Shankesh Jewellers Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹88 – ₹93
Lot Size: 160 shares
Min. Investment: ₹14,880
Total Issue Size: ₹367.18 Cr; 3,94,82,000 shares
Fresh Issue: ₹274.18 Cr; 2,94,82,000 shares
Offer for Sale: ₹93 Cr; 1,00,00,000 shares
Face Value: ₹5 per share
Issue Type: Book-built IPO
Listing At: BSE, NSE
Shares Pre-Issue: 11,75,49,420
Shares Post-Issue: 14,70,31,420

Lot Size & Investment

1 lot = 160 shares

Retail (min)

1 lot · 160 shares

Retail (max)

13 lots · 2,080 shares

S-HNI (min)

14 lots · 2,240 shares

Application	Lots	Shares	Amount
Retail	1	160	₹14,880
Small HNI (S-HNI)	14	2,240	₹2,08,320
Big HNI (B-HNI)	68	10,880	₹10,11,840

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
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	157.9	65.35	28.6
Net Worth	209.43	100.6	60.29
Reserves & Surplus	150.65	90.83	57.5
Total Borrowing	167.3	145.63	109.81

Key Performance Indicators

Key performance indicators
Period	Mar-26	Mar-25
RoNW (%)	50.94	40.07
EPS (₹)	—	9.08
P/E (pre-issue)	—	10.24
P/E (post-issue)	—	12.81

About Shankesh Jewellers Limited

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. As of May 31, 2026, the Company had 46 permanent employees on its payroll, comprising Executive Directors and KMP, Accounts and Finance, Administration, Sales and Marketing, Designing and Client Servicing, and Quality functions. The Company was also associated with 72 jobworkers. Strengths : Strong historical financial performance. Long-term relationships with local jobworkers for handcrafted gold jewellery manufacturing. Asset-light business model. Wide product range in handcrafted gold jewellery. Strong focus on quality and customer satisfaction. Established relationships with corporate and non-corporate jewellery clients. Experienced promoters and management team with proven execution capabilities. Established marketing setup.