Shanti Gold International Limited IPO Review
Neutral189-199 · Mainboard
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Analyst Verdict
Shanti Gold International Limited IPO
Neutral
IPO at a Glance
Price Band
189-199
Issue Size
360cr
Opens
2025-07-23
Closes
2025-07-27
Listing
2025-07-30
Category
Mainboard
Key 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.
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.
Frequently Asked Questions
Should I apply for Shanti Gold International Limited IPO?
Based on our analysis, our rating for Shanti Gold International Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Shanti Gold International Limited IPO?
Significant delays in TDS payments potentially incur penalties. Heavy reliance on in-house manufacturing may impede flexibility. Critical skilled personnel departure could disrupt operations.
What are the strengths of Shanti Gold International Limited IPO?
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.
What is the price band of Shanti Gold International Limited IPO?
The price band for Shanti Gold International Limited IPO is 189-199. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more