Shanti Gold IPO GMP & Review: Apply or Avoid?

Shanti Gold IPO is open for bidding on 25th July 2025. It is a bookbuilding IPO of 1.88 crore shares worth ₹360.11 crore, and entirely a fresh issue. The issue will be listed on BSE and NSE on its tentative listing date, 1st July 2025. 

Shanti Gold IPO Details 

The Shanti Gold IPO date is fixed between 25th July 2025 and 29th July 2025. The face value of Shanti Gold International Limited shares stands at ₹10 per share, and the IPO price band is fixed at ₹189 to ₹199 per share. 

Bigshare Services Private Limited is the registrar of the Shanti Gold IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Shanti Gold IPO Share Reservation

Shanti Gold IPO is a bookbuilding IPO issue of 1.81 crore shares worth ₹360.11 crores. Shanti Gold Limited shares will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Click here to download Shanti Gold RHP for detailed information.

Shanti Gold IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Shanti Gold IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 22nd July 2025, Shanti Gold IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹199 on its tentative listing date, 1st August 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Shanti Gold IPO. 

Stay updated on Univest to know about live IPOs and their GMP trends! 

Shanti Gold IPO Review

Check out the detailed Shanti Gold IPO review for a thorough understanding of its potential to report listing gains on 1st August 2025. The Shanti Gold IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Shanti Gold IPO.

Shanti Gold Limited’s revenue rose 56% from ₹715.04 crores in March 2024 to ₹1,112.47 crores in March 2025. Moreover, the company’s PAT decreased by 108% from ₹26.87 crores to ₹55.84 crores. 

Shanti Gold Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Shanti Gold IPO for its tentative listing day, which is 1st August 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Shanti Gold IPO.

The PE ratio of Shanti Gold Limited shares is 19.24, and its Earnings Per Share (EPS) stands at 10.34. Thus, the Shanti Gold IPO can potentially deliver gains on its tentative listing date, 1st August 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Shanti Gold International Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Shanti Gold Limited Peer Comparison

Shanti Gold IPO Subscription Status

Shanti Gold IPO is to be opened for bidding on 25th July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Shanti Gold IPO Subscription Status. 

About Shanti Gold Limited

Shanti Gold Limited was incorporated in 2003, is involved in the business of manufacturing gold jewellery. The company offers fully integrated in-house manufacturing facilities to ensure quality control standards, set up for design, production, and packaging. It uses advances in technology and outsourced labour for the manual stone setting. The company offers a wide range of high-quality, designed jewelry bangles, rings, necklaces, and sets, suitable for special occasions, weddings, festive events, and daily wear at various price points.

Shanti Gold Limited Financials

The company’s financial analysis is essential before applying for the Shanti Gold IPO. Look at the table to learn about Shanti Gold Limited’s financials. 

Explanation

Shanti Gold Limited’s revenue rose 56% from ₹715.04 crores in March 2024 to ₹1,112.47 crores in March 2025. Moreover, the company’s PAT decreased by 108% from ₹26.87 crores to ₹55.84 crores. 

Shanti Gold IPO Bidding Requirements

Shanti Gold IPO has reserved lot sizes to be applied to different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Use the lot size calculator to find how many shares you should apply!

Shanti Gold IPO Promoter Holdings

Have a look at the table below to check the holdings of Shanti Gold Limited’s promoters of the company: Pankajkumar H Jagawat, Manojkumar N Jain, and Shashank Bhawarlal Jagawat.

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue. 

Aim of Shanti Gold IPO

The primary aim of the Shanti Gold  IPO is to raise ₹58.80 Crores. On the other hand, Shanti Gold has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Patel Chem Specialities.

• To meet General Purposes
• To fund the capital expenditure Requirements of the company
• To fund the working capital requirements of our Company
• To Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company

Should I Invest in Shanti Gold IPO

Explore the pros and cons of the Shanti Gold IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Shanti Gold IPO

•     Wide variety of jewellery designs
•     High-quality focused
•     Experienced Personnel
•     Robust Financial Growth
•     In-house Manufacturing Unit

       Cons of Shanti Gold IPO

•   Intensified Inspection
•   Regulatory or legal requirements
•   Customer Dependence

How to Apply for the Shanti Gold IPO?

Check the steps mentioned below to apply for the Shanti Gold IPO. 

• Step 1: Conduct thorough research on Shanti Gold IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 1 lot of 75 shares worth ₹14,925 of the Shanti Gold IPO.   
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Shanti Gold IPO from more than one demat account to increase your allotment chances. 

How to Check Shanti Gold IPO Allotment Status?

You can check for the Shanti Gold IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Shanti Gold IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Shanti Gold IPO allotment status.

Let’s Wrap

Shanti Gold IPO is a bookbuilding issue of 1.81 crore shares worth ₹360.11 Crores. The shares of Shanti Gold Limited will be listed on BSE and NSE on its tentative listing date of 1st August 2025. Researching the Shanti Gold IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Shanti Gold IPO

How is the Shanti Gold IPO?

Ans. Currently, on 23rd July 2025, Shanti Gold IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹199 per share. It is entirely a fresh issue of 1.81 crore shares. The face value of each share of Shanti Gold Limited is ₹10. 

What is the Shanti Gold IPO price?

Ans. Shanti Gold IPO price band has been set between ₹189 and ₹199 per share. Retail investors can apply for a minimum of 1 lot consisting of 75 shares worth ₹14,925. Moreover, HNIs are required to bid for a minimum of 14 lots (1,050 shares) worth ₹2,08,950. 

Is the Shanti Gold IPO good?

Ans. Shanti Gold Limited’s revenue rose 56% from ₹715.04 crores in March 2024 to ₹1,112.47 crores in March 2025. Moreover, the company’s PAT decreased by 108% from ₹26.87 crores to ₹55.84 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who is the registrar of the Shanti Gold IPO?

Ans Bigshare Services Private Limited is the registrar of the Shanti Gold IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Shanti Gold IPO allotment and refund, you can contact Bigshare Services Limited at ipo@bigshareonline.com,r +91-22-6263 8200

What is the issue size of the Shanti Gold IPO? 

Ans. Shanti Gold IPO is a bookbuilding IPO for 1.81 crore shares worth ₹360.11 crore. Moreover, the IPO is set to open on 25th July 2025 and will close on 29th July 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Shanti Gold IPO, download the Shanti Gold IPO RHP and Shanti Gold IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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