Shankesh Jewellers IPO GMP Today: Date, Price, and Listing Date
Shankesh Jewellers IPO opens on August 18 with a ₹88–₹93 price band. The ₹367.18 crore issue includes a fresh issue of ₹274.18 crore and an OFS of ₹93 crore.
Shankesh Jewellers IPO GMP: The ₹367.18 crore IPO will open for subscription from 18 August to 20 August 2026. Shankesh Jewellers' allotment is expected on 21 August, and the shares are likely to be listed on BSE and NSE on 25 August 2026. The price band for the Shankesh Jewellers IPO has been set at ₹88 - ₹93 per share.
Shankesh Jewellers IPO: Shankesh Jewellers is engaged in manufacturing and providing customised handcrafted gold jewellery. Incorporated in 2005, the company specialises in 22-karat and 18-karat gold jewellery, offering bangles, bridal jewellery, chokers, jhumkas, necklace sets, and rings across antique, semi-antique, Calcutta, temple, and polish categories.
The company is launching a ₹367.18 crore IPO, comprising a fresh issue of ₹274.18 crore and an Offer for Sale (OFS) of ₹93.00 crore.
Shankesh Jewellers IPO Details
Here are the important dates and IPO details investors should know before applying.
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Shankesh Jewellers IPO is worth ₹367.18 crore and consists of a fresh issue of 2.95 crore shares aggregating to ₹274.18 crore and an Offer for Sale of 1.00 crore shares aggregating to ₹93.00 crore.
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Shankesh Jewellers IPO will open for subscription on 18 August 2026 and close on 20 August 2026. The price band has been fixed between ₹88 and ₹93 per share.
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The IPO allotment is expected on 21 August 2026, and the shares are likely to be listed on BSE and NSE on 25 August 2026.
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The promoter and promoter group holding is expected to reduce from 95.48% before the IPO to 69.53% after the IPO.
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Aryaman Financial Services Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar of the issue.
|
Parameter |
Detail |
|---|---|
|
IPO Open Date |
18 August 2026 |
|
IPO Close Date |
20 August 2026 |
|
Expected Allotment Date |
21 August 2026 |
|
Expected Listing Date |
25 August 2026 (BSE & NSE) |
|
Price Band |
₹88 - ₹93 per share |
|
Lot Size |
160 shares |
|
Minimum Investment |
₹14,880 |
|
Fresh Issue |
₹274.18 crore |
|
Offer for Sale (OFS) |
₹93.00 crore |
|
Total Issue Size |
₹367.18 crore |
Shankesh Jewellers IPO GMP Today
Shankesh Jewellers IPO GMP is ₹4 as of 18 August, indicating an estimated listing premium of around 4.30% over the upper price band of ₹93 in the grey market.
The Grey Market Premium (GMP) changes based on investor sentiment and demand for the IPO.
GMP figures are provided for informational purposes only. We do not recommend trading in the grey market.
Investors should note that Grey Market Premium (GMP) is unofficial and is not regulated by SEBI. It only reflects informal market sentiment and should not be considered a reliable indicator of listing performance or future returns.
Shankesh Jewellers IPO Day 1 Subscription Status
Overall, Shankesh Jewellers IPO was subscribed 0.36 times on Day 1, as of 5:20 PM.
|
Date |
QIB (Ex Anchor) |
NII |
Retail |
Total |
|---|---|---|---|---|
|
18 Aug (Day 1) |
0.03 |
0.38 |
0.53 |
0.36 |
|
19 Aug (Day 2) |
upcoming |
upcoming |
upcoming |
upcoming |
|
20 Aug (Day 3) |
upcoming |
upcoming |
upcoming |
upcoming |
Source: NSE, as of 18th Aug 2026, 5:20 PM
About Shankesh Jewellers IPO
Shankesh Jewellers was incorporated in 2005 and 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.
Shankesh Jewellers IPO Reservation
For the Shankesh Jewellers IPO, the allocation has been divided among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).
|
Investor Category |
Shares Offered |
|---|---|
|
QIB Investors |
50% of the offer |
|
Retail Investors |
35% of the offer |
|
NII (HNI) Investors |
15% of the offer |
Shankesh Jewellers IPO Lot Size
Retail investors can apply for a minimum of 1 lot, comprising 160 shares, requiring an investment of ₹14,880 at the upper price band of ₹93. The maximum retail application is 13 lots.
|
Application |
Lots |
Shares |
Amount (₹) |
|---|---|---|---|
|
Retail (Min) |
1 |
160 |
14,880 |
|
Retail (Max) |
13 |
2,080 |
1,93,440 |
|
S-HNI (Min) |
14 |
2,240 |
2,08,320 |
|
S-HNI (Max) |
67 |
10,720 |
9,96,960 |
|
B-HNI (Min) |
68 |
10,880 |
10,11,840 |
READ MORE: Horizon Industrial Parks IPO GMP
Shankesh Jewellers IPO Financial Performance
Shankesh Jewellers reported strong financial growth during FY26. The company's revenue increased by 16% between FY25 and FY26, while profit after tax (PAT) rose by 165% during the same period.
|
Period Ended |
31-Mar-26 |
31-Mar-25 |
31-Mar-24 |
|---|---|---|---|
|
Total Income (₹ Cr) |
1,630.93 |
1,403.94 |
1,061.91 |
|
EBITDA (₹ Cr) |
157.90 |
65.35 |
28.60 |
|
EBITDA Margin (%) |
9.68% |
4.65% |
2.69% |
|
PAT (₹ Cr) |
106.68 |
40.30 |
12.82 |
|
PAT Margin (%) |
6.54% |
2.87% |
1.21% |
|
ROCE (%) |
41.57% |
26.28% |
16.46% |
|
ROE (%) |
50.90% |
40.10% |
21.26% |
|
Net Debt/Equity |
0.8 |
1.44 |
1.80 |
Note: RHP
Conclusion
Shankesh Jewellers IPO is a ₹367.18 crore book-built issue comprising a ₹274.18 crore fresh issue and a ₹93.00 crore Offer for Sale. The company has a strong presence across India and specializes in customized handcrafted 22k and 18k gold jewellery with an asset-light model.
The company reported significant growth in FY26, with total income rising to ₹1,630.93 crore and PAT increasing to ₹106.68 crore. Its ROE and ROCE stood at 50.90% and 41.57%, respectively, while the company plans to use a significant portion of the fresh issue proceeds for debt repayment and funding working capital requirements.
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