Shankesh Jewellers IPO

Shankesh Jewellers IPO is listed on BSE and NSE, priced at ₹88–₹93 per share. The stock debuted at ₹103.3, delivering a listing gain of 11.1%. The IPO had a lot size of ₹160 shares and a minimum investment of ₹14,880.

Shankesh Jewellers Limited IPO

Mainboard Listed
₹14,880 (160 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 18, 2026 – Aug 20, 2026
Price band
₹88-93 per equity share
Minimum Investment
₹14,880
Issue size
₹367.18 Cr
Lot size
160
Allotment Date
Aug 21, 2026
Listing
Aug 25, 2026
Listing At
BSE, NSE

IPO timeline

  1. Aug 18, 2026

    Open Date

    Completed

  2. Aug 20, 2026

    Close Date

    Completed

  3. Aug 21, 2026

    Allotment Date

    Completed

  4. Aug 25, 2026

    Listing Date

    Completed

Price Summary

View GMP trend
Last closing
98.78 (6.22%)
52 week high
111.00
52 week low
87.25
Last update

Unofficial pre-listing indicator

Shankesh Jewellers IPO Final GMP Before Listing: ₹1

Shankesh Jewellers IPO GMP history

Shankesh Jewellers IPO's final recorded GMP before listing was ₹1 per share (a 1% premium over the ₹93 upper price band). The shares listed at ₹103.3. GMP is unofficial and does not forecast or guarantee the actual listing price.

Final GMP
₹1
GMP percentage
1%
Upper price band
₹93
Listing price
₹103.3

During the recorded period, Shankesh Jewellers IPO GMP ranged from ₹0 to ₹6.

Shankesh Jewellers IPO GMP trend (day-wise) 59 observations
Day-wise recorded GMP observations for Shankesh Jewellers IPO
Date & time GMP Change GMP % Indicative price
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94
₹1 ₹0 1% ₹94

Shankesh Jewellers IPO Subscription Details

View Subscription Details
Qualified Institutional Buyers (QIBs) 1.32x
Retail Individual Investors (RIIs) 2.42x
Non-Institutional Investors (NIIs) 5.68x
bHNI (>10 Lakhs) 5.29x
sHNI (2-10 Lakhs) 6.46x
Retail 2.42x
Total 2.80x

Shankesh Jewellers IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Shankesh Jewellers IPO Essentials

Shankesh Jewellers IPO Details

Shankesh Jewellers IPO is priced at ₹88-93 per share with a total issue size of 367.18 crore. The IPO has a lot size of 160 shares and is listed on BSE and NSE.

Issue price
₹88-93 per equity share
Lot size
160 shares
Face value
₹5 Per Equity Share
Issue size
₹367.18 Crores
Total issue size
3,94,82,000 shares
(aggregating up to ₹367.18 crore)
Fresh issue
2,94,82,000 shares
(aggregating up to ₹274.18 crore)
Offer for sale (OFS)
1,00,00,000 shares
(aggregating up to ₹93 crore)
Retail Portion
35%
Listing at
BSE, NSE
List price
103.3(NSE)
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
Aryaman Financial Services Ltd., Smart Horizon Capital Advisors Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 160 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 160 ₹14,880
Retail(max) 13 2,080 ₹1,93,440
sHNI(min) 14 2,240 ₹2,08,320
sHNI(max) 67 10,720 ₹9,96,960
bHNI(min) 68 10,880 ₹10,11,840

Shankesh Jewellers IPO Documents

Shankesh Jewellers IPO Reservation

Shankesh Jewellers IPO reservation details show category-wise allocation of shares. Out of the total 39482000 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 11844600 (30%)
QIB Shares Offered 7896400 (20%)
NII (HNI) Shares Offered 5922300 (15%)
bHNI > ₹10L 3948200 (10%) 1763
sHNI < ₹10L 1974100 (5%) 881
Retail Shares Offered 13818700 (35%) 86,367
Total Shares Offered 39482000 (100%)

Shankesh Jewellers IPO Analytics

Shankesh Jewellers IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Shankesh Jewellers IPO Subscription Status

Shankesh Jewellers IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 2.8x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 78,96,400
59,22,300
39,48,200
19,74,100
1,38,18,700 2,76,37,400
Day 1 18-08-26 05:00 PM
0.03 x
0.38x
0.43x
0.27x
0.53 x 0.36 x
Day 2 19-08-26 05:00 PM
0.76 x
0.76x
0.65x
0.99x
1.13 x 0.94 x
Day 3 20-08-26 05:00 PM
1.32 x
5.68x
5.29x
6.46x
2.42 x 2.80 x
Day 4 21-08-26 05:00 PM
1.32 x
5.68x
5.29x
6.46x
2.42 x 2.80 x
Day 5 24-08-26 05:00 PM
1.32 x
5.68x
5.29x
6.46x
2.42 x 2.80 x
Day 6 25-08-26 05:00 PM
1.32 x
5.68x
5.29x
6.46x
2.42 x 2.80 x
Total No. of Applications
bHNI sHNI Retail
1,68,474 (Approx) 0.93x 6.24x 1.87x

