SHANTIGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shanti Gold International filed its Q2 FY26 Monitoring Agency Report (period ended September 30, 2025) from Acuité Ratings, covering how the company is using money raised from its July 2025 IPO of INR 360.11 crore gross (INR 309.31 crore net). Working capital needs (INR 200 crore) and loan repayment (INR 17 crore) have been fully utilized, and INR 45.36 crore of the INR 46.01 crore allocated for general corporate purposes has been spent. The INR 46.30 crore meant for setting up the proposed Jaipur facility has not been deployed yet and remains parked in fixed deposits earning around 5-6.3% returns. No deviation from the stated objects was found, and no shareholder approval for material deviations was needed.
This is a clean report with no red flags — IPO funds are being used as disclosed, which is reassuring for shareholders. The only point to watch is the delay in deploying capital for the Jaipur facility, though the funds are earning interest in safe FDs rather than sitting idle, so there is no immediate concern for the stock.