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Shanti Gold International IPO Allotment Status Finalised Today Amid Heavy Subscription

By Shishta Dutta | Updated at: Jul 31, 2025 03:31 PM IST

Shanti Gold International IPO Allotment Status Finalised Today Amid Heavy Subscription
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Mumbai, July 30, 2025 – Shanti Gold International Ltd has finalised the allotment status for its ₹360 crore initial public offering (IPO) today, July 30, 2025. Investors can check their allotment results on the BSE, NSE, or Bigshare Services portals using their PAN, application number, or DP ID. The company is scheduled to list on both the NSE and BSE on August 1, 2025.

The IPO witnessed an overwhelming response from investors across all categories, with an overall subscription of 81.17 times. Non-Institutional Investors (NIIs) led the subscription with 151.48 times, followed by Qualified Institutional Buyers (QIBs) at 117.33 times, and Retail Investors at 30.37 times. The issue received over 23.14 lakh applications in total, highlighting strong investor interest.

Shanti Gold also raised ₹108 crore through anchor investors, including prominent names like Societe Generale, Meru Investment Fund, and Rajasthan Global Securities. This pre-IPO participation reflected strong institutional confidence in the company’s growth prospects.

Allotted shares will be credited to successful applicants’ demat accounts on July 31, 2025, and refunds for unallocated bids will also be processed on the same day.

Shanti Gold IPO Allotment Status on BSE: Fastest Way to Know If You Got Shares

The Bombay Stock Exchange (BSE) provides one of the quickest and simplest ways to check your IPO allotment without needing login credentials or OTPs.

Steps to check via BSE:

  • Visit: https://www.bseindia.com/investors/appli_check.aspx
  • Choose ‘Equity’ under Issue Type
  • Select ‘Shanti Gold International Ltd’ from the dropdown
  • Enter your Application Number or PAN
  • Complete the CAPTCHA and click ‘Search’

NSE Portal Offers Bid Confirmation and Allotment Updates Together

The National Stock Exchange (NSE) portal allows investors to confirm successful bid submission and check allotment status, once synced with the registrar.

Steps to check via NSE:

  • Go to: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
  • Select ‘Equity & SME IPO bid details’
  • Choose ‘Shanti Gold International Ltd’
  • Enter your PAN and Application Number
  • Click ‘Submit’

Registrar Bigshare Portal: Official Source for Final Allotment Results

Bigshare Services Pvt Ltd, the official registrar to the Shanti Gold IPO, will publish allotment results directly on its website — the most authoritative source for confirmed status.

Steps to check via Bigshare:

  • Visit: https://www.bigshareonline.com/ipo_allotment_status.aspx
  • Under ‘Server – 1’, select ‘Shanti Gold International Ltd’
  • Choose:
    • PAN Number
    • Application Number
    • DP/Client ID
  • Enter the CAPTCHA and click ‘Search’

IPO Subscription Recap (Final as of July 29, 2025 – 7:00 PM)

The ₹360 crore IPO of Shanti Gold International Ltd witnessed an overwhelming investor response, with the final subscription figures as of July 29, 2025, 7:00 PM reflecting robust demand across all categories. Qualified Institutional Buyers (QIBs) subscribed 117.33 times their allotted quota of 36,19,200 shares, while Non-Institutional Investors (NIIs) bid for 41.11 crore shares against 27,14,400 on offer, resulting in a massive oversubscription of 151.48 times. Retail Individual Investors (RIIs) also showed strong interest, subscribing 30.37 times to the 63,33,600 shares reserved for them. Overall, the IPO was subscribed 81.17 times.

Shanti Gold IPO: Key Allotment Information to Keep in Mind

Given the overwhelming demand, especially from retail and institutional categories, allotment is expected to be highly competitive:

Retail Investors:

For retail investors, the allotment will be carried out through a lottery system, as is standard in oversubscribed issues. Due to the high number of applications, many investors may not receive any shares despite placing bids at the cut-off price.

High Net-Worth Individuals (HNIs) and QIBs:

For High Net-Worth Individuals (HNIs) and Qualified Institutional Buyers (QIBs), the allotment will be done on a proportional basis. Allocations in these categories will depend on the volume of shares bid and the number of lots applied for, meaning investors who placed larger bids are likely to receive relatively higher allotments.

IPO Timeline

Event Date
Allotment Finalisation July 30, 2025
Refunds Initiated July 31, 2025
Shares Credited to Demat July 31, 2025
Listing Date August 1, 2025

Company Background

Shanti Gold International Ltd, based in Mumbai, is a leading manufacturer of 22kt cubic zirconia (CZ) casting gold jewellery. The company exports its products to key international markets including the UAE, USA, Singapore, and Qatar. To support its growth strategy, Shanti Gold is establishing a new state-of-the-art manufacturing facility in Jaipur, with the expansion being financed through proceeds from its recent IPO.

Next Up: Shanti Gold will debut on NSE and BSE on August 1, 2025.

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Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

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