Sunil Gold India IPO - Date, Price Band & Details

Founded in 2012, Sunil Gold India is a Mumbai-based jewellery company run by the Jain family. They don't run retail stores or sell to walk-in customers. Instead, they work entirely behind the scenes — designing 22-karat gold jewellery and supplying it to the big organised retail chains that do.

The work itself is rooted in craft. Every piece is handmade by skilled karigars — independent artisans who do the actual making. The company handles design, quality checks, and client relationships. That division of labour has kept the team surprisingly small: just 41 permanent staff as of late 2025, even as the business has scaled considerably.

The design catalogue now runs to over 80,000 pieces — maang-tikkas, chokers, bangles, bridal sets, temple-style necklaces, occasion wear across multiple weight categories. Retailers can order from existing collections or come with specific requirements. Both options are on the table. The portfolio gets refreshed regularly based on what customers are actually ordering, not just what looks good internally.

Geography matters here. The company is concentrated in south and west India, which together account for the bulk of organised gold retail in the country. As of September 2025, it was serving customers across eight states and one union territory.

Financially, the trajectory has been steep. Revenue was ₹242 crore in FY23. By FY25 it had crossed ₹521 crore. Profit after tax went from ₹3.6 crore to ₹30 crore in the same window. The first half of FY26 brought in ₹414 crore on its own. The company filed its draft red herring prospectus with SEBI in March 2026, with a public listing planned.

Promoters Prem, Anil, and Shrenik Jain remain at the helm. The registered office sits in the Pydhonie area of Mumbai — historically one of the city's oldest jewellery trading neighbourhoods.