Shankesh Jewellers IPO Subscription
ListedUpdated 25 August 2026, 9:15 AM IST· Mainboard
Shankesh Jewellers IPO subscription closed on 20 August 2026 at 2.06x overall by shares. QIB demand came in at 0.58x, NII at 5.68x, and retail at 2.42x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 21 August 2026. Listing date on NSE and BSE is 25 August 2026.
Shankesh Jewellers IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 18 Aug 2026 | 0.03x | 0.38x | 0.53x | 0.36x |
| Day 2 - 19 Aug 2026 | 0.76x | 0.76x | 1.13x | 0.94x |
| Day 3 - 20 Aug 2026 | 1.32x | 5.68x | 2.42x | 2.80x |
Shankesh Jewellers IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Shankesh Jewellers IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 1.87x | 1 in 2 |
| SHNI (Rs 2L to Rs 10L) | 6.24x | 1 in 6 |
| BHNI (above Rs 10L) | 0.94x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Shankesh Jewellers IPO Allotment Status page from 21 August 2026 for your result.
Shankesh Jewellers IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 93.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 166.44 Cr | Rs 96.65 Cr | 0.58x |
| FII | - | Rs 51.76 Cr | - |
| DFI | - | Rs 2.07 Cr | - |
| Mutual Funds | - | Rs 2.08 L | - |
| Other | - | Rs 42.81 Cr | - |
| NII | Rs 55.08 Cr | Rs 312.64 Cr | 5.68x |
| bNII (above Rs 10L) | Rs 36.72 Cr | Rs 194.08 Cr | 5.29x |
| Corporate | - | Rs 7.59 Cr | - |
| Individual | - | Rs 171.01 Cr | - |
| Other | - | Rs 15.48 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 18.36 Cr | Rs 118.55 Cr | 6.46x |
| Corporate | - | Rs 65.77 L | - |
| Individual | - | Rs 113.68 Cr | - |
| Other | - | Rs 4.22 Cr | - |
| Retail | Rs 128.51 Cr | Rs 310.89 Cr | 2.42x |
| Cut-off price | - | Rs 266.07 Cr | - |
| Fixed price | - | Rs 44.82 Cr | - |
| Total | Rs 350.03 Cr | Rs 720.18 Cr | 2.06x |
Shankesh Jewellers IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,78,97,000 | 55 | 0.00x |
| FII | - | 7 | - |
| DFI | - | 22 | - |
| Mutual Funds | - | 1 | - |
| Other | - | 25 | - |
| NII | 2,644 | 7,144 | 2.70x |
| bNII (above Rs 10L) | 1,763 | 1,649 | 0.94x |
| Corporate | - | 74 | - |
| Individual | - | 1,425 | - |
| Other | - | 150 | - |
| sNII (Rs 2L to Rs 10L) | 881 | 5,495 | 6.24x |
| Corporate | - | 28 | - |
| Individual | - | 5,266 | - |
| Other | - | 201 | - |
| Retail | 86,367 | 1,61,227 | 1.87x |
| Cut-off price | - | 1,38,970 | - |
| Fixed price | - | 22,257 | - |
| Total | 1,79,86,011 | 1,68,426 | 0.01x |
What Do These Subscription Numbers Mean?
2.06x overall by shares means bids covered about 2 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 0.58x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (2.70x by applications). Split: SHNI 6.24x, BHNI 0.94x by applications. SHNI and BHNI allotment is by lottery.
At 1.87x subscription by applications, about 1 in 2 retail applicants may get allotment (~54% chance per application). Retail allotment is also by lottery.
Shankesh Jewellers IPO GMP After Subscription
GMP for Shankesh Jewellers IPO stands at Rs 3.00 today, giving an estimated listing price of Rs 96.00 per share.
