Shankesh Jewellers IPO Oversubscribed 2.80x: Allotment & Listing Details
By IPO Desk
Shankesh Jewellers IPO saw 2.80x oversubscription. Allotment on Aug 21, 2026. Check status on NSE, BSE, KFintech. Listing on Aug 25, 2026.
Shankesh Jewellers IPO allotment is set for August 21, 2026, after the issue saw 2.80x oversubscription by Day 3 of bidding. Investors can check their allotment status on the NSE, BSE, or KFin Technologies websites.
Key IPO Figures
- Oversubscription: 2.80 times overall
- Grey Market Premium (August 20, 2026): ₹4
- Implied Listing Gain: 4.30% from IPO price
- IPO Price: ₹93
Refunds for non-allotted investors and demat credit for successful applicants are slated for August 24, 2026. The company is scheduled to list on August 25, 2026, at 10 AM on both the NSE and BSE exchanges.
Category Subscription Details
- Non-Institutional Investors (NII): 5.68 times
- Retail Individual Investors: 2.42 times
- Qualified Institutional Buyers (QIB): 1.32 times
Shankesh Jewellers, established in 2005, focuses on customized handcrafted gold jewelry. They supply both corporate and non-corporate clients across India.
Between FY25 and FY26, the company reported revenue growth of 16%. Profit after tax (PAT) saw a significant increase of 165% during the same period, signaling strong financial performance.