Deepa Jewellers IPO Details
Deepa Jewellers IPO Summary
Deepa Jewellers IPO opens for subscription on 01 Sep 2026 and closes on 03 Sep 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 08 Sep 2026.
Deepa Jewellers IPO price band has been fixed at ₹168 – ₹177 per share. The face value is ₹2 per share with a lot size of 84.
Deepa Jewellers IPO total issue size comprises 2,59,72,633 shares (aggregating up to ₹459.72 Cr). This includes a fresh issue of 1,41,24,293 shares (aggregating up to ₹250.00 Cr). Offer for Sale consists of 1,18,48,340 shares (aggregating up to ₹209.72 Cr). Pre-issue shareholding stands at 8,20,00,000, which will increase to 9,61,24,293 post-issue.
Deepa Jewellers IPO carries a ₹25 (14.12%) GMP, reflecting investor sentiment.
Deepa Jewellers IPO Lot Size :Retail Minimum is 1 lot (84 shares) amounting to ₹14,868. Retail Maximum is 13 lots (1,092 shares) amounting to ₹1,93,284. SHNI Minimum is 14 lots (1,176 shares) amounting to ₹2,08,152. SHNI Maximum is 67 lots (5,628 shares) amounting to ₹9,96,156. BHNI Minimum is 68 lots (5,712 shares) amounting to ₹10,11,024.
Deepa Jewellers IPO Details
Deepa Jewellers IPO Subscription
Deepa Jewellers IPO Application Wise Breakup (Approx)
Deepa Jewellers IPO Dates
- 01 Sep 2026Opening dateOpen
- 03 Sep 2026Closing dateClose
- 04 Sep 2026Allotment Date Allotment
- 07 Sep 2026Initiation of RefundsRefund
- 07 Sep 2026Credit of SharesCredit
- 08 Sep 2026Listing dateListing
Deepa Jewellers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 84 | ₹14,868 |
| Retail Maximum | 13 | 1092 | ₹1,93,284 |
| SHNI Minimum | 14 | 1176 | ₹2,08,152 |
| SHNI Maximum | 67 | 5628 | ₹9,96,156 |
| BHNI Minimum | 68 | 5712 | ₹10,11,024 |
Deepa Jewellers IPO Reservation
Promoter Holding
Documents
Deepa Jewellers IPO Valuations
Deepa Jewellers Financial Information
| 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 | |||
About Deepa Jewellers IPO
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: Vaddanam (waist belt), CNC machine cut bangles, gents kada, vanky(armlet), dandpatti (bajuband), gundlamala haaram (traditional neck piece), gundlamala necklace, kangan, earring, mangtika (forehead pendant), maatil (ear chain), champasaralu (ear to hair chain), jada (braid ornament), and rings.
Deepa Jewellers Ltd. 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 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 use third-party mobile application namely “Deepa Jewellers Limited” to enhance their brand visibility, disseminate information and display product collections, which was commissioned by them on June 25, 2021. This application enables access to high-resolution images of selected jewellery designs to remote customers.
As on July 31, 2026, they have a product portfolio of 16 products and 110 SKUs across their product categories.
Strength Of Deepa Jewellers IPO
- 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.
Risk Of Deepa Jewellers IPO
- The company top 10 customers accounted for Rs. 12,460.30 million, Rs. 8,839.29 million and Rs. 6,901.89 million representing 64.67%, 63.27% and 67.36% of its revenue from operations based on the company Restated Financial Information for the Fiscal 2026, Fiscal 2025 and Fiscal 2024 respectively. Its revenue from operations based on the company Restated Financial Information is concentrated among a few key customers and any decision by these customers to reduce or terminate their business with it could significantly impact our business, financial condition and results of operations.
