Shankesh Jewellers
25 Aug '26MAINBOARD
Min. Investment
₹14,080
Issue size
₹367.18 Cr
GMP
Locked
Overall subscription: 0.36x
Expert verdict
IPO dates
18 Aug
Opening
20 Aug
Closing
21 Aug
Allotment
25 Aug
Listing
*Refunds will be initiated on 24 Aug '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 160 | ₹14,880 |
| HNI (Min) | 14 | 2240 | ₹2,08,320 |
Subscription (as on 18 August 2026, 05:30 PM)
Overall0.36x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2005|MD: Mr. Manoj Kantilal Jain
- Shankesh Jewellers Limited is engaged in the business of hand-crafted gold jewellery and provides jewellery customisation and job work services. The company offers 22-karat and 18-karat gold jewellery, including bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangalsutras, rings and combined jewellery sets. Its portfolio includes antique, semi-antique, Calcutta, temple, Gheru polish, and yellow, rhodium, and rose gold jewellery.
- The company follows an asset-light model and does not manufacture jewellery in-house. Production is outsourced to specialised karigars through third-party job workers, while the company manages designing, material sourcing, customisation and delivery of finished jewellery. Shankesh Jewellers operates from its office in Mumbai, Maharashtra, and supplies its products to corporate and non-corporate clients across India. Its customer network spans 21 states and four Union Territories.
- Use of proceeds:
- This is a combination of a fresh issue of shares and an offer for sale. Therefore, the net proceeds from the offer for sale will go to the selling shareholders, whereas the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes:
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company — Rs 158 crore
- Funding working capital requirements of the company — Rs 38 crore
- General corporate purposes
Issue Details & Objective
Lot size
160 Shares
Price band
₹88 to 93
Face value
₹5 per share
Financials
IPO reservation
Anchor investor - 30.00%
QIB - 20.00%
HNI - 15.00%
Retail - 35.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Shankesh Jewellers IPO is ₹367.18 Cr
The Shankesh Jewellers IPO will be open for applications from 18 Aug '26 to 20 Aug '26
The lot size of Shankesh Jewellers IPO is 160 Shares and its minimum investment amount is ₹14,080.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Shankesh Jewellers IPO is null
