27/07/2025
🚨🚨SHANTI GOLD IPO UPDATE 🚨🚨
price band of ₹189-199 per share, total issue size of ₹360.11 crores, IPO dates from July 25-29, 2025, with listing scheduled for August 1, 2025. The minimum investment requirement is ₹14,925 for retail investors with a lot size of 75 shares.
Shanti Gold's core business as a leading manufacturer of 22kt CZ casting gold jewellery, established in 2003. Key strengths include their Mumbai facility with 2,700 kg annual capacity, team of 80 CAD designers creating over 400 designs monthly, and strong B2B relationships with major retailers like Joyalukkas and Lalithaa Jewellery. The company operates across 15 states and one union territory.
the company's impressive financial growth, with FY25 revenue reaching ₹1,106 cr and profit after tax of ₹55.84 crores (up 108% YoY). The company maintains healthy margins with EBITDA at 8.83% and ROE at 44.85%. Current grey market premium (GMP) stands at ₹39, indicating potential 19.6% listing gains.
