Deepa Jewellers IPO
IPO Listing Details
- Listing Date
08 Sep 2026
- Listing Price
₹221.05
- Listing Change
24.89%
- Last Traded Price
₹188.31
Deepa Jewellers IPO Details
-
Open Date
01 Sep 2026
-
Close Date
03 Sep 2026
- IPO Price Range
₹ 168 to ₹177
- IPO Size
₹ 460 Cr
Deepa Jewellers IPO Timeline
Deepa Jewellers IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 01-Sep-2026 | 0.11 | 0.65 | 1.42 | 0.88 |
| 02-Sep-2026 | 0.45 | 5.27 | 4.85 | 3.69 |
| 03-Sep-2026 | 36.73 | 109.04 | 19.09 | 43.40 |
Last Updated: 03 September 2026 5:33 PM by 5paisa
Incorporated in 2016, Deepa Jewellers Ltd. is engaged in the retail and wholesale trading of gold and diamond jewellery, offering traditional and contemporary designs. Its portfolio includes rings, necklaces, earrings, bangles, customised ornaments, Vaddanam, gents kada, Vanky, Dandpatti, Gundlamala Haaram, Kangan, Mangtika, Maatil, Champasaralu, and Jada. The company focuses on jewellery purity, transparent pricing, and customer trust, with sales through physical stores and distribution channels As of July 31, 2026, Deepa Jewellers had 373 customers across 13 states and 1 union territory, including 47 jewellery retail chains and 326 standalone stores. The company also uses a third-party mobile application, commissioned in June 2021, to showcase selected jewellery designs and provide high-resolution product images to remote customers.
Established in: 2016
Managing Director: Ashish Agarwal
Peers:
| Name of the company | Face value per equity share (₹) | Closing Price (₹) | Revenue from Operations (in ₹ million) | Market Cap (in ₹ million) | P/B | P/E | EPS (Basic) | EPS (Diluted) | RoNW (%) | NAV (₹ per share) |
|---|---|---|---|---|---|---|---|---|---|---|
| Deepa Jewellers Limited | 2 | - | 1,926.68 | - | - | - | 12.78 | 12.78 | 56.45% | 29.03 |
| Sky Gold and Diamonds Limited | 10 | 803.60 | 4,708.38 | 12,445.67 | 11.17 | 57.56 | 13.97 | 13.96 | 23.88% | 72.02 |
| Shanti Gold International Limited | 10 | 269.90 | 2,018.70 | 2,071.20 | 3.25 | 12.72 | 21.22 | 21.22 | 37.34% | 83.00 |
| Shringar House of Mangalsutra Limited | 10 | 230.65 | 2,245.81 | 2,224.20 | 3.30 | 17.02 | 13.55 | 13.55 | 26.29% | 70.29 |
| RBZ Jewellers Ltd | 10 | 138.15 | 636.48 | 552.60 | 1.86 | 10.08 | 13.70 | 13.70 | 20.11% | 74.96 |
| Khazanchi Jewellers Limited | 10 | 802.85 | 2,049.21 | 1,986.80 | 6.21 | 22.22 | 36.10 | 36.10 | 32.45% | 129.14 |
Deepa Jewellers Objectives
1. ₹215 crore for long-term working capital requirements, including procurement, maintenance, and scaling up of inventory.
2. Remaining proceeds for general corporate purposes.
Deepa Jewellers IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹459.72 Cr |
| Offer For Sale | ₹1.18 Cr |
| Fresh Issue | ₹1.41 Cr |
Deepa Jewellers IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 84 | 14,112 |
| Retail (Max) | 13 | 1,092 | 1,93,284 |
| S-HNI (Min) | 14 | 1,176 | 1,97,568 |
| S-HNI (Max) | 67 | 5,628 | 9,96,156 |
| B-HNI (Min) | 68 | 5,712 | 10,11,024 |
Deepa Jewellers IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 36.73 | 51,94,528 | 19,07,76,852 | 3,376.75 |
| Non-Institutional Buyers | 109.04 | 38,95,895 | 42,48,23,532 | 7,519.38 |
| bNII | 127.56 | 25,97,263 | 33,12,95,244 | 5,863.93 |
| sNII | 72.02 | 12,98,632 | 9,35,28,288 | 1,655.45 |
| Retail | 19.09 | 90,90,422 | 17,35,04,688 | 3,071.03 |
| Total** | 43.40 | 1,81,80,845 | 78,91,05,072 | 13,967.16 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 19,26.68 | 13,97.01 | 8.21 |
| EBITDA | 35.77 | 56.00 | 1,46.34 |
| PAT | 24.35 | 40.58 | 1,04.79 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 174.64 | 217.67 | 357.18 |
| Share Capital | 4.1 | 4.1 | 16.4 |
| Total Liabilities | 77.93 | 80.79 | 111.11 |
| Particulars (In ₹Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 4.84 | -9.86 | -14.73 |
| Net Cash Generated From / (used in) Investing Activities | 5.80 | 10.25 | - 4.38 |
| Net Cash Generated From / (used in) Financing Activities | 9.48 | -1.49 | 19.11 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 1.17 | 1.10 | 0.008 |
Strengths
1. Wider retail presence reduces geographical concentration risk
2. Brand-building initiatives support stronger consumer brand recall
3. Modern technologies enable evolving jewellery design capabilities
4. Hallmarked products strengthen consumer trust and quality perception
Weaknesses
1. Jewellery operations require significant capital investment
2. Intense competition across national and regional players
3. Rising gold and diamond prices may impact demand
4. Gold’s commoditised nature limits retailers’ pricing flexibility
Opportunities
1. Consumers increasingly prefer organised jewellery retail chains
2. Rising incomes support premium and customised jewellery demand
3. Online channels expand access to fashion jewellery buyers
4. Urbanisation and working women may support jewellery consumption
Threats
1. Regulatory changes may impact demand and working capital
2. Younger consumers may shift towards artificial jewellery
3. Investors may prefer alternative asset classes over gold
4. Inflation and slower growth may affect jewellery demand
1. Strong revenue contribution from the Southern India market
2. Established relationships with retail chains and standalone stores
3. Diverse portfolio with varied designs and weight ranges
4. Established procurement network and long-standing karigar relationships
5. Experienced promoters and management with sector expertise
6. Consistent growth supported by robust financial performance
1. Consumer preference is gradually shifting towards organised jewellery retailers
2. Rising disposable incomes support premium and customised jewellery demand
3. Online channels are widening access to daily and fashion jewellery
4. Urbanisation and more working women support gold jewellery consumption
5. Hallmarked and certified products strengthen trust in organised retailers
6. Technology adoption supports new designs aligned with changing preferences
- Companies
- Type
- Opening On
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- Mainboard
- 22nd Sep
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FAQs
Deepa Jewellers IPO opens from September 1, 2026 to September 3, 2026.
The size of Deepa Jewellers IPO is ₹459.72 Cr.
The price band of Deepa Jewellers IPO is fixed at ₹168 to ₹177 per share.
To apply for Deepa Jewellers IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Deepa Jewellers IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Deepa Jewellers IPO is of 84 shares and the investment required is ₹14,112
The share allotment date of Deepa Jewellers IPO is September 4, 2026
The Deepa Jewellers IPO will likely be listed on September 8, 2026.
Mefcom Capital Markets Limited is the book running lead manager for Deepa Jewellers IPO.
Deepa Jewellers IPO plans to utilise the raised capital from the IPO for:
1. ₹215 crore towards long-term working capital, including inventory procurement, maintenance, and expansion.
2. Remaining proceeds towards general corporate purposes.