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Shankesh Jewellers opens ₹367 crore IPO, targets August 25 listing
Mumbai-based B2B gold jewellery supplier Shankesh Jewellers launched a Rs 367-crore IPO, with proceeds earmarked for debt repayment, working capital and corporate purposes. The company supplies handcrafted gold jewellery to retailers across India through an asset-light outsourced-manufacturing model.
Reported figures
From the report. Source details below
| Price band: | Rs 88-93 per share |
|---|---|
| Fresh issue: | up to 2.95 crore shares |
| Offer for sale: | up to 1 crore shares |
| Anchor investment: | Rs 110.15 crore |