Shankesh Jewellers IPO Announced: Check Issue Details & Key Dates
- 11th August 2026
- 01:00 PM
- 3 min read
Summary
Shankesh Jewellers is set to open its IPO for subscription on August 18, 2026, with a price band of ₹88-₹93 per share. The public issue will remain open until August 20, 2026.Mumbai | August 11, 2026
Shankesh Jewellers is set to open its public offering (IPO) for subscription on August 18, 2026. The company has fixed the price band at ₹88 to ₹93 per share. The IPO will remain open for subscription until August 20, 2026.
Here are the key details of the Shankesh Jewellers IPO:
| Particulars | Details |
| IPO Open Date | August 18, 2026 |
| IPO Close Date | August 20, 2026 |
| Price Band | ₹88-₹93 per share |
| Face Value | ₹5 per share |
| Lot Size | 160 shares |
| Minimum Investment | ₹14,880 |
| Issue Type | Book Built Issue |
| Issue Structure | Fresh Issue + Offer for Sale |
| Listing | BSE, NSE |
| Tentative Listing Date | August 25, 2026 |
Shankesh Jewellers IPO Structure
The Shankesh Jewellers IPO comprises an issue of shares and an offer for sale (OFS). The fresh issue will result in funds being raised by the company while the proceeds from the OFS will go to the selling shareholders.
Objectives of the Shankesh Jewellers IPO
The company proposes to utilise the proceeds from the fresh issue towards the following objectives:
- Repayment/prepayment, in full or part of certain borrowings: ₹158 crore
- Funding working capital requirements: ₹38 crore
- General corporate purposes
The utilisation of the IPO proceeds is subject to the terms and conditions outlined in the company’s offer documents.
Shankesh Jewellers IPO Reservation
The issue has been reserved for categories of investors. As per the IPO details, not more than 50% of the issue is available for Qualified Institutional Buyers (QIBs), while not less than 35% is reserved for retail investors and not less than 15% for Non-Institutional Investors (NIIs).
Shankesh Jewellers IPO Timeline
The tentative IPO schedule is as follows:
IPO Opens- August 18, 2026
IPO Closes- August 20, 2026
Basis of Allotment- August 21, 2026
Refund/Unblocking- August 24, 2026
Credit of Shares- August 24, 2026
Listing- August 25, 2026
About Shankesh Jewellers
Incorporated in 2005 Shankesh Jewellers Limited is engaged in the manufacturing and retailing of jewellery with a focus on 22-karat and 18-karat gold jewellery. The company’s product portfolio includes gold jewellery, diamond jewellery, chains, earrings, rings and other categories such as articles, silver coins and platinum jewellery.
The company’s customer base includes individuals seeking jewellery for occasions such as weddings, festivals and other personal celebrations.
Outlook
The Shankesh Jewellers IPO will open for subscription on August 18 and close on August 20, 2026. The price band has been fixed at ₹88-₹93 per share, with the tentative listing scheduled for August 25. Investors should review the company’s business, financial performance, valuation, risk factors and other details in the offer document before making an investment decision.
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