SHANTIGOLD NSE filing

Shanti Gold International: IPO Proceeds Utilization Report for Q4 FY26 Shows No Deviation

The RealCase readLow impact Neutral

Shanti Gold International's IPO proceeds utilization report for Q4 FY26 shows no deviation from stated objects. Total IPO size was ₹360.11 crore. Unutilized amount stands at ₹45.25 crore, primarily in fixed deposits. The Audit Committee reviewed the report on May 11, 2026.

Why it matters

This is a standard regulatory filing and does not introduce new material information that would significantly impact the company's stock or operations.

The market read

The announcement is a routine monitoring agency report confirming no deviation in IPO fund utilization, which is a neutral development.

Shanti Gold International Limited has submitted its Monitoring Agency Report for the quarter ended March 31, 2026, concerning the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by Acuite Ratings & Research Limited, indicates no deviation from the stated objects of the IPO.

The Audit Committee reviewed the statement on May 11, 2026. The total IPO issue size was ₹360.11 crore. Key utilizations include ₹46.30 crore for capital expenditure towards setting up the Proposed Jaipur Facility, ₹200.00 crore for funding working capital requirements, ₹17.00 crore for repayment of borrowings, ₹46.01 crore for general corporate purposes, and ₹50.80 crore for issue-related expenses.

As of March 31, 2026, the total unutilized amount was ₹45.25 crore. Of this, ₹44.18 crore was deployed in Fixed Deposits, ₹0.29 crore was maintained in a monitoring agency account, and ₹0.79 crore was available in the public issue account. The report confirms that all utilizations align with the disclosures in the Offer Document, and no material deviations were observed.

Filing to action

What to do with a filing like this

Shanti Gold International Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Shanti Gold International Limited. Read the original for the full detail.

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