Shankesh Jewellers Ltd Summary
Mr. Kantilal Kheemraj Jain started dealing in hand crafted gold jewellery business since 1992, under the proprietary firm in the name of Shankesh Jewellers. Later on, in July 2005, Shankesh Jewellers Limited was incorporated as H.K.
Gold Private Limited and subsequently in August 2006, it changed its name to Shankesh Jewellers Private Limited. Further, Company has converted to Shankesh Jewellers Limited on April 23, 2025. The Company is a wholesale gold jewellery player, specializing in crafting high-quality jewellery that aligns with diverse customer preferences.
It act as principal contractor, managing the design, material sourcing, and finished Jewellery making process for its clients. It operate manufacturing through Karigars engaged as Job Workers who are experienced in artistic work in carving and processing of plain and studded gold jewellery.At present, Company works a hand crafted gold jewellery and is providing customisation services to esteemed clients such as Joyalukkas India Limited, P. N.
Gadgil & Sons Limited, Kalyan Jewellers India Limited and Novel Jewels Limited (Aditya Birla Group) amongst others. It offer a diverse range of high-quality hand crafted gold jewellery in 22-karat and 18-karat. Gold jewellery are hallmarked as per BIS standard in accordance with regulatory guidelines.The Company issued and allotted 39,482,000 Equity shares of Rs 5 each and raised funds aggregating to Rs 367.18 crore.
The IPO comprise a fresh issue of 29,482,000 equity shares amounting to Rs 274.18 crore and the offer for sale of 10,000,000 equity shares amounting to Rs 93 crore on August 20, 2026.