Subscription Status · Jul 25 – Jul 29, 2025 · ₹189–199
The Shanti Gold International IPO subscription has recorded exceptional investor demand with an overall subscription of 81.17× as of Aug 01, 2025, indicating that investors applied for 81.17 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Aug 01, 2025, 9:25 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
3,619,200 | 424,633,800 |
117.33×
|
|
NII
Non-Institutional Investors
|
2,714,400 | 411,186,975 |
151.48×
|
|
bNII
Bids above ₹10L
|
1,809,600 | 313,213,875 |
173.08×
|
|
sNII
Bids below ₹10L
|
904,800 | 97,973,100 |
108.28×
|
|
Retail
Retail Individual Investors
|
6,333,600 | 192,378,000 |
30.37×
|
|
Total
|
12,667,200 | 1,028,198,775 |
81.17×
|
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,619,200 | 424,633,800 | 117.33× |
| NII | 2,714,400 | 411,186,975 | 151.48× |
| bNII | 1,809,600 | 313,213,875 | 173.08× |
| sNII | 904,800 | 97,973,100 | 108.28× |
| Retail | 6,333,600 | 192,378,000 | 30.37× |
| Total | 12,667,200 | 1,028,198,775 | 81.17× |
As of August 01, 2025, the Shanti Gold International IPO has been subscribed 81.17 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Shanti Gold International IPO subscription window was open from July 25, 2025 to July 29, 2025. Investors could apply through their demat account or ASBA facility.
The Shanti Gold International IPO has a price band of ₹189 to ₹199 per share, with a lot size of 75 shares. Minimum retail investment: ₹14,175 (lower band) or ₹14,925 (upper band).
The QIB category has been subscribed 117.33 times. QIBs were offered 3,619,200 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 30.37 times. Retail was offered 6,333,600 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 151.48×. bNII (>₹10L): 173.08×, sNII (<₹10L): 108.28×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on July 30, 2025. Check via the registrar's website, Bigshare Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Shanti Gold International IPO is expected to list on August 01, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 81.17× means investors have bid for 81.17 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 30.37×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Shanti Gold International IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jul 25 to Jul 29, 2025.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Shanti Gold International IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jul 25, 2025Subscription Closes Done
Jul 29, 2025Basis of Allotment Done
Jul 30, 2025Listing on NSE,BSE Done
Aug 01, 2025Lottery-based allotment. Based on retail subscription of 30.37×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.