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Shanti Gold International IPO Subscription

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Updated 1 August 2025, 9:15 AM IST· Mainboard

Shanti Gold International IPO subscription closed on 29 July 2025 at 80.78x overall by shares. QIB demand came in at 117.33x, NII at 151.17x, and retail at 29.67x. See Retail, SHNI, and BHNI allotment chances in the…

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Allotment date is 30 July 2025. Listing date on NSE and BSE is 1 August 2025.

Issue Price
Rs 199.00
GMP Today
Rs 34.00 (+17.09%)
Overall Sub
80.78x
Issue Size
₹360.11 Cr
Allotment
30 Jul 2025
Listing
1 Aug 2025

Shanti Gold International IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 25 Jul 20250.01x1.09x1.84x1.16x
Day 2 - 28 Jul 20250.05x7.53x6.61x4.93x
Day 3 - 29 Jul 2025117.33x151.17x29.67x80.75x

Shanti Gold International IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Shanti Gold International IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail29.67x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)107.33x (shares)Updating soon
BHNI (above Rs 10L)173.08x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Shanti Gold International IPO Allotment Status page from 30 July 2025 for your result.

Shanti Gold International IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 199.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 72.02 CrRs 8,450.21 Cr117.33x
NIIRs 54.02 CrRs 8,165.49 Cr151.17x
sNII (Rs 2L to Rs 10L)Rs 18.01 CrRs 1,932.54 Cr107.33x
bNII (above Rs 10L)Rs 36.01 CrRs 6,232.96 Cr173.08x
RetailRs 126.04 CrRs 3,739.05 Cr29.67x
TotalRs 252.08 CrRs 20,354.75 Cr80.75x

Shanti Gold International IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB36,19,20042,46,33,800117.33x
NII27,14,40041,03,26,275151.17x
sNII (Rs 2L to Rs 10L)9,04,8009,71,12,400107.33x
bNII (above Rs 10L)18,09,60031,32,13,875173.08x
Retail63,33,60018,78,91,72529.67x
Total1,26,67,2001,02,28,51,80080.75x

What Do These Subscription Numbers Mean?

80.78x overall by shares means bids covered about 81 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 117.33x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (151.17x by shares). SHNI and BHNI allotment is by lottery.

Retail at 29.67x by shares. Exact lottery chances need application data.

Shanti Gold International IPO GMP After Subscription

GMP for Shanti Gold International IPO stands at Rs 34.00 today, giving an estimated listing price of Rs 233.00 per share.

A subscription of 80.78x combined with a GMP of 17.09% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Shanti Gold International IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Shanti Gold International IPO Key Dates

EventDate
IPO Open Date25 July 2025
IPO Close Date29 July 2025
Allotment Date30 July 2025
Refund Initiation31 July 2025
Share Credit to Demat31 July 2025
Listing Date1 August 2025
Minimum InvestmentRs 14,925.00
Lot Size75 shares

About Shanti Gold International IPO

Shanti Gold International Limited, incorporated in 2013 (initially a partnership firm since 2003), is a prominent manufacturer of high-quality 22kt gold jewellery, primarily focusing on CZ (Cubic Zirconia) casting gold jewellery. The company offers a diverse range of gold jewellery items, including bangles, rings, necklaces, and bridal sets, suitable for various occasions such as weddings, festivals, and daily wear. Their jewellery often features world's finest stones like Emerald, Jade, Pearl, and Meena.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Shanti Gold International IPO Subscription FAQs

What is Shanti Gold International IPO subscription status today?

Shanti Gold International IPO subscription closed on 29 July 2025 with overall subscription of 80.78x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 117.33x, NII 151.17x, Retail 29.67x.

What is the overall subscription of Shanti Gold International IPO?

Shanti Gold International IPO is subscribed 80.78x overall by shares at close on 29 July 2025. QIB 117.33x, NII 151.17x, and Retail 29.67x.

What is Shanti Gold International IPO QIB subscription?

Shanti Gold International IPO QIB (Qualified Institutional Buyers) subscription is 117.33x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Shanti Gold International IPO Retail subscription?

Shanti Gold International IPO Retail subscription is 29.67x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Shanti Gold International IPO NII, SHNI, and BHNI subscription?

Shanti Gold International IPO NII subscription is 151.17x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Shanti Gold International IPO retail allotment chances?

Shanti Gold International IPO retail share subscription is 29.67x. Application data is needed for exact lottery chances.

What are Shanti Gold International IPO SHNI allotment chances?

Shanti Gold International IPO SHNI share subscription is 107.33x. Application data is needed for exact lottery chances.

What are Shanti Gold International IPO BHNI allotment chances?

Shanti Gold International IPO BHNI share subscription is 173.08x. Application data is needed for exact lottery chances.

When is Shanti Gold International IPO allotment date?

Shanti Gold International IPO allotment date is 30 July 2025. Check Shanti Gold International IPO Allotment Status on IPOwiz from that day using your PAN.

When does Shanti Gold International IPO subscription close?

Shanti Gold International IPO subscription closed on 29 July 2025. No new applications are accepted after the close.

What is Shanti Gold International IPO GMP today?

Shanti Gold International IPO GMP is ₹34 today (+17.09% over issue price ₹199). See live GMP on the Shanti Gold International IPO GMP Today page.

What is Shanti Gold International IPO issue price and lot size?

Shanti Gold International IPO issue price is ₹199 per share. Lot size is 75 shares. Minimum investment is ₹14,925 per lot. Issue size: ₹360.11 Cr.

When is Shanti Gold International IPO listing date?

Shanti Gold International IPO listing date is 1 August 2025 on NSE and BSE. Allotment is on 30 July 2025.

How does subscription affect Shanti Gold International IPO allotment?

In Shanti Gold International IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 80.78x overall, competition is very high.

For allotment results from 30 July 2025, visit the Shanti Gold International IPO Allotment Status page. For listing day updates on 1 August 2025, download the IPOwiz App.

Sources

We match Shanti Gold International IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.