Shankesh Jewellers IPO: ₹367 Cr Issue Open Now

Shankesh Jewellers’ mainboard IPO is targeting approximately ₹367.18 crores, with the subscription period now underway. The offering opened on August 18, 2026, and will conclude on August 20, 2026.

Key IPO Details

The price band for the equity shares has been set between ₹88 and ₹93. Investors looking to participate must apply for a minimum market lot of 160 shares.

• Target Raise: Approximately ₹367.18 crores
• Subscription Window: August 18, 2026 – August 20, 2026
• Price Band: ₹88 to ₹93 per equity share
• Minimum Application Amount: ₹14,880
• Minimum Market Lot: 160 shares

Investor Allocation Structure

The IPO outlines specific allocations for different investor categories. Qualified Institutional Buyers receive the largest share, followed by retail and non-institutional investors.

• Qualified Institutional Buyers (QIB): 50%
• Retail Investors: 35%
• Non-Institutional Investors (NII): 15%

Company Background

Shankesh Jewellers, established in 2005, specializes in the manufacture of handcrafted 22-karat and 18-karat gold jewelry. Their product portfolio includes bangles, bridal jewelry, and necklace sets, serving a diverse client base.

The company caters to both corporate and non-corporate clients throughout India. Notable clients include Joyalukkas India Limited and Kalyan Jewellers India Limited. The shares are slated for listing on both the BSE and NSE exchanges.

For potential investors, the recommendation is to consider applying with a long-term view. It is also advised to review the QIB, NII, and Retail subscription numbers before finalizing any investment decision.