Deepa Jewellers IPO: Price Band Rs 168-177, Opens Sept 1, 2026

Deepa Jewellers Limited set its initial public offering price band between Rs 168 and Rs 177 per equity share. The IPO is scheduled to open on Tuesday, September 1, 2026, and will close on Thursday, September 3, 2026.

Deepa Jewellers IPO Snapshot

• Price Band: Rs 168–177 per equity share
• Minimum Bid: 84 equity shares
• Fresh Issue: up to Rs 2,500 million
• Offer-for-Sale (OFS): up to 11,848,340 shares
• Promoter Sellers: Ashish Agarwal and Seema Agarwal (5,924,170 shares each)

The fresh issue proceeds will fund long-term working capital for inventory procurement and scaling, alongside general corporate purposes and offer expenses.

Investor Allocation Details

• Qualified Institutional Buyers (QIBs): up to 50%
• Non-Institutional Investors (NIIs): at least 15%
• Retail Individual Investors (RIIs): at least 35%

Deepa Jewellers, incorporated in 2016, specializes in designing, processing, and supplying 22-karat hallmarked gold jewellery. Their product range includes CNC cut bangles and traditional ornaments.

The company serves 373 clients as of July 31, 2026, including major retailers like Kalyan Jewellers, Joyalukkas, and Lalithaa Jewellery, across 13 states and 1 union territory.

Financial Growth Highlights

• Revenue FY24: Rs 10,245.68 million
• Revenue FY26: Rs 19,266.76 million
• Profit After Tax (PAT) FY24: Rs 243.47 million
• Profit After Tax (PAT) FY26: Rs 1,047.88 million

Shares will be listed on the BSE and NSE. Emkay Global and Valmiki Leela Capital are managing the issue, with Bigshare Services acting as the registrar.