National News
Shankesh Jewellers Ltd Listed On The BSE At Rs 102.30 At A Premium Of Rs 9.30
The Positive BSE Debut Comes Against The Backdrop Of Continued Investor Interest In Jewellery and Consumer-Focused Businesses.
Shankesh Jewellers Ltd made a strong debut on the Bombay Stock Exchange (BSE), with its shares opening at Rs 102.20, registering a gain of Rs 9.20, or 9.89%, over its issue price of Rs 93 per share.
Following the positive opening, the stock continued to attract buying interest and was trading at Rs 107.04, up Rs 14.04, or 15.10%, from the issue price. During the trading session, the scrip touched an intraday high of Rs 110.99 and a low of Rs 98.30. Around 30.10 lakh shares had been traded on the counter, indicating active investor participation following the listing.
The company’s public offering had received a positive response from investors. The issue was open for subscription from August 18 to August 20, 2026, and was subscribed 2.80 times. The company had fixed the issue price at Rs 93 per share, at the upper end of its price band of Rs 88–93 per share
The strong listing performance reflects the market’s positive response to Shankesh Jewellers and its business positioning in the organised jewellery segment. The company is engaged in the business of handcrafted gold jewellery, with a focus on creating customised jewellery solutions for its clients.
Shankesh Jewellers caters to customers seeking jewellery that combines traditional craftsmanship with personalised design. Its customisation services allow customers to participate in the design process and obtain jewellery tailored to their individual preferences, occasions and requirements.
The company’s focus on handcrafted gold jewellery places it within a segment where design, craftsmanship and customer relationships remain important differentiators. With consumers increasingly seeking personalised and distinctive jewellery, customisation has emerged as an important part of the jewellery-buying experience.
The positive BSE debut comes against the backdrop of continued investor interest in jewellery and consumer-focused businesses. The 15.10% gain over the issue price on the first trading day marks a strong beginning for Shankesh Jewellers as a listed company and puts the spotlight on its future growth prospects, business expansion and ability to build on its established jewellery operations.
The listing also provides the company with greater visibility in the capital markets while giving investors an opportunity to participate in its growth journey. Market participants will now track the company’s financial performance, expansion plans, operating margins and demand for handcrafted and customised gold jewellery as key indicators of its post-listing performance.
National News
GJC lauds GST 2.0, says it is landmark reform that ushers in a new era of trust, transparency, for GJÂ sector
It reflects the government’s commitment to ease of doing business and provides jewellers with the confidence to focus on growth, innovation, and customer service.
Rajesh Rokde, Chairman -GJC issued a statement on The 57th GST Council recommendation. Which included a series of measures to simplify tax administration, accelerate refunds and reduce compliance costs, with potential benefits for India’s gem and jewellery manufacturers, exporters, wholesalers and retailers.
The statement read:
GST 2.0 is a landmark reform that ushers in a new era of trust, transparency, and efficiency for the gems and jewellery sector. It reflects the government’s commitment to ease of doing business and provides jewellers with the confidence to focus on growth, innovation, and customer service.
These progressive steps will strengthen industry credibility, safeguard livelihoods, and contribute to sustainable development across India. The Council’s recommendations comprehensively address areas that jewellers have long sought reform in — from smoother movement of goods in transit and faster automated refunds that improve cash flow, to fairer notices that reduce litigation and ensure natural justice.
The rationalization of penalties, reduction of the general penalty cap, and recognition of employee insurance ITC reflect a balanced approach that values both compliance and care for our workforce. Most importantly, the withdrawal of arrest powers and the increase in prosecution thresholds will instill greater trust and confidence across the trade.
Together, these measures will reduce disruption, improve working capital, safeguard livelihoods, and create a more supportive business environment. GJC wholeheartedly welcomes GST 2.0 as a forward-looking framework that empowers jewellers, enhances industry credibility, and contributes to sustainable growth for one of India’s most vital sectors
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GJC lauds GST 2.0, says it is landmark reform that ushers in a new era of trust, transparency, for GJÂ sector
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