Shankesh Jewellers Valuations

Earnings

EPS Pre IPO
₹9.08/-
EPS Post IPO
₹7.26/-
P/E Pre IPO
10.24
P/E Post IPO
12.81

Returns

ROE
50.94%
ROCE
41.57%
RoNW
50.94%
PAT Margin
6.54%

Fundamentals

Debt / Equity
0.80
Price / Book
10.84
Market Cap
₹1,367.39 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Shankesh Jewellers Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
Assets 403.76 249.56 177.07
Revenue 1,630.93 1,403.94 1,061.91
Profit After Tax 106.68 40.31 12.82
Net Worth 209.43 100.60 60.29
Reserves & Surplus 150.65 90.83 57.50
Total Borrowing 167.30 145.63 109.81

Shankesh Jewellers Company & Offer Insights

About Shankesh Jewellers

Incorporated in the year 2005, Shankesh Jewellers Limited is involved in the manufacture and supply of customised hand-crafted gold jewellery. It produces 22 and 18 Karat gold jewellery, and its product range includes bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangalsutras, rings and mixed sets within the categories of antique, semi-antique, Calcutta, temple, gheru polish, and yellow/rodium/rose gold jewellery.

The company markets its products PAN-India to both corporate and non-corporate clients. The company caters to renowned jewellers like 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 many more established jewelery companies.

Shankesh Jewellers adopts the light assets approach by utilizing local karigars and job workers for the manufacture of the products while keeping the entire process of design, material, and delivery of the product in its own control. Along with sale of products, it provides job works too wherein the customer gives bullion and specifies the design of the product.

Shankesh Jewellers Promoter(s)

Kantilal Kheemraj Jain, Mahavir Kantilal Jain, Manoj Kantilal Jain are the company's promoters of Shankesh Jewellers.

Shankesh Jewellers IPO Issue Objectives

Repayment/pre-payment, in full or part, of certain borrowings
Funding working capital requirements
General Corporate Purposes

Shankesh Jewellers IPO - Anchor Investors

Shankesh Jewellers Limited finalised its anchor investor allocation on August 17, 2026, raising ₹110.15 crore from 14 institutional investors at an anchor price of ₹93 per share.

The anchor book comprises 1,18,44,600 equity shares, with no participation from domestic mutual funds, life insurance companies, or pension funds, as explicitly disclosed in the company's intimation letter. The allocation was led by Tiger Strategies Fund – I at 15.56%, followed by Necta Bloom VCC – Necta Bloom One at 13.62%, Venus Investment VCC – Venus Stellar Fund, Zeal Global Opportunities Fund, and ASAS Global Fund Incorporated VCC Fund each at 9.08%, and Uni Growth Fund at 7.26%. The remaining allocation was distributed evenly among eight investors — Sunrise Investment Trust, Innovative Vision Trust, Nexus Global Opportunities Fund, Arnesta Global Opportunities Fund PCC, Nova Global Opportunities Fund, Compact Structure Fund, 31 Degrees North Growth Fund, and Viney Growth Fund — each receiving 4.54% of the anchor portion.

Shankesh Jewellers IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Shankesh Jewellers N/A N/A 50.97% 1630
Shanti Gold International 2.61 9.76 23.42% 2018
Sky Gold And Diamonds 8.36 35.42 23.37% 6294

Contact Information

Contact Details

Shankesh Jewellers

+91 22234700089

cs@shankeshjewellers.com

https://www.shankeshjewellers.com/

Office No. 12, 3rd Floor,/n 101 Mumbadevi Diamond Premises Co- Op, Society Ltd, Zaveri Bazar, Mumbai, Maharashtra, 400002

Registrar Contact Details

Kfin Technologies Ltd.

040-79615565

shankesh.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Shankesh Jewellers IPO is a book-built IPO worth ₹367.18 crore. The price band is ₹88–₹93 per share. The IPO opens on Aug 18, 2026 and closes on Aug 20, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.

The price band of Shankesh Jewellers IPO is ₹88 to ₹93 per share.

The lot size of Shankesh Jewellers IPO is 160 shares.

The minimum investment for Shankesh Jewellers IPO is approximately ₹14,880 based on the upper price band .

Shankesh Jewellers IPO opens on Aug 18, 2026 and closes on Aug 20, 2026.

The allotment date of Shankesh Jewellers IPO is Aug 21, 2026.

Shankesh Jewellers IPO is expected to be listed on Aug 25, 2026, on BSE and NSE .

Shankesh Jewellers IPO's final recorded GMP before listing was ₹1 per share (a 1% premium over the ₹93 upper price band). The shares listed at ₹103.3. GMP is unofficial and does not forecast or guarantee the actual listing price.

Shankesh Jewellers IPO listed on Aug 25, 2026. It was issued at ₹103.3(NSE) and is currently around ₹98.78 as on 4-Sep-2026 3:30 PM, which is approximately 6.2% versus issue price. The 52-week high is ₹111.00.

Based on listing and post-listing performance, Shankesh Jewellers IPO delivered around 6.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Shankesh Jewellers IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Shankesh Jewellers IPO valuation snapshot: P/E 12.81, EPS ₹7.26/-, P/B 10.84, RoNW 50.94%, and market cap ₹1,367.39 Cr.

To apply for Shankesh Jewellers IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Shankesh Jewellers IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Shankesh Jewellers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Shankesh Jewellers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shankesh Jewellers IPO allotment status on IPO Ji for quick and easy access.