Shanti Gold International files IPO papers with Sebi

PTILast Updated: Jan 14, 2025, 06:59:00 PM IST

Synopsis

Shanti Gold International has submitted draught papers to Sebi for an IPO to contented 1.8 crore caller equity shares. Funds volition beryllium utilized for a caller Jaipur facility, moving capital, indebtedness payment, and firm purposes. The company, known for golden jewellery, reported accrued gross and nett successful FY24. Choice Capital Advisors is the pb manager.

Manufacturer of golden jewellery Shanti Gold International has filed draught papers with markets regulator Sebi to mobilise funds done an initial nationalist offering (IPO). The IPO is wholly a caller contented of 1.8 crore equity shares, according to the draught reddish herring prospectus (DRHP) filed connected Monday.

Proceeds from the caller contented to the grade of Rs 45.83 crore volition beryllium utilized for mounting up of the Jaipur facility...