Shankesh Jewellers Limited traces its origins to 1992, when founder Mr. Kantilal Kheemraj Jain began operating a proprietary handcrafted gold jewellery business under the name Shankesh Jewellers. The business was later incorporated in July 2005 as H.K. Gold Private Limited, renamed Shankesh Jewellers Private Limited in August 2006, and converted into a public company as Shankesh Jewellers Limited on April 23, 2025.
The company operates as a wholesale gold jewellery player specializing in high-quality handcrafted products tailored to varied customer preferences. It acts as a principal contractor, handling jewellery design, sourcing of materials, and end-to-end management of the finished jewellery-making process for clients. Manufacturing is carried out through karigars engaged as job workers, who specialize in carving and processing plain and studded gold jewellery.
Shankesh Jewellers provides handcrafted gold jewellery and customization services to clients including Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewellers India Limited, and Novel Jewels Limited (Aditya Birla Group), among others. Its product range includes 22-karat and 18-karat gold jewellery, hallmarked as per BIS standards in line with regulatory guidelines.
The company has filed a Draft Prospectus with SEBI and is planning an IPO of 40,000,000 equity shares (face value Rs 5 each), comprising a fresh issue of 30,000,000 shares and an offer for sale of 10,000,000 shares.
