Shankesh Jewellers’ ₹367 crore IPO closes with 1.18x subscription

Custom gold-jewellery manufacturer Shankesh Jewellers closes its Rs 367.18 crore IPO subscription on Aug. 20. Its issue was subscribed 1.18 times by 11:30 a.m., with a Rs 2 grey-market premium implying a 2.15% potential listing gain.

Newer report , , Mint : Shankesh Jewellers hits ₹116 record high, up 18% intraday

  • Banaraswala: 3 → 50 outlets by March 2027
  • Nestle India: Sales +20.5% · Profit +36.3%

Reported figures

From the report. Source details below

Shankesh Jewellers fresh issue: Rs 274.18 crore
Shankesh Jewellers OFS: Rs 93 crore
Shankesh Jewellers price band: Rs 88-Rs 93 per share
Listing scheduled: Aug. 25

The source

Source Read the source at NDTV Profit Published

First seen