Shankesh Jewellers IPO
Shankesh Jewellers IPO is a mainboard IPO raising ₹367 Cr at ₹88 – ₹93 a share. It listed on 25 Aug 2026 at ₹103, +11.1% against its issue price of ₹93, and trades at ₹98 today (+5.8% since issue). It was subscribed 2.80× in total.
2.8 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 78,96,400 | 1,03,92,160 | 1.32× |
| Foreign Institutional Investors | no separate quota | 55,65,120 | n/a |
| Domestic Financial Institutions | no separate quota | 2,22,080 | n/a |
| Mutual funds | no separate quota | 2,240 | n/a |
| Others | no separate quota | 46,02,720 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 59,22,300 | 3,36,16,960 | 5.68× |
| Non Institutional Investors | 39,48,200 | 2,08,69,120 | 5.29× |
| Corporates | no separate quota | 8,15,840 | n/a |
| Individuals | no separate quota | 1,83,88,640 | n/a |
| Others | no separate quota | 16,64,640 | n/a |
| Non Institutional Investors | 19,74,100 | 1,27,47,840 | 6.46× |
| Corporates | no separate quota | 70,720 | n/a |
| Individuals | no separate quota | 1,22,23,200 | n/a |
| Others | no separate quota | 4,53,920 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,38,18,700 | 3,34,29,280 | 2.42× |
| Cut Off | no separate quota | 2,86,09,440 | n/a |
| Price bids | no separate quota | 48,19,840 | n/a |
| Total | 2,76,37,400 | 7,74,38,400 | 2.80× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 21 Aug, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 37% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.