# Everything you need to know about Shanti Gold International

**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-shanti-gold-international/184615
**Category:** General
**Created:** [July 24, 2025, 9:25am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-shanti-gold-international/184615 "2025-07-24T09:25:13Z")
**Posts on this page:** 1
**Page:** 1

<div class="post-metadata">

### Author: ![hafzee](https://tradingqna.com/user_avatar/tradingqna.com/hafzee/32/29110_2.png) [@hafzee](https://tradingqna.com/u/hafzee)
#### Post date: [July 24, 2025, 9:25am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-shanti-gold-international/184615/1 "2025-07-24T09:25:13Z")

</div>

### About

Shanti Gold International is a jewellery manufacturer focusing on producing 22 Kt CZ gold jewellery. The company offers a variety of designs, including bangles, rings, and necklaces, catering to diverse customer needs. Operating across multiple Indian states and international markets, Shanti Gold International emphasizes quality control through its in-house manufacturing facility in Mumbai.

### IPO schedule

| Issue open date | 2025-07-25 |
| --- | --- |
| Issue close date | 2025-07-29 |
| UPI mandate deadline | 2025-07-29 (5 PM) |
| Allotment finalization | 2025-07-30 |
| Refund initiation | 2025-07-31 |
| Share credit | 2025-07-31 |
| Listing date | 2025-08-01 |
| Mandate end date | 2025-08-13 |
| Lock-in end date for anchor investors (50%) | 2025-08-29 |
| Lock-in end date for anchor investors (remaining) | 2025-10-28 |

### Financials

| **Financial Year Ended** | **March 2023** | **March 2024** | **March 2025** |
| --- | --- | --- | --- |
| Total Assets | 256.8 | 325.4 | 419.83 |
| Revenue | 682.2 | 715.0 | 1112.47 |
| Profit After Tax | 19.8 | 26.8 | 55.84 |

### Issue size

| **Funds Raised in the IPO** | **Amount** |
| --- | --- |
| Overall | ₹360.11 crores |
| Fresh Issue | ₹360.11 crores |

### Utilisation of proceeds

| **Purpose** | **INR crores (%)** |
| --- | --- |
| Capital expenditure | 46.30 (12.85%) |
| Working capital requirements | 200 (55.53%) |
| Repayment of outstanding borrowings | 17 (4.7%) |
| General corporate purposes | |

### Strengths

- A wide variety of 22 Kt CZ gold jewellery designs are offered.
- Intricate jewellery crafted using CAD technology by expert team.
- Fully integrated in-house manufacturing ensures quality control.
- Promoters with over 20 years of industry experience each.
- Strong financial growth with increasing revenue and profitability.

### Risks

- Significant delays in TDS payments potentially incur penalties.
- Heavy reliance on in-house manufacturing may impede flexibility.
- Critical skilled personnel departure could disrupt operations.
- Non-compliance with environmental laws risks operational shutdowns.
- Inadequate working capital could hinder business expansion efforts.