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  1. Shanti Gold International IPO booked over 77 times so far on day 3; check allotment steps

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Shanti Gold International IPO booked over 77 times so far on day 3; check allotment steps

SUMMARY

Shanti Gold International IPO, with a price band of ₹189 to ₹199 per share, is solely a fresh issuance of 1.81 crore shares valued at ₹360.11 crore at the upper end of the price band, without an offer-for-sale (OFS) component.

Shanti Gold International manufactures high-quality 22kt CZ casting gold jewellery. | Image: Shantigold.in

Shanti Gold International manufactures high-quality 22kt CZ casting gold jewellery. | Image: Shantigold.in

Shanti Gold International IPO: The initial public offering of Shanti Gold International Ltd received 77.73 times subscription on the final day of bidding on Tuesday, July 29.

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The initial share sale got bids for 98,45,69,850 shares against 1,26,67,200 shares on offer, according to NSE data until 3:48 pm.

The non-institutional investors part got subscribed 150.17 times, while the quota for retail individual investors (RIIs) attracted 27.25 times subscription. The Qualified Institutional Buyers (QIBs) portion got subscribed 111.72 times.

The IPO, with a price band of ₹189 to ₹199 per share, is solely a fresh issuance of 1.81 crore shares valued at ₹360.11 crore at the upper end of the price band, without an offer-for-sale (OFS) component.

Proceeds of the public offer will be utilised for establishing a facility in Jaipur, funding the incremental working capital needs, payment of debt, and serving general corporate purposes.

Steps to check Shanti Gold IPO allotment status online on NSE

How to check Shanti Gold IPO allotment status online on BSE

Shanti Gold International IPO allotment status online on Bigshare Services: Step-by-step guide

  • On the Bigshare Services portal, head to this link: www.bigshareonline.com/ipo_Allotment.html
  • Select any server from the three options
  • Pick 'Shanti Gold International' from IPO names
  • Enter any of these—application number, beneficiary ID, or PAN
  • Click the 'Search' button

Shanti Gold specialises in the design and production of various types of gold jewellery. Choice Capital Advisors is the only book-running lead manager to the issue.

The company's equity shares will list on August 1.

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