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Open
18 Aug 2026
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Close
20 Aug 2026
3
Allotment
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Listing
Tue, Aug 25, 2026
Price Band
₹88 to ₹93
Issue Size
3,94,82,000 shares (agg. up to ₹367 Cr)
Lot Size
160 Shares
Listing Date
Tue, Aug 25, 2026
Latest GMP
₹2.75
Est. Gain
2.96%
✦ AI Insight
GMP Trend
25-08-2026₹2.75Est. ₹95.75+2.96%
24-08-2026₹2.75Est. ₹95.75+2.96%
23-08-2026₹2Est. ₹95+2.15%
22-08-2026₹2Est. ₹95+2.15%
21-08-2026₹1Est. ₹94+1.08%
20-08-2026₹5Est. ₹98+5.38%
19-08-2026₹2.5Est. ₹95.5+2.69%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 1.32x |
| NII | 5.68x |
| Retail | 2.42x |
| Total | 1.96x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 403.76 | 249.56 | 177.07 |
| Total Income | 1,630.93 | 1,403.94 | 1,061.91 |
| Profit After Tax | 106.68 | 40.31 | 12.82 |
| EBITDA | 157.90 | 65.35 | 28.60 |
| NET Worth | 209.43 | 100.60 | 60.29 |
| Reserves and Surplus | 150.65 | 90.83 | 57.50 |
| Total Borrowing | 167.30 | 145.63 | 109.81 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Lalithaa Jewellery Mart Ltd. | Mainboard | ₹1,700.00 Cr | ₹201 | 9.95 | ₹248.44 | +23.60% | ₹338.60 |
| Advit Jewels Ltd. | Mainboard | ₹165.16 Cr | ₹138 | 18.41 | ₹179.46 | +30.04% | ₹269.28 |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹512.70 |
| Shringar House of Mangalsutra Ltd. | Mainboard | ₹400.92 Cr | ₹165 | 19.47 | ₹184.88 | +12.05% | ₹217.27 |
| SMR Jewels Ltd. | SME | ₹63.74 Cr | ₹128 | 18.01 | ₹103.05 | -19.49% | ₹94.63 |
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹82.83 |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹265.85 |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹64.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or part, of certain borrowings | 158.00 |
| 2 | Funding working capital requirements of the Company | 38.00 |
| 3 | General Corporate Purposes | 54.94 |
| 4 | Issue Expenses | 31.10 |
| Total | 282.05 |
About Shankesh Jewellers IPO
Updated on Aug 25, 2026
Contact Details
Shankesh Jewellers Ltd. AddressOffice No. 12, 3rd Floor,101 Mumbadevi Diamond Premises Co- Op, Society LtdZaveri BazarMumbai, Maharashtra, 400002+91 22234700089cs@shankeshjewellers.comVisit Website