Shankesh Jewellers
UPCOMINGIPO Date: 18 Aug - 20 Aug 2026
Listing Date: 25 Aug 2026
Price Range
Rs.88 - Rs.93
Issue Size
367 Cr
Min Investment
₹14,080
Lot Size
160 Shares
Schedule of Shankesh Jewellers
Issue open date
18 Aug 2026
Issue close date
20 Aug 2026
UPI mandate deadline
20 Aug 2026 (5 PM)
Allotment finalization
21 Aug 2026
Share credit
24 Aug 2026
Listing date
25 Aug 2026
Mandate end date
4 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 367 Cr |
| Fresh Issue | 274.18 Cr |
| Offer for Sale | 93 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 21 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 17 Aug 2026 | ₹93 | ₹3 | ₹96 (3.23%) |
| 16 Aug 2026 | ₹93 | ₹5 | ₹98 (5.38%) |
| 15 Aug 2026 | ₹93 | ₹6 | ₹99 (6.45%) |
| 14 Aug 2026 | ₹93 | ₹6 | ₹99 (6.45%) |
| 13 Aug 2026 | ₹93 | ₹8 | ₹101 (8.6%) |
| 12 Aug 2026 | ₹93 | ₹7 | ₹100 (7.53%) |
| 11 Aug 2026 | ₹93 | ₹0 | ₹93 (0%) |
| 10 Aug 2026 | ₹93 | ₹0 | ₹93 (0%) |
Performance Shankesh Jewellers
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.88 - Rs.93 | .... | .... | .... |
About Shankesh Jewellers
Shankesh Jewellers Limited is a B2B company that specializes in handcrafted gold jewellery. The company operates on a pan-India basis from its headquarters in Mumbai, supplying a wide array of jewellery to well-known corporate clients such as Joyalukkas, Kalyan Jewellers, and P N Gadgil Jewellers, as well as other non-corporate entities. Shankesh Jewellers follows an asset-light business model, outsourcing the manufacturing process to a network of skilled artisans and job workers, which allows the company to focus on design, customization, and inventory management. Its product portfolio includes a diverse range of 22-karat and 18-karat gold items like bangles, bridal sets, chokers, necklaces, and rings, all hallmarked as per BIS standards. The company generates revenue primarily through the direct sale of its jewellery and also offers custom job work services for clients who provide their own bullion.
| Founded in | 0 |
| Managing director | |
| Parent organization |
Financial Overview
Strengths
- Experienced promoters with a presence of over three decades in the jewellery industry.
- Established relationships with a large and diversified B2B customer base across India.
- An asset-light and scalable business model with a focus on design and quality control.
- A consistent track record of financial growth in revenue and profitability.
- A wide and diverse portfolio of handcrafted jewellery designs to cater to varied customer demands.
Risks
- Business success is highly dependent on the ability of its B2B customers to sell to end consumers.
- The company’s financial stability is exposed to risks from the volatility of gold prices.
- The business is working capital intensive.
- Heavy reliance on third-party artisans for the manufacturing of all its jewellery.
- Faces significant competition from both organized and unorganized players in the jewellery sector.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |