About Shankesh Jewellers LTD IPO
Incorporated in 2005, Shankesh Jewellers Limited specialises in manufacturing customised handcrafted gold jewellery in 22-karat and 18-karat gold. Its product range includes bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangalsutras, rings and other jewellery sets across antique, semi-antique, Calcutta, temple, gheru polish, and yellow, rhodium and rose gold categories.
The company supplies jewellery across India to both corporate and non-corporate customers, including established jewellery brands such as Joyalukkas India, P. N. Gadgil & Sons, Kalyan Jewellers India, Novel Jewels, and Manoj Vaibhav Gems ‘N’ Jewellers. It follows an asset-light model, working with skilled local karigars and job workers while managing design, material sourcing and delivery internally. The company also undertakes job work using bullion and designs provided by clients, with all jewellery BIS-hallmarked as required.
Its business is divided into handcrafted jewellery sales and customised job work services. With over three decades of experience in handmade jewellery, Shankesh Jewellers has built long-standing relationships with jewellery brands through its focus on craftsmanship, design and customised solutions. As of May 31, 2026, the company had 46 permanent employees and worked with 72 job workers.
Incorporated in 2005, Shankesh Jewellers Limited specialises in manufacturing customised handcrafted gold jewellery in 22-karat and 18-karat gold. Its product range includes bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangalsutras, rings and other jewellery sets across antique, semi-antique, Calcutta, temple, gheru polish, and yellow, rhodium and rose gold categ
Shankesh Jewellers IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 1,97,41,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 59,22,300 crores |
| Retail Individual Investors (RIIs) | 35% | 1,38,18,700 crores |
Shankesh Jewellers IPO Strengths & Weaknesses
Strong historical financial performance and established market presence.
Asset-light manufacturing model supported by long-term job worker relationships.
Wide range of handcrafted gold jewellery with customised design capabilities.
Established relationships with corporate and non-corporate jewellery clients.
Strong focus on quality, craftsmanship and customer satisfaction.
Experienced promoters and management team.
Heavy reliance on third-party job workers could affect production and delivery.
Fluctuations in gold prices may impact margins and inventory values.
Revenue concentration in select states exposes the company to regional risks.
Jewellery demand can be affected by economic conditions and changes in consumer spending.
Dependence on a limited number of major customers could impact revenue if key relationships are lost.
Shankesh Jewellers IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 21 Aug '26 | 25 Aug '26 | 24 Aug '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹5 per share |
| Total Issue Size | 3,94,82,000 shares (aggregating up to To be announced) |
| Fresh Issue | 58,96,400 shares (aggregating up to ₹2,94,82,000 crores) |
| Offer for Sale | 20,00,000 shares of ₹5 (aggregating up to ₹1,00,00,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Shankesh Jewellers IPO Lot Size and Investment Details
| Minimum Lot Size | 160 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Shankesh Jewellers ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Shankesh Jewellers IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Shankesh Jewellers IPO Contact & Registrar Details
Contact Details
Address
Office No. 12, 3rd Floor, 101 Mumbadevi Diamond Premises Co- Op, Society Ltd Zaveri Bazar Mumbai
Phone Number
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Aryaman Financial Services Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
