Shanti Gold International IPO Subscribed 4.93x on Day 2

Shanti Gold International IPO subscribed over 4.93x on its second day of subscription, wherein QIB subscribed 0.05x, NII subscribed 7.53x, and RII subscribed 6.61x.

Table of Contents

Shanti Gold International IPO subscription started on Friday, July 25, 2025, and will close on July 29, 2025, as per the schedule. The price band is set at ₹189 to ₹199 per share with a face value of ₹10. 

Shanti Gold International IPO Subscription Status 

Shanti Gold International IPO subscribed over 4.93x on its second day till 5.00 PM on July 28, 2025. 

  • Shanti Gold International IPO subscription QIB investors’ portion is 0.05 times, while NII subscribed 7.53 times and RII investors subscribed 6.61 times. 
  • The company has received bids for 6,24,91,650 shares against 1,26,67,200 shares on offer on the second day of subscription. 
  • Shanti Gold International IPO subscribed over 4.93x on its day 2. 
  • Shanti Gold International IPO subscribed over 1.16x on its day 1. 

About Shanti Gold International Company

Shanti-Gold is one of the leading companies in providing premium-quality 22kt CZ casting gold jewellery, and the company has a 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 Financial Report

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

Shanti Gold International IPO GMP: 

Shanti Gold International IPO GMP was ₹39 as of Monday, 28th July 2025. That indicates the IPO is trading at ₹238 with a ₹39 premium in the grey market against the issue price of ₹199.

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.