Deepa Jewellers IPO: dates, price band, lot size and GMP
Deepa Jewellers IPO listed on 8 Sep at ₹221 (NSE, BSE). Issue dates 1 – 3 Sep 2026, price band ₹177, lot 84 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Deepa Jewellers listed on 8 Sep 2026 on NSE, BSE at ₹221, +₹44 (+24.9%) against the ₹177 upper band. Deepa Jewellers IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Deepa Jewellers IPO has a price band of ₹177, a lot of 84 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | Mainboard |
|---|---|
| Issue dates | 1 – 3 Sep 2026 |
| Price band | ₹177 |
| Lot size | 84 shares |
| Issue size | ₹459.72 Cr |
| Fresh issue | ₹250 Cr |
| Offer for sale | ₹209.72 Cr |
| Subscription | 43.4x |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead managers | Emkay Global Financial Services Ltd., Valmiki Leela Capital Pvt.Ltd. |
| Status | Listed |
Timeline
- Issue opens: 1 Sep
- Issue closes: 3 Sep
- Allotment: 4 Sep
- Refunds: 7 Sep
- Demat credit: 7 Sep
- Listing: 8 Sep
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 36.73x |
| NII | 109.04x |
| sNII | 72.02x |
| bNII | 127.56x |
| Retail | 19.09x |
| Total | 43.4x |
Last updated 3 Sep 2026, 6:55 PM IST.
Issue details
| Face value | ₹2 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE, BSE |
| Fresh issue (shares) | 1,41,24,293 |
| Offer for sale (shares) | 1,18,48,340 |
| Total shares offered | 2,59,72,633 |
| Promoter holding pre-issue | 100% |
| Promoter holding post-issue | 72.98% |
| Promoters | Ashish Agarwal, Seema Agarwal, Dev Agarwal |
| Lead managers | Emkay Global Financial Services Ltd., Valmiki Leela Capital Pvt.Ltd. |
| Registrar phone | 8657578989/8069219065/8069219060 |
| Registrar email | ipo@bigshareonline.com |
| Company website | deepajewel.com |
| Anchor bid date | 31 Aug 2026 |
| Anchor lock-in ends (50%) | 4 Oct 2026 |
| Anchor lock-in ends (remaining) | 3 Dec 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 84 | ₹14,868 |
| Retail (maximum) | 14 | 1,176 | ₹2,08,152 |
| sNII (minimum) | 14 | 1,176 | ₹2,08,152 |
| bNII (minimum) | 68 | 5,712 | ₹10,11,024 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 30% | 77,91,789 | |
| QIB | 20% | 51,94,527 | Not more than 50% of the Net Offer |
| NII (HNI) | 15% | 38,95,895 | Not less than 15% of the Net Offer |
| sNII | 5% | 12,98,631 | |
| bNII | 10% | 25,97,264 | |
| Retail | 35% | 90,90,422 | Not less than 35% of the Net Offer |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 1 Sep | 0.11x | 0.65x | 1.22x | 0.37x | 1.42x | 0.88x |
| Day 2 · 2 Sep | 0.45x | 5.27x | 6.95x | 4.42x | 4.85x | 3.69x |
| Day 3 · 3 Sep | 36.73x | 109.04x | 72.02x | 127.56x | 19.09x | 43.40x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹4.95 |
|---|---|
| RoNW | 56.45% |
| RoCE | 52.08% |
| RoE | 56.45% |
| PAT margin | 5.44% |
| EBITDA margin | 7.6% |
| NAV per share | ₹29.03 |
| Debt / equity | 0.47 |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 357.18 | 217.67 | 174.64 | +64.1% |
| Total Income | 1,927.73 | 1,400.1 | 1,025.73 | +37.7% |
| Profit After Tax | 104.79 | 40.58 | 24.35 | +158.2% |
| EBITDA | 146.34 | 56.01 | 35.77 | +161.3% |
| NET Worth | 238.07 | 133.21 | 92.55 | +78.7% |
| Reserves and Surplus | 221.67 | 129.11 | 88.45 | +71.7% |
| Total Borrowing | 111.11 | 80.79 | 77.93 | +37.5% |
About Deepa Jewellers
Deepa Jewellers Ltd. is engaged in the retail and wholesale jewellery business, with a focus on gold and diamond jewellery. The company offers a mix of traditional and contemporary designs developed to cater to varied customer preferences and occasions. Its operations cover the sourcing, designing, and sale of jewellery products such as rings, necklaces, earrings, bangles, and customised ornaments. The company combines quality materials with skilled craftsmanship to create jewellery across different designs and weight categories. Deepa Jewellers places emphasis on product purity, transparent pricing, and customer confidence.
