Sunil Gold India Ltd has submitted the initial documents to SEBI for IPO. The IPO will consist of fresh issues and OFS by promoters.
Wherein the fresh issue of 2 Crore equity shares and offer for sale of up to 65 lakh shares by the promoters, Anil Jain and Shernik Jain. The company plans to list its shares on the BSE and the NSE. Unistone Capital is the sole book-running lead manager to the issue.
IPO fund deployment
Fresh issue money would be utilised for the working capital requirements and for the general corporate purposes.
About the company
Sunil Gold India Ltd was started in 2012 in Mumbai. Initially, it operated as a B2B (business-to-business) supplier, selling gold jewellery to other businesses such as jewellery shops rather than directly to customers. Later, the company expanded into Bengaluru by partnering with Ratnaakar Gold.
Sunil Gold India Ltd creates and supplies handmade gold jewellery, focusing on modern, heritage, and temple-style designs, along with other traditional jewellery styles.
In FY25, the company processed approximately 504.58 kilograms of gold and reported revenue of ₹521 crore, reflecting its growing scale of operations.
Sunil Gold India IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Sunil Gold India Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2023 | ₹242.10 | ₹237.26 | ₹3.61 |
| 2024 | ₹317.39 | ₹300.38 | ₹12.69 |
| 2025 | ₹522.55 | ₹481.99 | ₹30.20 |
| Sep 2025 | ₹439.10 | ₹376.41 | ₹45.86 |
Sunil Gold India IPO Valuation – FY2025
Sunil Gold India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.76 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 54.80% |
| Net Asset Value (NAV): | ₹6.86 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Shanti Gold International Ltd | 10.34 | 19.81 | 36.65% | 28.22 | 1,106.41 Cr. |
| Khazanchi Jewellers Ltd | 18.15 | 40.46 | 19.41% | 93.53 | 1,771.93 Cr. |
| Shringar House of Mangalsutra Ltd | 8.57 | 25.28 | 30.43% | 28.15 | 1,429.82 Cr. |
| RBZ Jewellers Limited | 9.70 | 13.95 | 15.83% | 61.26 | 530.15 Cr. |
| Sky Gold And Diamonds Limited | 9.52 | 32.17 | 19.40% | 48.67 | 3,548.02 Cr. |
Objects of the Issue
- Funding of the working capital requirements of the Company
- General corporate purposes
IPO Lead Managers aka Merchant Bankers
- Unistone Capital Pvt.Ltd.
