Deepa Jewellers IPO

Deepa Jewellers IPO is priced at ₹168–₹177 per share with an issue size of ₹459.72 crore. The IPO opens on Sep 1, 2026 and closes on Sep 3, 2026, with a lot size of 84 shares and a minimum investment of ₹14,868.

Deepa Jewellers Limited IPO

Mainboard Allotment Out
₹14,868 (84 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 1, 2026 – Sep 3, 2026
Price band
₹168-177 per equity share
Minimum Investment
₹14,868
Issue size
₹459.72 Cr
Lot size
84
Allotment Date
Sep 4, 2026
Listing
Sep 8, 2026
Listing At
BSE, NSE

IPO timeline

  1. Sep 1, 2026

    Open Date

    Completed

  2. Sep 3, 2026

    Close Date

    Completed

  3. Sep 4, 2026

    Allotment Date

    Completed

  4. Sep 8, 2026

    Listing Date

    Upcoming

Unofficial pre-listing indicator

Deepa Jewellers IPO GMP Today: ₹18

Deepa Jewellers IPO GMP history

Deepa Jewellers IPO GMP today is ₹18 per share (a 10% premium over the ₹177 upper price band) as of 6 Sep 2026, 6:45 AM IST. The indicative listing price is ₹195 (₹177 upper price band + ₹18 GMP).

Current GMP
₹18
GMP percentage
10%
Upper price band
₹177
Indicative listing price
₹195

During the recorded period, Deepa Jewellers IPO GMP ranged from ₹11 to ₹42. The latest GMP is ₹18.

Deepa Jewellers IPO GMP trend (day-wise) 49 observations
Day-wise recorded GMP observations for Deepa Jewellers IPO
Date & time GMP Change GMP % Indicative price
₹18 ₹0 10% ₹195
₹18 ₹0 10% ₹195
₹18 ₹0 10% ₹195
₹18 ₹0 10% ₹195
₹18 +₹1 10% ₹195
₹17 −₹3 10% ₹194
₹20 ₹0 11% ₹197
₹20 ₹0 11% ₹197
₹20 +₹1 11% ₹197
₹19 +₹2 11% ₹196

Deepa Jewellers IPO Subscription Details

View Subscription Details
Qualified Institutional Buyers (QIBs) 36.73x
Retail Individual Investors (RIIs) 19.09x
Non-Institutional Investors (NIIs) 109.04x
bHNI (>10 Lakhs) 127.56x
sHNI (2-10 Lakhs) 72.02x
Retail 19.09x
Total 43.40x

Deepa Jewellers IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Deepa Jewellers IPO Essentials

Deepa Jewellers IPO Details

Deepa Jewellers IPO is priced at ₹168-177 per share with a total issue size of 459.72 crore. The IPO has a lot size of 84 shares and will be listed on BSE and NSE.

Issue price
₹168-177 per equity share
Lot size
84 shares
Face value
₹2 Per Equity Share
Issue size
₹459.72 Crores
Total issue size
2,59,72,633 shares
(aggregating up to ₹459.72 crore)
Fresh issue
1,41,24,293 shares
(aggregating up to ₹250 crore)
Offer for sale (OFS)
1,18,48,340 shares
(aggregating up to ₹209.72 crore)
Retail Portion
35%
Listing at
BSE, NSE
Listing date
Registrar
Bigshare Services Pvt.Ltd.
Lead manager
Emkay Global Financial Services Ltd., Valmiki Leela Capital Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 84 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 84 ₹14,868
sHNI(min) 14 1176 ₹2,08,152
bHNI(min) 68 5,712 ₹10,11,024

Deepa Jewellers IPO Documents

Deepa Jewellers IPO Reservation

Deepa Jewellers IPO reservation details show category-wise allocation of shares. Out of the total 25972634 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 7791789 (30%)
QIB Shares Offered 5194528 (20%)
NII (HNI) Shares Offered 3895895 (15%)
bHNI > ₹10L 2597263 (10%) 2209
sHNI < ₹10L 1298632 (5%) 1104
Retail Shares Offered 9090422 (35%) 1,08,219
Total Shares Offered 25972634 (100%)

Deepa Jewellers IPO Analytics

Deepa Jewellers IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Deepa Jewellers IPO Subscription Status

Deepa Jewellers IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 43.4x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 51,94,528
38,95,895
25,97,263
12,98,632
90,90,422 1,81,80,845
Day 1 01-09-26 05:00 PM
0.11 x
0.65x
0.37x
1.22x
1.42 x 0.88 x
Day 2 02-09-26 05:00 PM
0.45 x
5.26x
4.42x
6.95x
4.85 x 3.68 x
Day 3 03-09-26 05:00 PM
36.73 x
109.04x
127.56x
72.02x
19.09 x 43.40 x
Total No. of Applications
bHNI sHNI Retail
19,92,666 (Approx) 26.01x 70.49x 17.16x

Deepa Jewellers Valuations

Returns

ROE
56.45%
ROCE
52.08%
RoNW
56.45%
PAT Margin
5.44%

Fundamentals

Debt / Equity
0.47
Market Cap
Cr.

Data sourced from DRHP / RHP • For educational purposes only

Deepa Jewellers Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
Assets 357.18 217.67 174.64
Revenue 1,927.73 1,400.10 1,025.73
Profit After Tax 104.79 40.58 24.35
Net Worth 238.07 133.21 92.55
Reserves & Surplus 221.67 129.11 88.45
Total Borrowing 111.11 80.79 77.93

Deepa Jewellers Company & Offer Insights

About Deepa Jewellers

Deepa Jewellers Ltd. is into the retail and wholesale trade of gold and diamond jewellery that come in a variety of traditional and modern designs meeting the preferences of different kinds of customers.
The business is dedicated to the procurement, design and sale of various products like rings, necklaces, earings, bangles, and custom-made ornaments which are made with high-quality material and fine craftsmanship.Deepa Jewellers Ltd. prides itself on the purity, fair pricing and trust it generates through physical retail outlets and supply chains while following regulatory requirements and jewellery market dynamics.

