New Delhi, Aug. 19 -- The initial public offering (IPO) of Shankesh Jewellers is seeing decent buying interest, even as grey market trends suggest the stock could list at a modest premium to the issue price.

Shankesh Jewellers IPO opened for public subscription on Tuesday, 18 August, and will remain open until Thursday, 20 August. The issue price band is fixed at Rs.88 to Rs.93 per share.

The book-build issue comprises a fresh issue of 29,482,000 shares to raise Rs.274.18 crore and an offer for sale (OFS) of 1 crore shares, aggregating to Rs.93 crore.

Aryaman Financial Services Limited and Smart Horizon Capital Advisors Private Limited are the book-running lead managers, while KFIN Technologies Limited is the registrar of the Shankesh ...