Shankesh Jewellers Limited Proposes Initial Public Offering (IPO) of Up to 40 Million Equity Shares

Commodities

3rd November 2025, 5:51 AM

Shankesh Jewellers Limited Proposes Initial Public Offering (IPO) of Up to 40 Million Equity Shares

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Stocks Mentioned :

Aryaman Financial Services Limited

Short Description :

Shankesh Jewellers Limited is planning an Initial Public Offering (IPO) to raise funds by issuing up to 40,000,000 equity shares. The offering includes a fresh issue of 30,000,000 shares and an offer for sale of 10,000,000 shares. Kanga & Co is providing legal advice for the company and the lead managers of the IPO. Shankesh Jewellers operates in the wholesale handcrafted gold jewellery business, serving corporate and non-corporate clients as a B2B supplier.

Detailed Coverage :

Shankesh Jewellers Limited has announced plans for an Initial Public Offering (IPO). The company aims to issue a total of up to 40,000,000 equity shares, each with a face value of ₹5. This includes a fresh issuance of 30,000,000 equity shares, which will bring new capital into the company, and an offer for sale of 10,000,000 equity shares, allowing existing shareholders to sell their stakes.

Kanga & Co is acting as the legal advisor for Shankesh Jewellers Limited and the Book Running Lead Managers, which include Aryaman Financial Services Limited and Smart Horizon Capital Advisors Private Limited. The legal team consists of Chetan Thakkar, Tejal Patankar, and Meghna Sharma.

Shankesh Jewellers specializes in the wholesale of handcrafted gold jewellery. They also offer customisation services, positioning themselves as a business-to-business (B2B) supplier catering to both corporate entities and other businesses.

Impact: This IPO will allow Shankesh Jewellers to raise capital, potentially for expansion, working capital, or debt repayment, which could lead to future growth. The offer for sale component allows early investors or promoters to partially exit. The successful listing could also increase the company's visibility and credibility. For investors, it presents an opportunity to invest in the Indian jewellery sector. The impact on the stock market could be moderate, depending on market sentiment and the valuation of the IPO.

Impact Rating: 6/10

Difficult Terms: Initial Public Offering (IPO): The first time a private company offers its shares to the public to raise capital through a stock exchange. Equity Shares: Ordinary shares of a company, representing ownership. Fresh Issue: Issuance of new shares by a company to raise capital. Offer for Sale (OFS): Existing shareholders sell their shares to the public. Book Running Lead Managers (BRLM): Investment banks that manage the IPO process, underwriting the issue and marketing it to investors. B2B (Business-to-Business): A business model where companies sell products or services to other businesses.