Shankesh Jewellers IPO Subscription Status
Last updated: 24 Aug 2026, 3:00 am IST
| Category | Subscription |
|---|---|
| QIB | 1.32x |
| NII | 5.68x |
| sNII (₹2L–₹10L) | 6.46x |
| bNII (above ₹10L) | 5.29x |
| Retail (RII) | 2.42x |
| Total | 2.8x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.03x | 0.27x | 0.43x | 0.53x | 0.36x |
| Day 2 | 0.76x | 0.99x | 0.65x | 1.13x | 0.94x |
| Day 3 | 1.32x | 6.46x | 5.29x | 2.42x | 2.8x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Figures update through the bidding window.
How the book filled
Day-by-day demand
Bidding in the Shankesh Jewellers IPO ran across 3 recorded days: overall subscription stood at 0.36× at the close of day 1, read 0.94× at the end of day 2, and finished at 2.8× on day 3. On the final day it was non-institutional investors (NII) driving the book, at 5.68× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 0.94× to 2.8×.
Category detail
Institutional demand closed at 1.32× of the QIB quota. Non-institutional investors came in at 5.68×, split 6.46× in the small-NII bucket (bids under ₹10 lakh) and 5.29× among big NIIs (above ₹10 lakh). Within the NII book, the smaller sub-₹10-lakh applications outpaced the bigger bids. Retail investors put in bids for 2.42× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 5.68× and qualified institutional buyers (QIB) at the bottom at 1.32×.
What the multiple means for allotment
A retail multiple of 2.42× means bids in the category outnumbered the shares set aside for it roughly 2.42 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 160 shares — ₹14,880 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Shankesh Jewellers IPO open and close?
- The Shankesh Jewellers IPO opens on 18 Aug 2026 and closes on 20 Aug 2026.
- How many times was the Shankesh Jewellers IPO subscribed?
- The Shankesh Jewellers IPO was subscribed 2.8 times in total across all investor categories.
- What is the reservation split in the Shankesh Jewellers IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.