Shanti Gold – Wittiya https://wittiya.com Top Business News, Stock Market Insights & Financial Updates | Wittiya Thu, 21 Aug 2025 07:06:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://wittiya.com/wp-content/uploads/2025/02/cropped-Favicons_1x_512x512-copy-3-32x32.png Shanti Gold – Wittiya https://wittiya.com 32 32 Shanti Gold International Shares Surge 11% as Q1 Net Profit Jumps 174% https://wittiya.com/market/shanti-gold-international-shares-surge-11-as-q1-net-profit-jumps-174/ Thu, 21 Aug 2025 07:06:52 +0000 https://wittiya.com/?p=13980 This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Shanti Gold International shares surged nearly 11 percent on August 21 following its Q1 FY26 results, which showed a 174 percent year-on-year jump in net profit to Rs 24.6 crore. The company’s strong revenue growth and robust post-listing performance have driven investor optimism in the newly-listed gold mining firm. Shanti Gold International Limited, headquartered in [...]

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This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Shanti Gold International shares surged nearly 11 percent on August 21 following its Q1 FY26 results, which showed a 174 percent year-on-year jump in net profit to Rs 24.6 crore. The company’s strong revenue growth and robust post-listing performance have driven investor optimism in the newly-listed gold mining firm.


Shanti Gold International Limited, headquartered in New Delhi, India, operates in the gold mining and precious metals sector. The company is engaged in exploration, mining, and production of gold, providing high-quality bullion and contributing to India’s growing precious metals market. Known for its efficient operations and sustainable mining practices, Shanti Gold International aims to maximize shareholder value while adhering to regulatory and environmental standards.

On August 21, 2025, the newly-listed shares of Shanti Gold International surged nearly 11 percent to trade at Rs 274 per share, marking the stock’s highest level since its listing. The rally follows the release of the company’s first quarter (Q1) financial results for FY26, which showcased strong growth in profitability and revenue.

For the April–June 2025 quarter, the company reported a net profit of Rs 24.6 crore, reflecting a 174 percent increase year-on-year (YoY) from Rs 8.99 crore in the same quarter of FY25. Revenue from operations rose 22 percent YoY to Rs 292.78 crore, compared to Rs 239.83 crore in Q1 FY25. Total expenses increased by 14 percent YoY to Rs 261 crore, contributing to healthy margin expansion.

Also Read: From ₹199 to ₹227.55: What Powered Shanti Gold’s Strong Debut?

Shanti Gold International released these results following its market debut on August 1, 2025, when its shares listed at Rs 227.55 on the NSE, a 14 percent premium over the IPO price of Rs 199 per share. Since listing, the stock has appreciated over 20 percent from the debut price and is up 38 percent from the IPO price, reflecting strong investor confidence.

The company’s post-listing performance highlights its potential as a high-growth player in India’s gold mining sector, with operational efficiency and financial stability underpinning its valuation. The stock currently trades at a price-to-earnings (P/E) ratio of around 72, indicating investor optimism in light of its earnings trajectory.

Also Read: Shanti Gold International Schedules Board Meeting to Announce Quarterly Financials

Shanti Gold’s robust Q1 FY26 results demonstrate the company’s ability to deliver strong financial performance post-IPO, making it an attractive consideration for investors seeking exposure to precious metals and gold mining equities in India.


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Shanti Gold International Schedules Board Meeting to Announce Quarterly Financials https://wittiya.com/corporates/board-meeting/shanti-gold-international-schedules-board-meeting-to-announce-quarterly-financials/ Wed, 13 Aug 2025 11:15:07 +0000 https://wittiya.com/?p=13185 This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Shanti Gold International Limited has scheduled a Board of Directors meeting on August 20, 2025, to review and approve the unaudited financial results for the quarter ended June 30, 2025, signaling the company’s commitment to transparency and regulatory compliance. Shanti Gold International Limited, headquartered in Mumbai, Maharashtra, India, is a leading company in the gold [...]

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This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Shanti Gold International Limited has scheduled a Board of Directors meeting on August 20, 2025, to review and approve the unaudited financial results for the quarter ended June 30, 2025, signaling the company’s commitment to transparency and regulatory compliance.


Shanti Gold International Limited, headquartered in Mumbai, Maharashtra, India, is a leading company in the gold and precious metals sector, engaged in refining, trading, and distribution of high-quality gold products across domestic and international markets.

In compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has informed stock exchanges about its upcoming Board Meeting on August 20, 2025. The meeting will primarily focus on the approval of the unaudited financial results for the quarter ending June 30, 2025.

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s internal Code of Conduct for Insider Trading, the trading window for directors, officers, and designated persons remains closed. The window will reopen 48 hours after the financial results are officially announced, ensuring adherence to insider trading rules.

Also Read: From ₹199 to ₹227.55: What Powered Shanti Gold’s Strong Debut?

Shareholders and investors can access this official intimation on the company’s website, emphasizing Shanti Gold International’s commitment to transparency, corporate governance, and timely financial disclosures.

For more information, Visit BSE.


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From ₹199 to ₹227.55: What Powered Shanti Gold’s Strong Debut? https://wittiya.com/ipo/mainboard/from-%e2%82%b9199-to-%e2%82%b9227-55-what-powered-shanti-golds-strong-debut/ Fri, 01 Aug 2025 05:48:05 +0000 https://wittiya.com/?p=12095 This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Shanti Gold International Ltd marked a strong entry into the Indian stock market on August 1, 2025, debuting at ₹227.55 on NSE, a 14.35% premium over its ₹199 issue price. The ₹360 crore IPO saw overwhelming demand with an 80.80x subscription, indicating high investor confidence in the company’s business model and future growth trajectory. Shanti [...]

Read the full article here: From ₹199 to ₹227.55: What Powered Shanti Gold’s Strong Debut? — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

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This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Shanti Gold International Ltd marked a strong entry into the Indian stock market on August 1, 2025, debuting at ₹227.55 on NSE, a 14.35% premium over its ₹199 issue price. The ₹360 crore IPO saw overwhelming demand with an 80.80x subscription, indicating high investor confidence in the company’s business model and future growth trajectory.


Shanti Gold International Ltd, based in Mumbai, Maharashtra, is a leading manufacturer of 22-karat CZ casting gold jewellery. Operating through a business-to-business (B2B) model, the company designs and supplies intricately crafted jewellery to corporate retailers and wholesalers across 15 Indian states and one union territory, along with select international markets. Its flagship clients include Joyalukkas, Lalitha Jewellery, and Alukkas Enterprises, among other top-tier jewellery houses.

The company boasts an integrated manufacturing ecosystem backed by CAD-led design capabilities, enabling it to cater to high-volume, high-variety demands. The product portfolio includes bangles, rings, chains, necklaces, bridal sets, and other fashion-centric ornaments, all designed to meet evolving aesthetic and regional preferences.

On August 1, 2025, Shanti Gold shares listed on the National Stock Exchange (NSE) at ₹227.55 — 14.35% above the issue price—while opening at ₹229.10 on the Bombay Stock Exchange (BSE), a 15.12% premium. The intraday movement reflected broad investor participation and strong institutional backing. The company’s market capitalization stood at ₹1,679.84 crore as per BSE data.

The IPO, which ran from July 25 to July 29, was met with overwhelming demand, being subscribed a massive 80.80 times, indicating a high level of confidence from retail, non-institutional, and qualified institutional buyers. The offering comprised a fresh issue of 1.81 crore equity shares, aggregating to ₹360.11 crore, without any offer-for-sale (OFS) component—ensuring that all raised funds go directly to the company.

Valuation & Financial Position:

At the upper end of the ₹189–₹199 price band, the IPO valued the company at a price-to-earnings (P/E) ratio of 25.7x, based on projected FY25 earnings. The post-issue valuation was calculated at ₹1,434.7 crore, suggesting optimistic growth expectations.

Also Read: Five Promising IPOs Signal Bright Future for Indian Capital Markets

Use of IPO Proceeds:

According to the company’s prospectus and investor communication, the funds raised through the IPO will be strategically deployed for:

Planned AllocationApproximate Amount
(₹ Crore)
Setting up a new facility in Jaipur₹110
Incremental working capital₹140
Repayment/prepayment of certain borrowings₹65
General corporate purposes₹45
Total₹360.11

The Jaipur facility will expand production capabilities, increase regional reach in North India, and enable faster lead times for B2B clients.

