H Jagawat, Manojkumar N Jain, Shashank Bhawarlal Jagawat are the company's promoters of Shanti Gold International.
Shanti Gold International IPO Issue Objectives
- •
- Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility
- •
- Funding working capital requirements of the Company.
- •
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company.
- •
- General corporate purposes.
Shanti Gold International IPO - Anchor Investors
Shanti Gold International IPO; anchor book closes with bids valued at Rs 108 crore.
Societe Generale, Wealthwave Capital Fund, Vijit Growth Fund, Founders Collective Fund, Smart Horizon Opportunity Fund, Swyom India Alpha Fund, and Sunrise Investment Opportunities Fund were part of 15 investors dealt with the anchor book
Shanti Gold International IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Shanti Gold | N/A | N/A | 44.85% | 1106 |
| Utssav Cz Gold | N/A | 19.35 | 30.94% | 646 |
| Rbz Jewellers | 2.46 | 14.42 | 17.15% | 530 |
| Sky Gold | 20.87 | 34.53 | 28.59% | 3548 |
Shanti Gold International IPO - Strengths and Risks
Shanti Gold International IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Shanti Gold International
+ 91 22 4824 964
Plot No A-51, 2nd Floor to 7th Floor, MIDC, Marol Industrial Area, Road no.-1,Near Tunga International Hotel, Mumbai, Maharashtra, 400093
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Shanti Gold International IPO is a book-built IPO worth ₹360.11 crore. The price band is ₹189–₹199 per share. The IPO opens on Jul 25, 2025 and closes on Jul 29, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The price band of Shanti Gold International IPO is ₹189 to ₹199 per share.
The lot size of Shanti Gold International IPO is 75 shares.
The minimum investment for Shanti Gold International IPO is approximately ₹14,925 based on the upper price band .
Shanti Gold International IPO opens on Jul 25, 2025 and closes on Jul 29, 2025.
The allotment date of Shanti Gold International IPO is Jul 30, 2025.
Shanti Gold International IPO is expected to be listed on Aug 1, 2025, on BSE and NSE .
Shanti Gold International IPO listed on Aug 1, 2025. It was issued at ₹227.55(NSE) and is currently around ₹208.00 as on 15-May-2026 3:30 PM, which is approximately 4.5% versus issue price. The 52-week high is ₹274.10.
Based on listing and post-listing performance, Shanti Gold International IPO delivered around 4.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Shanti Gold International IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Shanti Gold International IPO valuation snapshot: P/E 25.69, EPS ₹7.75/-, P/B 7.05, RoNW 44.85%, and market cap N/A.
To apply for Shanti Gold International IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shanti Gold International IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shanti Gold International IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shanti Gold International IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shanti Gold International IPO allotment status on IPO Ji for quick and easy access.