shanti gold international limited

shanti gold international limited

SHANTIGOLD • ISIN: INE06ZD01017

BSE, NSE

Listing Price: ₹227.55

+14.35% Gain
About Company

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

Investment Objective

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

₹199

Price Band

14.9K

Min Investment

75 shares

Lot Size

25.69x

P/E Ratio

Important Dates

Issue Opens

25 Jul 2025

Issue Closes

29 Jul 2025

Allotment

30 Jul 2025

Listing

1 Aug 2025

Financial Performance
Offer Documents
RHP
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Issue Details
Issue TypeBB
Face Value₹10
Lead ManagersChoice Capital Advisors Pvt Ltd
Min Quantity75
Max Quantity2,512
Company Promoters
Pankajkumar H Jagawat
Manojkumar N Jain
Shashank Bhawarlal Jagawat
Website

https://shantigold.in/

Email

cs@shantigold.in

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