IPO - Initial Public Offerings

 SHANTIGOLD

  

SHANTI GOLD INTERNATIONAL LTD. IPO

25 Jul, 10:00 AM

Issue Open

29 Jul, 05:00 PM

Issue Close

75

Lot Size

₹ 189.00 – ₹ 199.00

Price Range

IPO Issue Details

Issue size 360.11 Cr
Market Price 199.00
Registrar Bigshare Services Pvt Ltd
Face Value RS.10 /- Per share
Listing at NSE BSE

About

SHANTI GOLD INTERNATIONAL LTD. IPO
Incorporated in 2003, Shanti Gold International Limited is engaged in the business of manufacturing gold jewelry. The company manufactures high-quality 22kt CZ casting gold jewelry, specializing 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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 75 ₹ 14,925.00
Retail (Max) 13 975 ₹ 1,94,025.00
S-HNI (Min) 14 1050 ₹ 2,08,950.00
S-HNI (Max) 67 5025 ₹ 9,99,975.00
B-HNI (Min) 68 5100 ₹ 10,14,900.00

IPO TimeLine

Open Date 25-Jul-2025
Close Date 29-Jul-2025
Basis of Allotment Date 30-Jul-2025
Initiation of Refunds 31-Jul-2025
Credit Shares to Demat A/c 31-Jul-2025
IPO Listing Date 01-Aug-2025