About the Shankesh Jewellers IPO
Shankesh Jewellers is a Mainboard issue listing on Equity with an issue size of 367.18. The price band is ₹88-93 per share and one lot is 160 shares. Bidding runs from 18 Aug 2026 to 20 Aug 2026. The minimum application is one lot, which costs ₹14,880 at the upper band.
What the GMP implies
At the last recorded GMP of ₹2.75, the grey market is pricing Shankesh Jewellers at about ₹96 on listing, against the upper price band of ₹93, or roughly ₹440 per lot.
.GMP changes daily and is often wrong on listing day: it is an unofficial figure from informal dealers, not a price you can trade at.
Shankesh Jewellers IPO key dates
| Bidding opens | 18 Aug 2026 |
| Bidding closes | 20 Aug 2026 |
| Allotment | 21 Aug 2026 |
| Refunds start | 24 Aug 2026 (expected) |
| Shares credited to demat | 24 Aug 2026 (expected) |
| Listing | 25 Aug 2026 |
Dates marked "expected" follow SEBI's T+3 timeline from the closing date and change if the company announces otherwise.
How much to apply with
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 160 | ₹14,880 |
| Retail (max) | 13 | 2,080 | ₹1,93,440 |
| Small HNI (min) | 14 | 2,240 | ₹2,08,320 |
| Small HNI (max) | 67 | 10,720 | ₹9,96,960 |
| Big HNI (min) | 68 | 10,880 | ₹10,11,840 |
Retail bids are capped at ₹2 lakh; small HNI is ₹2–10 lakh; big HNI is above ₹10 lakh. Amounts at the upper price band.
How to apply
1. Open the IPO section in your broker app, or ASBA in your bank's net banking.
2. Pick Shankesh Jewellers, enter the number of lots and bid at the cut-off price.
3. Approve the UPI mandate on your phone before the closing day's cut-off.
4. Check allotment after 21 Aug 2026 using the button above.