Deepa Jewellers

Deepa Jewellers IPO

Open Today

MainboardOpens 1 September 2026Closes 3 September 2026

Incorporated in 2016 as 'Deepa Jewellers Private Limited', Deepa Jewellers Limited is an established B2B and retail jewellery enterprise specializing in gold and diamond-studded jewellery. The company offers a wide…

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Live GMPSubscriptionAllotment
Price band
₹168 - ₹177
Issue size
₹459.72 Cr
Lot size
84 shares
Type
Mainboard
GMP
₹55 (+31.1%)
Est. listing
₹232
Est. profit / app
₹4,620
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹2
EPS
10.9
P/E ratio
16.24
RoNW
56.45%
ROE
56.45%
Debt / Equity
0.47
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Timeline

IPO Opens

1 Sept

IPO Closes

3 Sept

Allotment

4 Sept

Listing

8 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date1 September 2026
IPO Close Date3 September 2026
Allotment Date4 September 2026
Listing Date8 September 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,868
Retail (Max)Just less than ₹2,00,000
13₹1,93,284
SHNI (Min)Just above ₹2,00,000
14₹2,08,152
SHNI (Max)Below ₹10,00,000
67₹9,96,156
BHNIAbove ₹10,00,000
68₹10,11,024

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by our Company (₹215.00 Cr).
  • General corporate purposes.

Strengths

  • Dominant presence and brand recognition across the high-growth South Indian jewellery corridor, contributing 94.37% of FY26 revenue.
  • Market leadership and design excellence in high-demand bridal categories including Vaddanam (41.85% of FY26 sales) and CNC machine-cut bangles (30.87% of FY26 sales).
  • Exceptional financial expansion with a 107.46% PAT CAGR from FY24 to FY26 and robust return metrics (RoNW of 56.45% and ROCE of 52.08% in FY26).
  • Diversified sourcing model with RBI-authorized bullion banks, India International Bullion Exchange (IIBX), and long-standing artisan partnerships.

Weaknesses

  • Customer concentration risk, with the top 10 retail/wholesale clients accounting for 64.67% of FY26 revenue from operations.
  • High regional dependence on Southern Indian states (Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, and Kerala).
  • Absence of long-term fixed-supply contracts with major clients and third-party karigars.
  • Working capital-intensive model exposed to raw material volatility, gold price fluctuations, and production-related metal losses.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)357.18217.67174.64
Revenue (₹ Cr.)1,926.681,397.011,024.57
PAT (₹ Cr.)104.7940.5824.35
Net Worth (₹ Cr.)238.07133.2192.55

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Deepa Jewellers6.116.2456.45%238.07
Khazanchi Jewellers Ltd5.6819.329.41%140.29
RBZ Jewellers Ltd1.9510.2718.28%74.96

Subscription Details

Daily Bids Status

CategoryDay 1
QIB0x
NII0.08x
S-HNI0.12x
B-HNI0.06x
RII0.14x
Total0.09x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB51,94,52800
NII38,95,8953,08,1965.46
Small NII12,98,6321,58,3402.8
Big NII25,97,2631,49,8562.65
RII90,90,42212,82,68022.7
Total1,81,80,84515,90,87628.16
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Company Details

  • Deepa Jewellers Limited
  • Ground floor and first floor, door no. 3-6-343 & 344, Basheerbagh, Himayathnagar, Hyderabad-500029, Telangana, India
  • +91 76809 62117
  • cs@deepajewel.com
  • https://www.deepajewel.com/

Registrar Details

Frequently Asked Questions

What does Deepa Jewellers Limited do?
Deepa Jewellers Limited is engaged in the manufacturing, wholesale, and retail distribution of gold and diamond jewellery, specializing in traditional South Indian bridal ornaments such as Vaddanam and CNC machine-cut bangles.
What are the IPO dates for Deepa Jewellers IPO?
The Deepa Jewellers IPO opens for public subscription on September 1, 2026, and closes on September 3, 2026 (Anchor bidding opens on August 31, 2026).
What is the price band and minimum investment for Deepa Jewellers IPO?
The price band is fixed at ₹168 to ₹177 per equity share. Retail investors can apply for a minimum lot of 84 shares, amounting to an investment of ₹14,868 at the upper price band.
What is the total issue size of Deepa Jewellers IPO?
The total issue size is ₹459.72 Crores, consisting of a Fresh Issue of ₹250.00 Crores (up to 1,41,24,294 shares at upper band) and an Offer for Sale of ₹209.72 Crores (1,18,48,340 equity shares).
What is the tentative listing date for Deepa Jewellers IPO?
The equity shares of Deepa Jewellers Limited are tentatively scheduled to list on the BSE and NSE on September 8, 2026.

Deepa Jewellers IPO News & Updates

Follow the latest updates for Deepa Jewellers IPO, including grey market moves and allotment news.

Deepa Jewellers IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Deepa Jewellers IPO Details

Issue size, price, financials, and company info

Deepa Jewellers IPO GMP

Live grey market premium and listing estimate

Deepa Jewellers IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Deepa Jewellers IPO Allotment

Allotment date, chances, and check by PAN

Deepa Jewellers IPO Review

SWOT, strengths, risks, and IPO review

Deepa Jewellers IPO FAQ

Common questions on dates, GMP, and allotment

Deepa Jewellers IPO Registrar

Registrar website and how to check allotment

Deepa Jewellers IPO Timeline

Open, close, allotment, and listing dates

Deepa Jewellers IPO News

Updates, blogs, and latest IPO news

Sources

We match Deepa Jewellers IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Bigshare Services Private LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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