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Shanti Gold International gets SEBI’s nod for IPO

05 Jun 2025 Evaluate

Shanti Gold International has received Securities and Exchange Board of India’s (SEBI) go-ahead to raise funds through initial public offering (IPO). The IPO is entirely a fresh issue of 1.8 crore equity shares. 

Proceeds from the fresh issue to the extent of Rs 45.83 crore will be used for setting up of the Jaipur facility; Rs 190 crore will be allocated for funding the company's incremental working capital requirements; Rs 20 crore will be utilised for payment of debt and a portion will be used for general corporate purposes. Choice Capital Advisors is the sole book-running lead manager to the issue. 

Shanti Gold International specialises in the design and production of various types of gold jewellery. With a team of 80 professionals utilising computer-aided design (CAD) technology, the company develops over 400 designs per month on a regular basis.


Shanti Gold Internat Share Price

200.10 -4.60 (-2.25%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4385.95
Kalyan Jewell.India 412.55
Rajesh Exports 120.00
Senco Gold 313.20
Thangamayil Jeweller 3965.15
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