IPO Compass› Mainboard IPOs›Shankesh Jewellers

Shankesh Jewellers

MAIN · IPO ·Gems, Jewellery And Watches ·listed ·18 to 20 Aug, 2026
Demand
Modest
subscribed 2.80x overall
Grey market
+2.1%
implied listing pop
History says
+0.0%
median at this premium · middle half -5% to +4% · n=71
Listed
+9.9%
day-1 close +2.2% vs issue
📈 GMP🧾 Subscription 🎟️ Allotment📋 Issue Overview 📊 Financials 🤝 Peers 🏢 About 🔬 GMP Engine
Latest GMP
₹2
grey-market premium
Implied pop
+2.1%
GMP over issue price
History says
+0.0%
median actual listing at this GMP (n=71)
Range of outcomes
middle half of outcomes: -4.8% to +4.0% · median +0.0%-5%+4%
middle half of 71 listings at this GMP
GMP trend
₹008/23₹208/25
14 street quotes since 08/23
Final Subscription
Subscribed 2.80xoverall · last updated 2026-08-27 00:45 UTC
CategoryShares reserved24-0826-0827-08
Shares bidTimesShares bidTimesShares bidTimes
∟QIB (Ex Anchor)78,97,0001,03,92,1601.32×1,03,92,1601.32×1,03,92,1601.32×
NII59,22,3003,36,16,9605.68×3,36,16,9605.68×3,36,16,9605.68×
∟bNII (> ₹10L)39,48,2002,08,69,1205.29×2,08,69,1205.29×2,08,69,1205.29×
∟sNII (< ₹10L)19,74,1001,27,47,8406.46×1,27,47,8406.46×1,27,47,8406.46×
Retail1,38,18,7003,34,29,1202.42×3,34,29,1202.42×3,34,29,1202.42×
Total2,76,38,0007,74,38,2402.80×7,74,38,2402.80×7,74,38,2402.80×
Allotment odds (1 lot lottery once oversubscribed) — Retail: ≈ 1 in 3 applicants · Small NII: ≈ 1 in 7 applicants · Big NII: ≈ 1 in 6 applicants
Allotment Probability
Retail · subscribed 2.42x
41%
lottery: ≈ 1 in 3 applications wins one lot · min application ₹14,880 (1 lot · 160 shares)
Small HNI (sNII) · subscribed 6.46x
15%
lottery: ≈ 1 in 7 applications wins one lot · min application ₹2,08,320 (14 lot · 2,240 shares)
Big HNI (bNII) · subscribed 5.29x
19%
lottery: ≈ 1 in 6 applications wins one lot · min application ₹10,11,840 (68 lot · 10,880 shares)
Chance of winning at least one lot per application, from the shares reserved for the category vs current demand. QIB allots pro-rata, not by lottery. Demand can spike on the final day.
📋Issue Details
Offer TypeBookbuilding IPO
Sale TypeFresh capital cum OFS
Listing AtBSE, NSE
Face Value₹ 5 per share
Price Band₹88 to ₹93
Lot Size160 shares
Total Issue Size3,94,82,000 shares (agg. up to ₹ 367 Cr)
Fresh Issue2,94,82,000 shares (agg. up to ₹ 274 Cr)
Offer for Sale1,00,00,000 shares of ₹ 5 (agg. up to ₹ 93 Cr)
Scrip / Symbol544882 / SHANKESH
ISININE1WFC01025
🗓️IPO Schedule
Open
Tue, Aug 18, 2026
Close
Thu, Aug 20, 2026
Allotment
Fri, Aug 21, 2026
Refunds
Mon, Aug 24, 2026
Demat credit
Mon, Aug 24, 2026
Listing
Tue, Aug 25, 2026
🏛️Pre & Post Issue Capital
CategoryPre IPOPost IPO
Promoter and Promoter Group95.48%69.53%
Public4.52%30.47%
Total100%100%
💰Valuation & Market Cap
EPS(₹) (pre → post)9.08 → 7.26
P/E (x) (pre → post)10.24 → 12.81
Market Cap at Offer Price₹1,394.15 Cr
📊Company Financials ₹ crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Assets403.76249.56177.07
Total Income1,630.931,403.941,061.91
Profit After Tax106.6840.3112.82
EBITDA157.9065.3528.60
NET Worth209.43100.6060.29
Reserves and Surplus150.6590.8357.50
Total Borrowing167.30145.63109.81
🎯Key Performance Indicators
ROE50.94%
ROCE41.57%
Debt/Equity0.80
RoNW50.94%
PAT Margin6.54%
EBITDA Margin9.68%
NAV17.82
Price to Book Value
🤝Recently Listed PeersGems, Jewellery And Watches
CompanyIssue priceP/EListing-day close
Lalithaa Jewellery Mart Ltd.₹2019.95₹248.44
Advit Jewels Ltd.₹13818.41₹179.46
PNGS Reva Diamond Jewellery Ltd.₹38610.96₹411.70
Shringar House of Mangalsutra Ltd.₹16519.47₹184.88
SMR Jewels Ltd.₹12818.01₹103.05
Yaashvi Jewellers Ltd.₹835.6₹87.05
Grover Jewells Ltd.₹8812.31₹100.80
Luxury Time Ltd.₹8212.57₹163.59
Lot Size — what an application costs
ApplicationLotsSharesAmount
Retail (Min)1160₹14,880
Retail (Max)132,080₹1,93,440
S-HNI (Min)142,240₹2,08,320
S-HNI (Max)6710,720₹9,96,960
B-HNI (Min)6810,880₹10,11,840
Issue Reservation
CategoryShares% of issueMax allottees
QIB1,97,41,00050.00%NA
− Anchor Investor1,18,44,60030.00%NA
− QIB (Ex. Anchor)78,96,40020.00%NA
NII (HNI)59,22,30015.00%NA
− bNII > ₹10L39,48,20010.00%1,762
− sNII < ₹10L19,74,1005.00%881
Retail1,38,18,70035.00%86,366
Total3,94,82,000100.00%–
🔔Listing Day
Issue price
₹93
Listing open
₹102
Open vs issue
+9.9%
Day-1 close
+2.2%
vs issue price
GMP trend
DateGMP ₹Implied
2026-08-252+2.1%
2026-08-252+2.1%
2026-08-252+2.1%
2026-08-252+2.1%
2026-08-252+2.1%
2026-08-242+2.1%
2026-08-242+2.1%
2026-08-242+2.1%
2026-08-242+2.1%
2026-08-242+2.1%
2026-08-240+0.0%
2026-08-240+0.0%
2026-08-230+0.0%
2026-08-230+0.0%
🏢About Shankesh Jewellers

