· Mainboard · NSE, BSE
Price Band
₹88–93
Lot Size
160 shares
Issue Size
₹367 Cr
Min. Investment
₹14,880
Indicative, updates through the day
Cap price plus current GMP: ₹100 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Shankesh Jewellers IPO is a mainboard issue opening for subscription on 18 August 2026, listing on NSE, BSE. The issue is priced at ₹88–₹93 per share with a lot size of 160 shares, and its total size is ₹367 Cr. At the upper band the minimum retail application is one lot, about ₹14,880.
The latest grey market premium for Shankesh Jewellers is ₹7, about 7.53% over the upper price band of ₹93. On a simple band-plus-GMP basis that points to a listing near ₹100, and the premium has held steady over recent days. GMP is an unofficial, dealer-quoted number on a thin market — it moves through the day and is not a promise of the listing price. It is best read as a live sentiment gauge, not a forecast. We explain the number in full in our guide to IPO GMP, and you can compare it against today’s IPO GMP for every live issue.
Allotment is handled by , with the basis of allotment expected on 21 August 2026 and listing on 25 August 2026. You can later checkallotment status on the registrar’s website using your PAN or application number; if you are not allotted, the funds blocked under ASBA are released rather than debited. The full process is in .
Figures update through the day and are drawn from exchange and registrar data. Nothing here is investment advice; grey market premium is an unofficial indicator and we are not SEBI-registered analysts.
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.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 160 | ₹14,880 |
| Retail (Max) | 13 | 2080 | ₹1,93,440 |
| S-HNI (Min) | 14 | 2240 | ₹2,08,320 |
| S-HNI (Max) | 67 | 10720 | ₹9,96,960 |
| B-HNI (Min) | 68 | 10880 | ₹10,11,840 |
EPS (Pre IPO)
9.08
EPS (Post IPO)
7.26
ROE
50.94%
P/E (Pre IPO)
P/E (Post IPO)
Price / Book
Market Cap
-
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Advit Jewels Ltd. | 18.41 | ₹165.16 Cr | |
| PNGS Reva Diamond Jewellery Ltd. | 10.96 | ₹379.52 Cr | |
| Shringar House of Mangalsutra Ltd. | 19.47 | ₹400.92 Cr | |
| SMR Jewels Ltd. | 18.01 | ₹63.74 Cr | |
| Yaashvi Jewellers Ltd. | 5.6 | ₹43.88 Cr | |
| Grover Jewells Ltd. | 12.31 | ₹33.83 Cr |
Shankesh Jewellers Ltd. Address
KFin Technologies Ltd.