31 Mar 2023
Assets256.88
Total Income682.28
EBITDA45.57
Profit After Tax19.82
NET Worth69.81
Total Borrowing165.34
At a glance
Updated 2026-08-24The shares listed at ₹227.55, a 14.35% move from the issue price. Shanti Gold International is a Mainboard IPO with an issue size of ₹360.11 crore, proposed for listing on BSE, NSE. The offer opens on 25th Jul 2025 and closes on 29th Jul 2025. The issue structure includes a fresh issue of ₹360.11 crore. The current listing schedule points to 1st Aug 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹360.11 Cr
Fresh issue₹360.11 Cr
Face value₹10
Price band₹189.00–₹199.00
Allotment30th Jul 2025
Listing1st Aug 2025
Listing performance
Full performance ↗Issue price₹199.00
Listing price₹227.55
Current price—
Listing gain14.35%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹34.00
GMP / upper price17.09%
Est. listing₹233.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Jul 2025
Closes29th Jul 2025
Allotment30th Jul 2025
Refund31st Jul 2025
Demat31st Jul 2025
Listing1st Aug 2025
Subscription demand
Full bidding ↗Total80.78×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 75 | ₹14,925 |
Company
Incorporated2003
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility | ₹46.30 Cr |
| Funding working capital requirements of the Company | ₹200.00 Cr |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by Company | ₹17.00 Cr |
| General Corporate Purposes | ₹46.01 Cr |
| Issue Expenses | ₹50.80 Cr |
| Total | ₹360.11 Cr |
Financials
Full financials ↗31 Mar 2024
Assets325.40
Total Income715.04
EBITDA53.45
Profit After Tax26.87
NET Worth96.67
Total Borrowing210.68
31 Mar 2025
Assets419.83
Total Income1,112.47
EBITDA97.71
Profit After Tax55.84
NET Worth152.37
Total Borrowing233.00
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROCE | 25.70% |
| Debt / Equity | 1.60% |
| RoNW | 44.85% |
| PAT Margin | 5.05% |
| EBITDA Margin | 8.83% |
| Price to Book Value | 7.05 |
Valuation & shareholding
Pre-IPO EPS10.34
Post-IPO EPS7.75
Pre-IPO P/E19.24
Post-IPO P/E25.69
Promoter holding pre99.99%
Promoter holding post74.89%
Market cap₹1434.71 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding of capital expenditure requirements towards setting up of the Proposed Jaipur Facility | ₹46.30 Cr |
| Funding working capital requirements of the Company | ₹200.00 Cr |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by Company | ₹17.00 Cr |
| General Corporate Purposes | ₹46.01 Cr |
| Issue Expenses | ₹50.80 Cr |
| Total | ₹360.11 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Choice Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.