Deepa Jewellers IPO

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Price Band

168 – ₹177

Issue Size

459.72 Cr

Issue Dates

1 Sept 3 Sept 2026

Listing Date

8 Sept 2026

About Deepa Jewellers Ltd.

Incorporated in 2016, Deepa Jewellers Ltd. is engaged in the retail and wholesale trading of gold and diamond jewellery, offering a wide range of traditional and contemporary designs catering to diverse customer preferences. The company focuses on sourcing, designing, and selling jewellery products including rings, necklaces, earrings, bangles, and customized ornaments crafted with quality materials and skilled workmanship. Product portfolio includes Vaddanam, CNC machine cut bangles, gents kada, vanky, dandpatti, gundlamala haaram, gundlamala necklace, kangan, earring, mangtika, maatil, champasaralu, jada, and rings. As of July 31, 2026, the company's customer network spans 13 states and 1 union territory with a total customer base of 373 customers, comprising 47 jewellery retail chains and 326 standalone stores. As on July 31, 2026, they have a product portfolio of 16 products and 110 SKUs across their product categories.

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IPO Details

Price Band₹168 – ₹177
Face Value₹2
Issue Size₹459.72 Cr
Fresh Issue₹250 Cr
Offer for Sale209.72 Cr
Total Shares Offered2,59,72,633
Listed OnBoth

Objects of the Issue

Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company (₹215.00 Cr); General corporate purposes.

Key Financial Metrics

EPS (Basic)

4.95

ROE

56.45%

ROCE

52.08%

Debt / Equity

0.47

Financial Performance

Particulars (₹ Cr)31 Mar 202431 Mar 202531 Mar 2026
Revenue
EBITDA35.7756.01146.34
PAT24.3540.58104.79
Total Assets174.64217.67357.18
Net Worth92.55133.21238.07
Total Borrowings77.9380.79111.11

Valuation

Market Capitalisation

Pre-IPO
Post-IPO₹1,701.4 Cr

P/E Ratio

Pre-IPO
Post-IPO

Promoter Holding

Pre-IPO100%
Post-IPO72.98%

Public Holding

Pre-IPO
Post-IPO27.02%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
retail_min84 shares₹14,868
retail_max1092 shares₹1,93,284
shni_min14 × 1176₹2,08,152
shni_max5628 shares₹9,96,156
bhni_min68 × 5712₹10,11,024

Reservation / Allocation

CategoryAllocationCut-off
QIB50%No
Retail35%Yes
NII15%No

Registrar & Lead Managers

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers (2)

Emkay Global Financial Services Ltd.
Valmiki Leela Capital Pvt.Ltd.

Peer Comparison

CompanyListedMkt Cap (₹ Cr)EPS (₹)P/EROE %
Deepa Jewellers IPO (this IPO)1,701.4₹4.9556.45%
Shankesh Jewellers Ltd.Yes10.24x
Lalithaa Jewellery Mart Ltd.Yes9.95x
Advit Jewels Ltd.Yes18.41x

Frequently Asked Questions

5 questions about Deepa Jewellers IPO IPO

Deepa Jewellers IPO is a main-board IPO of 2,59,72,633 equity shares of the face value of ₹2 aggregating up to ₹460 Crores. The issue is priced at ₹168 to ₹177. The minimum order quantity is 84. The IPO opens on Tue, Sep 1, 2026, and closes on Thu, Sep 3, 2026. Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Important Dates

Issue Opens1 Sept 2026
Issue Closes3 Sept 2026
Allotment4 Sept 2026
Refund Initiation7 Sept 2026
Demat Credit7 Sept 2026
Listing Date8 Sept 2026

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