Shanti Gold International IPO Opens July 25, 2025 - Price, GMP, Dates & Review
Shanti Gold International IPO is set to open on Friday, July 25, 2025! This exciting new IPO is a 100% Fresh Issue, offering 18,096,000 Equity Shares of face value ₹10 each, with a price band of ₹189 - ₹199 per share (expected). The total issue size is expected to be ₹360.11 crore at the upper price band.
If you are interested in the jewellery sector, this is your chance to potentially invest in a leading manufacturer of high-quality 22kt CZ casting gold jewellery.
As of now, the Grey Market Premium (GMP) for Shanti Gold International IPO is ₹26, indicating a positive market sentiment.
Current Grey Market Premium (GMP) Snapshot:
| Date | IPO Price | GMP | Expected Listing Price |
|---|---|---|---|
| July 18, 2025 | ₹189 - ₹199 | ₹26.00 | ₹225 (Approx. 13.07%) |
Shanti Gold International : Key IPO Dates
The allotment for Shanti Gold International IPO is expected to be finalized on Wednesday, July 30, 2025.
Here are the key dates for this IPO:
| Event | Date |
|---|---|
| IPO Open Date | Friday, July 25, 2025 |
| IPO Close Date | Tuesday, July 29, 2025 |
| Anchor Investor Bidding Date | Thursday, July 24, 2025 |
| Finalisation of Basis of Allotment | Wednesday, July 30, 2025 |
| Initiation of Refunds | Thursday, July 31, 2025 |
| Credit of Shares to Demat | Thursday, July 31, 2025 |
| Listing Date | Friday, August 01, 2025 |
| UPI Mandate End Time | 5:00 p.m. on July 29, 2025 |
Understanding the Buzz: Shanti Gold International IPO GMP
The Grey Market Premium (GMP) offers a sneak peek into investor sentiment even before the shares hit the market. A robust GMP, especially at 12% or above, often signals strong investor interest and can lead to oversubscription. While Shanti Gold International IPO GMP is currently quoting at ₹26, the real excitement will build from the first day of subscription! The live GMP status will definitely influence investor decisions, and we're anticipating initial ticks around the 12% premium or higher.
Shanti Gold International IPO: Price Band & Lot Size
The official price band for Shanti Gold International IPO is ₹189 - ₹199 per share (expected).
Here's what we know so far:
- Face Value: ₹10 per share
- IPO Price Band: ₹189-₹199 per share (expected)
- IPO Lot Size: Yet to be announced.
Retail investors are expected to have a minimum investment of around ₹14,700. For Non-Institutional Investors (NIIs), the minimum investment for small HNI is expected to be around ₹209,200, and for large HNI, it's around ₹1,001,516.
How to Check Your Allotment Status
Once the IPO subscription closes, you'll be able to check your allotment status on Wednesday, July 30, 2025. The shares are proposed to be listed on both BSE and NSE.
The official registrar for this IPO is Bigshare Services Private Limited. You can typically check your allotment status by visiting their website after the allotment date and entering your PAN number or application ID.
About Shanti Gold International Limited
Established in 2003 as a partnership firm and converted into a public limited company in 2013, Shanti Gold International Limited is a prominent manufacturer of high-quality 22kt CZ casting gold jewellery. They specialize in designing and producing a wide array of gold jewellery, including bangles, rings, necklaces, and complete sets for various occasions.
The company prides itself on its craftsmanship, innovative designs, and robust in-house manufacturing capabilities, ensuring stringent quality control with all products being BIS hallmarked. With an existing manufacturing facility in Mumbai, the company is set to expand further by establishing a new manufacturing facility in Jaipur to cater to growing demand and introduce a new line of machine-made plain gold jewellery.
Shanti Gold International serves a vast network of customers across 15 states and 2 union territories in India, and internationally in four countries abroad, including the USA, UAE, Singapore, and Qatar.
Shanti Gold International IPO Objectives
The funds raised from the Shanti Gold International IPO will be used for:
- Funding capital expenditure requirements towards setting up of the Proposed Jaipur Facility.
- Funding incremental working capital requirements of the company.
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company.
- General corporate purposes.
IPO Reservation Details:
The IPO allocation is structured as follows:
- Qualified Institutional Buyers (QIBs): Not more than 50% of the Issue size.
- Non-Institutional Investors (NIIs): Not less than 15% of the Issue.
- Retail Individual Investors (RIIs): Not less than 35% of the Issue.
Shanti Gold International IPO Promoter Holdings
Shanti Gold International India IPO promoters are Pankajkumar H Jagawat, Manojkumar N Jain, and Shashank Bhawarlal Jagawat. The promoters' shareholdings before the IPO were 99.96%; however, after the IPO, shareholdings will decline.
Registrar & Lead Managers
- IPO Registrar: Bigshare Services Private Limited.
- Lead Managers: Choice Capital Advisors Private Limited.
How to Apply for Shanti Gold International IPO
Interested investors can apply to the Shanti Gold International IPO directly from their trading app (Groww, Zerodha, Kotak Neo, Angel One etc.).
Shanti Gold International IPO Review
Shanti Gold International IPO appears to be a promising opportunity, especially for investors keen on the jewelry sector. The company's strong foundation in 22kt CZ casting gold jewellery, coupled with its expansion plans into machine-made plain gold jewellery and new geographies, positions it for potential growth. The anticipated positive response and oversubscription could lead to a favorable listing. However, as with any investment, it's always wise to conduct your own due diligence.
Frequently Asked Questions (FAQ)
1. What are the key details of the Shanti Gold International IPO?
Shanti Gold International IPO is a book-built issue of Fresh Issue of up to 18,096,000 equity shares, with a price band of ₹189-₹199 per share (expected) and a total issue size of ₹360.11 crore (expected).
2. When will the Shanti Gold International IPO open and close?
Shanti Gold International IPO open date is Friday, July 25, 2025 and closes on Tuesday, July 29, 2025.
3. What is the Grey Market Premium (GMP) for Shanti Gold International IPO?
As of July 18, 2025, the GMP for Shanti Gold International IPO is ₹26.
4. What are the subscription status details for Shanti Gold International IPO?
Shanti Gold International IPO subscription status will be available after the IPO opens. In the QIB category not more than 50% of the net offer is reserved. The remaining not less than 35% is reserved for the retail investors and not less than 15% is for Non-Institutional investors.
5. How can I check the Shanti Gold International IPO allotment status?
Shanti Gold International IPO allotment status is expected to be finalized on Wednesday, July 30, 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
6. Who is the registrar and lead managers for Shanti Gold International IPO?
Shanti Gold International IPO registrar is Bigshare Services Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Choice Capital Advisors Private Limited.