Shankesh Jewellers IPO

Shankesh Jewellers Limited is a gold jewellery manufacturer specializing in the design and production of customized handcrafted jewellery. The company primarily focuses on 22-karat and 18-karat gold jewellery and offers a diverse collection of products catering to various customer preferences and market segments. Its extensive product range includes bangles, bridal jewellery, necklace sets, chokers, jhumkas, mangalsutras, rings, and combination jewellery sets. These products are available in multiple styles, including antique, semi-antique, temple jewellery, Calcutta designs, gheru polish, and yellow, rose, and rhodium-finished gold jewellery. The company supplies its products across India to a broad customer base comprising both corporate and non-corporate clients. It serves several well-known jewellery retailers and brands, including Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewellers India Limited, Novel Jewels Limited (Aditya Birla Group), and Manoj Vaibhav Gems ‘N’ Jewellers Limited, among others. Shankesh Jewellers operates through an asset-light business model, leveraging a network of experienced karigars and job workers for jewellery manufacturing. While production activities are outsourced, the company retains control over product design, raw material procurement, quality standards, and customer deliveries. The company also undertakes job work assignments, where customers provide gold bullion and design specifications, and the company manufactures the finished jewellery accordingly.