Shanti Gold International Ltd

Shanti Gold International Ltd IPO

Shanti Gold International Ltd IPO Price Range is ₹189 - 199, with a minimum investment of ₹14,925 for 75 shares per lot.

Subscription Rate

81.17x

as on 29 Jul 2025, 11:51PM IST

Minimum Investment

₹14,925

/ 75 shares

IPO Status

Closed

Price Band

₹189 - 199

Bidding Dates

Jul 25, 2025 - Jul 29, 2025

Issue Size

₹360.11 Cr

Lot Size

75 shares

Min Investment

₹14,925

Listing Exchange

NSE

Shanti Gold International Ltd IPO Application Timeline

passed
Open Date25 Jul 2025
passed
Close Date29 Jul 2025
passed
Allotment Date30 Jul 2025
passed
Listing Date1 Aug 2025

IPO Subscription Status

as on 29 Jul 2025, 11:51PM IST

IPO subscribed over

🚀 81.17x

This IPO has been subscribed by 30.374x in the retail category and 117.328x in the QIB category.

Subscription Rate

Total Subscription81.17x
Retail Individual Investors30.374x
Qualified Institutional Buyers117.328x
Non Institutional Investors151.484x

Strengths and Risks

Strengths

Strengths

  • Wide range of jewellery designs driven by 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.


Risks

Risks

  • The company depends on the success of its relationships with its customers and the company does not have long term contracts with them. Any loss of one or more of its top customers, or the deterioration of their financial condition or prospects, or a reduction in their demand for its products, could adversely affect the company business, results of operations, financial condition and cash flows.

  • A significant portion of its business operations and revenue generation is concentrated in the Southern India. This regional concentration could expose the Company to economic, cultural, geopolitical and local market risks.

  • Its business is highly concentrated on the sale of 22kt CZ jewellery and is vulnerable to variations in demand and changes in consumer preference, which could have an adverse effect on its business, results of operations and financial condition.

  • The company dependence on gold may expose it to market and demand fluctuations. Further, the non-availability or high cost of quality gold, may have an adverse effect on its business, results of operations, financial condition and prospects.

  • The company income and sales are subject to seasonal fluctuations and lower income in a peak season may have a disproportionate effect on its results of operations.

  • The Company has experienced negative net cash flow from operating activities in the past three Fiscals and six months period ended September 30, 2024 and may continue to do so in future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.

  • Its business is dependent on the companys manufacturing capabilities at its Andheri Manufacturing Facility. Unplanned slowdowns, unscheduled shutdowns or prolonged disruptions in its manufacturing operations and an inability to effectively utilize the company production capacity could have an adverse effect on its business, results of operations, cash flows and financial condition.

  • The company intend to further expand its operations through setting up the Proposed Jaipur Facility and such expansion will be subject to the risks of unanticipated delays in implementation and cost overruns.

  • The nature of its business requires the company to maintain sufficient inventories resulting into high inventory costs. If its unable to maintain an optimal level of inventory, including due to changes in consumer demands, the company business, results of operations and financial condition may be adversely affected.

  • Its business and the demand for the company product is reliant on the success of its customers products with end consumers, and any decline in the demand for the end-products could have an adverse impact on its business, results of operations, cash flows and financial condition.

How to Apply for Shanti Gold International Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Shanti Gold International Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Shanti Gold International Ltd

The Company is one of the leading manufacturers of high-quality 22kt CZ casting gold jewellery, in terms of installed production capacity, specializing in the design and production of all types of gold jewellery. The Company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.

Frequently Asked Questions of Shanti Gold International Ltd IPO

What is the size of the Shanti Gold International Ltd IPO?

The size of the Shanti Gold International Ltd IPO is ₹360.11 Cr.

What is the allotment date of the Shanti Gold International Ltd IPO?

Shanti Gold International Ltd IPO allotment date is Jul 30, 2025 (tentative).

What are the open and close dates of the Shanti Gold International Ltd IPO?

The Shanti Gold International Ltd IPO will open on Jul 25, 2025 and close on Jul 29, 2025

What is the lot size of Shanti Gold International Ltd IPO?

The lot size for the Shanti Gold International Ltd IPO is 75.

When will my Shanti Gold International Ltd IPO order be placed?

Your Shanti Gold International Ltd IPO order will be placed on Jul 25, 2025

Can we invest in Shanti Gold International Ltd IPO?

Yes, once Shanti Gold International Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Shanti Gold International Ltd IPO?

The potential listing gains on the Shanti Gold International Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Shanti Gold International Ltd IPO?

'Pre-apply' for Shanti Gold International Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.