Shankesh Jewelers Limited proposes to open its Initial Public Offering on Tuesday, 18 August 2026. The Anchor Investor Bidding Date is Monday, August 17, 2026 and the Bid/ Offer Closing Date is Thursday, August 20, 2026. The Price Band of the Offer has been fixed from ₹ 88 per Equity Share to ₹ 93 per Equity Share of face value ₹5 each. Bids can be made for a minimum of 160 Equity Shares of face value ₹5 each and in multiples of 160 Equity Shares thereafter.
- Issue Opens: August 18, 2026
- Issue Closes: August 20, 2026
- Face Value: Rs 5
- Price Band: Rs 88 – 93 per share
- Minimum Bid Lot: 160 Equity Shares
- Listing: BSE SME
The Offer comprises a fresh issue of up to 29,482,000 equity shares aggregating up to ₹2,594 million, and an Offer for Sale of up to 10,000,000 equity shares aggregating up to ₹880 million. Shankesh Jewellers Limited is a Mumbai-headquartered, B2B jewellery company engaged in the business of handcrafted gold jewellery and customisation services for clients across India. The Company acts as a principal contractor across design, inventory management and finished jewellery are delivered directly to their clients.
Company enjoys a legacy in handmade jewelry for over 3 decades. Shankesh Jewellers serves Pan-India B2B customer base comprising established corporate and non-corporate jewellery players. The company’s clientele includes Joyalukkas, P. N. Gadgil & Sons, Kalyan Jewellers, P N Gadgil Jewellers, Manoj Vaibhav Gems ‘N’ Jewellers, Novel Jewels (Aditya Birla Group), Bhima Jewellery Madurai, Hari Prasad Gopi Krishna Saraf Pvt Ltd, D.P. Abhushan, Vysyaraju Jewellers, Gajaananda Jewellery Mart, Arundhati Jewellers, Verma Jewellers and Sham Jewellers, among others.
Shankesh Jewelers has consistently reported growth in revenue from operations along with profitability. In the fiscal Years 2026, 2025, and 2024, the company served 418, 457, and 448 customers, respectively. Revenue from operations was ₹16,307, ₹14,038 million and ₹10,617 million for the same period, representing year-on-year growth in revenue of 16.17% in fiscal 2026 and 32.21% in fiscal 2025.
