Shanti Gold Share Price Rallies Nearly 17% on Listing Day

Shanti Gold IPO opened for subscription on July 25, 2025, and closed on July 29, 2025. 

It was a book-building issue of ₹360.11 crores. The issue is entirely a fresh issue of 1.81 crore shares. The Shanti Gold IPO price band was set at ₹199 per share. 

On Day 3 of subscription, July 29, as of 5:04 PM, Shanti Gold IPO was subscribed 80.78 times. QIBs subscribed 117.33x, NIIs subscribed 151.17x, and retail investors subscribed 29.73x.

The share allotment was finalised on Wednesday, July 30, 2025, and the shares were listed on BSE and NSE on Friday, August 1, 2025.

Shanti Gold Share Price

On the listing day, on the NSE, Shanti Gold share price (NSE: SHANTIGOLD) opened at ₹227.55, up from its issue price of ₹199.00. At 10:12 AM, the share price was trading at ₹233.00, up by 17.09% from its issue price and up by 2.40% from its opening price. As of the same time, the stock touched its day’s high at ₹238.36. The company’s market cap was ₹1,683.44 crore. 

On the BSE, at 10:13 AM, Shanti Gold share price was trading at ₹232.50, up by 1.48% from its opening price of ₹229.10 and 16.83% up from its issue price of ₹199.00.

About Shanti Gold Limited

Shanti Gold International Limited, incorporated in 2003, is a manufacturer of high-quality gold jewellery. The company specialises in crafting 22kt CZ casting gold jewellery, with a strong focus on design and production.

Its product portfolio includes a wide variety of intricately designed pieces such as bangles, rings, necklaces, and complete sets. These are crafted to suit diverse occasions, from weddings and festive celebrations to daily wear, catering to customers across different price ranges.

With an in-house facility that manages design, production, and packaging, the company maintains strict quality control. It leverages advanced machinery for manufacturing and employs skilled outsourced labour for precision tasks like manual stone setting, ensuring excellence in craftsmanship.

Also Read: Upcoming IPOs in August 2025!

Conclusion

Shanti Gold's IPO subscription and listing gains reflect investor confidence in its craftsmanship and growth potential. The debut signals demand in the jewellery sector.

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