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Shankesh Jewellers IPO IPO

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Listing
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Issue Size
4,00,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

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

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Advit Jewels Ltd.Mainboard₹165.16 Cr₹13818.41₹179.46+30.04%₹194.07 (-4.43%)
PNGS Reva Diamond Jewellery Ltd.Mainboard₹379.52 Cr₹38610.96₹411.70+6.66%₹405.95 (-1.34%)
Shringar House of Mangalsutra Ltd.Mainboard₹400.92 Cr₹16519.47₹184.88+12.05%₹219.66 (-0.43%)
BlueStone Jewellery & Lifestyle Ltd.Mainboard₹1,540.65 Cr₹517null₹546.00+5.61%₹772.40 (+3.11%)
SMR Jewels Ltd.SME₹63.74 Cr₹12818.01₹103.05-19.49%₹89.00 (+2.30%)
Yaashvi Jewellers Ltd.SME₹43.88 Cr₹835.6₹87.05+4.88%₹72.00 (+2.35%)
Grover Jewells Ltd.SME₹33.83 Cr₹8812.31₹100.80+14.55%₹160.00 (+4.58%)
Luxury Time Ltd.SME₹18.74 Cr₹8212.57₹163.59+99.50%₹72.98 (-0.69%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment/pre-payment, in full or part, of certain borrowings158.00
2Funding working capital requirements38.00
3General Corporate Purposes

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 por

Contact Details

Shankesh Jewellers Ltd. AddressOffice No. 12, 3rd Floor,101 Mumbadevi Diamond Premises Co- Op, Society LtdZaveri BazarMumbai, Maharashtra, 400002+91 22234700089cs@shankeshjewellers.comVisit Website