✅Get complete details about the Shanti Gold International IPO including IPO dates, price band, lot size, issue size, company background, GMP and allotment status updates.
📈 IPO Listing Details
| IPO Listing Date | 01 August 2025 (Friday) |
| ISIN | |
| NSE Symbol | |
| BSE Script Code | |
| Issue Price | ₹199 |
| Listing Price | [₹0] |
| Listing Gain/Loss (%) | [+0%] |
📈 Listing Day Trading Information
| Price | BSE | NSE |
|---|---|---|
| Share Allotment Price(Issue Price) | 199 | 199 |
| Open | 0 | 0 |
| High | 0 | 0 |
| Low | 0 | 0 |
| VWAP | 0 | 0 |
| Close | 0 | 0 |
📊 IPO Details
| IPO Type | Main Board |
|---|---|
| IPO Method | Book Building |
| IPO Open Date | 25 July 2025 (Friday) |
| IPO Close Date | 29 July 2025 (Tuesday) |
| IPO Listing Date | 01 August 2025 (Friday) |
| Price Band | ₹189 to ₹199 per share |
| Lot Size | 75 Shares |
| Face Value | 10 |
| Issue Size | ₹360.11 Crores (approx.) |
| Fresh Issue | ₹360.11 Crores (approx.) |
| Offer for Sale (OFS) | ₹Not Applicable |
| Listing Exchange | BSE, NSE (NSE is the designated stock exchange) |
🔔 IPO Timeline
⏳ Shanti Gold International IPO Subscription Status (Day-wise)
| Day | QIB | NII | RII | Employees | Total |
|---|---|---|---|---|---|
| Day 1 | .01× | 1.09x | 1.84× | x | 1.16× |
| Day 2 | 0.05x | 7.53x | 6.61x | x | 4.93x |
| Day 3 |
📋 Shanti Gold International IPO reservation table
| Investor Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
| Anchor Investors | 54,28,800 | 54,28,800 | 1x |
| Qualified Institutional Buyers (QIB) (Other than Anchor) | 36,19,200 | 1,75,575 | 0.05 |
| Non-Institutional Investors (NII) | 27,14,400 | 2,04,29,025 | 7.53 |
| Retail Individual Investors (RII) | 63,33,600 | 4,18,71,975 | 6.61 |
📦 Shanti Gold International IPO Lot Size
Table is Prepared at the upper end of the price band (₹199).
| Application | Lot Size | No. of Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
👤👥 Promoter Shareholding Table (Pre & Post Issue)
| Shareholder | Pre-Issue Holding (%) | Post-Issue Holding (%) |
|---|---|---|
| Promoters | 99.98% | 74.91% |
| Others (Public / Investors) | 0.02% | 25.09% |
| Total | 100% | 100% |
🏢 Company Overview
Shanti Gold International Limited was originally established as a partnership firm named M/s Shanti Gold in 2003. The firm was later reconstituted and converted into a public limited company under the name Shanti Gold International Limited on November 1, 2013. The company’s operations focus primarily on the trading, manufacturing, and export of gold jewellery, gold bars, and related precious metal products. Its registered office is located in Mumbai, Maharashtra, India. The promoters of the company are Pankajkumar H Jagawat, Manojkumar N Jain, and Shashank Bhawarlal Jagawat.
🎯 Objects of the Offer
- Funding capital expenditure requirements towards setting up Proposed Jaipur Facility.
- For working capital.
- Repayment of borrowings.
- General corporate purposes.
