Shankesh Jewellers opens its IPO for subscription today, August 18. The mainboard issue has a price band of Rs. 88–93 per share and is scheduled to close on August 20. The total issue size is around Rs. 367.2 cr.
The company plans to use the fresh capital for business expansion and brand-building initiatives. With multiple jewellery and consumer-focused IPOs currently competing for investor attention, subscription figures across retail and institutional categories will be closely watched.
