Shanti Gold International IPO: Price band, key dates, financials, and more..
- Krishna Priya
- 5 days ago
- 2 min read
Updated: 3 days ago
The IPO is priced in the range of ₹189 to ₹199 per share, with a minimum application size of 75 shares, requiring an investment of approximately ₹14,925 for retail investors.
IPO Snapshot
Total Issue Size: | ₹360.11 Cr |
Fresh Issue: | ₹360.11 Cr |
Offer for Sale: | – |
Face Value: | ₹10 |
Price Band: | ₹189 to ₹199 |
Lot Size: | 75 shares |
Minimum Investment: | ₹14,175 |
Listing: | BSE, NSE |
Anchor Investors: | 24 July, 2025 (Expected) |
Opens: | 25 July, 2025 |
Closes: | 29 July, 2025 |
Incorporated in 2003, Shanti Gold International Ltd is a Mumbai-based gold jewellery manufacturer specialising in high-quality 22kt CZ casting jewellery. With a state-of-the-art 13,448 sq. ft. facility in Andheri East and a production capacity of 2,700 kg annually, the company combines in-house design, production, and packaging to maintain stringent quality standards. Backed by a team of 80 CAD designers creating over 400 designs monthly, Shanti Gold serves a wide clientele, including major brands like Joyalukkas and Lalitha Jewellery across 15 states and a union territory.
Financial Performance
Period Ended | Revenue (Sales) | Profit After Tax (PAT) |
31 Mar 2025 | ₹1,106.41 Cr | ₹55.84 Cr |
31 Mar 2024 | ₹711.43 Cr | ₹26.87 Cr |
31 Mar 2023 | ₹679.40 Cr | ₹19.82 Cr |
Grey Market Premium: As of now, GMP activity for Shanti Gold International Ltd. has not yet commenced.
Peer Comparison
Name | CMP ₹ | Market Cap ₹ Cr | P/E | Sales ₹ Cr | OPM % | PAT ₹ Cr |
Shanti Gold International | 1,106.41 | ₹55.84 | ||||
Utssav CZ Gold | 225.00 | 535.91 | 21.39 | 646.32 | 6.03 | 25.06 |
RBZ Jewellers Ltd | 142.45 | 569.80 | 14.66 | 530.15 | 12.13 | 38.80 |
Sky Gold & Diamond | 332.30 | 4,874.82 | 36.69 | 3,548.02 | 5.53 | 132.66 |
Use of Proceeds Shanti Gold International Ltd intends to utilize the IPO proceeds primarily to fund its growth and strengthen its financial position. Around ₹200 crore will be allocated towards meeting the working capital requirements of the company. ₹46.30 crore is earmarked for capital expenditure to establish a proposed manufacturing facility in Jaipur, signalling capacity expansion. Additionally, ₹17 crore will be used for partial or full repayment of certain borrowings, aiding in deleveraging the balance sheet. The remaining funds will be directed towards general corporate purposes.
Disclaimer: This content is for educational purposes only; please conduct your own research and consult with a qualified investment advisor before making any investment decisions.
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