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Shankesh Jewellers Ltd IPO

NSE & BSE Bookbuilding IPO Fresh capital cum OFS Closed
GMP +₹2 +2.15% Est. Listing ₹95 P&L/Lot +₹320
Issue Price
₹93
Face ₹5
GMP
+₹2
+2.15% premium
Est. Listing
₹95
GMP based
Subscribed
2.37
⚠️ Moderate
Min Amount
₹14,880
1 lot · 160 shares
Lot Size
160
shares / lot
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
18 Aug 2026
Tue Completed
Done
Close Date
20 Aug 2026
Thu Completed
Done
Allotment
21 Aug 2026
Fri Completed
Done
Refund
24 Aug 2026
Mon Completed
Done
Demat Credit
24 Aug 2026
Mon Completed
Done
Listing Date
25 Aug 2026
Tue Completed
Issue Details
Pricing & Size
Issue Price
₹93 Face ₹5
Lot Size
160 shares
Min Investment
₹14,880
Total Issue Size
3,94,82,000 shares (agg. up to ₹367 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
19741000.00
NII / HNI
5922300.00
Retail
13818700.00
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
11,75,49,420 shares
Post-Issue Shareholding
14,70,31,420 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 160 14,880
Objects of Issue
3 objectives
1
Repayment/pre-payment, in full or part, of certain borrowings
158.00 Cr
2
Funding working capital requirements
38.00 Cr
3
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Aryaman Financial Services Ltd
Smart Horizon Capital Advisors Pvt.Ltd
IPO Timeline
Open
18 Aug
✓ Done
Close
20 Aug
✓ Done
Allotment
21 Aug
✓ Done
Listing
25 Aug
✓ Done
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
040-79615565
Email
shankesh.ipo@kfintech.com
Company Contact
Email
cs@shankeshjewellers.com
Phone
+91 22234700089
Address
Office No. 12, 3rd Floor, 101 Mumbadevi Diamond Premises Co- Op, Society Ltd Zaveri Bazar Mumbai, Maharashtra, 400002
Grey Market Premium
LIVE
Current GMP
+₹2
+2.15% vs Issue Price
Issue Price
₹93
Est. Listing
₹95
Lot Size
160 shares
P&L / Lot
+₹320
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
2.37
Overall Sub.
⚠️ Moderate
1.37
QIB
2.37
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1.37× 1,97,41,000 2,71,24,480 ₹252.26 Cr
NII / HNI (Total) 5.68× 59,22,300 3,36,26,560 ₹312.73 Cr
Retail Investors 2.37× 1,38,18,700 3,27,85,600 ₹304.91 Cr
Market Maker * 1× — — —
Total ** 2.37× 3,94,82,000 9,35,36,640 ₹869.89 Cr
* Based on ₹93.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,97,41,000
NII
59,22,300
Retail
1,38,18,700
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue1630.931403.941061.91
PAT106.6840.3112.82
EBITDA157.9065.3528.60
Net Worth209.43100.6060.29
Total Assets403.76249.56177.07
Reserves150.6590.8357.50
Borrowings167.30145.63109.81
Key Financial Ratios
50.94
ROE
Return on Equity
41.57
ROCE
Return on Capital Employed
50.94
RONW
Return on Net Worth
6.54
PAT Margin
PAT / Revenue
9.68
EBITDA Mgn
EBITDA / Revenue
0.80
D/E Ratio
Debt to Equity
9.08
Pre EPS
EPS Pre-Issue
7.26
Post EPS
EPS Post-Issue
10.24
Pre P/E
P/E Pre-Issue
12.81
Post P/E
P/E Post-Issue
About Shankesh Jewellers Ltd

Incorporated in 2005, Shankesh Jewellers Limited is engaged in the business of manufacturing and providing customised handcrafted gold jewellery. The company specialises in 22-karat and 18-karat gold jewellery, offering a wide product portfolio including bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangalsutras, rings, and combined sets across categories such as antique, semi-antique, Calcutta, temple, gheru polish, and yellow/rodium/rose gold jewellery.

The company distributes products PAN-India to both corporate and non-corporate clients. Its clientele includes reputed jewellers such as Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewellers India Limited, Novel Jewels Limited (Aditya Birla Group), Manoj Vaibhav Gems ‘N’ Jewellers Limited, and other established jewellery houses.

Shankesh Jewellers follows an asset-light model by engaging skilled local karigars and jobworkers for production while managing design, material sourcing, and delivery in-house. In addition to product sales, it offers job work services where clients provide bullion and specific design requirements. All jewellery is BIS-hallmarked as per regulatory guidelines.

Its product portfolio is classified into two segments:

  • Sales of handcrafted jewellery (22k and 18k)
  • Custom job work services (client-supplied bullion and design execution)

With a legacy of over three decades in the handmade jewellery market, the company has built strong relationships with leading jewellery brands by consistently delivering design excellence, craftsmanship, and customised solutions.

As of May 31, 2026, the Company had 46 permanent employees on its payroll, comprising Executive Directors and KMP, Accounts and Finance, Administration, Sales and Marketing, Designing and Client Servicing, and Quality functions. The Company was also associated with 72 jobworkers.

Strengths : 

  • Strong historical financial performance.
  • Long-term relationships with local jobworkers for handcrafted gold jewellery manufacturing.
  • Asset-light business model.
  • Wide product range in handcrafted gold jewellery.
  • Strong focus on quality and customer satisfaction.
  • Established relationships with corporate and non-corporate jewellery clients.
  • Experienced promoters and management team with proven execution capabilities.
  • Established marketing setup.
Frequently Asked Questions
What is the issue price of Shankesh Jewellers Ltd IPO?
The issue price of Shankesh Jewellers Ltd IPO is ₹93 per share, face value ₹5.
What is the lot size?
Minimum lot size is 160 shares, requiring ₹14,880.
What are the IPO dates?
Opens 18 Aug 2026, closes 20 Aug 2026.
When is the listing date?
Tentative listing: 25 Aug 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹2, estimated listing ₹95 (+2.15%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Shankesh Jewellers Ltd IPO · Expected 21 Aug 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
21 Aug 2026
Refund Initiation
24 Aug 2026
Demat Credit
24 Aug 2026
Listing Date
25 Aug 2026
Quick Facts
Closed
GMP Signal
Bullish
+₹2
+2.15%
Issue Price
₹93
Face ₹5
Lot Size
160
shares / lot
Min Amount
₹14,880
1 lot
Est. Listing
₹95
GMP +₹2
Subscription
Overall2.37×
QIB1.37×
NII5.68×
Retail2.37×
Key Dates
Open
18 Aug Done
Close
20 Aug Done
Listing
25 Aug Done
Registrar
Kfin Technologies Ltd
A
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