Deepa Jewellers IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 01 to Sep 03 2026
Price Band
₹168 - 177
Current GMP
₹221.0 (+24.86%)
Subscription
43.40 times
IPO Details
| IPO Date | 1 to 3 Sep, 2026 |
| Listing Date | Tue, Sep 8, 2026 |
| Face Value | ₹ 2 per share |
| Price Band | ₹168 to ₹177 |
| Issue Price | ₹177 per share |
| Lot Size | 84 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,59,72,633 shares (agg. up to ₹ 460 Cr) |
| Fresh Issue | 1,41,24,293 shares (agg. up to ₹ 250 Cr) |
| Offer for Sale | 1,18,48,340 shares of ₹ 2 (agg. up to ₹ 210 Cr) |
| Share Holding Pre Issue | 8,20,00,000 shares |
| Share Holding Post Issue | 9,61,24,293 shares |
| BSE Script Code / NSE Symbol | 544903 / DEEPA |
| ISIN | INE1M2N01020 |
IPO Date
1 to 3 Sep, 2026
Listing Date
Tue, Sep 8, 2026
Face Value
₹ 2 per share
Price Band
₹168 to ₹177
Issue Price
₹177 per share
Lot Size
84 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Total Issue Size
2,59,72,633 shares (agg. up to ₹ 460 Cr)
Fresh Issue
1,41,24,293 shares (agg. up to ₹ 250 Cr)
Offer for Sale
1,18,48,340 shares of ₹ 2 (agg. up to ₹ 210 Cr)
Share Holding Pre Issue
8,20,00,000 shares
Share Holding Post Issue
9,61,24,293 shares
BSE Script Code / NSE Symbol
544903 / DEEPA
ISIN
INE1M2N01020
IPO Subscription Details
| Anchor | 1 |
| QIB (Ex Anchor) | 36.73 |
| NII | 109.04 |
| bNII (> ₹10L) | 127.56 |
| sNII (< ₹10L) | 72.02 |
| Retail | 19.09 |
| Total ** | 43.40 |
Anchor
1
QIB (Ex Anchor)
36.73
NII
109.04
bNII (> ₹10L)
127.56
sNII (< ₹10L)
72.02
Retail
19.09
Total **
43.40
Day Wise Sub
| Day | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Sep 1 (Day 1) | 0.11 | 0.65 | 0.37 | 1.22 | 1.42 | 0.88 |
| Sep 2 (Day 2) | 0.45 | 5.27 | 4.42 | 6.95 | 4.85 | 3.69 |
| Sep 3 (Day 3) | 36.73 | 109.04 | 127.56 | 72.02 | 19.09 | 43.40 |
DaySep 1
(Day 1)
QIB (Ex Anchor)0.11
NII0.65
NII (> ₹10L)0.37
NII (< ₹10L)1.22
Retail1.42
Total0.88
DaySep 2
(Day 2)
QIB (Ex Anchor)0.45
NII5.27
NII (> ₹10L)4.42
NII (< ₹10L)6.95
Retail4.85
Total3.69
DaySep 3
(Day 3)
QIB (Ex Anchor)36.73
NII109.04
NII (> ₹10L)127.56
NII (< ₹10L)72.02
Retail19.09
Total43.40
Day Wise GMP
| GMP Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 08-09-2026 | 177 | 25 (14.12%) | 202 |
| 07-09-2026 | 177 | 25 (14.12%) | 202 |
| 06-09-2026 | 177 | 21.5 (12.15%) | 198.5 |
| 05-09-2026 | 177 | 19 (10.73%) | 196 |
| 04-09-2026 | 177 | 19 (10.73%) | 196 |
| 03-09-2026 | 177 | 18 (10.17%) | 195 |
| 02-09-2026 | 177 | 28 (15.82%) | 205 |
| 01-09-2026 | 177 | 44 (24.86%) | 221 |
| 31-08-2026 | 177 | 55 (31.07%) | 232 |
| 30-08-2026 | 177 | 45 (25.42%) | 222 |
| 29-08-2026 | 177 | 53 (29.94%) | 230 |
| 28-08-2026 | 177 | 47 (26.55%) | 224 |
| 27-08-2026 | 177 | 47 (26.55%) | 224 |
| 26-08-2026 | 0 | 0 (0%) | 0 |
GMP Date08-09-2026
IPO Price177
GMP25 (14.12%)
Est. Listing Price202
GMP Date07-09-2026
IPO Price177
GMP25 (14.12%)
Est. Listing Price202
GMP Date06-09-2026
IPO Price177
GMP21.5 (12.15%)
Est. Listing Price198.5
GMP Date05-09-2026
IPO Price177
GMP19 (10.73%)
Est. Listing Price196
GMP Date04-09-2026
IPO Price177
GMP19 (10.73%)
Est. Listing Price196
GMP Date03-09-2026
IPO Price177
GMP18 (10.17%)
Est. Listing Price195
GMP Date02-09-2026
IPO Price177
GMP28 (15.82%)
Est. Listing Price205
GMP Date01-09-2026
IPO Price177
GMP44 (24.86%)
Est. Listing Price221
GMP Date31-08-2026
IPO Price177
GMP55 (31.07%)
Est. Listing Price232
GMP Date30-08-2026
IPO Price177
GMP45 (25.42%)
Est. Listing Price222
GMP Date29-08-2026
IPO Price177
GMP53 (29.94%)
Est. Listing Price230
GMP Date28-08-2026
IPO Price177
GMP47 (26.55%)
Est. Listing Price224
GMP Date27-08-2026
IPO Price177
GMP47 (26.55%)
Est. Listing Price224
GMP Date26-08-2026
IPO Price0
GMP0 (0%)
Est. Listing Price0
IPO Important Dates
| IPO Open | Tue, Sep 1, 2026 |
| IPO Close | Thu, Sep 3, 2026 |
