Shanti Gold International IPO Allotment Status

Shanti Gold International Limited is engaged in the business of manufacturing gold jewellery, incorporated in 2003 and specializing in high-quality 22kt CZ casting gold jewellery design and production. The company offers a wide range of intricately designed jewelry including bangles, rings, necklaces, and sets suitable for special occasions, weddings, festive events, and daily wear at various price points with an in-house manufacturing setup in Andheri East, Mumbai. The company operates a 13,448.86 square feet manufacturing facility with an annual production capacity of 2,700 kg, employing a team of 80 computer-aided design technology (CAD) designers who create over 400 gemstone-studded CZ gold designs monthly, having 222 employees and 100 contract labourers as of May 31, 2025.

The Shanti Gold International IPO came with a total issue size of ₹360.11 crore, comprising entirely a fresh issue of 1.81 crore shares. The IPO opened on July 25, 2025, and closed on July 29, 2025. The allotment for the Shanti Gold International IPO is expected to be finalized on Wednesday, July 30, 2025. The Shanti Gold International share price band was set at ₹199 per share.

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Steps to Check Shanti Gold International IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt Ltd website
• Select " Shanti Gold International" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Shanti Gold International IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Shanti Gold International" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Shanti Gold International IPO Subscription Status

Shanti Gold International IPO received strong investor interest, being subscribed 80.78 times overall. The subscription showed robust confidence across categories in the Shanti Gold International stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:37 PM on July 29, 2025:

• Retail Category: 29.73 times
• Non-Institutional Investors (NII): 151.17 times
• QIB Category: 117.33 times
• bNII (bids above ₹10L): 173.08 times
• sNII (bids below ₹10L): 107.35 times

Shanti Gold International Share Price and Investment Details

The Shanti Gold International stock price band was set at ₹199 per share with a minimum lot size of 75 shares. The minimum investment required for retail investors was ₹14,925 for 1 lot (75 shares), while sNII investors needed to invest a minimum of ₹2,08,950 for 14 lots (1,050 shares) and bNII investors needed ₹10,14,900 for 68 lots (5,100 shares).

The issue includes a reservation of up to 54,28,800 shares for anchor investors raising ₹108.03 crore. Given the strong subscription response of 80.78 times overall, with retail category being solidly oversubscribed at 29.73 times, QIB at 117.33 times, and NII showing exceptional response at 151.17 times, the Shanti Gold International share price is expected to list with substantial premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility: ₹46.30 crore
• Funding working capital requirements: ₹200.00 crore
• Repayment and/or pre-payment of certain borrowings: ₹17.00 crore
• General corporate purposes: Remaining amount

Business Overview

The company operates in gold jewellery manufacturing having been in this business since 2003, serving as manufacturer and supplier of high-quality 22kt CZ casting gold jewellery with comprehensive B2B business model across jewelry businesses. Shanti Gold International operates primarily in the jewelry manufacturing sector, providing complete in-house manufacturing setup for design, production, and packaging through advanced machines and CAD technology with manufacturing facility equipped with precision machinery in Andheri East, Mumbai, focusing on corporate brands like Joyalukkas, Lalitha Jewellery, Alukkas Enterprises, Vysyaraju Jewellers, and Shree Kalptaru Jewellers with strong presence having expanded to 15 states and one union territory by May 31, 2025, and strategic positioning in major cities like Mumbai, Bangalore, Chennai, and Hyderabad with established long-term relationships across the jewelry industry.