Shankesh Jewellers
Issue -
Opens
18 Aug 2026
Closes
20 Aug 2026
Allotment
21 Aug 2026
Listing
25 Aug 2026
At a glance
IPO Open Tue, Aug 18, 2026 IPO Close Thu, Aug 20, 2026 Price Band To be declared Market Cap To be declared IPO Details IPO Date 18 to 20 Aug, 2026 Listing Date Tue, Aug 25, 2026 T Face Value ₹ 5 per share Price Band Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size 3,94,82,000 shares (agg. up to ₹ [.] Cr) Fresh Issue 2,94,82,000 shares (agg. up to ₹ [.] Cr) Offer for Sale 1,00,00,000 shares of ₹ 5 (agg. up to ₹ [.] Cr) Share Holding Pre Issue 11,75,49,420 shares Share Holding Post Issue 14,70,31,420 shares IPO Timetable (Tentative) IPO Open Tue, Aug 18, 2026 IPO Close Thu, Aug 20, 2026 Allotment Fri, Aug 21, 2026 Refund Mon, Aug 24, 2026 Credit of Shares Mon, Aug 24, 2026 Listing Tue, Aug 25, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50.00% of the Net Offer Retail Not less than 35.00% of the Net Offer NII Not less than 15.00% of the Net Offer About Shankesh Jewellers Ltd. 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.
Overview
Shankesh Jewellers IPO is a book build issue of 3.95 crore shares. The issue is a combination of fresh issue of 2.95 crore shares and offer for sale of 1.00 crore shares.
Shankesh Jewellers IPO opens for subscription on Aug 18, 2026 and closes on Aug 20, 2026. The allotment for the Shankesh Jewellers IPO is expected to be finalized on Aug 21, 2026. Shankesh Jewellers IPO will list on NSE and BSE with a tentative listing date fixed as Aug 25, 2026.
Shankesh Jewellers IPO is set issue price band at [.] to [.] per share.
Aryaman Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Shankesh Jewellers IPO RHP for detailed Information.
Issue details
IPO Date
18 to 20 Aug, 2026
Listing Date
Tue, Aug 25, 2026T
Face Value
₹5 per share
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50.00% of the Net Offer |
| Retail | Not less than 35.00% of the Net Offer |
| NII | Not less than 15.00% of the Net Offer |
About the company
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:
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.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 403.76 | 249.56 | 177.07 |
| Total Income | 1,630.93 | 1,403.94 | 1,061.91 |
| Profit After Tax | 106.68 | 40.31 | 12.82 |
| EBITDA | 157.90 | 65.35 | 28.60 |
| NET Worth | 209.43 | 100.60 | 60.29 |
| Reserves and Surplus | 150.65 | 90.83 | 57.50 |
| Total Borrowing | 167.30 | 145.63 | 109.81 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 50.94% | 40.08% |
| ROCE | 41.57% | 26.28% |
| Debt/Equity | 0.80 | 1.44 |
| RoNW | 50.94% | 40.07% |
| PAT Margin | 6.54% | 2.87% |
| EBITDA Margin | 9.68% | 4.65% |
| NAV | 17.82 | 8.58 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
9.08
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 95.48% | 69.53% |
| Public | 4.52% | 30.47% |
| Total | 100% | 100% |
Objects of the issue
- — Repayment/pre-payment, in full or part, of certain borrowings
- — Funding working capital requirements
- — General Corporate Purposes
Intermediaries
Registrar
Kfin Technologies Ltd.
Lead manager(s)
Aryaman Financial Services Ltd., Smart Horizon Capital Advisors Pvt.Ltd.
FAQs
How to apply in Shankesh Jewellers IPO through Zerodha?+
Zerodha customers can apply online in Shankesh Jewellers IPO using UPI as a payment gateway. Zerodha customers can apply in Shankesh Jewellers IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Shankesh Jewellers IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Shankesh Jewellers IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Shankesh Jewellers IPO will open?+
The Shankesh Jewellers IPO opens on Tue, Aug 18, 2026 and closes on Thu, Aug 20, 2026.
What is the lot size of Shankesh Jewellers IPO?+
Shankesh Jewellers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
How to apply for Shankesh Jewellers IPO?+
You can apply in Shankesh Jewellers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Shankesh Jewellers IPO allotment?+
The finalization of Basis of Allotment for Shankesh Jewellers IPO will be done on Friday, August 21, 2026 , and the allotted shares will be credited to your demat account by Mon, Aug 24, 2026 . Check the Shankesh Jewellers IPO allotment status .
When is Shankesh Jewellers IPO listing date ?+
The Shankesh Jewellers IPO listing date is not yet announced. The tentative date of listing is Tue, Aug 25, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.