Shankesh Jewellers Ltd IPO

Shankesh Jewellers Ltd IPO

We are engaged in the business of hand crafted gold jewellery and providing customisation services to our clients such as Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewellers India Limited and Novel Jewels Limited (Aditya Birla Group) amongst others. We offer a diverse range of high- quality hand crafted gold jewellery in 22-karat and 18-karat. Our product portfolio encompasses an extensive collection of Bangles, Bridal Jewellery, Chokers, Jhumkas, Long and Short Necklace sets, Mangal Sutra and Rings and combined jewellery sets in categories of Antique and Semi-Antique Jewellery, Calcutta Jewellery, Temple Jewellery, Gheru Polish and Coloured options.

Shankesh Jewellers Ltd IPO Details

Total Shares Offered

TBA

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

TBA

Exchange

DBC

Issue size

₹ 367.18 Cr

IPO Open Date

Aug 18, 2026

Close Date

Aug 20, 2026

Lot Size

160

Min Investment

₹ 14,080

Issue Type

Book Building

Listing Date

Aug 25, 2026

Shankesh Jewellers Ltd IPO Dates

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Aug 18, 2026
Opening date
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Aug 20, 2026
Closing date
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Aug 21, 2026
Basis of Allotment
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Aug 24, 2026
Initiation of Refunds
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Aug 24, 2026
Credit of Shares
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Aug 25, 2026
Listing date

Details

SectorType
SectorDiamond Cutting
Sub SectorJewellery
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Shankesh Jewellers Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations54.8818.0714.24
EBITDA55.7218.9114.44
PAT40.3112.8210.44
Total Assets243.77174.45172.94
Share Capital9.772.792.79
Total Borrowings132.0796.8886.13
Operating Activities (Net Cash)41.1513.6610.64
Investing Activities (Net Cash)0.400.000.00
Financing Activities (Net Cash)132.0796.8886.13
Net Cashflow0.020.170.20

About Shankesh Jewellers Ltd

Our Company was incorporated as H. K. Gold Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated July, 11, 2005 issued by the RoC. The name of our Company was changed to `Shankesh Jewellers Private Limited' a pursuant to a special resolution passed by Shareholders of our Company at the Extra-ordinary General Meeting held on June 16, 2006, and a fresh certificate of incorporation dated August 09, 2006 was issued by the RoC. Subsequently, our Company was converted to a public limited company pursuant to a special resolution passed by Shareholders of our Company at the Extra-ordinary General Meeting held on April 10, 2025 under the name and style of `Shankesh Jewellers Limited, and a fresh certificate of incorporation dated April 23, 2025 was issued by the RoC.

In CY24, the Indian jewellery market is estimated to be Rs. 7,105 billion. Furthermore, the market is expected to grow at a compounded annual growth rate (CAGR) of 10.2% between CY24 and CY29 to Rs 11,548 billion. In India, the surge in demand for gold jewellery can be attributed to the growing middle-class population and their increasing disposable income levels. As more individuals experience higher income levels, they are more capable of affording luxury items like gold jewellery. These growing middle-class individuals view gold jewellery as a status symbol, a reflection of their improved lifestyle, and a worthwhile investment.

We are engaged in the business of hand crafted gold jewellery and providing customisation services to our clients such as Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewellers India Limited and Novel Jewels Limited (Aditya Birla Group) amongst others. We offer a diverse range of high- quality hand crafted gold jewellery in 22-karat and 18-karat. Our product portfolio encompasses an extensive collection of Bangles, Bridal Jewellery, Chokers, Jhumkas, Long and Short Necklace sets, Mangal Sutra and Rings and combined jewellery sets in categories of Antique and Semi-Antique Jewellery, Calcutta Jewellery, Temple Jewellery, Gheru Polish and Coloured options.

Peer Comparison:

  • Shanti Gold International Limited
  • Sky Gold & Diamonds Limited

Shankesh Jewellers Ltd Key Points

Strengths

Strong historical financial results.

Long Term Relation with local Jobworkers for handling custom hand crafted gold jewellery making process.

Asset-Light business model.

Wide product range in hand crafted gold jewellery.

Commitment to Quality and Customer Satisfaction.

Risk

Our business and the demand for our product is reliant on the success of our customers' products with end consumers, and any decline in the demand for the end-products could have an adverse impact on our business, results of operations, cash flows and financial condition.

Jewellery purchases are discretionary and often perceived as luxury purchases. Any factor negatively impacting discretionary spending by consumers may adversely affect our business, results of operations, financial condition and prospects.

A significant portion of our business operations and revenue generation is concentrated in the Top 5 states (Tamil Nadu, Maharashtra, Uttar Pradesh, Bihar and Odissa) which contributed to 67.84%, 63.67% and 62.00% of our revenue from operations in Fiscal 2026, 2025 and Fiscal 2024. This regional concentration could expose our Company to economic, cultural, geopolitical and local market risks.

Strategy

Capturing market opportunities in the growing jewellery industry.

Augment our fund-based capacities and reduce our dependence on debt in order to create long term shareholder value and be able scale up business operations.

Continue to invest in our marketing and brand building initiatives.

How To Apply for Shankesh Jewellers Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Shankesh Jewellers Ltd IPO?

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Shankesh Jewellers Ltd's IPO offers shares for up to 0 It begins on Aug 18, 2026 and ends on Aug 20, 2026.

What is the price of the Shankesh Jewellers Ltd IPO?

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The price of Shankesh Jewellers Ltd IPO ranges between ₹88 to ₹93 per share.

What are the open and close dates for the Shankesh Jewellers Ltd IPO?

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The Shankesh Jewellers Ltd IPO opens on Aug 18, 2026 and closes on Aug 20, 2026.

When will the Shankesh Jewellers Ltd IPO be allotted?

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The allotment for the Shankesh Jewellers Ltd IPO will be finalised on Aug 21, 2026. The shares will be listed on BSE and NSE on Aug 25, 2026.

What is the minimum lot size required for Shankesh Jewellers Ltd IPO?

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The minimum lot size for Shankesh Jewellers Ltd IPO is 160 shares, priced between ₹88 to ₹93 per share.

What is the GMP of Shankesh Jewellers Ltd IPO?

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The GMP (Grey Market Premium) of Shankesh Jewellers Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Shankesh Jewellers Ltd IPO?

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To check the allotment status of Shankesh Jewellers Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Shankesh Jewellers Ltd IPO getting listed?

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The Shankesh Jewellers Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 18, 2026, and closes on Aug 20, 2026. The allotment is finalised on Aug 21, 2026.

How do you apply for the Shankesh Jewellers Ltd IPO?

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To apply for the Shankesh Jewellers Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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