Thursday, 20 August 2026 · World
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EUROS The World Financial Report
Nº 40 Thursday, 20 August 2026 · World Edition
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Shankesh Jewellers IPO Day 3: Check GMP, subscription status — Should you subscribe?

Markets-Economic Times · 2h ago · 🇮🇳 India
Shankesh Jewellers IPO Day 3: Check GMP, subscription status — Should you subscribe?

Shankesh Jewellers’ Rs 367.18-crore IPO enters its final bidding day with 94% subscription and a 3% grey-market premium. Strong retail demand, improving FY26 profitability, debt repayment plans and an asset-light B2B model support the issue, though modest listing gains and valuation warrant consideration. The IPO closes August 20, 2026.

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