Deepa Jewellers IPO
GMP, Subscription, Price, Dates & Financial Details
Diamond & Jewellery
Deepa Jewellers Ltd. is engaged in the retail and wholesale trading of gold and diamond jewellery, offering a diverse range of traditional and contemporary jewellery designs to cater to varying customer preferences and occasions.The company’s business activities encompass the sourcing, designing,…
Open Date
Tue, 01 Sep 2026
Close Date
Thu, 03 Sep 2026
Price Band
₹ 168 – 177
Lot Size
84
Issue Size
₹ 459.72 Cr
Minimum Investment
₹ 14,868 (84 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Deepa Jewellers IPO is currently open for subscription and will remain open until September 03, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹459.72 Crore, comprising a fresh issue of 1.41 Crore equity shares aggregating to ₹250.00 Crore and an offer for sale (OFS) of 1.18 Crore equity shares aggregating to ₹209.72 Crore by the existing shareholders.
The Deepa Jewellers IPO opened for subscription on September 01, 2026, and will close on September 03, 2026. The basis of allotment is expected to be finalized on September 04, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 08, 2026.
The company has fixed the price band at ₹168 to ₹177 per share, with a lot size of 84 shares. Retail investors are required to make a minimum investment of ₹14,868 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd is the registrar to the issue. Emkay Global Financial Services Ltd, and Valmiki Leela Capital Private Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Deepa Jewellers IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Interested investors should submit their applications before the subscription window closes on September 03, 2026.
Deepa Jewellers IPO Timeline (Tentative)
- IPO Open Date
- Tue, 01 Sep 26
- IPO Close Date
- Thu, 03 Sep 26
- Basis of Allotment
- Fri, 04 Sep 26
- Initiation of Refunds
- Mon, 07 Sep 26
- Credit of Shares to Demat
- Mon, 07 Sep 26
- Listing Date
- Tue, 08 Sep 26 — BSE & NSE
Open Date
01 September 2026
Close Date
03 September 2026
Basis Of Allotment
04 September 2026
Listing Date
08 September 2026
IPO Subscription
Check Live Subscription →The Deepa Jewellers IPO has received bids for 6,69,03,648 shares against 2,25,29,479 shares offered, resulting in an overall subscription of 3.61x. the NII category is subscribed 5.11x, Retail Investors 4.71x, and QIBs 0.46x. Within the NII category, BNII is subscribed 4.3x, while SNII is subscribed 6.74x.
QIB
0.46x
NII
0.63x
BNII
0.36x
SNII
6.74x
RII
4.71x
Total
3.61x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 90,90,422 shares, representing 35% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 51,94,528 shares (20%), while Non-Institutional Investors (NIIs) receive 38,95,895 shares (15%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 7,791,789 | 30% |
| Qualified Institutions | 5,194,528 | 20% |
| Non-Institutional | 3,895,895 | 15% |
| BNII | 2,597,263 | 10% |
| SNII | 1,298,632 | 5% |
| Retail Investors | 9,090,422 | 35% |
| Total | 25,972,634 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 357.18 | 217.67 | 174.64 |
| Revenue | 1927.73 | 1400.1 | 1025.73 |
| Profit After Tax | 104.79 | 40.58 | 24.35 |
| Net Worth | 238.07 | 133.21 | 92.55 |
| Reserve & Surplus | 221.67 | 129.11 | 88.45 |
| Total Borrowings | 111.11 | 80.79 | 77.93 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Deepa Jewellers Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 56.45 | 35.95 | 30.3 |
| ROCE % | 52.08 | 30.6 | 22.76 |
| Debt / Equity | 0.47 | 0.61 | 0.84 |
| RoNW % | 56.45 | 35.95 | 30.3 |
| Pat Margin % | 5.44 | 2.9 | 2.37 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Deepa Jewellers Ltd | 2 | 0 | 12.78 | 12.78 | 56.45 | 29.03 |
| Sky Gold and Diamonds Ltd | 10 | 57.56 | 13.97 | 13.96 | 23.88 | 72.02 |
| Shanti Gold Internationa l Ltd | 10 | 12.72 | 21.22 | 21.22 | 37.34 | 83 |
| Shringar House of Mangalsutra Ltd | 10 | 17.02 | 13.55 | 13.55 | 26.29 | 70.29 |
| RBZ Jewellers Limited | 10 | 10.08 | 13.7 | 13.7 | 20.11 | 74.96 |
| Khazanchi Jewellers Ltd | 10 | 22.22 | 36.1 | 36.1 | 32.45 | 129.14 |
About Deepa Jewellers Limited
Deepa Jewellers Ltd. is engaged in the retail and wholesale trading of gold and diamond jewellery, offering a diverse range of traditional and contemporary jewellery designs to cater to varying customer preferences and occasions.
The company’s business activities encompass the sourcing, designing, manufacturing/finishing, and sale of jewellery products, with a focus on quality materials, skilled craftsmanship, and attractive designs. Its product offerings include a wide variety of jewellery such as rings, necklaces, earrings, bangles, traditional ornaments, and customized jewellery.
Deepa Jewellers Ltd. places significant emphasis on purity, transparent pricing, product quality, and customer trust. The company serves customers through its physical retail stores and distribution channels and seeks to maintain compliance with applicable regulatory requirements and industry standards. It also adapts its product offerings to changing customer preferences and evolving trends in the Indian jewellery market.
