Shanti Gold International Limited
ListedMainboardGems & Jewellery · NSE / BSE
Shanti Gold International Limited, founded in 2003, specializes in manufacturing high-quality 22kt CZ casting gold jewelry with a focus on detailed design and craftsmanship. The company offers a wide range of jewelry including bangles, rings, necklaces, and complete sets, catering to different price segments and occasions such as weddings, festivals, and daily wear. Its manufacturing facility, located in Andheri East, Mumbai, spans over 13,000 square feet and has an annual capacity of 2,700 kg of gold jewelry. The entire process, from design to packaging, is managed in-house to maintain quality standards, while advanced machinery and skilled outsourced labor handle specialized tasks like stone setting. Shanti Gold's design team includes 80 CAD professionals who create over 400 unique CZ gold jewelry designs every month using cutting-edge design software. The company has built strong relationships with leading jewelry retailers such as Joyalukkas, Lalitha Jewellery, Alukkas Enterprises, Vysyaraju Jewellers, and Shree Kalptaru Jewellers. As of September 30, 2024, Shanti Gold has a presence in 13 states and 1 union territory, with branch offices in key cities like Mumbai, Bangalore, Chennai, and Hyderabad.
Price Band
₹189 – ₹199
Issue Size
₹360 Cr
Lot Size
75 shares
GMP
₹34
+17.1%
Est. Listing
₹233
at current GMP
Subscribed
81.22x
overall
Open
25 Jul 2025
Close
29 Jul 2025
Allotment
30 Jul 2025
Refund
31 Jul 2025
Demat Credit
1 Aug 2025
Listing
1 Aug 2025
Last updated 12 days ago
Overall Subscription
81.22x
Total Demand
QIB Multiplier
117.33x
Institutions & Funds
NII / HNI
151.48x
High Net-Worth
Retail (RII)
30.37x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,619,200 | 424,633,800 | 117.33x |
| NIB | 2,714,400 | 411,186,975 | 151.48x |
| HNIs(10L +) | 1,809,600 | 313,213,875 | 173.08x |
| HNIs (2-10L) | 904,800 | 97,973,100 | 108.28x |
| RETAIL | 6,333,600 | 192,378,000 | 30.37x |
| Total | 15,381,600 | 1,439,385,750 | 81.22x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 84,448 | 2,565,040 | 30.37x |
| HNIs(10L +) | 1,723 | 298,299 | 173.13x |
| HNIs (2-10L) | 862 | 93,308 | 108.25x |
| Total Applications | 87,033 | 2,956,647 | 33.97x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Shanti Gold International Limited Public Issue & Market Profile
Shanti Gold International Limited is bringing an initial public offering (IPO) in the Gems & Jewellery sector with an aggregate issue size of ₹360.11 Crores. The shares are offered at a price band of ₹189 to ₹199 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 75 shares (approx. ₹14,925 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-01, while un-allotted funds or UPI block mandates will be released on 2025-07-31.
Frequently Asked Questions
What is Shanti Gold International Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Shanti Gold International Limited IPO is ₹34 per equity share. Based on the upper price band of ₹189 to ₹199 per equity share, the estimated listing price is ₹233 (+17.1% expected listing gain).
What is the expected profit per lot for Shanti Gold International Limited IPO?
With a lot size of 75 shares and current GMP of ₹34, the expected profit per application lot is approx ₹2,550 (+17.1% gain). Minimum application cost is approx ₹14,925.
What is the issue size and price band for Shanti Gold International Limited IPO?
The Shanti Gold International Limited IPO aggregate issue size is ₹360.11 Crores with an equity price band set at ₹189 to ₹199 per equity share. The retail lot size is 75 shares requiring a minimum capital outlay of approx. ₹14,925.
How can I check Shanti Gold International Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 81.22x (Retail: 30.37x, QIB: 117.33x, NII: 151.48x). You can track live multiples directly on our dedicated subscription page.
Where and when will Shanti Gold International Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-07-30. Investors can verify status using PAN card or application number.
When is the listing date for Shanti Gold International Limited IPO?
Shanti Gold International Limited shares are scheduled to list on NSE and BSE on 2025-08-01.