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Shankesh Jewellers Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹93
₹93
GMP (Grey Market)
+₹2
+2.15%
Est. Listing Price
₹95
Based on GMP
Min. Investment
₹14,880
1 lot × 160 shares
Subscribed
2.37x
Over-subscribed
IPO Details
Open Date
18 Aug 2026
Close Date
20 Aug 2026
Allotment
21 Aug 2026
Listing Date
25 Aug 2026
Exchange
NSE & BSE
Price Band
₹93
Listing Price
See chart
Allotment Status
Price Band
₹93
Per share
Face Value
₹5 per share
 
Lot Size
160 Shares
per lot
Issue Size
3,94,82,000 shares (agg. up to ₹367 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,880
1 lot
Pre-IPO Holding
11,75,49,420 shares
Promoters
Post-IPO Holding
14,70,31,420 shares
Promoters
P/E (Pre)
10.24x
 
P/E (Post)
12.81x
 
EPS (Pre)
₹9.08
 
EPS (Post)
₹7.26
 
UPI Deadline
5:00 PM on 20 Aug 2026
Mandate
GMP
+₹2
+2.15% est.
Anchor AllotmentMon, 17 Aug 2026
Basis of AllotmentFri, 21 Aug 2026
Refund InitiationMon, 24 Aug 2026
Demat CreditMon, 24 Aug 2026
Listing DayTue, 25 Aug 2026
UPI Mandate Deadline5:00 PM on 20 Aug 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares2,94,82,000 shares (agg. up to ₹274 Cr)
Offer for Sale1,00,00,000 shares of ₹5 (agg. up to ₹93 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Shankesh Jewellers Ltd IPO subscribed 2.37 times overall. Retail: 2.37x. QIB: 1.37x. NII: 5.68x. By 20 Aug 2026.
QIB
1.37x
Over
NII/HNI
5.68x
Over
Retail
2.37x
Over
Total
2.37x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.37x
19,741,000
— ₹183.59
NII / HNI
Over 5.68x
5,922,300
— ₹55.08
Retail
Over 2.37x
13,818,700
— ₹128.51
Total 2.37x
39,482,000
100% ₹367.18
IPO Shares Offered
Shankesh Jewellers Ltd IPO total issue size: ₹367.18 Cr. Retail: ₹128.51 Cr. QIB: ₹183.59 Cr. NII: ₹55.08 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 19,741,000 ₹183.59
50.00%
NII 5,922,300 ₹55.08
15.00%
Retail 13,818,700 ₹128.51
35.00%
Total 39,482,000 ₹367.18
100.00%
* Based on upper price band ₹93 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 5,922,300 13,818,700 19,741,000
Allotment price (₹) 93 93 93 93 93 93 93 93
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹128.51 ₹128.51
Times subscribed 1.37x — — — — 5.68x 2.37x 2.37x
Shares allotted — — — — — 5,922,300 13,818,700 19,741,000
No. of allottees — — — — — — — —
* Upper price band ₹93 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
160
Shares per Lot
Issue Price
₹93.00
Upper Band
Min Investment
₹14,880
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2320₹29,760
Retail (Max — 13 Lots)132,080₹193,440
S-HNI (Min — 14 Lots)142,240₹208,320
B-HNI (Min — 68 Lots)6810,880₹1,011,840
* Issue Price ₹93 × Lot Size 160 shares
IPO Schedule
Anchor
17 Aug 2026
✓ Done
IPO Open
18 Aug 2026
✓ Done
IPO Close
20 Aug 2026
✓ Done
Allotment
21 Aug 2026
✓ Done
Refunds
24 Aug 2026
✓ Done
Demat Credit
24 Aug 2026
✓ Done
Listing Day
25 Aug 2026
✓ Done
Shankesh Jewellers Ltd — Live Price LIVE
₹93.00
INR · BSE
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Issue ₹93.00 GMP: +₹2 Live Price
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.
Objects of the Issue
1
Repayment/pre-payment, in full or part, of certain borrowings
2
Funding working capital requirements
3
General Corporate Purposes
Shankesh Jewellers Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹1,061.9
31 Mar 2024
₹1,403.9
31 Mar 2025
₹1,630.9
31 Mar 2026
Profit After Tax (PAT)
₹12.8
31 Mar 2024
₹40.3
31 Mar 2025
₹106.7
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 1630.93 1403.94 1061.91
EBITDA 157.90 65.35 28.60
Profit After Tax (PAT) 106.68 40.31 12.82
Net Worth 209.43 100.60 60.29
Total Assets 403.76 249.56 177.07
Reserves & Surplus 150.65 90.83 57.50
Borrowings 167.30 145.63 109.81
EBITDA Margin (%) 9.68 — —
PAT Margin (%) 6.54 — —
RoE
50.94
RoCE
41.57
RoNW
50.94
PAT Margin
6.54
EBITDA Margin
9.68
Debt/Equity
0.80
Issue Structure & Shareholding
Total Shares Offered3,94,82,600
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding11,75,49,420 shares
Post-Issue Promoter Holding14,70,31,420 shares
P/BV RatioN/A
RoE50.94
RoCE41.57
Debt / Equity0.80
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Aryaman Financial Services Ltd
Smart Horizon Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Shankesh Jewellers Ltd IPO subscribed? ▲

Shankesh Jewellers Ltd IPO is subscribed 2.37 times by Aug 20, 2026. Retail: 2.37x. QIB: 1.37x. NII: 5.68x.

Investor CategorySubscription
Qualified Institutional (QIB)1.37x
Non Institutional (NII/HNI)5.68x
Retail Individual2.37x
Total Subscription2.37x
What is Shankesh Jewellers Ltd IPO retail subscription status? ▼

The Shankesh Jewellers Ltd IPO retail category is subscribed 2.37 times as of 20 Aug 2026. The retail portion is oversubscribed.

How to subscribe Shankesh Jewellers Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 18 Aug 2026 and closes 20 Aug 2026. Min investment: ₹14,880 (1 lot = 160 shares). UPI mandate: 5:00 PM on 20 Aug 2026.

How many times Shankesh Jewellers Ltd IPO subscribed? ▼

The Shankesh Jewellers Ltd IPO subscribed 2.37x overall. QIB: 1.37x, NII: 5.68x, Retail: 2.37x. Applications: from NSE/BSE.

How to check Shankesh Jewellers Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Aug 2026. Refunds: on 24 Aug 2026.

When Shankesh Jewellers Ltd IPO will be listed? ▼

The Shankesh Jewellers Ltd IPO listing date is 25 Aug 2026, Tuesday. Listed on: NSE & BSE. Issue price: ₹93. Estimated listing: ₹95. GMP: +₹2.

When Shankesh Jewellers Ltd IPO close? ▼

The Shankesh Jewellers Ltd IPO closes on 20 Aug 2026, Thursday. UPI mandate: 5:00 PM on 20 Aug 2026. Allotment: 21 Aug 2026. Listing: 25 Aug 2026.