
Consumer Discretionary / Gems & Jewellery · NSE / BSE
Deepa Jewellers Ltd. operates in the retail and wholesale jewellery segment, offering a wide range of gold and diamond ornaments designed to suit both traditional and modern customer preferences. The company focuses on sourcing, designing, and selling products such as rings, necklaces, bangles, earrings, and customized jewellery, backed by skilled craftsmanship and quality materials. Its portfolio also includes traditional items like vaddanam, kangan, mangtika, and other cultural ornaments, with 14 product categories and 76 SKUs as of November 2025. With a strong emphasis on purity, transparent pricing, and customer trust, the company serves customers through physical stores and distribution channels while adapting to changing market trends and maintaining regulatory compliance.
Price Band
₹168 – ₹177
Issue Size
₹2597.26 L Cr
Lot Size
84 shares
GMP
+14.1%
Est. Listing
₹202
at current GMP
Subscribed
43.40x
overall
Open
1 Sep 2026
Close
3 Sep 2026
Allotment
4 Sep 2026
Refund
5 Sep 2026
Demat Credit
6 Sep 2026
Listing
8 Sep 2026
Overall Subscription
43.40x
Total Demand
QIB Multiplier
36.73x
Institutions & Funds
NII / HNI
109.04x
High Net-Worth
Retail (RII)
19.09x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,194,528 | 190,776,852 | 36.73x |
| NIB | 3,895,895 | 424,823,532 | 109.04x |
| HNIs(10L +) | 2,597,263 | 331,295,244 | 127.56x |
| HNIs (2-10L) | 1,298,632 | 93,528,288 | 72.02x |
| RETAIL | 9,090,422 | 173,505,948 | 19.09x |
| Total | 22,076,740 | 1,213,929,864 | 43.40x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 108,219 | 1,856,704 | 17.16x |
| HNIs(10L +) | 2,209 | 57,450 | 26.01x |
| HNIs (2-10L) | 1,104 | 77,820 | 70.49x |
| Total Applications | 111,532 | 1,991,974 | 17.86x |
Deepa Jewellers Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Gems & Jewellery sector with an aggregate issue size of ₹2,59,72,633 Crores. The shares are offered at a price band of ₹168 to ₹177 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 84 shares (approx. ₹14,868 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-06, while un-allotted funds or UPI block mandates will be released on 2026-09-05.
The Deepa Jewellers Limited IPO aggregate issue size is ₹2,59,72,633 Crores with an equity price band set at ₹168 to ₹177 per equity share. The retail lot size is 84 shares requiring a minimum capital outlay of approx. ₹14,868.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-09-04.