Shankesh Jewellers Limited IPO Details

MAINBOARD

Shankesh Jewellers IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

Shankesh Jewellers IPO total issue size comprises 4,00,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 3,00,00,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 1,00,00,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 11,75,49,420, which will increase to 14,75,49,420 post-issue.

The Lead Managers for Shankesh Jewellers IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Aryaman Financial Services Limited, Smart Horizon Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Shankesh Jewellers Limited DRHP.

Shankesh Jewellers IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹5 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
117549420
Share holding post issue
147549420
Total Issue Size
4,00,00,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
3,00,00,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
1,00,00,000 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
Filed With SEBI

Shankesh Jewellers IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Shankesh Jewellers IPO Reservation

Promoter Holding

Pre Issue:95.48%
Post Issue:-
Promoter Names:
Kantilal Kheemraj Jain, Mahavir Kantilal Jain and Manoj Kantilal Jain

Documents

Shankesh Jewellers IPO Valuations

To be announced

Shankesh Jewellers Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets249.56177.07174.34
Total Income1,403.941,061.91909.20
Profit After Tax40.3112.8210.44
EBITDA65.4628.7222.60
NET Worth100.6060.2947.52
Reserves and Surplus90.8357.5044.73
Total Borrowing145.63109.8198.40
Amount in ₹ Crore

About Shankesh Jewellers IPO

Incorporated in 2005, Shankesh Jewellers Limited is engaged in the business of manufacturing and providing customised handcrafted gold jewellery. The company specialises in 22-karat and 18-karat gold jewellery, offering a wide product portfolio including bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangalsutras, rings, and combined sets across categories such as antique, semi-antique, Calcutta, temple, gheru polish, and yellow/rodium/rose gold jewellery.

The company distributes products PAN-India to both corporate and non-corporate clients. Its clientele includes reputed jewellers such as Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewellers India Limited, Novel Jewels Limited (Aditya Birla Group), Manoj Vaibhav Gems ‘N’ Jewellers Limited, and other established jewellery houses.

Shankesh Jewellers follows an asset-light model by engaging skilled local karigars and jobworkers for production while managing design, material sourcing, and delivery in-house. In addition to product sales, it offers job work services where clients provide bullion and specific design requirements. All jewellery is BIS-hallmarked as per regulatory guidelines.

Its product portfolio is classified into two segments:

  • Sales of handcrafted jewellery (22k and 18k)

  • Custom job work services (client-supplied bullion and design execution)

With a legacy of over three decades in the handmade jewellery market, the company has built strong relationships with leading jewellery brands by consistently delivering design excellence, craftsmanship, and customised solutions.

Strength Of Shankesh Jewellers IPO

To be announced

Risk Of Shankesh Jewellers IPO

To be announced

Objectives Shankesh Jewellers IPO

1. Repayment/pre-payment, in full or part, of certain borrowings

2. Funding working capital requirements

3. General Corporate Purposes

Company Contact Details

Shankesh Jewellers Ltd.
Office No. 12, 3rd Floor,
101 Mumbadevi Diamond Premises Co- Op, Society Ltd
Zaveri Bazar
Mumbai, Maharashtra, 400002
Phone: +91 22234700089
Email: cs@shankeshjewellers.com
Website: https://www.shankeshjewellers.com/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

Comments