Deepa Jewellers IPO: 31% Listing Gain Estimate
Deepa Jewellers’ gold and diamond necklace with financial data overlay.
Key Highlights
Deepa Jewellers IPO, valued at Rs 459.72 crore, opens with an estimated 31.07% listing gain based on a Rs 55 Grey Market Premium. Subscription runs Sept 1-3, 2026.
Deepa Jewellers’ opened with an estimated 31.07% listing gain, according to its (GMP) of Rs 55 as of September 1, 2026. This premium suggests a potential listing price of Rs 232 per share.
The IPO, valued at Rs 459.72 crore, began its subscription period on September 1, 2026, and is set to conclude on September 3, 2026. It comprises both a fresh issue and an offer for sale.
Key IPO Figures
- Total IPO Value: Rs 459.72 crore
- Component: Rs 250 crore
- Component: Rs 209.72 crore
- Share : Rs 168 to Rs 177 per share
- Minimum Bid: 84 shares
- Minimum Retail Investment: Rs 14,868
Deepa Jewellers intends to direct Rs 215 crore from the net proceeds primarily towards long-term working capital, specifically for managing its extensive inventory. Any remaining funds will address general corporate needs.
Financial Performance Snapshot (FY26)
- Growth: Increased by 38% compared to FY25
- (PAT) Growth: Surged by 158% over FY25
- for FY26: Rs 1,927.73 crore
- PAT for FY26: Rs 104.79 crore
Founded in 2016, Deepa Jewellers engages in both retail and wholesale distribution of gold and diamond jewelry. The company’s significant financial growth in FY26 positions its ongoing IPO prominently in the market.