Shanti Gold IPO Soars with 1.52X Subscription & ₹38 GMP Premium—Investors Rush In!
Gold fever is back, and this time it’s wrapped in the glittering offering of Shanti Gold International Ltd, India’s fast-rising gold jewellery manufacturer. With its ₹360-crore IPO racing past a 1.52X subscription on Day 2, retail and non-institutional investors are scrambling to grab a piece of this shimmering pie!
📈 What’s Fueling the Shanti Gold IPO Craze?
- Retail Portion Subscribed 2.34X
- NII Quota Booked 1.61X
- QIBs Starting to Warm Up at 1%
Even before the public bid kicked off, anchor investors pumped in ₹108 crore, featuring big names like Societe Generale, Wealthwave Capital, Shine Star Build Cap, and J4S Venture Fund.
🧠 Expert Reviews: “SUBSCRIBE – LONG TERM” Is the Call!
Brokerages like Anand Rathi and GEPL Capital are glowing with optimism:
“Strong ties with jewelry giants like Joyalukkas, robust PAN-India presence, and 55% YoY revenue growth—this IPO is built to shine!”
With a P/E valuation of 19.2x (FY25 earnings) and strategic expansion into Jaipur and major cities, experts say Shanti Gold is fairly valued with strong upside potential.
💰 Grey Market Buzz: Shanti Gold IPO GMP Hits ₹38!
Investors on the street are betting big! The Grey Market Premium (GMP) is at a solid ₹38, indicating a potential 19.10% listing gain at ₹237/share vs the issue price of ₹199.
📊 GMP Trend: Min ₹0 – Max ₹39 over the past 11 sessions
💹 Today’s GMP: ₹38 = Market Optimism is REAL
📊 Solid Financials to Back the Shine
- 📈 FY25 Revenue: ₹1,106.41 crore (up from ₹711.43 crore in FY24)
- 💸 FY25 Profit After Tax: ₹56 crore (vs ₹27 crore in FY24)
- 🏭 Annual Gold Jewellery Capacity: 2,700 kg
The company plans to use IPO proceeds for:
- 🏗️ ₹46.3 crore – New facility in Jaipur
- 💼 ₹200 crore – Working capital
- 💳 ₹17 crore – Debt repayment (from ₹242 crore total debt)
💎 Should You Invest in Shanti Gold IPO?
According to Adroit Financial Services, repayment of debt and expansion plans will enhance cash flows and improve long-term financial stability. While gold price volatility remains a risk, the robust order book and brand partnerships offer a cushion.
✅ Our Verdict:
👉 SUBSCRIBE for Long-Term Gains
👉 Strong Brand, Solid Financials, Growing Market Footprint
👉 Fair Valuation + High GMP = Golden Opportunity
📅 Key Dates to Watch
- 📌 IPO Closes: July 29, 2025
- 📌 Listing Date (Expected): Early August 2025
- 📌 IPO Price Band: ₹199 – ₹237
- 📌 Lot Size: 75 shares and in multiples thereafter
🔔 Final Take: Don’t Miss This Golden IPO!
The Shanti Gold IPO is turning heads for all the right reasons: strong fundamentals, growing demand, and bullish investor sentiment. With top-tier anchor investors and a buzzing grey market, this could be the shining star of your 2025 portfolio.
👉 Act before July 29 and claim your stake in India’s sparkling gold revolution!