| Issue Size | ₹99.83 CrRights Issue |
|---|---|
| Market Cap | ₹1,558.14 CrCurrent Cap |
| P/E Ratio | 9.71Sector PE 38.72 |
| Promoter Holding | 74.89%No Qtr Change |
| Deal value | ₹99.83 Cr |
| Share of market cap | 6.4% |
Key highlights
- Issue price fixed at ₹215 per share, including a premium of ₹205 over the ₹10 face value
- Rights Entitlement Ratio set at 19 equity shares for every 295 shares held by eligible investors
- Record date for determining shareholder eligibility is fixed as August 06, 2026
- Issue period scheduled to open on August 14, 2026, and conclude on August 21, 2026
- Post-issue outstanding equity shares will increase to 7,67,39,471 assuming full subscription
Details of the Rights Issue
Shanti Gold International has finalized terms for a capital infusion through the issuance of 46,43,471 fully paid-up equity shares. The issue price of ₹215 per share reflects a significant premium over the face value, with the total raise amounting to ₹99,83,46,265 assuming full subscription. This move follows the in-principle approvals received from the National Stock Exchange of India and BSE Limited on July 23, 2026.
The company has coordinated with NSDL and CDSL to facilitate the credit of rights entitlements in dematerialized form to eligible shareholders holding stock as of the August 6 record date.
Important Dates and Entitlements
- Rights Issue Opening Date: Friday, August 14, 2026
- Last Date for On-Market Renunciation: Tuesday, August 18, 2026
- Last Date for Off-Market Renunciation: Thursday, August 20, 2026
- Rights Issue Closing Date: Friday, August 21, 2026
- Entitlement Ratio: 19 Rights Equity Shares for every 295 Equity Shares held
Financial and Valuation Profile
The fundraising initiative is supported by strong financial metrics, including a trailing twelve-month operating revenue of ₹2,018.71 crore and a return on equity of 23.42%. In the most recent quarter, the company reported a year-on-year revenue growth of 121.65% and a net profit surge of 171.32%. Despite this growth, the stock trades at a price-to-earnings ratio of 9.71, which remains well below the industry average of 35.87.
Shanti Gold maintains a high promoter holding of 74.89% and holds a durability score of 75, indicating a robust financial health profile amidst its expansion efforts.
Industry and Company Overview
Shanti Gold International operates in the Gems and Jewellery sector, specializing in the manufacturing and wholesale of diverse jewelry products. Based in the MIDC industrial area of Mumbai, the company is positioning itself to capture demand in a sector that has seen 22% quarterly revenue growth. This rights issue will expand the equity base from 7.21 crore shares to 7.67 crore shares.
Fractional entitlements will be ignored during computation, but such shareholders will receive preferential consideration for the allotment of one additional share if they apply for more than their entitlement, ensuring broader participation from the existing retail base.
| Share price | ₹216.12 |
|---|---|
| Market capitalisation | ₹1,558.14 Cr |
| Revenue (annual) | ₹2,018.71 Cr |
| Net profit (annual) | ₹140.15 Cr |
| Revenue (latest quarter) | ₹658.93 Cr+3.45% vs previous quarter |
| Net profit (latest quarter) | ₹51.93 Cr+29.40% vs previous quarter |
| P/E (TTM) | 9.71×Sector 38.72× |
| Promoter holding | 74.89%0.00% QoQ |
| FII holding | 1.92%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Shanti Gold International Ltd announcing the terms and schedule of its upcoming ₹99.83 crore rights issue. Market figures from a third-party data provider.