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 of 30th November, 2025, they have a product portfolio consisting of 14 products and 76 SKUs within their product categories.

Deepa Jewellers Promoter(s)

Ashish Agarwal, Seema Agarwal, Dev Agarwal are the company's promoters of Deepa Jewellers.

Deepa Jewellers IPO Issue Objectives

Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company
General corporate purposes

Deepa Jewellers IPO - Anchor Investors

Deepa Jewellers Limited finalised its anchor investor allocation on August 31, 2026, raising ₹137.91 crore from 15 institutional investors at an anchor price of ₹177 per share.

The anchor book comprises 77,91,789 equity shares, with domestic mutual funds receiving 19.21% of the allocation through 2 fund houses across 3 schemes — Tata India Consumer Fund, Tata Dividend Yield Fund, and Unifi Flexi Cap Fund. No allocation was made to life insurance companies or pension funds. The remaining allocation was led by Motilal Oswal Finvest Limited at 26.07%, followed by WhiteOak Capital Equity Fund, 360 One Equity Opportunities Fund, Ashoka India Equity Investment Trust, and High Conviction Fund, each at 6.52%. Other notable participants include CP Capital Ltd, Maybank Securities, Girik Multicap Growth Equity Fund, LRSD Securities, Citi Group Global Markets Mauritius, Nomura Singapore Limited, and Alchemy Long Term Ventures Fund.

Deepa Jewellers IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Deepa Jewellers N/A N/A 56.45% N/A
Sky Gold And Diamonds 11.1 57.5 23.88% N/A
Shanti Gold International 3.24 12.7 37.34% N/A
Shringar House Of Mangalsutra 3.29 17.0 26.29% N/A
Rbz Jewellers 1.86 10.0 20.11% N/A
Khazanchi Jewellers 6.22 22.2 32.45% N/A

Deepa Jewellers IPO - Strengths and Risks

Deepa Jewellers IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Strong Presence in Southern India: The company enjoys a strong presence in Southern India, which adds to its overall business and revenue.
Customer Base: Deepa Jewellers has a well-established customer base for jewellery retail chains and independent jewellery retail stores. The customer base covers 13 states and one Union Territory with 373 customers.
Diverse and Specialized Product Portfolio: The company offers a wide range of jewellery products under various design and weight categories. The company enjoys specialization in vaddanam and CNC machine cut bangles, along with 16 products and 110 SKUs.

Risks

Risk Associated With Customer Concentration: The revenues earned from the company’s top 10 customers amount to ₹12,460.30 million, ₹8,839.29 million, and ₹6,901.89 million for Fiscals 2026, 2025, and 2024, accounting for 64.67%, 63.27%, and 67.36% of revenues from operations. Thus, any decline or discontinuation of business can have a significant impact on the performance of the company.
Dependence on Key Products: The firm generates a significant part of its income from vaddanam and CNC machine cut bangles. Vaddanam generated a revenue of ₹8,062.41 million, ₹4,830.59 million and ₹3,755.56 million, which constituted 41.85%, 34.58% and 36.66% of the total revenue in Fiscals 2026, 2025 and 2024, respectively, whereas CNC machine cut bangles generated a revenue of ₹5,948.53 million, ₹5,842.21 million and ₹4,075.94 million, constituting 30.87%, 41.82% and 39.78%, respectively.
Focus on Southern India: A major part of the business operations and revenues of the firm is generated in Southern India. The revenues generated by the firm from Southern India were ₹18,181.87 million, ₹13,738.07 million and ₹10,199.85 million, which constituted 94.37%, 98.33% and 99.55% of total revenues in Fiscal Years 2026, 2025 and 2024.

Contact Information

Contact Details

Deepa Jewellers

+ 91 76809 62117

cs@deepajewel.com

www.deepajewel.com

Ground floor and first floor, door no. 3- 6-343 & 344, Basheerbagh, Himayathnagar, Hyderabad, Telangana, 500029

Registrar Contact Details

Bigshare Services Pvt.Ltd.

8657578989/8069219065/8069219060

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Frequently Asked Questions

Click any question to reveal the answer

Deepa Jewellers IPO is a book-built IPO worth ₹459.72 crore. The price band is ₹168–₹177 per share. The IPO opens on Sep 1, 2026 and closes on Sep 3, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt. Ltd. is the registrar.

The price band of Deepa Jewellers IPO is ₹168 to ₹177 per share.

The lot size of Deepa Jewellers IPO is 84 shares.

The minimum investment for Deepa Jewellers IPO is approximately ₹14,868 based on the upper price band .

Deepa Jewellers IPO opens on Sep 1, 2026 and closes on Sep 3, 2026.

The allotment date of Deepa Jewellers IPO is Sep 4, 2026.

Deepa Jewellers IPO is expected to be listed on Sep 8, 2026, on BSE and NSE .

Deepa Jewellers IPO GMP today is ₹18 per share (a 10% premium over the ₹177 upper price band) as of 6 Sep 2026, 6:45 AM IST. The indicative listing price is ₹195 (₹177 upper price band + ₹18 GMP).

Deepa Jewellers IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW 56.45%, and market cap Cr.

To apply for Deepa Jewellers IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Deepa Jewellers IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Deepa Jewellers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Deepa Jewellers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Deepa Jewellers IPO allotment status on IPO Ji for quick and easy access.