Shanti Gold International IPO: Key Details
Shanti Gold International Ltd., a prominent name in the manufacturing of high-quality 22kt CZ casting gold jewellery, is set to launch its Initial Public Offering (IPO) on July 25, 2025. This book-building issue, aggregating up to ₹360.11 crores, presents an opportunity for investors to participate in the growth story of a company with a strong manufacturing base and a diverse product portfolio.
The IPO will be open for subscription from July 25, 2025, to July 29, 2025. The company has fixed the issue price band at ₹189 to ₹199 per share, with a face value of ₹10 per share. Investors can bid for a minimum of 75 shares, The issue is entirely a fresh issue of 1.81 crore shares.
Key Details of the Shanti Gold International IPO:
*Shanti Gold International IPO Open Date: Friday, July 25, 2025
* Shanti Gold International IPO Close Date: Tuesday, July 29, 2025
* Price Band: ₹189 to ₹199 per share
* Face Value: ₹10 per share
* Lot Size: 75 Shares
* Total Issue Size: Aggregating up to ₹360.11 Cr
* Listing At: BSE, NSE
* Tentative Allotment Date: Wednesday, July 30, 2025
* Tentative Listing Date: Friday, August 1, 2025
About Shanti Gold International Ltd.:
Incorporated in 2003, Shanti Gold International Limited is engaged in the business of manufacturing gold jewellery, specializing in design and production. The company boasts an in-house manufacturing facility in Andheri East, Mumbai, spanning 13,448.86 square feet, with an impressive annual production capacity of 2,700 kg. Their product range includes intricately designed bangles, rings, necklaces, and sets, catering to various occasions and price points.
Shanti Gold International Ltd. Financial Performance:
Shanti Gold International Ltd. has demonstrated robust financial growth. Between the financial years ending March 31, 2024, and March 31, 2025, the company’s revenue increased by 56%, and profit after tax (PAT) saw a significant rise of 108%.
| Financial Metric (₹ in Crore) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 419.83 | 325.40 | 256.88 |
| Revenue | 1,112.47 | 715.04 | 682.28 |
| Profit After Tax | 55.84 | 26.87 | 19.82 |
| EBITDA | 97.71 | 53.45 | 45.57 |
| Net Worth | 152.37 | 96.67 | 69.81 |
| Total Borrowing | 233.00 | 210.68 | 165.34 |
(All amounts are in ₹ Crore)
Objects of the Shanti Gold International IPO:
The net proceeds from the IPO are proposed to be utilized for:
* Funding of capital expenditure requirements towards setting up of the proposed Jaipur facility (₹46.30 Cr).
* Funding working capital requirements of the company (₹200.00 Cr).
* Repayment and/or pre-payment, in full or part, of certain borrowings (₹17.00 Cr).
* General corporate purposes.
Promoter Holding:
The promoters of Shanti Gold International Ltd. are Pankajkumar H Jagawat, Manojkumar N Jain, and Shashank Bhawarlal Jagawat. Their pre-issue shareholding stands at 99.99%.
Shanti Gold International IPO Important Information:
* Book-running Lead Manager: Choice Capital Advisors Pvt Ltd
* Company Email: cs@shantigold.in
* Shanti Gold International IPO Registrar: (Bigshare Services Pvt Ltd):
* Email: ipo@bigshareonline.com
Advisory:
Potential investors are advised to carefully review the Draft Red Herring Prospectus (DRHP) & Red Hearing Prospectus (RHP) for detailed information about the company, its business, financial performance, risks, and the terms of the IPO before making any investment decisions. Investment in equity and equity-related instruments involves a degree of risk. Please consult with a financial advisor to assess if this IPO aligns with your investment goals and risk appetite.