Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: Shanti Gold IPO: Shanti Gold eyes Rs 360-cr via IPO; issue to open on Jul 25ETRetail – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Fashion > Shanti Gold IPO: Shanti Gold eyes Rs 360-cr via IPO; issue to open on Jul 25ETRetail – Delhi News Daily
Fashion

Shanti Gold IPO: Shanti Gold eyes Rs 360-cr via IPO; issue to open on Jul 25ETRetail – Delhi News Daily

delhinewsdaily
Last updated: July 22, 2025 11:51 am
delhinewsdaily
Share
SHARE


Contents
Join the community of 2M+ industry professionals.Subscribe to Newsletter to get latest insights & analysis in your inbox.All about ETRetail industry right on your smartphone!

Manufacturer of gold jewellery Shanti Gold International on Tuesday fixed a price band of Rs 189 to Rs 199 per equity share for its upcoming Rs 360-crore initial public offering (IPO).

The IPO will open for public subscription on July 25 and close on July 29, the company said.

The issue is entirely a fresh issue of 1.81 crore shares worth Rs 360.11 crore, at the upper-end of the price band, with no offer-for-sale (OFS) component.

Proceeds of the issue will be used for setting up a facility in Jaipur, funding the company’s incremental working capital requirements, payment of debt and for general corporate purposes.

The Mumbai-based Shanti Gold specialises in the design and production of various types of gold jewellery. As of now, the company has an installed manufacturing capacity of 2,700 kg per annum.

Shanti Gold’s revenue from operations increased by 55.52 per cent to Rs 1,106.41 crore in fiscal 2025, from Rs 711.43 crore in the preceding fiscal and profit after tax rose to Rs 56 crore in fiscal 2025, from Rs 27 crore in fiscal 2024.

The company announced that half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors.

Choice Capital Advisors is the sole book-running lead manager to the issue.

  • Published On Jul 22, 2025 at 03:23 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETRetail industry right on your smartphone!






Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article From Kadak Chai Toast to Kunafa Bars: 5 Dubai food trends that went viral on social media | World News – Times of India – Delhi News Daily
Next Article China food safety scandal: 230 children poisoned at kindergarten; toxic dye used to enhance meals – Times of India – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Worlds oldest baby born from 30-year-old frozen embryo: A breakthrough in fertility science | World News – Times of India – Delhi News Daily
  • ‘Get up or I’ll get you up’: Flight passenger slapped for refusing to give up seat – Bogota airport chaos – Times of India – Delhi News Daily
  • Kamala Harris’ first interview after 2024 loss: Former VP recounts painful experience of certifying Trump’s January 6 win – Watch – Times of India – Delhi News Daily
  • Buried in ‘back room’: FBI’s Kash Patel finds hidden Trump–Russia docs; what do they reveal? – Times of India – Delhi News Daily
  • Jonathan Schiessl sees limited impact on India from US tariff moves – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Fashion

Gold price crosses Rs 1 lakh per 10 gm, dampens festive jewellery demand – Delhi News Daily

Gold touched the Rs 1 lakh per 10 gm mark on Wednesday dampening the mood among jewellers who now fear…

5 Min Read
Fashion

Gold crosses ₹1L/10 gm amid growing tensions – ET Retail – Delhi News Daily

The Israel and Iran tensions have pushed up gold prices to Rs 99,170 per 10 gm on Friday at the…

2 Min Read
Fashion

“Jeans in 10 minutes? Why not”: Spykar CEO Sanjay Vakharia on growth, channels and why Made in India still wins – Delhi News Daily

New Delhi: After a year of cautious consolidation, Spykar Lifestyle is preparing for sharper, accelerated growth with plans to expand…

5 Min Read
Fashion

Kiaasa Retail files draft papers with BSE’s SME to raise funds via IPO – ET Retail – Delhi News Daily

Ethnic fashion player Kiaasa Retail on Friday said it has filed its preliminary papers with BSE's SME platform to raise…

2 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?