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Subscribe for Shanti Gold International Ltd IPO; Anand Rathi

Anand Rathi, has come out with its report on Shanti Gold International Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on July 23, 2025.

July 23, 2025 / 13:20 IST
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IPO

Anand Rathi, Shanti Gold International Ltd

Shanti Gold International Limited is one of the leading manufacturers of high-quality 22kt CZ casting gold jewellery, in terms of installed production capacity, specializing in the design and production of all types of gold jewellery. The company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and dailywear jewellery.

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Valuation and Outlook

Given these strengths, the IPO appears fully priced, and a “SUBSCRIBE – LONG TERM” recommendation is advised.