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SHANKESH JEWELLERS IPO

UPCOMING

IPO Details

18th Aug 2026
20th Aug 2026
160
₹ 14,080
₹ 88-93
₹ 367 Crore

Issue timeline

  • 18-20 Aug 2026
  • 21-Aug-2026
  • 24-Aug-2026
  • 24-Aug-2026
  • 25-Aug-2026

About Company

Shankesh Jewellers was incorporated on July 11, 2005. The company specialises in handcrafted gold jewellery and offers customisation services, managing design, material sourcing, and production through local Karigars via jobworkers. Based in Mumbai, it distributes 22K and 18K jewellery across India, including bangles, necklaces, rings, and bridal sets, with BIS-hallmarked quality and options for antique, semi-antique, temple, and modern designs
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Name Designation
Kantilal Kheemraj Jain Chairman & Non-Executive Director
Mahavir Kantilal Jain Whole Time Director
Manoj Kantilal Jain Managing Director
Nikhil Ramesh Parmar Non-Executive Independent Director
Sanjay Babulal Jain Non-Executive Independent Director
Sunita Amit Modak Non-Executive Independent Director

Objectives

Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
Funding working capital requirements of the company
General corporate purposes

Strengths & Risks

Strengths (3)

The company is a wholesale gold jewellery manufacturer, managing design, material sourcing, and production for clients. Manufacturing is largely outsourced to skilled Karigars, ensuring precision, design adherence, and operational efficiency

Risks (3)

Operating in the high-value gold jewellery sector, the company faces security risks during transit and delivery, including potential theft, loss, or damage, which could impact its finances, reputation, and customer trust

Financials

Frequently Asked Questions

What is the issue type for Shankesh Jewellers Ltd.?

This IPO consists of an offer for sale of up to Rs 93.0 crore, of 10,000,000 shares. It also consists of a fresh issue of Rs 274.2 crore.

The promoters of the company are Kantilal Kheemraj Jain, Mahavir Kantilal Jain and Manoj Kantilal Jain.

The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

The price band of the IPO is Rs 88.0 - 93.0.

The IPO application opens on Aug 18, 2026 and closes on Aug 20, 2026.

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*The financials mentioned above are sourced from DRHP/ RHP documents.