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Shankesh Jewellers IPO Listing Price, Gain & Allotment
Listed
Mainboard IPO
BSE, NSE
Listed 25 Aug 2026
· updated 2 months ago
Price band
₹88 – 93
GMP
+₹2.75
Est. listing price₹95.75
Est. listing gain2.96%
Issue size₹367.18 Cr
Shankesh Jewellers IPO Details
Open DateTue, 18 Aug 2026
Close DateThu, 20 Aug 2026
Listing DateTue, 25 Aug 2026
Listing AtBSE, NSE
Price Band₹88 – 93 per share
Lot Size160 shares
Min. Investment₹14,880
Issue Size₹367.18 Cr
Shankesh Jewellers IPO Dates & Timeline
Tentative dates follow SEBI's T+3 listing timelineIPO Opens
Tue, 18 Aug
IPO Closes
Thu, 20 Aug
Basis of Allotment
Fri, 21 Aug
Tentative
Refunds Initiated
Mon, 24 Aug
Tentative
Shares Credited to Demat
Mon, 24 Aug
Tentative
Listing Date
Tue, 25 Aug
Shankesh Jewellers IPO GMP Today
All IPO GMP
GMP today
+₹2.75
Est. listing price
₹95.75
Est. gain %
2.96%
Est. profit / lot
₹440
GMP is an unofficial grey-market indicator and can change quickly. It does not guarantee listing gains.
Try the GMP calculator · What is GMP? · GMP of all IPOs
Final visitor sentiment
Visitor opinion poll, not investment advice.
Shankesh Jewellers IPO Subscription Status
As of 20 Aug, 7:00 PM
Retail (RII)
2.42x
NII / HNI
5.68x
bHNI (>₹10L)
5.29x
sHNI (₹2–10L)
6.46x
QIB
1.32x
Total
2.80x
Times subscribed per category, from NSE (bids on NSE and BSE combined). Final figures after bidding closed.
Shankesh Jewellers IPO Listing Price & Gain
Issue price₹93
Listing price (NSE)₹103.3
Listing gain+11.08%
Listing-day close₹94.82 (+2.0%)
The last GMP before listing (₹2.75) pointed to about ₹95.75; the shares opened 8.1 points above that estimate. How accurate is GMP?
Shankesh Jewellers IPO Allotment Status
The registrar for this IPO is KFin Technologies. You can also check on the exchange websites using your PAN or application number.
New to this? Read how to check IPO allotment status or see all IPOs awaiting allotment.
Shankesh Jewellers IPO Lot Size & Minimum Investment
At upper price band of ₹93| 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 |
Shankesh Jewellers IPO analysis: what the numbers say
Shankesh Jewellers is in the industry of producing and offering personalized, handmade gold jewelry. The ₹367.18 Cr issue combines a fresh issue of ₹274 Cr, which goes to the company, and an offer for sale (OFS) of ₹93 Cr by existing shareholders, so about 75% of the money raised reaches the business. Promoter holding falls from 95.48% to 69.53% after the issue.
Revenue rose from ₹1,061.91 Cr in FY24 to ₹1,630.93 Cr in FY26, a compound annual growth of 23.9%. Profit after tax grew from ₹12.82 Cr to ₹106.68 Cr. That is a net profit margin of 6.5% in FY26. Borrowings were 0.8 times net worth at the end of FY26.
The issue closed subscribed 2.80x overall (QIB 1.32x, NII 5.68x and retail 2.42x). Shankesh Jewellers listed at ₹103.3 on 25 Aug 2026, +11.1% against the issue price of ₹93. The last GMP before listing had pointed to about ₹95.75, so it opened 8.1 points above the grey market estimate. It closed the first day at ₹94.82 (+2.0%).
Worked out by IPO Darbaar from the offer document, exchange data and the latest GMP. For information only, not a recommendation.
Shankesh Jewellers IPO Issue Structure
Fresh issue ₹274 Cr (74.7%)
Offer for sale ₹93 Cr (25.3%)
Face value₹5 / share
Market cap (post issue)—
Promoter holding (pre)95.48%
Promoter holding (post)69.53%
- Promoters
- Kantilal Kheemraj Jain, Mahavir Kantilal Jain, Manoj Kantilal Jain
- Book running lead managers
- Aryaman Financial Services Ltd.
Objects of the Shankesh Jewellers IPO
- Repayment/pre-payment, in full or part, of certain borrowings. ~ Rs. 158 Cr.
- Funding working capital requirements. ~ Rs. 38 Cr.
- General Corporate Purposes.
