Shankesh Jewellers
B2B maker of handcrafted gold jewellery.
Last updated 2 Sept 2026, 10:09 am IST
- Price band
- ₹88 – ₹93
- Lot size
- 159
- Issue size
- ₹367.18 Cr
- Opens
- 18 Aug 2026
- Closes
- 20 Aug 2026
- Exchange
- Both
The numbers
- GMP
- ₹2.75 (~2.96%) (listing eve; was ₹5 (~5.4%) at close)
- Subscription
- 2.80× (final, corrected)
- Listing gain
- NSE +11.1% / BSE +9.9% (25 Aug)
- Listing date
- 25 Aug 2026
- Model prediction
- ~flat expected → Neutral. Listed +11.1% NSE / +9.9% BSE (25 Aug); market beat the flat read.
The Ticker Tales take
Shankesh Jewellers is a B2B maker of handcrafted gold jewellery. ₹367.18 Cr issue at ₹88–93 that closed on 20 Aug. Demand finished muted at ~2.80× and the grey-market premium thinned to ~₹2.75 (~3%) by listing eve, with no clear Anil Singhvi call — so we saw no real listing edge and called it Neutral. It listed on 25 Aug at ₹103.30 on NSE (+11.1%) and ₹102.20 on BSE (+9.9%) versus the ₹93 issue price — a solid double-digit debut that beat our flat read. The market was more generous than the thin grey-market signal suggested; we report the miss rather than re-rate a frozen call.
More details
- Anil Singhvi - Long-term call
- Not clearly stated
- Anil Singhvi - Listing-gain call
- Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.