03 Nov 2025

"Shankesh Jewellers Announces IPO with Kanga & Co as Advisors"

"Shankesh Jewellers, a wholesale business specializing in handcrafted gold jewellery and customization services, is launching an Initial Public Offering (IPO) of up to 40 million equity shares. The IPO includes a fresh issue of 30 million shares and an offer for sale of 10 million shares. Kanga & Co is advising Shankesh Jewellers and its lead managers, Aryaman Financial Services Limited and Smart Horizon Capital Advisors Private Limited, on this transaction."

Kanga & Co advised Shankesh Jewellers Limited, the issuer, and the Book Running Lead Managers, Aryaman Financial Services Limited and Smart Horizon Capital Advisors Private Limited, on the proposed Initial Public Offering (IPO). The transaction involves Shankesh Jewellers Limited's IPO of up to 40,000,000 equity shares with a face value of ₹5 each. This includes a fresh issue of up to 30,000,000 equity shares and an offer for sale of up to 10,000,000 equity shares. The transaction team from Kanga & Co was led by Senior Partner Chetan Thakkar, with support from Principal Associate Tejal Patankar and Associate Meghna Sharma.
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