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Open
25 Jul 2025
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Close
29 Jul 2025
3
Allotment
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Listing
Fri, Aug 1, 2025
Price Band
₹189 to ₹199
Issue Size
1,80,96,000 shares (agg. up to ₹360 Cr)
Lot Size
75 Shares
Listing Date
Fri, Aug 1, 2025
Latest GMP
₹34
Est. Gain
17.09%
✦ AI Insight
GMP Trend
01-08-2025₹34Est. ₹233+17.09%
31-07-2025₹34Est. ₹233+17.09%
30-07-2025₹38Est. ₹237+19.1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 57.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 419.83 | 325.40 | 256.88 |
| Total Income | 1,112.47 | 715.04 | 682.28 |
| Profit After Tax | 55.84 | 26.87 | 19.82 |
| EBITDA | 97.71 | 53.45 | 45.57 |
| NET Worth | 152.37 | 96.67 | 69.81 |
| Total Borrowing | 233.00 | 210.68 | 165.34 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| P N Gadgil Jewellers Ltd. | Mainboard | ₹1,100.00 Cr | ₹480 | 36.7 | ₹793.30 | +65.27% | ₹595.05 (-0.25%) |
| Pushpa Jewellers Ltd. | SME | ₹98.65 Cr | ₹147 | 12.44 | ₹117.60 | -20.00% | ₹118.05 (-0.13%) |
| AJC Jewel Manufacturers Ltd. | SME | ₹15.39 Cr | ₹95 | 12.73 | ₹95.39 | +0.41% | ₹105.33 (+4.99%) |
| Manoj Jewellers Ltd. | SME | ₹16.20 Cr | ₹54 | 9.97 | ₹53.77 | -0.43% | ₹31.80 (-3.64%) |
| Kenrik Industries Ltd. | SME | ₹8.75 Cr | ₹25 | 20.74 | ₹26.26 | +5.04% | ₹7.87 (+4.93%) |
| Retaggio Industries Ltd. | SME | ₹15.50 Cr | ₹25 | 7.01 | ₹25.20 | +0.80% | ₹50.87 (+4.99%) |
| Divine Hira Jewellers Ltd. | SME | ₹31.84 Cr | ₹90 | null | ₹85.50 | -5.00% | ₹112.40 (-0.44%) |
| Kabra Jewels Ltd. | SME | ₹40.00 Cr | ₹128 | 10.03 | ₹255.35 | +99.49% | ₹105.00 (+0.96%) |
| Utssav CZ Gold Jewels Ltd. | SME | ₹69.50 Cr | ₹110 | 26.92 | ₹115.55 | +5.05% | ₹551.15 (+4.83%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility | 46.30 |
| 2 | Funding working capital requirements of the Company | 200.00 |
| 3 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by Company | 17.00 |
| 4 | General Corporate Purposes | 46.01 |
| 5 | Issue Expenses | 50.80 |
| Total | 360.11 |
About Shanti Gold International IPO
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
Contact Details
Shanti Gold International Ltd. AddressPlot No A-51, 2nd Floor to 7th Floor, MIDCMarol Industrial Area, Road no.-1Near Tunga International HotelMumbai, Maharashtra, 400093+ 91 22 4824 964cs@shantigold.inVisit Website