Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
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. It emphasizes purity, transparent pricing, and customer trust, operating through physical stores and distribution channels while adhering to regulatory standards and evolving jewellery market trends.
As on July 31, 2026, the company has a product portfolio of 16 products and 110 SKUs across its product categories.
As of July 31, 2026, the company's customer network spans across 13 states and 1 union territory in India with a total customer base of 373 customers, comprising of 47 jewellery retail chains and 326 standalone stores.
The company uses a third-party mobile application namely “Deepa Jewellers Limited” to enhance brand visibility, disseminate information, and display product collections, which was commissioned on June 25, 2021. This application enables access to high-resolution images of selected jewellery designs to remote customers.
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 51,55,438 (27.84%) | 19,07,76,852 | 37.00 |
| NII | 40,09,394 (21.65%) | 42,48,23,532 | 105.96 |
| bNII (> ₹10L) | 26,72,930 (14.43%) | 33,12,95,244 | 123.94 |
| sNII (< ₹10L) | 13,36,464 (7.22%) | 9,35,28,288 | 69.98 |
| Retail | 93,55,253 (50.51%) | 17,35,05,948 | 18.55 |
| Total | 1,85,20,085 (100.00%) | 78,91,06,332 | 42.61 |
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 51,55,438 (27.84%) | 16,93,56,348 | 32.85 |
| NII | 40,09,394 (21.65%) | 35,68,24,524 | 89.00 |
| bNII (> ₹10L) | 26,72,930 (14.43%) | 28,86,49,284 | 107.99 |
| sNII (< ₹10L) | 13,36,464 (7.22%) | 6,81,75,240 | 51.01 |
| Retail | 93,55,253 (50.51%) | 9,13,10,352 | 9.76 |
| Total | 1,85,20,085 (100.00%) | 61,74,91,224 | 33.34 |
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 03-09-2026 | ₹177 | ₹25 | ₹202 ( 14.12% ) | ₹2,350.00 | 03-Sep-2026 04:16 PM |
| 02-09-2026 | ₹177 | ₹28 | ₹205 ( 15.82% ) | ₹2,632.00 | 02-Sep-2026 03:59 PM |
| 01-09-2026 | ₹177 | ₹55 | ₹232 ( 31.07% ) | ₹5,170.00 | 01-Sep-2026 10:07 AM |
A quick overview of the key financial performance of Deepa Jewellers Limited.
*All values are in Rs. Cr
Revenue increased by 38%, Profit after Tax (PAT) increased by 158%, Total Assets increased by 64% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 1,024.57 | 1,397.01 | 1,926.68 |
| Assets | 174.64 | 217.67 | 357.18 |
| Total Income | 1,025.73 | 1,400.10 | 1,927.73 |
| Profit After Tax | 24.35 | 40.58 | 104.79 |
| EBITDA | 35.77 | 56.01 | 146.34 |
| Net Worth | 92.55 | 133.21 | 238.07 |
| Reserves & Surplus | 88.45 | 129.11 | 221.67 |
| Total Borrowings | 77.93 | 80.79 | 111.12 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 94 | ₹ 16,638 |
| Retail (Max) | 12 | 1,128 | ₹ 1,99,656 |
| S-HNI (Min) | 13 | 1,222 | ₹ 2,16,294 |
| S-HNI (Max) | 60 | 5,640 | ₹ 9,98,280 |
| B-HNI (Min) | 61 | 5,734 | ₹ 10,14,918 |
| KPI | Latest |
|---|---|
| ROE (%) | 56.45 |
| ROCE (%) | 52.08 |
| Debt / Equity | 0.47 |
| RoNW (%) | 56.45 |
| PAT Margin (%) | 5.44 |
| EBITDA Margin (%) | 7.6 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
12.78
-
|
| P/E (x) |
-
-
|
| Promoter Holding (%) |
99.98
-
|
