Deepa Jewellers IPO GMP & Allotment
Deepa Jewellers operates in the business-to-business gems and jewellery sector, focusing on the sale of products like vaddanam and CNC machine-cut bangles to retail chains and standalone stores. The company generates the majority of its revenue from operations in Southern India, specifically within Telangana, Andhra Pradesh, and Tamil Nadu. Along with its primary offerings, the product portfolio includes traditional neck pieces, armlets, earrings, rings, precious stones, pearls, and gold bullion. Currently, production is fully outsourced to third-party karigars who craft the ornaments according to company specifications. To scale capacity and improve operational efficiencies, the company is in the process of transitioning to a new in-house manufacturing facility located in Hyderabad. Revenue is derived directly from wholesale transactions with jewellery retailers, supported by targeted marketing and flexible take-back arrangements for unsold inventory.
- IPO Price Band
- ₹168.00 - ₹177.00
- Lot Size
- 84 Shares
- Bidding Closes
- 03 Sept 2026
- Listing Date
- 08 Sept 2026
Complete IPO information
| IPO Open Date | 01 Sept 2026 |
|---|---|
| IPO Close Date | 03 Sept 2026 |
| IPO Price Band | ₹168.00 - ₹177.00 |
| Lot Size | 84 Shares |
| Current GMP | ₹24 |
| Estimated Listing Gain | +24.89% |
| Issue Size | - |
| Fresh Issue | Approx ₹250 Cr |
| Issue Type | Mainboard |
| IPO Listing | BSE, NSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 42.61x |
| Minimum Investment | ₹14,868 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 51.55 | 1907.77 | 37x |
| NII | 40.09 | 4248.24 | 105.96x |
| Retail | 93.55 | 1735.05 | 18.55x |
| Overall Subscription | 185.20 | 7891.05 | 42.61x |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Deepa Jewellers is priced at ₹177 per share. With a minimum lot size of 84 shares, a retail investor applying for one lot would need approximately ₹14,868 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Deepa Jewellers stands at ₹24, implying an estimated listing gain of around 13.56% over the issue price if it holds until listing. This is up ₹2 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Deepa Jewellers's IPO was subscribed 42.61x overall, with a category-wise breakdown of Retail 18.55x, QIB 37x, NII 105.96x.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
IPO roadmap at a glance
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 08 Sept 2026 | ₹24.00 | +₹2.00 | 13.56% |
| 07 Sept 2026 | ₹22.00 | +₹4.00 | 12.43% |
| 06 Sept 2026 | ₹18.00 | -₹10.00 | 10.17% |
| 03 Sept 2026 | ₹28.00 | -₹16.00 | 15.82% |
| 02 Sept 2026 | ₹44.00 | +₹4.00 | 24.86% |
| 01 Sept 2026 | ₹40.00 | -₹7.00 | 22.60% |
| 31 Aug 2026 | ₹47.00 | - | 26.55% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 84 | ₹14,868 |
| Retail Maximum | 13 Lot | 1,092 | ₹1,93,284 |
| S-HNI Minimum | 14 Lot | 1,176 | ₹2,08,152 |
| S-HNI Maximum | 67 Lot | 5,628 | ₹9,96,156 |
| B-HNI Minimum | 68 Lot | 5,712 | ₹10,11,024 |
Objects of the Issue & Official Documents
Deepa Jewellers IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 01 Sept 2026 |
| IPO Close Date | 03 Sept 2026 |
| Basis of Allotment | 04 Sept 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 08 Sept 2026 |
Note: The timeline for Deepa Jewellers IPO is tentative and subject to change.
Deepa Jewellers Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Deepa Jewellers Company Financials
To Be Updated Soon
Deepa Jewellers Company Valuation – FY2026
To Be Updated Soon
Deepa Jewellers IPO Peer Group Comparison
To Be Updated Soon
Compare Deepa Jewellers IPO with similar IPOs
Deepa Jewellers IPO FAQs
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