Shankesh Jewellers IPO Opens With ₹367 Crore Public Issue
· Business · LiveMint, Economic Times
Shankesh Jewellers Ltd will open its initial public offering on August 18, 2026, with the bidding closing on August 20, 2026. The company has fixed a price band of ₹88 to ₹93 per equity share to raise ₹367 crore through a combination of fresh capital and an Offer for Sale. Ahead of the launch, company shares were trading at a grey market premium of ₹5, marking a 5% increase over the upper price band. Bidders can apply for a minimum lot size of 160 shares. The public issue is slated for listing on the NSE and BSE exchanges on August 25, 2026.
Why it matters
Retail investors and market participants gain a new primary market opportunity in the jewellery sector as Shankesh Jewellers targets capital expansion.
Read the original report — LiveMint
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