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Sunil Gold India Submits Preliminary IPO Documents to Sebi
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Sunil Gold India to Float IPO, Files Draft Papers with Sebi
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News18
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07-03-2026, 11:00
Sunil Gold India to Float IPO, Files Draft Papers with Sebi
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Sunil Gold India Ltd has filed preliminary papers with Sebi to raise funds through an Initial Public Offering (IPO).
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The IPO comprises a fresh issue of 2 crore equity shares and an Offer for Sale (OFS) of up to 65 lakh shares by promoters Anil Jain and Shrenik Jain.
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The company plans to utilize Rs 200 crore from the fresh issue for working capital requirements and general corporate purposes.
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Founded in 2012 in Mumbai, Sunil Gold India is a B2B gold jewellery supplier, also exporting to UAE and Singapore.
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In FY25, the company processed 504.58 kg of gold and reported a revenue of Rs 521 crore.
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