Shanti Gold International IPO to Open on July 25; Check Price Band, Lot Size and More

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Posted July 24, 2025

 Shanti Gold International IPO to Open on July 25; Check Price Band, Lot Size and More


 Introduction

Ready to invest in a shiny opportunity? ????
Shanti Gold International, a renowned manufacturer of 22kt CZ casting gold jewellery, is all set to dazzle the markets with its IPO. For gold lovers and investors alike, this IPO might just be a golden ticket.

So, what’s all the glitter about? Let's break it down in the simplest way possible.


IPO Overview

The Shanti Gold International IPO is opening on July 25, 2025, and will remain open till July 29, 2025.

The anchor investor window opens a day early, on July 24, 2025.
Allotment results are expected by July 30, 2025, and the tentative listing date is August 1, 2025, on both BSE and NSE.


 Key IPO Details

 Price Band Details

The IPO has a price band of ?189 to ?199 per share. It's competitively priced considering the brand value and potential expansion plans.

 Lot Size & Investment

  • 1 lot = 75 shares

  • Minimum application = 1 lot = ?14,175

  • Minimum for HNIs = 14 lots (1,050 shares) = ?2,08,950

  • Upper cap = 68 lots (5,100 shares) = ?10,14,900

So whether you're a retail investor or an HNI, there's room to grab your slice of the gold pie.


 Important IPO Timeline

Event Date
Anchor Bidding July 24, 2025
IPO Opens July 25, 2025
IPO Closes July 29, 2025
Allotment Finalization July 30, 2025
Refunds Initiated July 31, 2025
Listing on BSE & NSE August 1, 2025

 Company Background: Shanti Gold International

Shanti Gold International is no rookie in the jewellery space. Based out of Mumbai, the company has been crafting exquisite 22kt CZ casting gold jewellery—from bridal sets to contemporary wear.

 Products and Services

Their diverse range includes:

  • Bangles

  • Necklaces

  • Earrings

  • Rings

  • Full bridal jewellery collections

Whether you're a bride or a fashion-forward shopper, Shanti Gold has something for every occasion.

 Manufacturing Unit

The company operates from a fully integrated facility in Andheri East, Mumbai, covering over 13,448 sq. ft.. This ensures complete control over quality and efficiency.


 Objectives of the IPO

Wondering why Shanti Gold is going public? Here's how they plan to use the funds:

  •  Working Capital Requirements

  •  Jaipur Facility Expansion (CapEx)

  •  Loan Repayment/Prepayment

  •  General Corporate Purposes

This signals strong growth ambitions, especially their expansion in Jaipur, a major jewellery hub.


 Financial Performance Snapshot

While detailed financials will be in the RHP, early insights show:

  • Stable revenue from B2B and B2C sales

  • Growing demand for bridal and contemporary CZ jewellery

  • Focus on margin improvement through in-house production


 Competitive Strengths

What makes Shanti Gold stand out?

  • In-house Design to Delivery Model

  • Cultural Blend: Traditional + Modern styles

  • Trusted Network: Pan-India B2B and B2C partnerships

  • Expansion-ready: Jaipur facility + retail growth plan


 Risks and Challenges

Not every glitter is risk-free. Consider these:

  • Volatility in gold prices

  • Import regulations or duty hikes

  • High competition from big brands and unorganised sector

  • Raw material availability risks

Invest wisely, especially in a luxury goods space like jewellery.


 Management and Lead Managers

  • Lead Manager: Choice Capital Advisors Pvt Ltd

  • Registrar: Bigshare Services Pvt Ltd

Both are experienced in handling SME and traditional sector IPOs efficiently.


 Grey Market Premium (GMP) Buzz

Although unofficial, GMP chatter suggests positive investor sentiment. Jewellery IPOs often gain momentum, especially when gold demand is high and the company has a strong retail presence.


 Should You Subscribe to the IPO?

Let’s simplify it:

  • Yes, if you're a long-term investor looking to invest in a growing consumer brand

  • Yes, if you want to diversify into luxury consumption

  • Cautiously, if you're in for a short-term flip. Watch GMP and allotment trends

For jewellery lovers and business-savvy investors, it could be a glittering bet!


 Final Thoughts

Shanti Gold International's IPO isn’t just another public offer—it's a rare opportunity to own a piece of India's booming jewellery industry. With a well-planned expansion, stable operations, and a touch of traditional charm, it might just sparkle on the bourses too.

Always remember, do your own research or consult a SEBI-registered advisor before investing. 

Disclaimer

The information provided in this article is for educational and informational purposes only. It does not constitute financial, investment, legal, or tax advice. Please consult with a certified financial advisor or a SEBI-registered professional before making any investment decisions. The author and publisher are not responsible for any financial losses or legal consequences incurred as a result of using this information

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