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Shankesh Jewellers IPO | Analysis | GMP | Review

This video analyzes the Shankesh Jewellers IPO, which is opening from August 18-20 with a price band of ₹93. The company operates as an inventory manager and manufacturer for larger jewelry corporations, sourcing gold and outsourcing craftsmanship. The analysis covers the company's business model, financials, and compares its Price-to-Book (PB) ratio of 3 to competitors, suggesting it appears fairly valued relative to one competitor with a PB of 3, while another has a PB of 10. The Grey Market Premium (GMP) is currently around 6-7% positive.

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Tickers discussed in this post

ATINeutralLow ConvictionResearch Only

Shai Gold International is mentioned as a competitor to Shankesh Jewellers.

NOVNeutralLow ConvictionResearch Only

Novel Jewellers is mentioned as a large corporate competitor that Shankesh Jewellers works with.

PRAANeutralLow ConvictionResearch Only

Jayprakash India is mentioned as a large corporate competitor that Shankesh Jewellers works with.

BEKENeutralMedium ConvictionSignal-backedPrimary

Shankesh Jewellers IPO is analyzed, with a current PB ratio of 3 appearing fair compared to some competitors, and a positive GMP of 6-7%.

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