Deepa Jewellers Limited IPO
1 Sept 2026 – 3 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹195.45
- H
- ₹216.4
- L
- ₹194
- C
- ₹214.04
19 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹168 – ₹177
- Lot Size
- 84 shares
- Min Investment
- ₹14,868 (1 lot · 84 shares)
- Face Value
- ₹2
- Issue Size
- Initial Public offer comprising of Fresh Issue aggregating up to Rs.2,500 million and Offer for Sale of up to 11,848,340 Equity Shares. (Including Anchor portion of 77,91,789 Equity Shares)
- Registrar
- Bigshare Services Private Limited ↗
Timetable
GMP History
Latest GMP ₹24 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 7 Sept | ₹25.5 | +14.4% | +₹4 | ₹202.5 | |
| 6 Sept | ₹21.5 | +12.1% | +₹2.5 | ₹198.5 | |
| 5 Sept | ₹19 | +10.7% | −₹3 | ₹196 | |
| 4 Sept | ₹22 | +12.4% | +₹4 | ₹199 | |
| 3 Sept | ₹18 | +10.2% | −₹10 | ₹195 | |
| 2 Sept | ₹28 | +15.8% | −₹16 | ₹205 | |
| 1 Sept | ₹44 | +24.9% | +₹6 | ₹221 | |
| 31 Aug | ₹38 | +21.5% | −₹7 | ₹215 | |
| 30 Aug | ₹45 | +25.4% | −₹10 | ₹222 | |
| 29 Aug | ₹55 | +31.1% | +₹8 | ₹232 | |
| 28 Aug | ₹47 | +26.6% | — | ₹224 |
Subscription
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 3 Sept | — | — | — | 33.34x |
| 2 Sept | 0.46x | 5.11x | 4.71x | 3.61x |
| 1 Sept | 0.11x | 0.63x | 1.38x | 0.86x |
Financials
All values in ₹ crore
About Deepa Jewellers
Deepa Jewellers Ltd. is engaged in the retail and wholesale trading of gold and diamond jewellery, offering a wide range of traditional and contemporary designs catering to diverse customer preferences. The company focuses on sourcing, designing, and selling jewellery products including rings, necklaces, earrings, bangles, and customized ornaments crafted with quality materials and skilled workmanship. Deepa Jewellers Ltd. emphasizes purity, transparent pricing, and customer trust, operating through physical stores and distribution channels while adhering to regulatory standards and evolving jewellery market trends. Product Portfolio: Vaddanam (waist belt), CNC machine cut bangles, gents kada, vanky(armlet), dandpatti (bajuband), gundlamala haaram (traditional neck piece), gundlamala necklace, kangan, earring, mangtika (forehead pendant), maatil (ear chain), champasaralu (ear to hair chain), jada (braid ornament), and rings. As on November 30, 2025, they have a product portfolio of 14 products and 76 SKUs across their product categories. Competitive Strengths: Strong presence in southern market Well established customer base with long-standing relationship with jewellery retail chains and standalone stores Diverse product portfolio with varied weight ranges, designs and specialisation in vadannam and CNC machine cut bangles Established procurement network and long -standing relationship with karigars Well experienced Promoters and a professional management team with sectoral experience
As published in the company's own offer documents.
Strengths
- Strong presence in southern market
- Well established customer base with long-standing relationship with jewellery retail chains and standalone stores
- Diverse product portfolio with varied weight ranges, designs and specialisation in vadannam and CNC machine cut bangles
- Established procurement network and long -standing relationship with karigars
- Well experienced Promoters and a professional management team with sectoral experience
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- Emkay Global Financial Services Limited
- Valmiki Leela Capital Private Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 84 | ₹14,868 |
| Retail (max)most that stays under ₹2L | 13 | 1,092 | ₹1,93,284 |
| S-HNI (min)first bid over ₹2L | 14 | 1,176 | ₹2,08,152 |
| S-HNI (max)most that stays under ₹10L | 67 | 5,628 | ₹9,96,156 |
| B-HNI (min)first bid over ₹10L | 68 | 5,712 | ₹10,11,024 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- 100% Book Building
- Discount
- Not applicable
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH
- Max Bid (Retail)
- Rs. 2,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 3-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- ICICI Bank Limited and HDFC Bank Limited
Registrar
- Name
- Bigshare Services Private Limited
- Address
- Office No S6 2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai 400093, Maharashtra, India
- Contact
- Babu Raphael C, +91 22 6263 8200, ipo@bigshareonline.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Deepa Jewellers Limited IPO today?
The latest grey market premium for Deepa Jewellers Limited IPO is ₹24. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Deepa Jewellers Limited IPO?
The price band is ₹168 – ₹177, with a lot size of 84 shares. The minimum investment is ₹14,868.
When does Deepa Jewellers Limited IPO open and close?
The issue opens on 1 Sept 2026 and closes on 3 Sept 2026. Listing is expected on 8 Sept 2026.
Who is the registrar for Deepa Jewellers Limited IPO?
Bigshare Services Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.