Shanti Gold International Ltd
Draft Letter of Offer - Rights Issue
FUNDRAISE
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 30 Jun 2026, 05:05 PM IST · BSE ID: 49cc93da-266c-47da-b2b8-4e0b7abb961c
View Original BSE Filing (PDF)
💡
In Simple Terms
Shanti Gold International is planning to sell new shares to its current owners to raise funds.
🤖 AI Summary
- Shanti Gold International proposes a Rights Issue to raise up to Rs. 100 crore.
- The issue involves fully paid-up Equity Shares of face value Rs. 10 each.
- Terms and record date for eligible shareholders will be notified subsequently.
- A Draft Letter of Offer detailing the terms has been filed with the exchanges.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Proposed Rights Issue Amount
Rs. 100 crore
Face Value per Equity Share
Rs. 10/-
Total Issue Size (Assuming Full Subscription)
Rs. 1,000.00 million
🏢 How This Affects the Company
The Rights Issue aims to raise capital, which can be used for business expansion or debt reduction, potentially strengthening the company's financial position.
Raising Rs. 100 crore will increase the company's equity capital. Dilution for existing shareholders will depend on the issue price and subscription levels.
The fundraising process itself carries execution risk, and the deployment of the raised funds will determine future risk-reward.
👥 What This Means For Shareholders
✅
Action Required
Eligible shareholders should await further announcements regarding the terms, record date, and subscription process for the Rights Issue.
👤
Who Is Affected
All eligible equity shareholders as on the determined record date will be offered the opportunity to subscribe to new shares.
🔍
Management Signal
Management is signaling intent to raise capital from existing shareholders to fund company objectives.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Announcement of Rights Issue price.
Notification of the record date for the issue.
Details on the rights entitlement ratio.
MEDIUM RISK
Rights Issues can dilute existing shareholding if not subscribed to, and capital deployment risks exist.
💡 Investor Takeaway
Shanti Gold International plans a Rights Issue of up to Rs. 100 crore for eligible shareholders. Key terms and record date are yet to be announced.
⚖️ Strengths & Concerns
✅ Positives
- Company is seeking to raise substantial capital up to Rs. 100 crore.
- Proposal is structured as a Rights Issue, offering existing shareholders preemptive rights.
⚠️ Concerns
- Specific details on issue price, ratio, and record date are pending.
- Details on the utilization of the Rs. 1,000.00 million raised capital are not specified in the filing.
📅 Company Track Record
Shanti Gold International was incorporated on November 1, 2013, converting from a partnership firm established in August 2003.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is Shanti Gold International Limited proposing?
Shanti Gold International Limited is proposing a Rights Issue of fully paid-up Equity Shares to raise up to Rs. 100 crore.
What is the total amount Shanti Gold International aims to raise?
The company aims to raise an amount not exceeding Rs. 100 crore, equivalent to Rs. 1,000.00 million, assuming full subscription.
Who is eligible to participate in the proposed Rights Issue?
The Rights Issue is proposed to be offered to the eligible equity shareholders of the Company as on the record date, which is yet to be determined.
What is the face value of the equity shares proposed in the Rights Issue?
The fully paid-up Equity Shares proposed in the Rights Issue have a face value of Rs. 10/- each.
Questions based on this BSE filing only. For information purposes.