Shankesh Jewellers was incorporated as H. K. Gold Private Limited on July 11, 2005. The name of the company was changed to ‘Shankesh Jewellers Private Limited’ a pursuant to a special resolution passed by Shareholders of the company at the Extra-ordinary General Meeting held on June 16, 2006, and a fresh certificate of incorporation dated August 09, 2006 was issued by the RoC. Subsequently, the company was converted to a public limited company pursuant to a special resolution passed by shareholders of the company at the extra-ordinary general meeting held on April 10, 2025 under the name and style of ‘Shankesh Jewellers Limited”, and a fresh certificate of incorporation dated April 23, 2025 was issued by the RoC. It is engaged in the business of hand-crafted gold jewellery and providing customisation services to its clients and depend on third party jobworkers for production and manufacturing of products. Its clientele includes both corporate entities such as Joyalukkas India, P. N. Gadgil & Sons, Kalyan Jewellers India, P N Gadgil Jewellers, Manoj Vaibhav Gems ‘N’ Jewellers, Novel Jewels (Aditya Birla Group), Bhima Jewellery Madurai, Hari Prasad Gopi Krishna Saraf, D.P Abhushan, Vysyaraju Jewellers, Gajaananda Jewellery Mart India, Arundhati Jewellers amongst others and non-corporate entities such as Verma Jewellers and Sham Jewellers amongst others. 

It operates an asset-light business, wherein Karigars hand craft jewellery according to client’s requirement and act as principal contractor, managing the design, material sourcing, and finished Jewellery making process for its clients. Depending upon type of the Jewellery the actual production is outsourced to relevant localised Karigars through Jobworkers who are handled by it on behalf of the client for ensuring the end-to-end delivery of the final product as per their specific design requirements. This model is common in the jewellery industry, allowing the wholesaler to focus on inventory management, specialize in design and marketing without investing in manufacturing infrastructure. Its office is located at Mumbai, Maharashtra and it is distributing its products to reputable nation-wide corporate and non-corporate clients.

Its product portfolio encompasses an extensive collection of Bangles, Bridal Jewellery, Chokers, Jhumkas, Long and Short Necklace sets, Mangal Sutra and Rings and combined jewellery sets in categories of Antique Jewellery, Semi Antique Jewellery, Calcutta Jewellery, Temple Jewellery, Gheru Polish and Yellow/ Rodium/ Rose Gold Jewellery with the capability to create customized jewellery tailored to customer specifications. These pieces are suited for all occasions such as weddings, festivals, and daily wear, thereby addressing the diverse needs of its PAN India clientele. Its Gold jewellery is hallmarked as per BIS standard in accordance with regulatory guidelines. In addition to standard product offerings, the company provides custom job work services where clients supply bullion along with specific design requirements, and the company engages Karigars through Jobworkers to craft the jewellery accordingly. Once completed, it delivers the finished pieces directly to its clients, ensuring seamless and high-quality service.

Business area of the company

The company is principally engaged in manufacture and wholesale trade of Jewellery. It exclusively deals in jewellery certified by the Bureau of Indian Standards (BIS) Hallmark, a widely recognized mark of purity that encourages additional confidence in consumers regarding the purity of its gold jewellery.

Awards and recognitions

• 2021: ‘Precious Icons of Zaveri Bazaar’ from Navbharat Times.
• 2023: Vendor partner of the year at Reliance Jewels Glitt up for most Exquisite Designs-Gold.   
• 2025: PNG Jewellers for excellence in purity and craftsmanship in festive jewellery (PNG Jewellers Kalakruti Award - Winner of excellence in purity & Craftmanship for Festive Jewellery).
• 2025: One of the Promoters, Mahavir Kantilal Jain, has been awarded ‘Forty under 40’ at the India International Jewellery Show.
• 2025: ET Now Award for Top 50 Jewellery Brands of India.
• 2026: Circle of Indriya Award.
• 2026: Certificate of Accreditation issued to the Company as an accredited member of the Indian Association for Gold Excellence and Standards.
• 2026: Joyalukkas Pride Partnerships Recognition & Innovation in Design Excellence Award.

History and milestones

• 2005: Incorporation of the company.
• 2014: Company became a member of Gem and Jewellery Export Promotion Council.
• 2015: Company became a member of Indian Bullion and Jewellers Association Limited.
• 2015: Company became a member of All India Gem & Jewellery Trade Federation.
• 2022: Company became a member of All India Gem and Jewellery Domestic Council.
• 2021: Company Crossed turnover of Rs 500 crore.
• 2024: Company Crossed turnover of Rs 1000 crore.
• 2025: Conversion of the company from Private Limited to Public Limited.