Product Portfolio
The company offers a broad portfolio of traditional and contemporary jewellery products across various categories. Its key products include:
Vaddanam – Traditional gold waist belt.
CNC Machine-Cut Bangles – Bangles featuring precision machine-cut designs and intricate patterns.
Gents Kada – Gold bracelets/kadas designed specifically for men.
Vanky (Armlet) – Traditional ornamental armlet worn on the upper arm.
Dandpatti (Bajuband) – Traditional upper-arm jewellery with decorative designs.
Gundlamala Haaram – Traditional long necklace featuring the characteristic gundlamala design.
Gundlamala Necklace – Necklace incorporating traditional gundlamala motifs.
Kangan – Traditional gold bracelet/bangle designs.
Earrings – A range of traditional and contemporary gold and diamond earrings.
Mangtika – Forehead ornament traditionally worn with ethnic and bridal jewellery.
Maatil – Decorative ear chain connecting the earring to the hair.
Champasaralu – Traditional ear-to-hair chain ornament.
Jada – Traditional jewellery used to adorn and decorate the hair braid.
Rings – Gold and diamond rings in a variety of traditional, contemporary, and customized designs.
Product Portfolio as of November 30, 2025
As of November 30, 2025, Deepa Jewellers Ltd. had a product portfolio comprising 14 distinct product categories and 76 SKUs. The portfolio reflects the company’s focus on offering a diverse selection of jewellery designs across traditional, bridal, men’s, and contemporary segments.
The combination of 14 product categories and 76 SKUs enables the company to address a broad range of customer requirements, including everyday jewellery, traditional and cultural ornaments, bridal jewellery, occasion-based products, and customized designs. The company’s product strategy is focused on maintaining a balance between established traditional designs and contemporary styles in line with changing consumer preferences.
Deepa Jewellers IPO Promoters
- Ashish Agarwal
- Seema Agarwal
- Dev Agarwal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.98%
Deepa Jewellers IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company
- General corporate purposes
Deepa Jewellers Limited Address / Contact Details
Deepa Jewellers Ltd.
Ground floor and first floor,
door no. 3- 6-343 & 344,
Basheerbagh, Himayathnagar,
Hyderabad, Telangana, 500029
Phone: + 91 76809 62117
Email: cs@deepajewel.com
Website: www.deepajewel.com
IPO Snapshot
Deepa Jewellers IPO Lot Size
The Deepa Jewellers IPO has a lot size of 84 shares. Retail investors require a minimum investment of ₹14,868 by applying for 1 lot (84 shares). The maximum application allowed for the retail category is 13 lots (1,092 shares), requiring an investment of ₹1,93,284.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 84 | 14,868.00 |
| Retail (Max) | 13 | 1,092 | 193,284.00 |
| S-HNI (Min) | 14 | 1,176 | 208,152.00 |
| S-HNI (Max) | 67 | 5,628 | 996,156.00 |
| B-HNI (Min) | 68 | 5,712 | 1,011,024.00 |
Issue Reservation
- Anchor Investors — 30%
- QIB — 20%
- NII — 15%
- RII — 35%
Book Running Lead Managers
- Emkay Global Financial Services Ltd
- Valmiki Leela Capital Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Deepa Jewellers IPO?
Deepa Jewellers IPO is a Book-building IPO with a total issue size of ₹459.72 crore. The Deepa Jewellers IPO price band is ₹168 to 177 per share. The Deepa Jewellers IPO subscription opens on Tue, Sep 1, 2026, and closes on Thu, Sep 3, 2026. The Deepa Jewellers IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Deepa Jewellers IPO.
When will the Deepa Jewellers IPO open for subscription?
The Deepa Jewellers IPO opens on Tue, Sep 1, 2026 and closes on Thu, Sep 3, 2026
What is Deepa Jewellers IPO Price Band?
Deepa Jewellers IPO Price Band is ₹168 to 177 per share.
What is Deepa Jewellers IPO Lot Size?
Deepa Jewellers IPO lot size is 84 shares, Retail investors need a minimum investment of ₹14868 based on the upper price band
What is the minimum investment for Deepa Jewellers IPO?
The minimum investment for Deepa Jewellers IPO is ₹14868, based on one lot of 84 shares at the upper price band of ₹177 per share.
How to apply for Deepa Jewellers IPO?
Investors can apply for the Deepa Jewellers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 3, 2026. The application amount remains blocked until the Deepa Jewellers IPO allotment is finalized.
What is Deepa Jewellers IPO Issue Size?
Deepa Jewellers IPO issue size is ₹459.72 crores.
What is the Deepa Jewellers IPO Allotment Date?
Deepa Jewellers IPO allotment date is Fri, Sep 4, 2026.
Who is the Deepa Jewellers IPO Registrar?
The registrar for Deepa Jewellers IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Deepa Jewellers IPO allotment status, refund processing, and other IPO-related information.
What is the Deepa Jewellers IPO GMP?
The Deepa Jewellers IPO GMP (Grey Market Premium) is ₹28 as of Wed, Sep 2, 2026. Based on the upper price band of ₹177 per share, the estimated Deepa Jewellers IPO listing price is ₹205, indicating a potential listing gain of approximately 15.82% over the issue price.
Who is the Deepa Jewellers IPO Lead Manager?
The book-running lead managers (BRLMs) for the Deepa Jewellers IPO are Emkay Global Financial Services Ltd and Valmiki Leela Capital Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Deepa Jewellers IPO Red Herring Prospectus (RHP).