The traditional systems of Medicines are considered as a safer therapy. This context urges the need of Characterization of traditional medicines for their worldwide acceptance and for the safer, efficacious use. Bhasma the traditional Herbo mineral Ayurvedic formulation prepared by bhasmikaran process. Shanka Bhasma is prepared from the shell of a marine organism is a well-known herbo mineral formulation used for the treatment of peptic ulcer. In the present study, shanka bhasma was prepared and its characterization was done by traditional methods and by modern analytical Parameters like IR, X-ray, EDAX TGA and atomic absorption methods. Its antiulcer effect was also evaluated by animal studies. © Published under licence by IOP Publishing Ltd.