Through its retail outlets and distribution network, the company serves customers while maintaining compliance with applicable regulatory requirements and adapting its offerings to changing jewellery trends. Product Portfolio: The company's offerings include Vaddanam (waist belt), CNC machine-cut bangles, gents kada, Vanky (armlet), Dandpatti (bajuband), Gundlamala Haaram (traditional neck piece), Gundlamala necklace, Kangan, earrings, Mangtika (forehead pendant), Maatil (ear chain), Champasaralu (ear-to-hair chain), Jada (braid ornament), and rings.
As of November 30, 2025, the company had a portfolio comprising 14 product categories and 76 SKUs, covering a range of designs and jewellery types.
Objects of the issue
- Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company — ₹215 Cr
- General Corporate Purposes — ₹12.15 Cr
- Issue Expenses — ₹41.95 Cr
Net proceeds: ₹269.1 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Deepa Jewellers Ltd. (issuer) | 12.78 | 12.78 | 29.03 | — | 56.45% | — | Standalone |
| Sky Gold And Diamonds Ltd | 13.97 | 13.96 | 72.02 | 57.56x | 23.88% | 11.15 | Consolidated |
| Shanti Gold International Ltd | 21.22 | 21.22 | 83 | 12.72x | 37.34% | 3.24 | Consolidated |
| Shringar House Of Mangalsutra Ltd | 13.55 | 13.55 | 70.29 | 17.02x | 26.29% | 3.29 | Consolidated |
| Rbz Jewellers Ltd | 13.7 | 13.7 | 74.96 | 10.08x | 20.11% | 1.86 | Consolidated |
| Khazanchi Jewellers Ltd | 36.1 | 36.1 | 129.14 | 22.22x | 32.45% | 6.22 | Consolidated |
Notes: NAV is computed as the closing net worth (sum of equity share capital, other equity and non-controlling interest) divided by the closing outstanding number of equity shares as on March 31, 2026. For listed industry peers, the P/E Ratio has been computed based on the closing market price of equity shares on August 21, 2026, on www.bseindia.com divided by the Diluted EPS as on March 31, 2026.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Deepa Jewellers IPO listing day: listed at ₹221 (+24.9% vs the upper band), 8 Sep 2026
- Deepa Jewellers IPO GMP today and trend
- Deepa Jewellers IPO subscription status, day by day
- Deepa Jewellers IPO allotment status and how to check
Frequently asked questions
When does the Deepa Jewellers IPO open and close?
The issue is scheduled for 1 – 3 Sep 2026.
What is the Deepa Jewellers IPO price band?
The price band is ₹177 per share with a lot size of 84 shares.
How big is the Deepa Jewellers IPO?
The total issue size is ₹459.72 Cr, of which ₹250 Cr is a fresh issue and ₹209.72 Cr an offer for sale.
When will Deepa Jewellers list?
The tentative listing date is 8 Sep on the main board.
How do I apply for the Deepa Jewellers IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Deepa Jewellers · as filed with SEBI · nsearchives.nseindia.com
- Red herring prospectus (RHP), Deepa Jewellers · as filed · sebi.gov.in
- Registrar allotment page, Bigshare Services Pvt.Ltd. · allotment 4 Sep · ipo.bigshareonline.com
- NSE public issues page · listing 8 Sep · nseindia.com
- BSE public issues page · listing 8 Sep · bseindia.com
- Deepa Jewellers company website · deepajewel.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 8 Sep, 04:07 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Deepa Jewellers IPO”, https://buyunlistedshares.com/ipo/deepa-jewellers-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
Our notes on this IPO
- Read our review: Deepa Jewellers IPO 2026: Business, Financials and Key Facts from the Offer Document
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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