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Shanti Gold International Limited IPO logo

Shanti Gold International Limited IPO

BBMainboardBSE, NSEListed
Listed at
227.55
+14.35%

Shanti Gold International Limited IPO is a Mainboard book building IPO. Price band is ₹199 per share. Minimum investment is ₹14,925. Lot size is 75 shares. Open from 25 Jul 2025 to 29 Jul 2025. Allotment on 30 Jul 2025. Listing on 1 Aug 2025 at BSE, NSE. Managed by Choice Capital Advisors Pvt Ltd. Registrar: Bigshare Services Pvt Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.

Official documents: RHP and DRHP.

Shanti Gold International Limited IPO overview

Shanti Gold International Limited IPO Key figures

Price band, lot, minimum application, and issue window at a glance.

Price band
₹199
Lot size
75 shares / lot
Min investment
₹14,925
Issue open – close
25 Jul 2025 → 29 Jul 2025

Shanti Gold International Limited IPO important dates

Issue Opens
25 Jul 2025
Issue Closes
29 Jul 2025
Allotment
30 Jul 2025
Listing
1 Aug 2025

Shanti Gold International Limited IPO lot size

CategoryLotsSharesAmount
Retail (Min)17514,925
Retail (Max)139751,94,025
S-HNI (Min)141,0502,08,950
S-HNI (UPI)332,4754,92,525
S-HNI (Max)675,0259,99,975
B-HNI (Min)685,10010,14,900

About Shanti Gold International Limited IPO

From the company / RHP narrative.

Incorporated in 2003, Shanti Gold International Limited is engaged in the business of manufacturing gold jewellery. The company manufactures high-quality 22kt CZ casting gold jewellery, specialising in design and production.

The company offers a wide range of high-quality, intricately designed jewelry, including bangles, rings, necklaces, and sets, suitable for special occasions, weddings, festive events, and daily wear at various price points.

The company has an in-house manufacturing setup for design, production, and packaging, ensuring quality control. It uses advanced machines and outsourced labour for tasks like manual stone setting, ensuring precision and craftsmanship.

The company has a 13,448.86 square feet manufacturing facility in Andheri East, Mumbai, and has an annual production capacity of 2,700 kg, enabling precise and efficient jewelry production.

The company team of 80 computer-aided design technology (CAD) designers creates over 400 gemstone-studded CZ gold designs monthly, using advanced CAD technology to craft intricate pieces.

The company has established long-term relationships with several jewelry businesses, including corporate brands like Joyalukkas, Lalitha Jewellery, Alukkas Enterprises, Vysyaraju Jewellers, and Shree Kalptaru Jewellers, among others.

The company began operations in 2003 and has expanded to 15 states and one union territory by May 31, 2025, with branches in major cities like Mumbai, Bangalore, Chennai, and Hyderabad.

Product portfolio:

The company offers a variety of intricately designed jewellery, including bangles, rings, necklaces, and complete sets. It caters to different price ranges, providing jewellery for special occasions like weddings, as well as for festive and daily wear.

As of May 31, 2025, we had a total of 222 employees on our payroll and 100 contract labourers.

Competitive Strengths:


Wide range of jewelry designs driven by a team of experts
Complete in-house manufacturing: Ensuring quality at every step
Experienced Promoters with execution capabilities
Financially stable business model
Established relations with corporate and jewellery businesses

Objective of the issue

How the issuer plans to use IPO proceeds.

Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility

Funding working capital requirements of our Company

Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company

General corporate purposes
Shanti Gold International Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.

Documents & links

Prospectus, draft filings, and company site open in a new tab.

Registrar

Details about the registrar of the issue.

Registrar Name
Bigshare Services Pvt Ltd
Phone
2262638200
Address
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Issue details

Key details about the issue, including the face value, lot size, and minimum investment.

Issue Type
BB
Face Value
10
Lead Managers
Choice Capital Advisors Pvt Ltd
Min Quantity
75
Company Promoters
Pankajkumar H Jagawat,Manojkumar N Jain,Shashank Bhawarlal Jagawat
Phone
+ 91 22 4824 964
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

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