DEEPA JEWELLERS LIMITED
₹ 168 - ₹ 177
01-Sep-2026 - 03-Sep-2026
₹ 14868.00

/ 84 Shares

DEEPA JEWELLERS LIMITED

01-Sep-2026 - 03-Sep-2026

₹ 168 - ₹ 177

Price Band

₹ 14868.00

Minimum Investment

84

Bid Lot

25,972,632

Shares

  • Face Value - ₹ 2/- Per Share

  • Listing at NSE BSE

  • 108,219 Application Required in Retail for 1 Time.

  • Registrar : Bigshare Services Pvt. Ltd

IPO Details

Fresh Issue of Equity Shares aggregating upto RS 250 Cr and Offer for Sale of up to 1,18,48,340 Equity Shares

Category % Shares/Amount
QIB 50% 12,986,316 Shares RS. 229.86 CR
HNI 1 5% 1,298,632 Shares RS.22.99 CR @ 1104 FORM 1X
HNI 2 10% 2,597,263 Shares RS. 45.97 CR @ 2209 FORM 1X
Retail 35% 9,090,422 Shares RS.160.90 CR @ 108219 FORM 1X

BRLMs: Emkay Global Financial Services, Valmiki Leela Capital

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
108219 FORM 1X 1104 FORM 1X 2209 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 84 ₹ 14,868
Retail (Upto 2 Lakh) 13 1092 ₹ 193,284
S-HNI (2 Lakh to 10 Lakh) 14 1176 ₹ 208,152
S-HNI (2 Lakh to 10 Lakh) 67 5628 ₹ 996,156
B-HNI (Above 10 Lakh) 68 5712 ₹ 1,011,024

IPO Timeline

  • Open Date

    01-Sep-2026

  • Close Date

    03-Sep-2026

  • Basis of Allotment Date

    04-Sep-2026

  • Initiation of Refunds

    07-Sep-2026

  • Credit Shares to Demat A/c

    07-Sep-2026

  • IPO Listing Date

    08-Sep-2026

Subscription as on
03-Sep-2026 17:40

Category Book Size Subscription No. of Times
QIB 5,194,527 ₹ 91.94 Cr. 169,356,348 ₹ 2997.61 Cr. 32.60x
HNI (<10 LAKH) 1,298,632 ₹ 22.99 Cr. 68,175,240 ₹ 1206.70 Cr. 52.50x
HNI2 (>10 LAKH) 2,597,263 ₹ 45.97 Cr. 288,649,284 ₹ 5109.09 Cr. 111.14x
RETAIL 9,090,421 ₹ 160.90 Cr. 91,310,184 ₹ 1616.19 Cr. 10.04x
Total 18,180,843 617,491,056 33.96x
Category Book Size Subscription No. of Times
QIB 5,194,527 ₹ 91.94 Cr. 169,356,348 ₹ 2997.61 Cr. 32.60x
HNI (<10 LAKH) 1,298,632 ₹ 22.99 Cr. 68,175,240 ₹ 1206.70 Cr. 52.50x
HNI2 (>10 LAKH) 2,597,263 ₹ 45.97 Cr. 288,649,284 ₹ 5109.09 Cr. 111.14x
RETAIL 9,090,421 ₹ 160.90 Cr. 91,310,184 ₹ 1616.19 Cr. 10.04x
Total 18,180,843 617,491,056 33.96x

*Excluding Anchor

Total No. of Application Approx : ~977139 (9.03 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 77834.95 1104 (For 1x) 70.50x
HNIAT 57451.11 2209 (For 1x) 26.01x
RETAIL 1860192.00 108219 (For 1x) 17.19x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • Deepa Jewellers was incorporated in 2016. It is an organized B2B designer, processor, and supplier of hallmarked gold jewellery, with primary operations in Telangana, Karnataka, Andhra Pradesh, Tamil Nadu, and Kerala, and a key processor and supplier of vaddanam and CNC machine cut bangles, distributing to jewellery retail chains and standalone stores. The company’s management has 24 years of experience in the gems and jewellery industry, providing strategic depth and industry expertise.
  • The company is supported by an in-house team of 15 designers who create products tailored to customer requirements, market trends and regional preferences.
  • Manufacturing is outsourced to 41 karigars, to whom raw materials are supplied and finished ornaments are returned against making charges, providing flexibility and scalability without significant capital investment.
  • The company processes and supplies 22 karat gold jewellery, undertakes job-work services and engages in trading of silver ornaments, 18 and 20 karat gold ornaments, precious stones and bullion.
  • Its portfolio includes vaddanam, CNC machine cut bangles, gents kada, vanky, dandpatti, gundlamala haaram, gundlamala necklace, kangan, earrings, mangtika, maatil, champasaralu, jada, rings, bracelets and precious rings.
  • As of July 31, 2026, the company’s customer network covered 13 states and 1 union territory with 373 customers comprising 47 jewellery retail chains and 326 standalone stores, without owning standalone stores itself.
  • It operates from its Registered Office at Basheerbagh, Himayathnagar, Hyderabad, Telangana, admeasuring 4,464 sq. ft. A proposed facility of 6,696 sq. ft. in the same building is expected to be operational before the first half of Fiscal 2027, aimed at reducing dependence on external karigars, lowering making charges, improving cost efficiencies and ensuring quality control.
  • The facility will be equipped with a ProJet MJP 300W wax 3D printer, a vacuum pressure casting machine and an induction melting furnace.
  • The company expanded its presence with a sales office in Vijayawada, Andhra Pradesh in November 2025, staffed with six employees and maintaining finished ornament inventory of ?0.38 crore as of July 31, 2026.
  • As of July 31, 2026, the company’s portfolio comprised 16 products with 110+ SKUs, ranging from 2.50 grams to 300 grams. By Fiscal 2027, the company intends to add 2 new product categories and 22 SKUs, including paper casting jewellery and nakshi kundan jewellery, which offer higher margin potential.
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Strengths

Competitive Strength 

  • Significant revenue contribution from Southern India
  • Well established customer base with long-standing relationship with jewellery retail chains and standalone stores
  • Diverse product portfolio with varied weight ranges, designs and specialisation in vaddanam and CNC machine cut bangles
  • Established procurement network and long -standing relationship with karigars
  • Well experienced Promoters and a professional management team with sectoral experience
  • Robust financial performance with consistent growth

Business Strategies 

  • Setting up in-house manufacturing facility - Proposed Facility
  • Further strengthening their presence in Southern India through new sales offices
  • Expanding the product portfolio by adding new product categories, designs and SKUs
  • Invest in brand building and marketing initiatives by participating in various trade exhibitions and trade shows
  • Leveraging Technology for operational efficiency

Company Promoters

Company Financials

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 357.18 217.67 174.64
Total Income 1,927.73 1,400.10 1,025.73
Profit After Tax 104.79 40.58 24.35
EBITDA 146.34 56.01 35.77
NET Worth 238.07 133.21 92.55
Reserves and Surplus 221.67 129.11 88.45
Total Borrowing 111.11 80.79 77.93
Amount in ? Crore

Objects of the Issue

# Issue Objects Est Amt (? Cr.)
1 Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company 215.00
2 General corporate purposes

How to Apply

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