SHANTIGOLD • ISIN: INE06ZD01017
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
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
Price Band
Min Investment
Lot Size
P/E Ratio
Issue Opens
25 Jul 2025
Issue Closes
29 Jul 2025
Allotment
30 Jul 2025
Listing
1 Aug 2025
Issue Type | BB |
Face Value | ₹10 |
Lead Managers | Choice Capital Advisors Pvt Ltd |
Min Quantity | 75 |
Max Quantity | 2,512 |
Company Promoters | Pankajkumar H Jagawat Manojkumar N Jain Shashank Bhawarlal Jagawat |
Website | |
Phone | + 91 22 4824 964 |
Address | Shanti Gold International Ltd. |