Shanti Gold International sets IPO price band at Rs 189–199 apiece; issue opens July 25

Shanti Gold International is launching its Rs 360 crore IPO, priced between Rs 189 and Rs 199 per share, opening on July 25. The company intends to use the funds for expansion, working capital, and debt repayment. Despite a neutral grey market premium, Shanti Gold boasts strong financials and established client relationships, potentially attracting investor interest.