Mumbai, Aug. 21 -- The initial public offer of Shankesh Jewellers received bids for 7,74,38,400 shares as against 2,76,37,400 shares on offer. The issue was subscribed 2.80 times.

The qualified institutional buyers' (QIB) portion was subscribed 1.32 times, while the non-institutional investors' (NII) category was subscribed 5.68 times. The retail individual investors' (RII) segment was subscribed 2.42 times.

The issue opened for bidding on 18 August 2026 and it closed on 20 August 2026. The price band of the IPO is fixed between Rs 88 and 93 per share.

The IPO comprised fresh issue of equity shares worth up to Rs 274.18 crore and an offer for sale of 1,00,00,000 equity shares aggregating up to Rs 93 crore by Kantilal Kheemraj Jain and ...