Shanti Gold International IPO Subscription Status
Shanti Gold International IPO closed on 29 July 2025 with an overall subscription of 80.78x based on shares applied. QIB demand came in at 117.33x, NII at 151.17x, and retail at 29.67x.
Allotment will be finalised on 30 July 2025. The stock is scheduled to list on NSE and BSE on 1 August 2025.
Issue Price
Rs 199.00
GMP Today
Rs 34.00 (+17.09%)
Overall Subscription
80.78x
Issue Size
₹360.11 Cr
Allotment Date
30 Jul 2025
Listing Date
1 Aug 2025
Shanti Gold International IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 199.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 72.02 Cr | Rs 8,450.21 Cr | 117.33x |
| NII | Rs 54.02 Cr | Rs 8,165.49 Cr | 151.17x |
| sNII (Rs 2L to Rs 10L) | Rs 18.01 Cr | Rs 1,932.54 Cr | 107.33x |
| bNII (above Rs 10L) | Rs 36.01 Cr | Rs 6,232.96 Cr | 173.08x |
| Retail | Rs 126.04 Cr | Rs 3,739.05 Cr | 29.67x |
| Total | Rs 252.08 Cr | Rs 20,354.75 Cr | 80.75x |
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.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 36,19,200 | 42,46,33,800 | 117.33x |
| NII | 27,14,400 | 41,03,26,275 | 151.17x |
| sNII (Rs 2L to Rs 10L) | 9,04,800 | 9,71,12,400 | 107.33x |
| bNII (above Rs 10L) | 18,09,600 | 31,32,13,875 | 173.08x |
| Retail | 63,33,600 | 18,78,91,725 | 29.67x |
| Total | 1,26,67,200 | 1,02,28,51,800 | 80.75x |
What Do These Subscription Numbers Mean?
A subscription of 80.78x by shares means the IPO received bids for 81 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 117.33x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 117.33x, it reflects serious institutional conviction.
NII at 151.17x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 29.67x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Shanti Gold International IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 29.67x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 107.33x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 173.08x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Shanti Gold International IPO Allotment Status page from 30 July 2025 for your allotment result.
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 Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 25 Jul 2025 | 0.01x | 1.09x | 1.84x | 1.16x |
| Day 2 - 28 Jul 2025 | 0.05x | 7.53x | 6.61x | 4.93x |
| Day 3 - 29 Jul 2025 | 117.33x | 151.17x | 29.67x | 80.75x |
Shanti Gold International IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 25 July 2025 |
| IPO Close Date | 29 July 2025 |
| Allotment Date | 30 July 2025 |
| Refund Initiation | 31 July 2025 |
| Share Credit to Demat | 31 July 2025 |
| Listing Date | 1 August 2025 |
| Minimum Investment | Rs 14,925.00 |
| Lot Size | 75 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Shanti Gold International IPO GMP Today
Live GMP, listing price estimate, and listing gain
Shanti Gold International IPO Allotment Status
Check allotment result on allotment date
Shanti Gold International IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Shanti Gold International IPO Subscription FAQs
What is Shanti Gold International IPO IPO subscription status today?
Shanti Gold International IPO IPO subscription closed on 29 July 2025 with overall subscription of 80.78x (by shares) as of 27 June 2026, 3:01 AM IST. QIB 117.33x, NII 151.17x, Retail 29.67x.
What is the overall subscription of Shanti Gold International IPO IPO?
Shanti Gold International IPO 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 IPO QIB subscription?
Shanti Gold International IPO 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 IPO Retail subscription?
Shanti Gold International IPO IPO Retail subscription is 29.67x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Shanti Gold International IPO IPO NII subscription?
Shanti Gold International IPO IPO NII (Non-Institutional Investors) subscription is 151.17x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Shanti Gold International IPO IPO for retail?
Shanti Gold International IPO IPO retail share subscription is 29.67x. Application-wise data is needed for accurate lottery odds.
When is Shanti Gold International IPO IPO allotment date?
Shanti Gold International IPO 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 IPO subscription close?
Shanti Gold International IPO IPO subscription closed on 29 July 2025. No new applications are accepted after the close.
What is Shanti Gold International IPO IPO GMP today?
Shanti Gold International IPO 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 IPO issue price and lot size?
Shanti Gold International IPO 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 IPO listing date?
Shanti Gold International IPO 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 IPO allotment?
Allotment odds in Shanti Gold International IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.