Deepa Jewellers IPO: Price Band Set at ₹168-177
Deepa Jewellers IPO price band and financial growth represented.
Key Highlights
Deepa Jewellers IPO opens Sept 1, 2026, with a price band of ₹168-177 per share. Details on fresh issue, OFS, and allocation for QIB, NII, and retail investors.
Deepa Jewellers Limited has fixed its (IPO) price band from Rs 168 to Rs 177 per equity share, each with a face value of Rs 2. The IPO is scheduled for subscription between September 1, 2026, and September 3, 2026, with shares set to list on both the and .
Key IPO Figures
- Fresh issue of shares: Rs 250 crore
- (OFS): Up to 11,848,340 shares
- Promoter Ashish Agarwal selling: Up to 5,924,170 shares
- Promoter Seema Agarwal selling: Up to 5,924,170 shares
- Allocation for : Up to 50%
- Allocation for Non-Institutional Investors: At least 15%
- Allocation for Investors: Minimum 35%
- Minimum bid: 84 shares
The Hyderabad-based company, established in 2016, operates as a B2B designer, processor, and supplier of hallmarked gold jewellery. It primarily serves markets across Telangana, Karnataka, Andhra Pradesh, Tamil Nadu, and Kerala.
Financial Performance
- (FY26): Approximately Rs 105 crore (up from Rs 24 crore in FY24)
- from Operations (FY26): Nearly Rs 1,927 crore (up from Rs 1,025 crore in FY24)
Deepa Jewellers plans to use the fresh issue proceeds primarily for long-term working capital requirements, including inventory procurement, maintenance, and expansion. Funds will also cover general corporate purposes and offer expenses.