₹ Financial Snapshot (As of and For the Fiscal Ended on)
| Particulars | 31-Mar-2025 | 31-Mar-2024 | 31-Mar-2023 |
|---|---|---|---|
| Revenue (₹ Cr) | 1106.41 | 711.43 | 679.40 |
| Revenue (₹ Cr)(Including Other Income) | 1112.77 | 715.04 | 682.28 |
| Profit After Tax (₹ Cr) | 55.84 | 26.87 | 19.82 |
| Profit After Tax Margin (%)(On Total Revenue) | 5.05% | 3.78% | 2.92% |
| Earnings per share (in ₹) | 10.34 | 4.98 | 3.67 |
| Total Assets (₹ Cr) | 419.83 | 325.40 | 256.88 |
| Total Borrowings (₹ Cr) | 233 | 210.68 | 165.34 |
| Net Worth (₹ Cr) | 152.37 | 96.67 | 69.81 |
| NAV per equity share (in ₹) | 28.22 | 17.90 | 12.93 |
📈 Key Performance Indicators
| Particulars | FY2024-25 | FY2023-24 | FY2022-23 |
|---|---|---|---|
| EBITDA (₹ Cr) | 97.71 | 53.45 | 45.57 |
| EBITDA Margin (%) | 8.83% | 7.51% | 6.71% |
| Return on Net Worth (%) | 44.85% | 32.28% | 33.08% |
| Return on Capital Employed (RoCE %) | 25.70% | 17.97% | 19.36% |
| Debt Equity Ratio | 1.60 | 2.18 | 2.37 |
| Operating Cash Flows(₹ Cr) | (15.30) | (13.03) | (4.84) |
| Net Working Capital Days | 109 | 124 | 102 |
⚔️ Comparison with Listed Competitors
| Company Name | Closing Price (₹) as on July 15, 2025 | Revenue from Operations (FY24-25, ₹ in Cr) | Face Value (₹) | EPS (₹) | P/E Ratio (x) | RoNW (%) | NAV (₹) | EBITDA Margin (%) FY 25 | PAT Margin (%) | Debt/Equity |
|---|---|---|---|---|---|---|---|---|---|---|
| Shanti Gold International Ltd | Not applicable | 1106.41 | 10 | 10.34 | N/A | 44.85 | 28.22 | 8.83% | 5.05% | 1.60 |
| Utssav CZ Gold Ltd | 225 | 646.32 | 10 | 11.63 | 19.35 | 30.94 | 53.23 | 6.24% | 3.88% | 1.03 |
| RBZ Jewellers Ltd | 139.91 | 530.15 | 10 | 9.70 | 14.42 | 17.15 | 61.26 | 12.24% | 7.32% | .37 |
| Sky Gold Ltd | 326 | 3548.02 | 10 | 9.44 | 34.53 | 28.59 | 46.61 | 6.46% | 3.74% | .92 |
*EPS figures are as per respective company financials. P/E is based on closing prices as on July 15, 2025.Data is based on the latest available financials and may differ from actual market movements. Revenue is For the Financial Year 2024-2025.
🔍 Strengths & Risks
💪 Key Strengths
- Established presence and experience in the gold jewellery industry.
- Experienced promoters and a professional management team.
- Diverse product range including gold jewellery and gold bars.
- Strategically located operational facilities.
⚠️ Key Risks
- Fluctuations in gold prices may affect margins.
- Regulatory changes related to import/export duties and hallmarking requirements.
- Dependence on a limited number of suppliers for procurement.
- Exposure to foreign exchange rate fluctuations due to export operations.
- Intense competition within the domestic and international markets.
📞 Key Contacts for Shanti Gold International IPO
| 🏢 Company Contact Vrushti Parag Shah (Company Secretary & Compliance Officer) 📍 Globe Civil Projects Limited Plot No A-51, 2nd Floor to 7th Floor, MIDC, Marol Industrial Area, Road no.-1 Near Tunga International Hotel, Andheri (East), Chakala MIDC,Mumbai – 400093,Maharashtra, India 📞 +91 22 4824 9647 (413) 📧 cs@shantigold.in 🌐 www.shantigold.in | 🧾 Registrar to the Issue Bigshare Services Private Limited S62, 6th Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai – 400093 Maharashtra, India 📞 +91 22 6263 8200 📧 ipo@bigshareonline.com , investor@bigshareonline.com(Investor Grievances) 🌐 www.bigshareonline.com |
📘 Book Running Lead Managers (BRLMs)
| BRLM Full Name |
|---|
| Choice Capital Advisors Private Limited |
For full contact details including representatives, emails, and phone numbers, of BRLM’s please refer to the Red Herring Prospectus (RHP).
📂Important IPO Documents
- 📄 Red Herring Prospectus (RHP)
- 📄 Draft Red Herring Prospectus (DRHP)
- 📄 Anchor Investors Allocation Report.
- 📄 Basis of Allotment(Published After allotment)
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