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Shankesh Jewellers opens ₹367 crore IPO, targets August 25 listing

Mumbai-based B2B gold jewellery supplier Shankesh Jewellers launched a Rs 367-crore IPO, with proceeds earmarked for debt repayment, working capital and corporate purposes. The company supplies handcrafted gold jewellery to retailers across India through an asset-light outsourced-manufacturing model.

Newer report on another story , , CNBC-TV18 : Shankesh Jewellers’ Q1 profit more than doubles as revenue rises 55%

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Reported figures

From the report. Source details below

Price band: Rs 88-93 per share
Fresh issue: up to 2.95 crore shares
Offer for sale: up to 1 crore shares
Anchor investment: Rs 110.15 crore

The source

Source Read the source at NDTV Profit

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