Mumbai, July 28 -- The initial public offer of Shanti Gold International received bids for 6,24,11,100 shares as against 1,26,67,200 shares on offer, according to stock exchange data at 17:00 IST on Monday (28 July 2025). The issue was subscribed 4.93 times.

The issue opened for bidding on 25 July 2025 and it will close on 29 July 2025. The price band of the IPO is fixed between Rs 189 and 199 per share. An investor can bid for a minimum of 75 equity shares and in multiples thereof.

The IPO consists of a fresh issue of 18,096,000 equity shares, aggregating up to Rs 360.11 crore. The objectives for the fresh issue include Rs 46.29 crore for funding of capital expenditure requirements towards setting up of the proposed Jaipur Facility, Rs...