- The company derive a significant portion of its revenue from operations from the sale of the company vaddanam and CNC machine cut bangles. its revenue from operations from the sale of vaddanam for the Fiscal 2026, Fiscal 2025 and Fiscal 2024 was Rs. 8,062.41 million, Rs. 4,830.59 million and Rs. 3,755.56 million representing 41.85 %, 34.58 % and 36.66 % of its revenue from operations for the indicated periods. The company revenue from operations from the sale of CNC machine cut bangles for the Fiscal 2026, Fiscal 2025 and Fiscal 2024 was Rs. 5,948.53 million, Rs. 5,842.21 million and Rs. 4,075.94 million representing 30.87%, 41.82%, and 39.78% of its revenue from operations for the indicated periods. Any cancellation of the purchase orders of these products, could adversely affect its business, cash flows, financial condition, and overall results of operations.
- A significant portion of the company business operations and revenue generation is concentrated in Southern India. For the Fiscal 2026, Fiscal 2025 and Fiscal 2024, our revenue from Southern India was Rs. 18,181.87 million, Rs. 13,738.07 million and Rs. 10,199.85 million respectively, representing 94.37%, 98.33% and 99.55% of total revenue for the indicated periods. This regional concentration could expose the Company to economic, cultural, geopolitical and local market risks.
- The company inventories as of Fiscal 2026, Fiscal 2025 and Fiscal 2024 were Rs. 873.62 million, Rs.827.87 million and Rs.722.56 million representing 4.53%, 5.93%, and 7.05% as a percentage of its revenue from operations for the indicated periods respectively. The company results of operations are dependent on its ability to effectively manage the company inventory. Its inability to accurately forecast demand or effectively manage our inventory may has an adverse effect on its business, financial condition, results of operations and cash flows.
- Timely procurement of gold bullion, the company key raw material, as well as the quality and the price at which it is procured, play an important role in the successful operation of its business. The prices and availability of gold bullion depend on factors beyond the company control, including general economic conditions, foreign exchange rates, competition, production levels and regulatory factors such as import duties. The non-availability or volatility in the cost of gold and absence of hedging facilities may has an adverse effect on its business, results of operations, financial condition and prospects.
- Its depend on certain key suppliers for gold bullion, the company key raw material. Its top 10 suppliers accounted for Rs. 16,021.93 million, Rs. 10,845.93 million and Rs. 9,582.83 million representing 91.81%, 82.32% and 96.89% of the company total purchase based on its Restated Financial Information for the Fiscal 2026, Fiscal 2025 and Fiscal 2024 respectively. The company procure gold bullions from RBI registered bullion bank, independent bullion dealers, exchanges from customers and import through India International Bullion Exchange (IIBX), with whom Its does not has any long-term contracts. In the event of any adverse regulatory development or failure by independent bullion dealers to perform their obligations in a timely manner, it may has an adverse effect on its business, financial condition, results of operations and cash flows.
- Its subject to strict quality requirements, and sales of the company products are dependent on its quality controls and standards. Any failure to comply with quality standards may adversely affect its business prospects, cash flows and financial performance, including cancellation of existing and future orders.
- Its dependent on third party karigars for the production and manufacturing of all the company products. The company has not entered into formal agreements with some of the karigars. Any discontinuation of services by these karigars, disruptions at their production or manufacturing facilities, or failure of such third parties to adhere to the relevant quality standards may has a negative effect on its reputation, business and financial condition.
- The company 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 has an adverse impact on its business, results of operations, cash flows and financial condition.
- The company has experienced negative cash flows from operating activities in previous periods and cannot assure you that its will not experience negative cash flows in future periods. Negative cash flows may adversely affect the company financial condition, results of operations and prospects.
Objectives Deepa Jewellers IPO
1. Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company
2. General corporate purposes
Company Contact Details
Deepa Jewellers Ltd. Address
Ground floor and first floor,
door no. 3- 6-343 & 344,
Basheerbagh, Himayathnagar,
Hyderabad, Telangana, 500029
Phone: + 91 76809 62117
Email: cs@deepajewel.com
Website: www.deepajewel.com
Registrar Contact Details
Deepa Jewellers FAQs
The Deepa Jewellers IPO is a MAINBOARD public issue comprising 25972633 equity shares with a face value of ₹2 each, aggregating to a total issue size of ₹459.72 Cr. The issue price has been fixed at ₹177 per equity share, and the minimum application size is 84 shares.
The IPO opens for subscription on 01 Sep 2026, and closes on 03 Sep 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹25 (14.12%).
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