Industry Outlook:

The Indian gold jewellery market, especially the CZ (Cubic Zirconia) segment, has seen consistent demand from millennial buyers and middle-income households seeking affordable luxury. Shanti Gold’s ability to offer customized casting jewellery at scale places it in a unique position to leverage this trend. With a rising preference for branded, hallmarked, and certified jewellery, B2B-focused manufacturers like Shanti Gold are expected to benefit from structured retail expansion across Tier II and III cities.

Operational Footprint:

The company currently operates out of its manufacturing and administrative headquarters in Mumbai and maintains branch offices in Bengaluru, Chennai, Hyderabad, and other key metros. Its distribution network reaches jewellery hubs through strategic logistic tie-ups, ensuring timely delivery and consistent quality.


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Five Promising IPOs Signal Bright Future for Indian Capital Markets https://wittiya.com/ipo/five-promising-ipos-signal-bright-future-for-indian-capital-markets/ Thu, 05 Jun 2025 08:51:49 +0000 https://wittiya.com/?p=8805 This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India’s IPO market is heating up with SEBI approving five new public offerings across sectors. Vikram Solar, Shreeji Shipping Global, Dorf-Ketal Chemicals, A-One Steels India, and Shanti Gold International have received the regulatory green light to raise capital for expansion, debt reduction, and facility upgrades. The Securities and Exchange Board of India (SEBI) has approved [...]

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This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India’s IPO market is heating up with SEBI approving five new public offerings across sectors. Vikram Solar, Shreeji Shipping Global, Dorf-Ketal Chemicals, A-One Steels India, and Shanti Gold International have received the regulatory green light to raise capital for expansion, debt reduction, and facility upgrades.

The Securities and Exchange Board of India (SEBI) has approved initial public offering (IPO) plans for five companies across multiple sectors in India, reflecting strong investor interest and corporate growth strategies amid improving market sentiment.

The five companies—Vikram Solar (West Bengal), Shreeji Shipping Global (Gujarat), Dorf-Ketal Chemicals (Maharashtra), A-One Steels India (Telangana), and Shanti Gold International (Rajasthan)—are preparing to raise capital to expand capacity, reduce debt, and support operational growth.

Vikram Solar IPO

Kolkata-based Vikram Solar, a leading manufacturer of solar modules and renewable energy solutions, is planning an IPO consisting of a fresh issue of shares worth ₹1,500 crore and an offer for sale (OFS) of 17.45 million shares by promoters. Of the proceeds, ₹793.36 crore will go into establishing a 3,000-MW solar cell and module facility under its subsidiary VSL Green Power Pvt Ltd, while ₹602.95 crore will expand its current production capacity to 6,000 MW.

Shreeji Shipping Global IPO

Ahmedabad-headquartered Shreeji Shipping Global, which provides logistics solutions for dry bulk cargo, will offer a fresh issue of 2 crore shares. The company plans to utilize ₹289.4 crore to acquire supramax dry bulk carriers and ₹19.5 crore to reduce its existing debt burden.

Dorf-Ketal Chemicals IPO

Mumbai-based Dorf-Ketal Chemicals India, a specialty chemical manufacturer, is launching an IPO worth ₹5,000 crore. This includes a ₹1,500 crore fresh issue and ₹3,500 crore OFS by the Menon Family Holdings Trust. Proceeds will be used to repay ₹829 crore of debt, fund its subsidiary Dorf Ketal Chemicals FZE with ₹333 crore, and fulfill corporate requirements.

A-One Steels India IPO

Hyderabad-based A-One Steels India is eyeing ₹650 crore through its IPO, comprising ₹600 crore from fresh issuance and ₹50 crore via OFS by promoters. The funds will support its subsidiary Vanya Steels Pvt Ltd in acquiring equipment, upgrading facilities, and investing in group captive solar energy, along with debt repayment.

Shanti Gold IPO

Shanti Gold International, a Rajasthan-based gold jewelry manufacturer, will raise funds through a fresh issue of 1.8 crore shares. The ₹45.83 crore proceeds will fund a new facility in Jaipur, support ₹190 crore in working capital needs, repay ₹20 crore in debt, and fulfill general corporate objectives.

These IPOs highlight the increasing confidence among Indian companies in tapping capital markets, as well as the diverse industrial push across solar, logistics, chemicals, steel, and jewelry.

Read the full article here: Five Promising IPOs Signal Bright Future for Indian Capital Markets — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

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