Shankesh Jewellers IPO Strengths & Risks
Strengths
- Strong historical financial performance.
- Long-term relationships with local job workers for handcrafted gold jewellery manufacturing.
- Asset-light business model.
- Wide product range in handcrafted gold jewellery.
Risks
- High working capital
- Gold price volatility
- Higher compliance costs
- Customer concentration risk.
Shankesh Jewellers Financials
Restated, ₹ crore
FY24
FY25
FY26
Revenue Profit after tax
| Period ended | FY2431 Mar 2024 | FY2531 Mar 2025 | FY2631 Mar 2026 |
|---|---|---|---|
| Revenue | 1,061.91 | 1,403.94 | 1,630.93 |
| Profit after tax | 12.82 | 40.31 | 106.68 |
| Net worth | 60.29 | 100.6 | 209.43 |
| Total assets | 177.07 | 249.56 | 403.76 |
| Total borrowings | 109.81 | 145.63 | 167.3 |
| PAT margin | 1.21% | 2.87% | 6.54% |
Shankesh Jewellers Key Performance Indicators (KPIs)
ROE50.94%
ROCE41.57%
RoNW50.94%
Debt / Equity0.8
About Shankesh Jewellers IPO
Shankesh Jewellers is a mainboard IPO worth ₹367.18 crore with a price band of ₹88 – 93 per share. The issue opens on 18 August 2026 and closes on 20 August 2026. Shares are expected to list on 25 August 2026 on BSE, NSE.
Shankesh Jewellers IPO is a Mainboard IPO with an issue size of Rs. 367.18 Cr by Shankesh Jewellers Limited, which is in the industry of producing and offering personalized, handmade gold jewelry.
With a broad range of products in categories like antique, semi-antique, Calcutta, temple, gheru polish, and yellow/rodium/rose gold jewelry, the company specializes in 22-karat and 18-karat gold jewelry. These products include bangles, bridal jewelry, chokers, jhumkas, necklace sets, mangalsutras, rings, and combined sets.
The company supplies corporate and non-corporate customers with PAN-India products. Reputable jewelers like Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewelers India Limited, Novel Jewels Limited (Aditya Birla Group), Manoj Vaibhav Gems 'N' Jewelers Limited, and other well-known jewelry businesses are among its clients.
Two categories comprise its product portfolio:
Custom task services (implementation of designs and bullion supplied by the client).
This new IPO is to be launched on 18 Aug 2026, and its ‘initial public offering’ will end on 20 Aug 2026.
Shankesh Jewellers IPO: FAQs
What is the subscription status of Shankesh Jewellers IPO?
The issue closed subscribed 2.80x overall (QIB 1.32x, NII 5.68x and retail 2.42x). Figures are from NSE and cover bids on both exchanges.
What was the listing price of Shankesh Jewellers IPO?
Shankesh Jewellers listed at ₹103.3 on 25 Aug 2026, +11.1% against the issue price of ₹93. The last GMP before listing had pointed to about ₹95.75, so it opened 8.1 points above the grey market estimate. It closed the first day at ₹94.82 (+2.0%).
What is the price band of Shankesh Jewellers IPO?
The Shankesh Jewellers IPO price band is ₹88 – 93 per share and the issue size is ₹367.18 crore.
What is the lot size and minimum investment for Shankesh Jewellers IPO?
One lot of Shankesh Jewellers IPO has 160 shares. The minimum application for retail investors is 1 lot (160 shares), which costs ₹14,880 at the upper price band.
When does Shankesh Jewellers IPO open and close?
Shankesh Jewellers IPO opens for subscription on Tuesday, 18 August 2026 and closes on Thursday, 20 August 2026. Bids are accepted until 5 PM on the closing day.
What is the Shankesh Jewellers IPO allotment date?
The basis of allotment for Shankesh Jewellers IPO is expected to have been finalised on Friday, 21 August 2026, one working day after the issue closes (SEBI T+3 timeline).
How to check Shankesh Jewellers IPO allotment status?
Visit the website of the registrar, KFin Technologies, select Shankesh Jewellers IPO and search by PAN or application number. You can also check on the IPO allotment status page or on the BSE and NSE websites.
When is Shankesh Jewellers IPO listing date?
Shankesh Jewellers shares listed on BSE, NSE on Tuesday, 25 August 2026 at ₹103.3 per share.
Is Shankesh Jewellers a mainboard or SME IPO?
Shankesh Jewellers is a mainboard IPO, listing on the main board of BSE, NSE.
Last updated 28 Sep 2026, 11:55 PM IST. GMP is unofficial and indicative; dates after the issue closes are tentative. Not investment advice.