Key IPO Details

The price band of 189-199 and a minimum lot size of 75 shares help investors estimate their capital needs for participating in the IPO without specifying exact rupee amounts.

Business Overview

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 emphasises quality control through its in-house manufacturing facility in Mumbai.

The company’s emphasis on quality and a wide range of designs positions it well in the jewellery market, ensuring customer satisfaction and loyalty.

Shanti Gold International’s sustainable practices and efficient manufacturing processes contribute to its reputation for high-quality products in the industry.

The company’s market presence across various geographical locations reflects its strong market penetration strategy.

Industry Context & Investment Thesis

Shanti Gold International’s focus on producing 22 Kt CZ gold jewellery aligns with sustainability and circular economy themes prevalent in the jewellery industry. The company’s emphasis on quality and design innovation supports its growth within these themes.

The issue size of 360cr reflects Shanti Gold International’s commitment to expanding its operations sustainably and meeting growing market demands for high-quality jewellery products.

Investors may consider the company’s sustainable practices and market positioning when evaluating the potential impact of their investment within broader industry sustainability trends.

IPO Schedule & Key Dates

Timelines play a crucial role in planning for IPO application, allotment tracking, and expectations post-listing.

Investors are advised to check mandates and allotment status as per the specified dates to stay informed throughout the IPO process.

How to Apply for Shanti Gold International Limited IPO

To apply for the Shanti Gold International Limited IPO, investors can use UPI-enabled broker apps or apply through the ASBA process via their bank. Ensure to follow the stepwise instructions provided by the respective platform for a smooth application process.

• Ensure you have a Demat account for seamless share allocation.
• Follow the UPI mandate process diligently to prevent any delays in application processing.
• Monitor your application status post-closure to stay updated on the share allotment process.

Key Strengths

• A wide variety of 22 Kt CZ gold jewellery designs are offered.
• Intricate jewellery crafted using CAD technology by an 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.

These strengths may appeal to investors looking for long-term growth opportunities and those interested in sustainability-focused investments. The company’s strong financial performance and experienced promoters add credibility to its growth potential in the market.

Key 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.

Investors should consider the risks associated with operational challenges, regulatory dependencies, and financial stability when evaluating their investment decisions. Understanding the potential impact of these risks is crucial for making informed investment choices.

Who Should Consider This IPO?

Investors with a long-term investment horizon and a focus on sustainability may find Shanti Gold International Limited IPO appealing. Those with a moderate risk tolerance and an interest in the jewellery industry’s growth potential could also consider this opportunity.

The company’s strong financial performance and commitment to quality may attract investors looking for stable investment options with growth potential.

Frequently Asked Questions