Comparison between Shanti Gold International IPO and Shringar House of Mangalsutra IPO.
Shanti Gold International IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shringar House of Mangalsutra IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Shanti Gold International IPO is up to ₹360.11 Cr whereas the issue size of the Shringar House of Mangalsutra IPO is up to ₹400.95 Cr. The final issue price of Shanti Gold International IPO is ₹199.00 per share and of Shringar House of Mangalsutra IPO is ₹165.00 per share.
| Shanti Gold International IPO | Shringar House of Mangalsutra IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹189.00 per share | ₹155.00 per share |
| Issue Price (Upper) | ₹199.00 per share | ₹165.00 per share |
| Issue Price (Final) | ₹199.00 per share | ₹165.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 75 shares | 90 shares |
| Fresh Issue Size | 1,80,96,000 shares | 2,43,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹360.11 Cr | up to ₹400.95 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,80,96,000 shares | 2,43,00,000 shares |
| Issue Size Total (Amount) | up to ₹360.11 Cr | up to ₹400.95 Cr |
Shanti Gold International IPO opens on Jul 25, 2025, while Shringar House of Mangalsutra IPO opens on Sep 10, 2025. The closing date of Shanti Gold International IPO and Shringar House of Mangalsutra IPO is Jul 29, 2025, and Sep 12, 2025, respectively.
| Shanti Gold International IPO | Shringar House of Mangalsutra IPO | |
|---|---|---|
| Anchor Bid Date | Jul 24, 2025 | Sep 09, 2025 |
| Issue Open | Jul 25, 2025 | Sep 10, 2025 |
| Issue Close | Jul 29, 2025 | Sep 12, 2025 |
| Basis Of Allotment (Tentative) | Jul 30, 2025 | Sep 15, 2025 |
| Initiation of Refunds (Tentative) | Jul 31, 2025 | Sep 16, 2025 |
| Credit of Share (Tentative) | Jul 31, 2025 | Sep 16, 2025 |
| Listing date (Tentative) | Aug 01, 2025 | Sep 17, 2025 |
| Anchor Lockin End date 1 | Aug 29, 2025 | Oct 15, 2025 |
| Anchor Lockin End date 2 | Oct 28, 2025 | Dec 13, 2025 |
Shanti Gold International IPO P/E ratio is 19.24, as compared to Shringar House of Mangalsutra IPO P/E ratio of 19.47.
| Shanti Gold International IPO | Shringar House of Mangalsutra IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)Shanti Gold International Ltd.'s revenue increased by 56% and profit after tax (PAT) rose by 108% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Shringar House of Mangalsutra Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 96% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.89 | 74.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.24 | 19.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1434.71 Cr. | ₹1591.13 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.70% | 32.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.60 | 0.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.34 | ₹8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 44.85% | 36.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Shanti Gold International IPO Retail Individual Investors (RII) are offered 63,33,600 shares while in Shringar House of Mangalsutra IPO retail investors are offered 63,33,600 shares. Qualified Institutional Buyers (QIB) are offered 36,19,200 shares in Shanti Gold International IPO and 48,56,000 shares in Shringar House of Mangalsutra IPO.
| Shanti Gold International IPO | Shringar House of Mangalsutra IPO | |
|---|---|---|
| Anchor Investor Reservation | 54,28,800 shares | 72,84,000 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 36,19,200 shares | 48,56,000 shares |
| NII | 27,14,400 shares | 36,42,000 shares |
| RII | 63,33,600 shares | 84,98,000 shares |
| Employee | 0 shares | 20,000 shares |
| Others | ||
| Total | 1,80,96,000 shares | 2,43,00,000 shares |
Shanti Gold International IPO subscribed 80.78x in total, whereas Shringar House of Mangalsutra IPO subscribed 60.31x.
| Shanti Gold International IPO | Shringar House of Mangalsutra IPO | |
|---|---|---|
| QIB (times) | 117.33x | 101.41x |
| NII (times) | 151.17x | 82.58x |
| Big NII (times) | 173.08x | 83.95x |
| Small NII (times) | 107.35x | 79.83x |
| RII (times) | 29.73x | 27.26x |
| Employee (times) | 69.81x | |
| Other (times) | ||
| Total (times) | 80.78x | 60.31x |
