Shanti Gold IPO GMP Today: Shanti Gold International Limited’s IPO i.e. Initial Public Offering has surprised investors by getting 80.80 times subscription on its last day. This IPO opened on 25 July and closed on 29 July 2025. During this, retail and non-institutional investors took it with open arms. Today we will talk about Shanti Gold IPO GMP Today which includes gray market premium, company strength and investment advice. If you are thinking of investing money in this IPO then this article is special for you.
Shanti Gold IPO GMP Today and the whole story of subscription
Talking about Shanti Gold IPO GMP Today, shares are trading at a premium of Rs 33 to Rs 37 in the gray market. This means that at the upper price of Rs 199, the listing can be around Rs 236. This represents a listing gain of around 18.59 per cent. Shanti Gold IPO GMP Today at 11:41 am today was Rs 37.5 which takes the listing price to Rs 236.5. This is quite attractive for investors but remember that the grey market premium is only an estimate and it can change according to the market mood. Talking about subscription, this IPO saw bidding for over 6.24 crore shares against the offer of 1.26 crore shares. Retail investors subscribed 29.73 times and non-institutional investors subscribed 151.17 times. Qualified institutional buyers also gave it tremendous support with 117.33 times subscription.
Company Business and Future Plans
Shanti Gold International Limited has been operating in Mumbai since 2003 and specializes in manufacturing 22 carat CZ gold jewellery. Its manufacturing unit is spread over 13448.86 square feet in Andheri East and has the capacity to manufacture 2700 kg of jewelry annually. The company operates on a B2B model and supplies to large retail chains such as Joylukkas and Lalitha Jewellery. In FY25, the company’s revenue grew 55.52 percent to Rs 1106.41 crore and net profit grew 107.84 percent to Rs 55.84 crore. The proceeds from the IPO will be used to set up a new manufacturing unit in Jaipur, repay debt of Rs 17 crore and for working capital requirements. Considering Shanti Gold IPO GMP Today and the strong growth of the company, this can be a great opportunity for investors. However, fluctuations in gold prices and dependence on South India also bring some risk.
Allotment will be finalized on July 30 and shares will be listed on BSE and NSE on August 1. Based on Shanti Gold IPO GMP Today, this IPO can be beneficial for both short term and long term investors. Consult your financial advisor before investing.