| Allotment | Fri, Sep 4, 2026 |
| Refund | Mon, Sep 7, 2026 |
| Credit of Shares | Mon, Sep 7, 2026 |
| Listing | Tue, Sep 8, 2026 |
IPO Open
Tue, Sep 1, 2026
IPO Close
Thu, Sep 3, 2026
Allotment
Fri, Sep 4, 2026
Refund
Mon, Sep 7, 2026
Credit of Shares
Mon, Sep 7, 2026
Listing
Tue, Sep 8, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 84 | ₹14,868 |
| Retail (Max) | 13 | 1,092 | ₹1,93,284 |
| S-HNI (Min) | 14 | 1,176 | ₹2,08,152 |
| S-HNI (Max) | 67 | 5,628 | ₹9,96,156 |
| B-HNI (Min) | 68 | 5,712 | ₹10,11,024 |
ApplicationRetail (Min)
Lots1
Shares84
Amount₹14,868
ApplicationRetail (Max)
Lots13
Shares1,092
Amount₹1,93,284
ApplicationS-HNI (Min)
Lots14
Shares1,176
Amount₹2,08,152
ApplicationS-HNI (Max)
Lots67
Shares5,628
Amount₹9,96,156
ApplicationB-HNI (Min)
Lots68
Shares5,712
Amount₹10,11,024
Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 357.18 | 217.67 | 174.64 |
| Total Income | 1,927.73 | 1,400.10 | 1,025.73 |
| Profit After Tax | 104.79 | 40.58 | 24.35 |
| EBITDA | 146.34 | 56.01 | 35.77 |
| NET Worth | 238.07 | 133.21 | 92.55 |
| Reserves and Surplus | 221.67 | 129.11 | 88.45 |
| Total Borrowing | 111.11 | 80.79 | 77.93 |
Period EndedAssets
31 Mar 2026357.18
31 Mar 2025217.67
31 Mar 2024174.64
Period EndedTotal Income
31 Mar 20261,927.73
31 Mar 20251,400.10
31 Mar 20241,025.73
Period EndedProfit After Tax
31 Mar 2026104.79
31 Mar 202540.58
31 Mar 202424.35
Period EndedEBITDA
31 Mar 2026146.34
31 Mar 202556.01
31 Mar 202435.77
Period EndedNET Worth
31 Mar 2026238.07
31 Mar 2025133.21
31 Mar 202492.55
Period EndedReserves and Surplus
31 Mar 2026221.67
31 Mar 2025129.11
31 Mar 202488.45
Period EndedTotal Borrowing
31 Mar 2026111.11
31 Mar 202580.79
31 Mar 202477.93
Key Performance Indicator
| ROE | 56.45% |
| ROCE | 52.08% |
| Debt/Equity | 0.47 |
| RoNW | 56.45% |
| PAT Margin | 5.44% |
| EBITDA Margin | 7.60% |
| NAV | 29.03 |
ROE
56.45%
ROCE
52.08%
Debt/Equity
0.47
RoNW
56.45%
PAT Margin
5.44%
EBITDA Margin
7.60%
NAV
29.03
IPO Reservation
| QIB | 1,29,86,316 |
| − Anchor Investor | 77,91,789 |
| − QIB (Ex. Anchor) | 51,94,527 |
| NII (HNI) | 38,95,895 |
| − bNII > ₹10L | 25,97,264 |
| − sNII < ₹10L | 12,98,631 |
| Retail | 90,90,422 |
| Total | 2,59,72,633 |
QIB
1,29,86,316
− Anchor Investor
77,91,789
− QIB (Ex. Anchor)
51,94,527
NII (HNI)
38,95,895
− bNII > ₹10L
25,97,264
− sNII < ₹10L
12,98,631
Retail
90,90,422
Total
2,59,72,633
Information about company
Incorporated in 2016, 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. The company focuses on sourcing, designing, and selling jewellery products including rings, necklaces, earrings, bangles, and customized ornaments crafted with quality materials and skilled workmanship.
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.
Deepa Jewellers Ltd. emphasizes purity, transparent pricing, and customer trust, operating through physical stores and distribution channels while adhering to regulatory standards and evolving jewellery market trends.
As of July 31, 2026, the company's customer network spans across 13 states and 1 union territory in India with a total customer base of 373 customers, comprising of 47 jewellery retail chains and 326 standalone stores.
The company use third-party mobile application namely “Deepa Jewellers Limited” to enhance their brand visibility, disseminate information and display product collections, which was commissioned by them on June 25, 2021. This application enables access to high-resolution images of selected jewellery designs to remote customers.
As on July 31, 2026, they have a product portfolio of 16 products and 110 SKUs across their product categories.
Competitive Strengths:
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company
2: General Corporate Purposes
3: Issue Expenses
: Total
Disclaimer
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