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Shanti Gold Ipo


Objects of the 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.

Shanti Gold International IPO Review

  • IPO Watch – May Apply

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  • IDBI Capital –

  • Marwadi Shares –

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  • SBICAP Securities –

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  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Choice Capital Advisors Pvt Ltd

Application Lot Size Shares Amount
Retail Minimum 1 75 ₹14,925
Retail Maximum 13 975 ₹1,94,025
S-HNI Minimum 14 1,050 ₹2,08,950
B-HNI Minimum 68 5,100 ₹10,14,900

IPO Open Date: July 25, 2025
IPO Close Date: July 29, 2025
Basis of Allotment: July 30, 2025
Refunds: July 31, 2025
Credit to Demat Account: July 31, 2025
IPO Listing Date: August 1, 2025

Period Ended Revenue Expense Profit After Tax Assets
2022 ₹430.13 ₹421.74 ₹3.30 ₹214.41
2023 ₹682.28 ₹651.32 ₹19.82 ₹256.88
2024 ₹715.04 ₹679.21 ₹26.87 ₹325.40
2025 ₹1,112.47 ₹1,039.64 ₹55.84 ₹419.83

KPI Values
ROE: 44.85%
ROCE: 25.70%
EBITDA Margin: 8.83%
PAT Margin: 5.05%
Debt to equity ratio: 1.60
Earning Per Share (EPS): ₹10.34 (Basic)
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 44.85%
Net Asset Value (NAV): ₹28.22

Company EPS PE Ratio RoNW % NAV Income
Utssav CZ Gold Limited 11.63 19.35 30.94 53.23 646.32 Cr.
RBZ Jewellers Limited 9.70 14.42 17.15 61.26 530.15 Cr.
Sky Gold Limited 9.52 34.53 28.59 46.61 3548.02 Cr.

IPO Open Date: July 25, 2025
IPO Close Date: July 29, 2025
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹189 to ₹199 Per Share
Issue Size: Approx ₹360.11 Crores
Fresh Issue: Approx ₹360.11 Crores
Issue Type: Book Built Issue
IPO Listing: BSE & NSE
Retail Quota: Not more than 35%
QIB Quota: Not more than 50%
NII Quota: Not more than 15%
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

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