Giftex.in’s Modern & Contemporary Art Auction delivered strong results; here are the top lots that surpassed estimates
Himmat Shah’s Sculptural Works See Major Uptick in Total Lots Sold
From 9 lots in 2021 to 35 in 2025, Shah has rapidly emerged as one of India’s most active sculptors at auction
Himmat Shah stands out as one of India’s most prolific sculptors, selling more than 74 works at auction in the last two years alone. Annual lots sold show sharp growth: 9 in 2021, 16 in 2022, 26 in 2023, 41 in 2024, and 33 in 2025. Total lots sold between 2021 and 2025 reached 125.
This volume aligns with his rising profile, fueled by bronzes, terracottas, stone heads, torsos, and works on paper. Between 2021 and 2025, Shah’s works gained a higher sell-through rate, with 71 lots selling between ₹10 lakh to ₹50 lakh. In 2025, 69.7% of lots sold were between ₹10 and ₹50 lakh.
Price breakdowns highlight the momentum. For 2025: 7 up to ₹10 lakh, 23 from ₹10 lakh–₹50 lakh, and 3 from ₹50 lakh–₹1 crore. Across 2021–2025: 47 up to ₹10 lakh, 71 from ₹10 lakh–₹50 lakh, 6 from ₹50 lakh–₹1 crore, and 1 from ₹1–10 crore.
These figures underscore sustained collector engagement with Shah’s elemental to monumental sculptures.
Read the full story in the premiere issue of LuxeTrope, on stands now.
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