Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Shankesh Jewellers Ltd. on February 6, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Shankesh Jewellers Ltd. IPO is a Book Build Issue of 4.00 crore equity shares consisting of a fresh issue of upto 3.00 crore equity shares and an offer for sale (OFS) of upto 1.00 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Aryaman Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Shankesh Jewellers IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 4,00,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 3,00,00,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 1,00,00,000 shares of ₹5 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 11,75,49,420 shares |
| Share Holding Post Issue | 14,75,49,420 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Fri, Feb 6, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Offer |
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
| NII Shares Offered | Not less than 15.00% of the Net Offer |
Incorporated in 2005, Shankesh Jewellers Limited is engaged in the business of manufacturing and providing customised handcrafted gold jewellery. The company specialises in 22-karat and 18-karat gold jewellery, offering a wide product portfolio including bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangalsutras, rings, and combined sets across categories such as antique, semi-antique, Calcutta, temple, gheru polish, and yellow/rodium/rose gold jewellery.
The company distributes products PAN-India to both corporate and non-corporate clients. Its clientele includes reputed jewellers such as Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewellers India Limited, Novel Jewels Limited (Aditya Birla Group), Manoj Vaibhav Gems ‘N’ Jewellers Limited, and other established jewellery houses.
Shankesh Jewellers follows an asset-light model by engaging skilled local karigars and jobworkers for production while managing design, material sourcing, and delivery in-house. In addition to product sales, it offers job work services where clients provide bullion and specific design requirements. All jewellery is BIS-hallmarked as per regulatory guidelines.
Its product portfolio is classified into two segments:
Sales of handcrafted jewellery (22k and 18k)
Custom job work services (client-supplied bullion and design execution)
With a legacy of over three decades in the handmade jewellery market, the company has built strong relationships with leading jewellery brands by consistently delivering design excellence, craftsmanship, and customised solutions.
Shankesh Jewellers Ltd.'s revenue increased by 32% and profit after tax (PAT) rose by 215% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 249.56 | 177.07 | 174.34 |
| Total Income | 1,403.94 | 1,061.91 | 909.20 |
| Profit After Tax | 40.31 | 12.82 | 10.44 |
| EBITDA | 65.46 | 28.72 | 22.60 |
| NET Worth | 100.60 | 60.29 | 47.52 |
| Reserves and Surplus | 90.83 | 57.50 | 44.73 |
| Total Borrowing | 145.63 | 109.81 | 98.40 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or part, of certain borrowings | 158.00 |
| 2 | Funding working capital requirements | 38.00 |
| 3 | General Corporate Purposes |
Lead Manager Reports
Shankesh Jewellers IPO is a main-board IPO of 4,00,00,000 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Shankesh Jewellers IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Shankesh Jewellers IPO using UPI as a payment gateway. Zerodha customers can apply in Shankesh Jewellers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shankesh Jewellers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shankesh Jewellers IPO dates are not announced. Please check back again after some time.
Shankesh Jewellers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shankesh Jewellers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shankesh Jewellers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shankesh Jewellers IPO allotment status.
The Shankesh Jewellers IPO listing date is not yet announced. The tentative date of listing is .
