Join me for an exclusive Factory Visit Shanti Gold International Limited IPO, a prominent player in the Indian gold jewellery manufacturing sector, as they gear up for their Mainboard IPO. Founded in 2003 by industry veterans Pankajkumar H. Jagawat Ji and Manojkumar N. Jain Ji, Shanti Gold has established itself as a leading manufacturer of high-quality 22kt CZ casting gold jewellery, recognized for its significant installed production capacity.
The company shows an impressive in-house manufacturing setup spanning 13,448.86 sq. ft. in Andheri East, Mumbai. This facility, equipped with advanced machinery and supported by skilled outsourced labor for intricate tasks like manual stone setting, enables an annual production capacity of 2,700 kg. A dedicated team of 80 CAD designers leverages cutting-edge technology to create over 400 intricate, gemstone-studded designs monthly. Shanti Gold offers a diverse portfolio, including bangles, rings, necklaces, and complete sets, catering to weddings, festivals, daily wear, and special occasions across various price points.
Their commitment to quality and design has fostered long-term relationships with major jewellery businesses, including corporate brands such as Joyalukkas, Lalitha Jewellery, Alukkas Enterprises, Vysyaraju Jewellers, and Shree Kalptaru Jewellers. Operating across 15 states and 1 union territory, they have a significant pan-India presence.
Shanti Gold International IPO is a bookbuilding offering of ₹360.11 crores, consisting of 1.81 crore fresh shares. It opens for subscription on July 25, 2025, and closes on July 29, 2025. Allotment results are expected on July 30, 2025, with a tentative listing date on BSE and NSE set for August 1, 2025.
Explore the potential of this upcoming IPO with insights from our factory visit and comprehensive analysis. Remember to do your own research before investing.
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