Shankesh Jewellers IPO
B2B Jewellery (Gold - Listed on 25 August 2026
Shankesh Jewellers IPO listing summary
Shankesh Jewellers (B2B Jewellery (Gold) closed its IPO window in 2026 and listed on NSE and BSE on 25 August 2026 at an upper band issue price of Rs 35, opening at Rs 93 for a listing gain of +94.8% and closing day one at Rs 103.3 (+11.1% on closing basis). The IPO was subscribed 0.94x overall - QIB -8.21x, HNI/NII 1.32x, Retail 5.68x. The total issue size was available on this page (Fresh Issue Rs 367.18 Cr, OFS Rs 274.18 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Shankesh Jewellers IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 93 | +2.80% |
| Day 2 | Rs 8 | +4.30% |
| Day 3 | Rs 4 | +5.38% |
| Day 4 | Rs 1 | +1.10% |
| Day 5 | Rs 5 | +5.38% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 89.8 pp (Variance observed)
Issue & financials
Market context at listing
How the broader market moved around the Shankesh Jewellers IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Shankesh Jewellers IPO - FAQs
What was the listing gain of Shankesh Jewellers IPO?
Shankesh Jewellers IPO listed at +94.8% versus the upper issue price of Rs 35 on 25 August 2026.
How many times was Shankesh Jewellers IPO subscribed?
Shankesh Jewellers IPO was subscribed 0.94x overall. QIB portion was subscribed -8.21x, HNI / NII 1.32x and Retail 5.68x.
What was the IPO GMP for Shankesh Jewellers?
IPO GMP started at Rs 93 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.