Deepa Jewellers Limited IPO Price: ₹168 to ₹177 per share
IPO Dates: 1 to 3 Sept, 2026
Company Overview
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.
Business Operations
The company operates in the retail and wholesale trading of gold and diamond jewellery.
It focuses on sourcing, designing, and selling jewellery products while emphasizing purity, transparent pricing, and customer trust.
Product Portfolio
As of July 31, 2026, the company had a product portfolio of 16 products and 110 SKUs across its product categories.
Its product portfolio includes:
- Vaddanam (waist belt)
- CNC machine cut bangles
- Gents kada
- Vanky (armlet)
- Dandpatti (bajuband)
- Gundlamala haaram (traditional neck piece)
- Gundlamala necklace
- Kangan
- Earrings
- Mangtika (forehead pendant)
- Maatil (ear chain)
- Champasaralu (ear to hair chain)
- Jada (braid ornament)
- Rings
Customer Base
As of July 31, 2026, the company’s customer network spanned across 13 states and 1 union territory in India.
The company had a total customer base of 373 customers, comprising 47 jewellery retail chains and 326 standalone stores.
Distribution Network
The company operates through physical stores and distribution channels while adhering to regulatory standards and evolving jewellery market trends.
Technology & Digital Presence
The company uses a third-party mobile application named “Deepa Jewellers Limited” to enhance brand visibility, disseminate information, and display product collections.
The application was commissioned on June 25, 2021, and enables remote customers to access high-resolution images of selected jewellery designs.
Market Presence
The company has a strong presence in the southern market and an established customer base with long-standing relationships with jewellery retail chains and standalone stores.
Procurement Network
The company has an established procurement network and long-standing relationships with karigars.
Competitive Strengths
- Strong presence in the southern market.
- Well-established customer base with long-standing relationships 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 relationships with karigars.
- Experienced promoters and a professional management team with sectoral experience.
Bidding Starts In
Deepa Jewellers Limited IPO Specifics:
| IPO Date | 1 to 3 Sep, 2026 |
| Listing Date | Tue, Sep 8, 2026 |
| Face Value | ₹2 per share |
| Price Band | ₹168 to ₹177 |
| Lot Size | 84 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,59,72,633 shares (agg. up to ₹460 Cr) |
| Fresh Issue | 1,41,24,293 shares (agg. up to ₹250 Cr) |
| Offer for Sale | 1,18,48,340 shares of ₹2 (agg. up to ₹210 Cr) |
| Share Holding Pre Issue | 8,20,00,000 shares |
| Share Holding Post Issue | 9,61,24,293 shares |
Deepa Jewellers IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Tue, Sep 1, 2026 |
| IPO Close | Thu, Sep 3, 2026 |
| Allotment | Fri, Sep 4, 2026 |
| Refund | Mon, Sep 7, 2026 |
| Credit of Shares | Mon, Sep 7, 2026 |
| Listing | Tue, Sep 8, 2026 |
Deepa Jewellers Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 84 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 84 | ₹14,868 |
| Retail (Max) | 13 | 1,092 | ₹1,93,284 |
| S-HNI (Min) | 14 | 1,176 | ₹2,08,152 |
| S-HNI (Max) | 67 | 5,628 | ₹9,96,156 |
| B-HNI (Min) | 68 | 5,712 | ₹10,11,024 |
Deepa Jewellers Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
Deepa Jewellers Limited IPO Financial Information
| Particulars (₹ Cr) | 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 & Surplus | 221.67 | 129.11 | 88.45 |
| Total Borrowing | 111.11 | 80.79 | 77.93 |
Key Performance Indicator-Deepa Jewellers Limited IPO
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 56.45% |
| ROCE | 52.08% |
| Debt/Equity | 0.47 |
| RoNW | 56.45% |
| PAT Margin | 5.44% |
| EBITDA Margin | 7.60% |
| NAV | 29.03 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.95 | – |
| Market Cap at Offer Price | – | ₹1,701.40 Cr |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
Deepa Jewellers Limited IPO RHP
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