A subscription of 2.06x combined with a GMP of 3.23% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Shankesh Jewellers IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Shankesh Jewellers IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 18 August 2026 |
| IPO Close Date | 20 August 2026 |
| Allotment Date | 21 August 2026 |
| Refund Initiation | 22 August 2026 |
| Share Credit to Demat | 22 August 2026 |
| Listing Date | 25 August 2026 |
| Minimum Investment | Rs 14,880.00 |
| Lot Size | 160 shares |
About Shankesh Jewellers IPO
Shankesh Jewellers Limited (incorporated in 2005 as H. K. Gold Private Limited) is a B2B manufacturer and wholesaler of customized handcrafted gold jewellery based in Zaveri Bazar, Mumbai.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Shankesh Jewellers IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Shankesh Jewellers IPO Details
Issue size, price, financials, and company info
Shankesh Jewellers IPO GMP
Live grey market premium and listing estimate
Shankesh Jewellers IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Shankesh Jewellers IPO Allotment
Allotment date, chances, and check by PAN
Shankesh Jewellers IPO Review
SWOT, strengths, risks, and IPO review
Shankesh Jewellers IPO FAQ
Common questions on dates, GMP, and allotment
Shankesh Jewellers IPO Registrar
Registrar website and how to check allotment
Shankesh Jewellers IPO Timeline
Open, close, allotment, and listing dates
Shankesh Jewellers IPO News
Updates, blogs, and latest IPO news
Shankesh Jewellers IPO Subscription FAQs
What is Shankesh Jewellers IPO subscription status today?
Shankesh Jewellers IPO subscription closed on 20 August 2026 with overall subscription of 2.06x (by shares) as of 9 September 2026, 7:01 PM IST. QIB 0.58x, NII 2.70x, Retail 1.87x.
What is the overall subscription of Shankesh Jewellers IPO?
Shankesh Jewellers IPO is subscribed 2.06x overall by shares at close on 20 August 2026. QIB 0.58x, NII 2.70x, and Retail 1.87x.
What is Shankesh Jewellers IPO QIB subscription?
Shankesh Jewellers IPO QIB (Qualified Institutional Buyers) subscription is 0.58x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Shankesh Jewellers IPO Retail subscription?
Shankesh Jewellers IPO Retail subscription is 1.87x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Shankesh Jewellers IPO NII, SHNI, and BHNI subscription?
Shankesh Jewellers IPO NII subscription is 2.70x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 6.24x and BHNI (above Rs 10L) at 0.94x.
What are Shankesh Jewellers IPO retail allotment chances?
At 1.87x subscription by applications, about 1 in 2 retail applicants may get allotment (~54% chance per application). Allotment is by lottery. Share subscription was 2.42x. Allotment chances use applications, not share volume.
What are Shankesh Jewellers IPO SHNI allotment chances?
At 6.24x subscription by applications, about 1 in 6 SHNI applicants may get allotment (~16% chance per application). Allotment is by lottery.
What are Shankesh Jewellers IPO BHNI allotment chances?
Shankesh Jewellers IPO BHNI share subscription is 5.29x. Application data is needed for exact lottery chances.
When is Shankesh Jewellers IPO allotment date?
Shankesh Jewellers IPO allotment date is 21 August 2026. Check Shankesh Jewellers IPO Allotment Status on IPOwiz from that day using your PAN.
When does Shankesh Jewellers IPO subscription close?
Shankesh Jewellers IPO subscription closed on 20 August 2026. No new applications are accepted after the close.
What is Shankesh Jewellers IPO GMP today?
Shankesh Jewellers IPO GMP is ₹3 today (+3.23% over issue price ₹93). See live GMP on the Shankesh Jewellers IPO GMP Today page.
What is Shankesh Jewellers IPO issue price and lot size?
Shankesh Jewellers IPO issue price is ₹93 per share. Lot size is 160 shares. Minimum investment is ₹14,880 per lot. Issue size: ₹367.18 Cr.
When is Shankesh Jewellers IPO listing date?
Shankesh Jewellers IPO listing date is 25 August 2026 on NSE and BSE. Allotment is on 21 August 2026.
How does subscription affect Shankesh Jewellers IPO allotment?
In Shankesh Jewellers IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 2.06x overall, competition is moderate.
For allotment results from 21 August 2026, visit the Shankesh Jewellers IPO Allotment Status page. For listing day updates on 25 August 2026, download the IPOwiz App.
Sources
We match Shankesh Jewellers IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.