Deepa Jewellers IPO

Deepa Jewellers is an upcoming issue, offered in a price band of ₹168 to ₹177 per share, in lots of 84 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹168 – ₹177

Lot size

84 shares

Minimum investment

₹14,868

Issue size

₹459.72 Cr

Fresh issue

₹250 Cr

Offer for sale

₹209.72 Cr

Opens

1 Sept 2026

Closes

3 Sept 2026

Listing date

8 Sept 2026

Registrar

Bigshare Services Pvt. Ltd.

One lot of 84 shares at the upper band price of ₹177 is ₹14,868 — the smallest retail application this issue accepts.

Lead managers: Emkay Global Financial Services Ltd, Valmiki Leela Capital Pvt. Ltd.

Grey market premium (GMP)

Latest reported GMP

₹32

Implied over upper band

18.10%

As of

27 Aug 2026, 10:00 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company has a significant revenue contribution from Southern India.
• The company has a well-established customer base with long-standing relationships with jewellery retail chains and standalone stores.
• The company offers a diverse product portfolio with varied weight ranges, designs, and specializations in vaddanam and CNC machine cut bangles.
• The company has an established procurement network and long-standing relationships with karigars.
• The company has an experienced management team with sectoral expertise.
• The company has a robust financial performance with consistent growth.

Risk factors disclosed in the offer document

• The company's top 10 customers accounted for a significant portion of its revenue, making it dependent on these few customers.
• A significant portion of the company's revenue generation is concentrated in Southern India, exposing it to regional economic, cultural, geopolitical, and local market risks.
• The company's inventories are dependent on its ability to effectively manage them, and an inability to do so may have an adverse effect on its business.
• The timely procurement and price of gold bullion, the company's key raw material, play an important role in its business operations.
• The company is subject to strict quality requirements, and any failure to comply with these standards may adversely affect its business prospects.
• The company is dependent on third-party karigars for production and manufacturing, and any discontinuation of their services or disruptions could adversely affect its operations.
• The company's business and the demand for its products are reliant on the success of its customers' products with their respective retail customers, and any decline in the demand for the end products could have an adverse impact on its business.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (Bigshare Services Pvt. Ltd.) after the issue closes. Track the whole calendar in the IPO Centre.

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