Mumbai-based gold jewellery maker Shankesh Jewellers has launched its ₹367-crore IPO today, August 18.
Key details: Business Standard :-
📌 Price band: ₹88–93 per share
📌 Minimum lot: 160 shares
📅 Closes: Thursday, August 20
📈 Listing: August 25 on BSE & NSE Business Today + 3
⚠️ Brokerage views are mixed — asset-light model and fair valuation are positives, but profits leaned heavily on rising gold prices. Grey market trend is weak, so big listing gains look unlikely. Business Standard
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Mumbai ki gold jewellery company Shankesh Jewellers ka ₹367 crore ka IPO aaj, 18 August se shuru ho gaya hai.
Key details: Business Standard:-
📌 Price band: ₹88–93 per share
📌 Minimum lot: 160 shares
📅 Last date: 20 August (Thursday)
📈 Listing: 25 August ko BSE & NSE par Business Today + 3
⚠️ Brokerages ki raay mili-juli hai — business model theek hai, lekin profit ka bada hissa gold ki badhti keemat se aaya. Grey market premium bhi kamzor hai, isliye bade listing gains ki ummeed kam hai. Business Standard
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Disclaimer: Hum koi stock tips ya investment advice nahi dete. Yeh content sirf educational purposes ke liye hai.