· Mainboard · NSE, BSE
Price Band
₹168–177
Lot Size
84 shares
Issue Size
₹460 Cr
Min. Investment
₹14,868
Indicative, updates through the day
Cap price plus current GMP: ₹196 — arithmetic, not a forecast
Deepa Jewellers IPO is a Mainboard issue whose public bidding closed on 3 September 2026, with listing scheduled for 8 September 2026 on NSE, BSE. The issue price band is fixed at ₹168–₹177 per equity share with a minimum market lot size of 84 shares, bringing the total issue size to ₹460 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,868.
The latest unlisted Grey Market Premium (GMP) for Deepa Jewellers IPO is quoted at ₹19, representing a premium of approximately 10.73% over the upper price band of ₹177. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹196, and informal quotes have eased over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, Deepa Jewellers IPO has been subscribed 43.19x overall — with QIB at 36.73x, NII at 108.89x, bNII at 127.56x, sNII at 71.56x, Retail at 18.73x, representing over 19,40,221 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 84 shares (approx. ₹14,868 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment finalised on 4 September 2026 and listing expected on 8 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Deepa Jewellers IPO raises ₹137.91 crore from anchor investors. Deepa Jewellers IPO Anchor bid date is August 31, 2026.📝 Anchor Investors Letter (PDF)
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,29,86,317 | 50% |
| − Anchor Investor | 77,91,789 | 30% |
| − QIB (Ex. Anchor) | 51,94,528 | 20% |
| NII (HNI) | 38,95,895 | 15% |
| − bNII > ₹10L | 25,97,263 | 10% |
| − sNII < ₹10L | 12,98,632 | 5% |
| Retail | 90,90,422 | 35% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 84 | ₹14,868 |
| Retail (Max) | 13 | 1092 | ₹1,93,284 |
| S-HNI (Min) | 14 | 1176 | ₹2,08,152 |
| S-HNI (Max) | 67 | 5628 | ₹9,96,156 |
| B-HNI (Min) | 68 | 5712 | ₹10,11,024 |
EPS (Pre IPO)
4.95
EPS (Post IPO)
ROE
56.45%
P/E (Pre IPO)
P/E (Post IPO)
Price / Book
Market Cap
-
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Priority Jewels Ltd. | 15.21 | ₹91.50 Cr | |
| Shankesh Jewellers Ltd. | 10.24 | ₹367.18 Cr | |
| Lalithaa Jewellery Mart Ltd. | 9.95 | ₹1,700.00 Cr | |
| Advit Jewels Ltd. | 18.41 | ₹165.16 Cr | |
| PNGS Reva Diamond Jewellery Ltd. | 10.96 | ₹379.52 Cr | |
| Shringar House of Mangalsutra Ltd. | 19.47 | ₹400.92 Cr |
Deepa Jewellers Ltd. Address
Bigshare Services Pvt. Ltd.