Deepa Jewellers IPO
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.
IPO Details
| Price Band | ₹168 – ₹177 |
| Face Value | ₹2 |
| Issue Size | ₹459.72 Cr |
| Fresh Issue | ₹250 Cr |
| Offer for Sale | ₹209.72 Cr |
| Total Shares Offered | 2,59,72,633 |
| Listed On | Both |
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 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Revenue | — | — | — |
| EBITDA | 35.77 | 56.01 | 146.34 |
| PAT | 24.35 | 40.58 | 104.79 |
| Total Assets | 174.64 | 217.67 | 357.18 |
| Net Worth | 92.55 | 133.21 | 238.07 |
| Total Borrowings | 77.93 | 80.79 | 111.11 |
Valuation
Market Capitalisation
P/E Ratio
Promoter Holding
Public Holding
Lot Size & Allocation
Investment by Category
| Category | Lot Size | Min Investment | Max Investment |
|---|---|---|---|
| retail_min | 84 shares | ₹14,868 | — |
| retail_max | 1092 shares | — | ₹1,93,284 |
| shni_min | 14 × 1176 | ₹2,08,152 | — |
| shni_max | 5628 shares | — | ₹9,96,156 |
| bhni_min | 68 × 5712 | ₹10,11,024 | — |
Reservation / Allocation
| Category | Allocation | Cut-off |
|---|---|---|
| QIB | 50% | No |
| Retail | 35% | Yes |
| NII | 15% | No |
Registrar & Lead Managers
Registrar
Lead Managers (2)
Peer Comparison
| Company | Listed | Mkt Cap (₹ Cr) | EPS (₹) | P/E | ROE % |
|---|---|---|---|---|---|
| Deepa Jewellers IPO (this IPO) | — | 1,701.4 | ₹4.95 | — | 56.45% |
| Shankesh Jewellers Ltd. | Yes | — | — | 10.24x | — |
| Lalithaa Jewellery Mart Ltd. | Yes | — | — | 9.95x | — |
| Advit Jewels Ltd. | Yes | — | — | 18.41x | — |
Frequently Asked Questions
5 questions about Deepa Jewellers IPO IPO
Important Dates
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