Shanti Gold International Share Price Lists at 15% Premium on Dalal Street

Market Performance

Shanti Gold International shares made a strong debut on the stock exchanges on Friday, August 1.

Key listing details:

• BSE Opening Price: ₹229.10 — a 15% gain over the issue price of ₹199
• NSE Opening Price: ₹227.55 — reflecting a 14.35% premium

The stock opened firmly in positive territory, signaling investor confidence on listing day.

Main News

The IPO of Shanti Gold International received strong investor interest.

The public issue was open for bidding between July 25 and July 29 and comprised an entirely fresh issue of 1.81 crore equity shares, amounting to a total of ₹360.11 crore.

• Issue Price Band: ₹189 – ₹199 per share
• Offer-for-Sale (OFS): None

Shanti Gold International is a Mumbai-based manufacturer specializing in 22kt CZ casting gold jewellery.

Company Details

Shanti Gold International is known for its excellence in jewellery design and production. The company has established a niche in manufacturing high-quality gold jewellery and operates with a robust production capacity.

Key highlights:

• Product Line: 22kt CZ casting gold jewellery
• Installed Manufacturing Capacity: 2,700 kg per annum

Utilization of IPO Proceeds:

• ₹46.3 crore — for setting up a new facility in Jaipur
• ₹200 crore — to meet working capital requirements
• ₹17 crore — allocated towards debt repayment
• Balance funds — for general corporate purposes

Prior to the IPO launch, the company successfully raised ₹108.03 crore from anchor investors.

Participants included:

• Societe Generale
• Wealthwave Capital Fund
• Vijit Growth Fund
• Founders Collective Fund
• Smart Horizon Opportunity Fund
• Swyom India Alpha Fund
• Sunrise Investment Opportunities Fund

Financial Performance

Revenue

• FY25 Revenue: ₹1,106.41 crore
• FY24 Revenue: ₹711.43 crore
• Annual Growth: 55.52%

Net Profits

• FY25 Net Profit: ₹56 crore
• FY24 Net Profit: ₹27 crore

The company has shown strong financial growth, nearly doubling its profit and posting a sharp rise in revenue.

Summary

Shanti Gold International share price opened with a double-digit premium on Dalal Street, reflecting strong listing momentum.

With robust financials, expansion plans, and a clear growth trajectory, Shanti Gold has made a promising entry into the public markets.

Stakeholders in the jewellery and retail sectors are likely to keep a close watch on the company’s performance in the upcoming quarters.