Shanti Gold International IPO Date, Review, Price, Allotment Details

Shanti Gold International IPO open date is July 25, 2025 and the IPO will close on July 29, 2025. Shanti Gold International IPO is a Book Built Issue. The company to raise around ₹360.11 crores via IPO that comprises fresh issue of ₹360.11 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Shanti Gold International IPO price band is ₹189 to ₹199 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Shanti Gold International IPO to list on BSE, NSE on August 1, 2025. The allotment of Shanti Gold International IPO date is July 30, 2025.

The company reported revenue of ₹1,112.47 crores in 2025 against ₹715.04 crores in 2024. The company reported profit of ₹55.84 crores in 2025 against profit of ₹26.87 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Shanti Gold International IPO Details

IPO Open Date:	July 25, 2025
IPO Close Date:	July 29, 2025
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹189 to ₹199 Per Share
Issue Size:	Approx ₹360.11 Crores
Fresh Issue:	Approx ₹360.11 Crores
Issue Type:	Book Built Issue
IPO Listing:	BSE & NSE
Retail Quota:	Not more than 35%
QIB Quota:	Not more than 50%
NII Quota:	Not more than 15%
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here
Anchor Investors List:	Click Here

Shanti Gold International IPO Market Lot

The Shanti Gold International IPO minimum market lot is 75 shares with ₹14,925 application amount. The retail investors can apply up-to 13 lots with 975 shares of ₹1,94,025 amount.

Application	Lot Size	Shares	Amount
Retail Minimum	1	75	₹14,925
Retail Maximum	13	975	₹1,94,025
S-HNI Minimum	14	1,050	₹2,08,950
B-HNI Minimum	68	5,100	₹10,14,900

Shanti Gold International IPO Dates

The Shanti Gold International IPO date is 25 July and the close date is 29 July. The Shanti Gold International IPO allotment will be finalized on 30 July and the IPO listing on 1 August.

IPO Open Date:	July 25, 2025
IPO Close Date:	July 29, 2025
Basis of Allotment:	July 30, 2025
Refunds:	July 31, 2025
Credit to Demat Account:	July 31, 2025
IPO Listing Date:	August 1, 2025

Promoters of Shanti Gold International IPO

The promoters of the company are Pankajkumar H Jagawat, Manojkumar N Jain and Shashank Bhawarlal Jagawat.

About Shanti Gold International IPO

Shanti-Gold is one of the leading companies in providing premium-quality 22kt CZ casting gold jewellery, and the company has large production capacity.

Shanti-Gold operates a fully integrated in-house manufacturing system, allowing it to maintain strict quality control and consistently meet customers’ expectations and standards.

Every stage of design, manufacturing, and packaging is handled internally, allowing them to craft jewellery that is customized to meet their clients’ individual preferences. A comprehensive jewellery design, Complete in-house manufacturing, and Experienced Promoters with execution capabilities are the competitive strengths of Shanti-Gold

Shanti Gold International IPO Company Financial Report

The company reported revenue of ₹1,112.47 crores in 2025 against ₹715.04 crores in 2024. The company reported profit of ₹55.84 crores in 2025 against profit of ₹26.87 crores in 2024.

Amount ₹ in Crores

Period Ended	Revenue	Expense	Profit After Tax	Assets
2022	₹430.13	₹421.74	₹3.30	₹214.41
2023	₹682.28	₹651.32	₹19.82	₹256.88
2024	₹715.04	₹679.21	₹26.87	₹325.40
2025	₹1,112.47	₹1,039.64	₹55.84	₹419.83

Shanti Gold International IPO Valuation – FY2025

Check Shanti Gold International IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI	Values
ROE:	44.85%
ROCE:	25.70%
EBITDA Margin:	8.83%
PAT Margin:	5.05%
Debt to equity ratio:	1.60
Earning Per Share (EPS):	₹10.34 (Basic)
Price/Earning P/E Ratio:	N/A
Return on Net Worth (RoNW):	44.85%
Net Asset Value (NAV):	₹28.22

Peer Group Comparison

Company	EPS	PE Ratio	RoNW %	NAV	Income
Utssav CZ Gold Limited	11.63	19.35	30.94	53.23	646.32 Cr.
RBZ Jewellers Limited	9.70	14.42	17.15	61.26	530.15 Cr.
Sky Gold Limited	9.52	34.53	28.59	46.61	3548.02 Cr.

Objects of the Issue

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 Review

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Shanti Gold International IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Managers aka Merchant Bankers

Choice Capital Advisors Pvt Ltd

Company Address

Shanti Gold International Ltd.
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: [email protected]
Website: https://shantigold.in/

Shanti Gold International IPO FAQs

What is Shanti Gold International IPO?

Shanti Gold International IPO is a Mainboard IPO. The company is going to raise ₹360.11 Crores via IPO. The issue is priced at ₹189 to ₹199 per equity share. The IPO is to be listed on BSE & NSE.

When Shanti Gold International IPO will open for subscription?

The IPO is to open on July 25, 2025 for QIB, NII, and Retail Investors. The IPO will close on July 29, 2025.

What is Shanti Gold International IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Shanti Gold International IPO?

You can apply for Shanti Gold International IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Shanti Gold International IPO Issue Size?

Shanti Gold International IPO issue size is ₹360.11 crores.

What is Shanti Gold International IPO Price Band?

Shanti Gold International IPO Price Band is ₹189 to ₹199.

What is Shanti Gold International IPO Lot Size?

The minimum bid is 75 Shares with ₹14,925 amount.

What is the Shanti Gold International IPO Allotment Date?

Shanti Gold International IPO allotment date is July 30, 2025.

What is the Shanti Gold International IPO Listing Date?

Shanti Gold International IPO listing date is August 1, 2025. The IPO is to list on BSE & NSE.

Note: The Shanti Gold International IPO price band and date are officially announced. The (Shanti Gold International IPO grey market premium) will be added to the IPO GMP page as it will start).

Vijay Prajapati

An experienced stock market professional with expertise in IPO research, market insights, and equity strategies. With a strong background in research and capital markets, he delivers comprehensive coverage on upcoming IPOs, subscription patterns, grey market premium (GMP), and post-listing performance, along with detailed reviews, recommendations, and technical analysis.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.