Shanti Gold International to debut today; GMP points to mild listing pop

Shanti Gold International is poised for its stock market debut, anticipating a modest 17% listing premium based on grey market trends. The IPO, which was oversubscribed 80 times, will fund a new Jaipur facility, working capital, and debt reduction. While the company reported strong revenue and profit growth, analysts note its premium valuation amid a competitive market.

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