
Consumer Discretionary · NSE / BSE
Incorporated in 2005, Shankesh Jewellers Limited is engaged in manufacturing and supplying customised handcrafted gold jewellery, mainly in 22-karat and 18-karat, offering a wide range of products like bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangalsutras, and rings across various styles such as antique, temple, gheru polish, and different gold finishes. The company distributes its products across India to both corporate and retail clients, including well-known jewellery brands, and follows an asset-light model by working with skilled karigars and job workers while managing design, sourcing, and delivery internally. It also provides job work services where customers supply bullion and designs, and all products are BIS-hallmarked, with the business built on long-standing industry relationships and a strong focus on craftsmanship and customised offerings.
Price Band
₹88 – ₹93
Issue Size
₹3948.20 L Cr
Lot Size
160 shares
GMP
+3.0%
Est. Listing
₹95.75
at current GMP
Subscribed
2.06x
overall
Open
18 Aug 2026
Close
20 Aug 2026
Allotment
21 Aug 2026
Refund
22 Aug 2026
Demat Credit
23 Aug 2026
Listing
25 Aug 2026
Last updated: 25 Aug 2026
Current Premium
Issue Price (Upper)
₹93
Band: ₹88 – ₹93
Estimated Listing Price
₹95.75
Upper price + GMP
Lot Size
160 shares
Min investment ₹14,880
Estimated Profit / Lot
₹440
160 × ₹2.75
Grey Market Premium trend
+₹2.75
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹2.75 | 3.0% | ₹95.75 |
| 26 Sep 2026 | +₹2.75 | 3.0% | ₹95.75 |
| 25 Sep 2026 | +₹2 | 2.7% | ₹95 |
GMP is unofficial market data. Not a guarantee of listing performance.
Shankesh Jewellers Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹3,94,82,000 Crores. The shares are offered at a price band of ₹88 to ₹93 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 160 shares (approx. ₹14,880 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-23, while un-allotted funds or UPI block mandates will be released on 2026-08-22.
The latest grey market premium for Shankesh Jewellers Limited IPO is ₹2.75, which indicates an expected listing price of ₹95.75.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.