Shanti Gold IPO Launch
The IPO of International Limited has been launched today i.e. on Thursday. This IPO will remain open till 29 July 2025. The company has prepared to raise Rs 360.11 crore through this public issue. At the same time, the allotment of shares is expected to be completed on 30 July 2025, while the listing is to be done on 1 August. Shares of Shanti Gold International Limited will be listed on both NSE and BSE exchanges.
Fresh Equity Issue
Shanti Gold International Limited's IPO is a completely fresh equity issue. Not a single share will be sold through its Offer for Sale (OFS). The company will use the money raised through the public offering to expand the business and meet other needs. The company has set a price band of Rs 189 to Rs 199 per share.
Retail Investors & Non-Institutional Investors
The minimum lot size for investing in an IPO is 75 shares. That is, retail investors will have to invest at least Rs 14,175. At the same time, Small Non-Institutional Investors (SNII) will have to invest 14 lots, i.e. Rs 2,08,950. At the same time, Big Non-Institutional Investors (bNII) will have to invest 68 lots or Rs 10,14,900.
Responsibility Of This IPO
The responsibility of managing the IPO of Shanti Gold International has been given to Choice Capital Advisors Private Limited. At the same time, Bigshare Services Private Limited is the registrar of this IPO. It will take responsibility for processes like allotment of shares and refunds.
More About Shanti Gold International
According to Chittorgarh.com, Shanti Gold International Limited was incorporated in 2003 and is engaged in the business of manufacturing gold jewellery. The company manufactures high-quality 22kt CZ casting gold jewellery, specialising in design and production.
