Shankesh Jewellers share price is ₹97.41 at the 12 Oct close, +4.7% from the ₹93.00 IPO price. It listed at ₹103.30 on 25 Aug.
Open the full chart →Updated · GMP, subscription and listing data refresh through the day.
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹1,061.78 | ₹1,403.83 | ₹1,630.79 |
| Expenses | — | — | — |
| Net profit (PAT) | ₹12.82 | ₹40.31 | ₹106.68 |
| PAT margin | 1.2% | 2.9% | 6.5% |
| Total assets | — | ₹249.56 | ₹403.76 |
The founding owners and their group entities.
The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
| Application | Shares | Amount at ₹93 |
|---|---|---|
| Retail (min)1 lot | 160 | ₹14,880 |
| Retail (max)13 lots | 2,080 | ₹1,93,440 |
| sHNI (min)14 lots | 2,240 | ₹2,08,320 |
| bHNI (min)68 lots | 10,880 | ₹10,11,840 |
One lot is 160 shares, so a single application at the ₹93 cut-off costs ₹14,880. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Shankesh Jewellers Limited, the registrar is KFIN Technologies Limited — allotment is finalised in the days between the issue closing on 20 Aug 2026 and listing on 25 Aug 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
No current grey market premium reading is being quoted for the Shankesh Jewellers Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.
No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.
The premium is checked about every 20 minutes from third-party grey-market reporters while the issue is live. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.
As of 20 Aug, 7:05 pm the Shankesh Jewellers Limited IPO is subscribed 2.8× overall: QIB 1.32×, non-institutional 5.68× and retail 2.42×. Figures are the exchange's consolidated demand across NSE and BSE.
The retail portion is subscribed 2.42× as of 20 Aug, 7:05 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.
Overall subscription at the end of each bidding day — day 1 (18 August 2026): 0.36×, day 2 (19 August 2026): 0.94×, day 3 (20 August 2026): 2.8× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.
Allotment for the Shankesh Jewellers Limited IPO is expected to be finalised on 21 August 2026, the trading day after the issue closes on 20 August 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 24 August 2026 and the shares list on 25 August 2026. Dates are tentative until the registrar and exchange confirm them.
Allotment is decided and published by the registrar, KFIN Technologies Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.
The registrar to the Shankesh Jewellers Limited IPO is KFIN Technologies Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
Bidding for the Shankesh Jewellers Limited IPO opens on 18 August 2026 and closes on 20 August 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.
The shares are scheduled to list on 25 August 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.
Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 18 August 2026 and 20 August 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹93); a UPI mandate must be approved by 5:00 pm on the closing day.
20 August 2026 is the last day of bidding. Allotment is then expected on 21 August 2026, refunds and demat credit on 24 August 2026, and listing on 25 August 2026 — tentative until confirmed.
The Shankesh Jewellers Limited IPO price band is ₹93 to ₹93 per share. Applications are made at the cut-off price, which is the upper end of the band.
One lot is 160 shares, so a single application at the ₹93 cut-off costs ₹14,880. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.
₹14,880 — one lot of 160 shares at ₹93. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Shankesh Jewellers Limited is a mainboard issue listing on NSE. The lead manager is Aryaman Financial Services Limited.
The issue size is ₹367.18 crore, of which ₹274.18 crore is a fresh issue and ₹93 crore an offer for sale by existing shareholders.
Shankesh Jewellers Limited reported revenue of ₹1,630.79 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.
Shankesh Jewellers Limited reported a profit after tax of ₹106.68 crore in FY2026. Earlier years are in the table above.
From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.
The promoter and promoter group hold 69.53% after the issue, down from 95.48% before it, as disclosed in the offer document.
Before the issue the promoter and promoter group hold 95.48% of Shankesh Jewellers Limited. An unlisted company has no public shareholders; the public holding is created by the shares sold in this IPO.
The pre-issue register is the capital structure disclosed in the offer document; the post-issue pattern is the company's shareholding-pattern filing with NSE or BSE once it is published, and the offer document's disclosed post-issue register until then.
The offer document for the Shankesh Jewellers Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
The company has strong historical financial results, showing growth in operations and profitability. The company has long-term relationships with local jobworkers for crafting jewellery, ensuring quality and timely delivery. The company operates on an asset-light business model, leveraging karigars' expertise for jewellery manufacturing. The page lists all 7 as disclosed.
The business and demand for products rely on the success of customers' products with end consumers. Jewellery purchases are discretionary and may be negatively impacted by factors affecting discretionary spending. A significant portion of revenue is concentrated in the Top 5 states, exposing the company to regional economic, cultural, geopolitical, and local market risks. The page lists all 7 disclosed risk factors.
The Shankesh Jewellers Limited shares are scheduled to list on 25 August 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.
Shankesh Jewellers Limited listed at ₹103.3, a gain of 11.1% on the ₹93 issue price.
On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.
Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹2 on a ₹93 upper band means the grey market is dealing at ₹95.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.