Shankesh Jewellers IPO

About Shankesh Jewellers Company

Shankesh Jewellers, incorporated in July 2005 in Mumbai (with a business legacy dating to 1987/1992), has evolved from a proprietary handcrafted jewellery operation into an asset-light, B2B manufacturer and job-work provider supplying 22-karat and 18-karat gold jewellery to organized retail chains and wholesalers across India. Its core business is manufacturing customized, handcrafted gold jewellery and offering custom job-work services, with primary product segments including bangles, bridal sets, chokers, jhumkas, necklace sets, mangalsutras, and rings in finishes such as antique, semi-antique, Calcutta, temple, gheru polish, and yellow/rhodium/rose gold. The company’s expertise lies in design execution, material sourcing, and quality control, while leveraging a network of experienced karigars and job workers to scale production without heavy capex, and maintaining BIS-hallmarked standards for purity and consistency. A notable strength is its pan-India wholesale footprint and long-standing relationships with major retail brands such as Joyalukkas, P. N. Gadgil, Kalyan Jewellers, and Novel Jewels, enabling it to serve diverse regional design preferences at scale. Shankesh Jewellers’ approach to client engagement emphasizes reliability, customization, and trust-based B2B partnerships, positioning itself as a back-end manufacturing partner that helps retailers address challenges around design variety, turnaround time, and quality assurance in a competitive, price-sensitive gold jewellery market.