Shankesh Jewellers IPO Day 2 Subscription Status: Issue Booked 0.48x So Far

Mumbai, August 19: Shankesh Jewellers IPO subscription stood at 0.48 times on the second day of bidding, with investors putting in bids for 1,33,12,800 shares against 2,76,38,000 shares on offer to the public, as of 11:14:47 AM on August 19, 2026.

The retail portion was subscribed 0.74 times, making it the most subscribed among the three main investor categories at the latest update. The NII portion was subscribed 0.47 times, while the QIB (Ex Anchor) category stood at 0.04 times.

The ₹367.18 crore Shankesh Jewellers IPO opened for subscription on August 18 and will close on August 20, 2026. The issue carries a price band of ₹88 to ₹93 per share, while investors can bid for a minimum of 160 shares in one lot. At the upper end of the price band, the minimum retail application amounts to ₹14,880.

Shankesh Jewellers IPO Day 2 Subscription Status

As of 11:14:47 AM on August 19, the IPO had received 42,623 applications. The total subscription stood at 0.48 times.

The retail segment had received bids for 1,02,63,680 shares against 1,38,18,700 shares reserved for the category. In the NII segment, bids were received for 27,65,600 shares against 59,22,300 shares on offer.

QIB bidding, excluding the anchor portion, remained at an early stage, with 2,83,520 shares bid against 78,97,000 shares offered.

Category-wise Shankesh Jewellers IPO Subscription Status

The NII category recorded 0.47 times subscription by the Day 2 update. Within this segment, bNII bids, covering applications above ₹10 lakh, were at 0.47 times, while sNII bids, covering applications below ₹10 lakh, stood at 0.45 times.

NII/HNI Break-up

Shankesh Jewellers Day-Wise Subscription Summary

The IPO had a 0.36 times overall subscription on Day 1. By the Day 2 update, the figure had moved to 0.48 times. Retail subscription increased from 0.53 times to 0.74 times over the same period.

Shankesh Jewellers IPO Timeline

Brief Overview Of The IPO

Shankesh Jewellers IPO is a ₹367.18 crore bookbuilding issue. It comprises a fresh issue of 2,94,82,000 shares worth ₹274.18 crore and an offer for sale of 1,00,00,000 shares worth ₹93 crore.

The issue opened on August 18 and is scheduled to close on August 20. The price band has been fixed at ₹88 to ₹93 per share, with a lot size of 160 shares.

The IPO has reserved 50% of the net issue for QIBs, 15% for NIIs and 35% for retail investors. Within the QIB portion, 30% of the total issue is allocated to anchor investors, while the remaining 20% is available to QIBs excluding the anchor portion.

Aryaman Financial Services Ltd. is the book running lead manager for the issue, while KFin Technologies Ltd. is the registrar.

The IPO has one more day of bidding after the August 19 update. Subscription will close on August 20, following which the basis of allotment is scheduled for August 21. The shares are slated to be credited to successful applicants on August 24 and listed on NSE and BSE on August 25, 2026.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=SHANKESH&series=EQ&type=Active