247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Shanti Gold International Limited

Mumbai

Date of DRHP : 13 Jan 2025

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Shanti Gold Basic Details

   Jewellery

Sub Sector: Manufacturers of high-quality 22kt CZ casting gold jewellery

About the Company

Shanti Gold International Limited is one of the leading manufacturers of high-quality 22kt CZ casting gold jewellery, in terms of installed production capacity, specializing in the design and production of all types of gold jewellery (Source: CARE Report). The Company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery. Founded as a partnership firm in 2003, their business was established by their Promoters, Pankajkumar H. Jagawat and Manojkumar N. Jain, who have over 20 years of experience in the jewellery industry. They currently offer wide range of designs and products of 22kt CZ gold jewellery.Manufacturing setup They have a fully integrated in-house manufacturing setup, which enables them to exercise control over the quality of products and meet the standards expected by the customers. All aspects of design, manufacturing, and packaging have been carried out in-house,enabling them to create jewellery tailored to their clients' preferences. Their manufacturing and processing operations are carried out using machines such as casting machines, steamers, induction melter, air compressors, etc. Additionally, a significant portion of the production process relies on outsourced labour, particularly for the manual setting of stones, which requires precision and craftsmanship.

Financial Summary (Annualised Basis)

Revenue :
1019.20 Cr.

PAT :
36.40 Cr.

Shanti Gold IPO Lead Manager(s)

Choice Capital Advisors Private Limited

Shanti Gold IPO Registrar

Bigshare Services Private Limited

Shanti Gold DRHP Details

Objects of issue

  • Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility
  • Funding working capital requirements of the Company
  • Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
  • General corporate purposes

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FAQs

Shanti Gold International operates in Jewellery and Manufacturers of high-quality 22kt CZ casting gold jewellery. The Issue would be listed on MainBoard. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of Shanti Gold International is Book Building Process and Object of issue is

  • Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility
  • Funding working capital requirements of the Company
  • Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
  • General corporate purposes

The DRHP (Draft Red Herring Prospectus) of Shanti Gold International IPO was filed on 13 Jan 2025.

No, Shanti Gold International IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Shanti Gold International are not available now. You can apply in Shanti Gold International IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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