Shankesh Jewellers IPO is a book build issue of ₹367.18 crores. The issue is a combination of fresh issue of 2.95 crore shares aggregating to ₹274.18 crores and offer for sale of 1.00 crore shares aggregating to ₹93.00 crores.

Shankesh Jewellers IPO bidding started from Aug 18, 2026 and ended on Aug 20, 2026. The allotment for Shankesh Jewellers IPO was finalized on Aug 21, 2026. The shares got listed on NSE and BSE on Aug 25, 2026.

Shankesh Jewellers IPO is set final issue price at ₹93 per share. The lot size for an application is 160 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,880 (160 shares) (based on upper price).

Aryaman Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

🎯Objects of the Issue
Object₹ Cr
Repayment/pre-payment, in full or part, of certain borrowings158.00
Funding working capital requirements of the Company38.00
General Corporate Purposes54.94
Issue Expenses31.10
👥Selling Shareholders
NameCategoryShares offered
Kantilal Kheemraj JainPromoter48,00,000
Manoj Kantilal JainPromoter52,00,000
Total1,00,00,000
💼Lead Managers
  • • Aryaman Financial Services Ltd.
  • • Smart Horizon Capital Advisors Pvt.Ltd.
🗳️Registrar
  • • Kfin Technologies Ltd.
  • allotment status is checked on the registrar's portal
🏢Registered Office
📍 Office No. 12, 3rd Floor,, 101 Mumbadevi Diamond Premises Co- Op, Society Ltd, Zaveri Bazar, Mumbai, Maharashtra, 400002
📞 +91 22234700089
✉️ cs@shankeshjewellers.com
🌐 www.shankeshjewellers.com
Grey-market numbers are unofficial street quotes, aggregated across sources. Not investment advice.