Shankesh Jewellers IPO Details, Financials, Valuation & Peers
Explore Shankesh Jewellers IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Overview of Shankesh Jewellers
Incorporated in 2005, Shankesh Jewellers Limited is a manufacturer and provider of customised handcrafted gold jewellery with a legacy spanning over three decades in the handmade jewellery market. Operating on an asset-light model, the company manages design, material sourcing, and delivery in-house while utilizing skilled local karigars for production. It serves a diverse PAN-India clientele, ranging from non-corporate clients to major jewellery brands, including Kalyan Jewellers, Joyalukkas, and P. N. Gadgil & Sons.
Core Business and Services The company’s operations are divided into two primary segments: the sale of 18-karat and 22-karat handcrafted jewellery and the provision of custom job work services, where the company executes specific designs using bullion supplied by clients.
Key Highlights
- Extensive Product Range: Offers a wide variety of items, including necklaces, bangles, bridal sets, and jhumkas, across diverse categories such as antique, temple, and various gold finishes (yellow, rose, and rhodium).
- Reputed Client Base: Maintains strong business relationships with established jewellery houses, including Novel Jewels Limited (Aditya Birla Group) and Manoj Vaibhav Gems ‘N’ Jewellers.
- Operational Model: Utilizes an asset-light manufacturing approach that balances in-house design expertise with the craftsmanship of skilled job workers.
- Quality Standards: Ensures all jewellery is BIS-hallmarked in compliance with regulatory guidelines.
Objects of the Issue
- Repayment/pre-payment, in full or part, of certain borrowings
- Funding working capital requirements
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 18 Aug - 20 Aug 2026 |
| IPO Price Band | ₹88 - ₹93 per share |
| Fresh Issue | ₹274.18 crore |
| Offer For Sale | ₹93.00 crore |
| Total IPO Size | ₹367.18 crore |
| Face Value | ₹5 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 18 Aug 2026 |
| IPO Closing Date | 20 Aug 2026 |
| Basis Of Allotment | 21 Aug 2026 |
| Refunds | 24 Aug 2026 |
| Demat Transfer | 24 Aug 2026 |
| IPO Listing Date | 25 Aug 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 177.07 | 249.56 | 403.76 |
| Total Income | 1,061.91 | 1,403.94 | 1,630.93 |
| Profit After Tax | 12.82 | 40.31 | 106.68 |
| EBITDA | 28.60 | 65.35 | 157.90 |
| NET Worth | 60.29 | 100.60 | 209.43 |
| Reserves and Surplus | 57.50 | 90.83 | 150.65 |
| Total Borrowing | 109.81 | 145.63 | 167.30 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Shankesh Jewellers Ltd. | 10.23 | 9.09 | 50.97% | 17.82 |
| Sky Gold And Diamonds Limited | 35.42 | 18.06 | 23.37% | 77.8 |
| Shanti Gold International Limited | 9.76 | 21.22 | 23.42% | 83 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not less than 35% of the Net Offer |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1Aryaman Financial Services Ltd.
- 2Smart Horizon Capital Advisors Pvt.Ltd.
Company Address
Shankesh Jewellers Ltd.Office No. 12, 3rd Floor,
101 Mumbadevi Diamond Premises Co- Op, Society Ltd
Zaveri Bazar
Mumbai, Maharashtra – 400002
Website: https://www.shankeshjewellers.com/
Phone: +91 22234700089
Email: cs@shankeshjewellers.com
FAQs
- What is the issue size of the Shankesh Jewellers IPO?The Shankesh Jewellers IPO has an issue size of ₹367.18 crore. This includes a fresh issue of ₹274.18 crore and an offer for sale (OFS) of ₹93.00 crore.
- What is the price band of the Shankesh Jewellers IPO?The price band for the Shankesh Jewellers IPO is ₹88 - ₹93 per share.
- What are the bidding dates for the Shankesh Jewellers IPO?The Shankesh Jewellers IPO will open for bidding on 18 Aug 2026 and close on 20 Aug 2026.
- What is the allotment date for the Shankesh Jewellers IPO?The allotment date for the Shankesh Jewellers IPO is 21 Aug 2026.
- What is the listing date for the Shankesh Jewellers IPO?The listing date for the Shankesh Jewellers IPO is 25 Aug 2026.
- What is the Shankesh Jewellers IPO grey market premium?The grey market premium (GMP) for the Shankesh Jewellers IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.