India, July 22 -- Shanti Gold International Ltd. has announced public offering of 18096000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 189.00 per share. The gross proceeds of the issue are expected to be Rs 36,011.04 lakhs.

The company's initial public offer (IPO) will open on 25 July 2025 and is expected to close on 29 July 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 189.00-199.00 per share.

The IPO includes a fresh Issue of 18096000 Equity Shares of the Company at an price of Rs 199.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 75 shares with bids in multiples of 75.

Shanti Gold International Ltd. anticipates using the proceeds of t...