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Shanti Gold debuted on India's stock market with shares opening 15% above the issue price.
Shanti Gold, a gold jewelry manufacturer, made its stock market debut on August 1, 2025, listing on the BSE and NSE.
Shares opened at a 15% premium to the issue price of ₹199, at ₹229.10.
The IPO, which raised ₹360.11 crore, was subscribed 81.17 times.
Shanti Gold plans to use the funds for a new facility in Jaipur, working capital, and debt repayment.
The company reported strong financial growth but analysts advise caution due to market competition.
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Shanti Gold debutó en el mercado de valores de la India con acciones que abrieron un 15% por encima del precio de emisión.