Deepa Jewellers IPO initial public offering (IPO) worth 459.72 crore rupees started on the day of public subscription today which is September 2 2026. The price range for each share is from 168 rupees to 177 rupees. By 10:40 A.M, on the day of the bidding process the IPO had received subscriptions 1.35 times.
The initial public offering will stay open for people to apply until September 3 2026. The base, for allocation is likely to be confirmed on September 4 2026. The shares are planned to be listed on the National Stock Exchange and the Bombay Stock Exchange on September 8 2026.
Deepa Jewellers IPO – Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to 459.72 crore
- Fresh Issue: Up to ₹250.00 crore
- Offer for Sale (OFS): Up to ₹209.72 crore
- Face Value: 2 per equity share
- Price Band: 168 to 177 per share
- Lot Size: 84 shares
- Minimum Investment Amount (Retail Investor): 14,868 (84 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Emkay Global Financial Services Limited, Valmiki Leela Capital Private Limited
- Registrar: Bigshare Services Private Limited
Deepa Jewellers IPO Timeline (Tentative)
| Event | Date |
|---|---|
| Subscription Opening Date | 1 September 2026 |
| Subscription Closing Date | 3 September 2026 |
| Basis of Allotment Date | 4 September 2026 |
| Refund Initiation Date | 7 September 2026 |
| Credit of Shares | 7 September 2026 |
| Listing on BSE and NSE | 8 September 2026 |
Note: The allotment dates and listing dates are temporary and may change.
Deepa Jewellers IPO Day 2 Subscription Status
| Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.11x |
| Non-Institutional Investors (NIIs) | 1.22x |
| Retail Individual Investors (RIIs) | 2.09x |
| Total | 1.35x |
Utilisation of IPO Proceeds
The company plans to use the proceeds, from the fresh issue for:
- Funding, for long-term working capital needs that are related to buying things taking care of equipment and increasing stock levels by the company
- General corporate purposes.
About Deepa Jewellers Limited
Deepa Jewellers Limited is a B2B gold jewellery company that designs, processes and supplies 22‑karat hallmarked gold jewellery. I have watched Deepa Jewellers Limited grow since it was incorporated in 2016. Deepa Jewellers Limited mainly operates across South India. Deepa Jewellers Limited is a supplier of vaddanam and CNC machine‑cut bangles.
The company uses a way of working that doesn’t involve owning a lot of assets. It depends on outsourcing the making of products. This company has 41 people called karigars. In addition, to selling gold jewelry the company also provides job-work services. It also deals in silver jewelry, special kinds of stones gold bars and jewelry made with 18-karat and 20-karat gold. This company serves 373 customers in 13 states and one area that is a union territory.
Key Financial Highlights
| Particulars | FY 26 (in ₹ crore) | FY 25 (in ₹ crore) | FY 24 (in ₹ crore) |
|---|---|---|---|
| Revenue from operations | 1,926.68 | 1,397.01 | 1,024.57 |
| EBITDA | 146.34 | 56.01 | 35.77 |
| Profit After Tax (PAT) | 104.78 | 40.58 | 24.35 |
How To Check Deepa Jewellers IPO Allotment Status Online
- Visit Bigshare Services Pvt. Ltd. website
- Choose the IPO Name ‘Deepa Jewellers’ from the drop-down menu, on the page.
- I need the details. Please provide the PAN Card the Application Number or the Demat Account Number.
- Click on the ‘Search’ Button,
- Get your allotment on the your screen
Disclaimer: This news is, for learning. The securities and investments mentioned here are not recommendations.
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