Shankesh Jewellers is scheduled to open its IPO on August 18. The company has fixed the price band at Rs. 88–93 per share, with the total issue size estimated at Rs. 367.18 cr. The issue includes a fresh component of up to Rs. 274.18 cr. and an OFS component of up to Rs. 93 cr.
The company will be entering the primary market alongside several other large offerings. Investors will therefore compare its valuation and financial performance with other jewellery-sector IPOs, particularly Lalithaa Jewellery Mart.
