Shanti Gold International Limited was originally formed as a partnership firm in the name and style of ‘M/s Shanti Gold’ pursuant to partnership deed dated August 05, 2003 with Pankajkumar H Jagawat and Manojkumar N Jain as its partners. Subsequently, by way of a restated partnership deed dated July 13, 2013, Mukesh Shantilal Jain, Rakesh Shantilal Jagawat, Shashank Bhawarlal Jagawat, Llalet Gulab Jagasia and Vikramsingh Prakash Verma joined as partners and the name of the firm was changed to ‘M/s. Shanti Gold International’. In accordance with the provisions of Part IX of the Companies Act, 1956, the partnership firm was converted to a public limited company under the name and style of ‘Shanti Gold International Limited’, and a fresh certificate of incorporation dated November 01, 2013 was issued by the RoC. The company was granted the certificate of commencement of business on November 22, 2013 by the RoC.
The company is one of the leading manufacturers of high-quality 22kt CZ casting gold jewellery, in terms of installed production capacity, specializing in the design and production of all types of gold jewellery. The company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.
It has a fully integrated in-house manufacturing setup, which enables it to exercise control over the quality of products and meet the standards expected by its customers. All aspects of design, manufacturing, and packaging have been carried out in-house, enabling it to create jewellery tailored to its clients' preferences. Its manufacturing and processing operations are carried out using machines such as casting machines, steamers, induction melter, air compressors, etc. Additionally, a significant portion of its production process relies on outsourced labour, particularly for the manual setting of stones, which requires precision and craftsmanship.
Business area of the company
The company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.
Products of the company
- Bangles
- Rings
- Necklace
- Jewellery set
Awards, accreditations, certifications and recognitions
- 2009: Received a certificate for lifetime membership of All India Gems and Jewellery Trade Federation.
- 2018: Received an award of appreciation for contributing to the successful achievement of Gem & Jewellery India International Fair from Chennai Trade Centre.
- 2018: Received an award for participation at Chennai Jewellery and Gem Fair by Chennai Jewellers Association.
- 2019: Received an award of appreciation for participating in the Gem & Jewellery India International Fair 2019 from Chennai Trade Centre.
- 2020: Received an award for participating in the Preferred Manufacturer of India (PMI 5) (2019-2020) from All India Gem and Jewellery Domestic Council.
- 2021: Received various certifications for using Hallmark upon Gold Jewellery and Artefacts- IS 1417: 2016 Gold and Gold Alloys, Jewellery/Artefacts - Fineness and Marking.
- 2024: Received an award for being the prime exhibitor at IIJS India International Jewellery Show from -the Gem & Jewellery Export Promotion Council (GJEPC).
- 2024: Received an award of appreciation for participating in India’s Largest B2B Exhibition for South Indian jewellery organized by the Jewellers and Diamond Traders Association - Madras.
- 2024: Received a certificate of Membership under Gold Jewellery Panel as Members for the year 2024-2025 by The Gem & Jewellery Export Promotion Council.
History and milestones
- 2003: Started the business as a partnership firm under the name and style of ‘M/s. Shanti Gold’.
- 2007-2008: Commenced sales of its products to customers in United Arab Emirates.
- 2012: Commenced sales of its products to retail businesses located in Kerela, Chennai, Andhra Pradesh, Punjab and Uttar Pradesh.
- 2013: Name of the partnership firm was changed from ‘M/s. Shanti Gold’ to ‘M/s. Shanti Gold International’.
- 2013: Converted the partnership firm into a public limited company on November 1, 2013 under the name and style of ‘Shanti Gold International Limited’.
- 2022: The company produced more than 1,000.00 kgs of 22kt CZ casting gold jewellery.
- 2024: Shifted its manufacturing facilities by setting up a new facility in Mumbai having an installed production capacity of 2,700 kilo grams per annum.
- 2025: The company crossed annual turnover of Rs 11,000 million.