Deepa Jewellers Limited
ListedJewellery · Mainboard IPO · INE1M2N01020
Price band
₹168 – ₹177
Lot size
84 shares
Min. investment
₹14,868
Issue size
₹460 Cr
Face value
₹2
Registrar
Bigshare Services Pvt.Ltd.
Issue timeline
Bidding opens
01 Sept 2026
Bidding closes
03 Sept 2026
Allotment
04 Sept 2026
Listing
08 Sept 2026
Final subscription
10,84,513
applications
₹10,930 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 16,93,56,348 | 2,998 |
| Non-Institutional >₹10L (bNII) | 28,86,49,284 | 5,109 |
| Non-Institutional ₹2–10L (sNII) | 6,81,75,240 | 1,207 |
| Retail (RII) | 9,13,10,604 | 1,616 |
| Total | 61,74,91,476 | 10,930 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
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.
Issue details
Issue size
₹460 Cr
Fresh issue
₹250 Cr
Offer for sale
₹210 Cr
Industry
Jewellery
Promoter holding (pre)
100
Promoter holding (post)
72.98
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 1,025.73 | 1,400.10 | 1927.73 Cr |
| EBITDA | 35.77 | 56.01 | 146.34 |
| Profit after tax | 24.35 | 40.58 | 104.79 Cr |
| Net worth | 92.55 | 133.21 | 238.07 Cr |
| Total assets | 174.64 | 217.67 | 357.18 |
| Total borrowing | 77.93 | 80.79 | 111.11 |
Objects of the issue
- Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company
- General corporate purposes
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
Risks
- Dependence on third-party suppliers for raw materials
- Fluctuations in gold and diamond prices
- Intense competition in the jewellery market
- Regulatory changes affecting the jewellery industry
Documents
Calculate your bid
At cut-off price ₹177
Lots
1
- Shares
- 84
- Amount
- ₹14,868
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login