Grover Jewells IPO Details
SME
Grover Jewells IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.
Grover Jewells IPO total issue size comprises 38,44,800 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 38,44,800 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,06,62,400, which will increase to 1,45,07,200 post-issue.
The Lead Managers for Grover Jewells IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Finshore Management Services Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Grover Jewells Limited DRHP.
Grover Jewells IPO Details
Grover Jewells IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Grover Jewells IPO Reservation
Promoter Holding
Documents
Grover Jewells IPO Valuations
Grover Jewells Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 29.85 | 13.91 | 11.71 |
| Total Income | 460.95 | 258.00 | 255.11 |
| Profit After Tax | 7.62 | 2.78 | 2.71 |
| EBITDA | 4.10 | 4.71 | 11.26 |
| NET Worth | 16.69 | 9.07 | 6.29 |
| Reserves and Surplus | 14.03 | 6.41 | 3.63 |
| Total Borrowing | 9.34 | 4.17 | 3.74 |
| Amount in ₹ Crore | |||
About Grover Jewells IPO
Incorporated in 2021, Grover Jewells Limited is engaged in the manufacturing and designing of a wide range of wholesale gold jewellery.
The company’s product portfolio includes plain gold, studded, and semi-finished jewellery, primarily available in 22 Karat, 20 Karat, and 18 Karat. It also offers hallmarked and non-hallmarked jewellery through its two showrooms located at Karol Bagh, New Delhi, and Chandni Chowk, Delhi.
The company operates across two key segments — machine-made chain manufacturing and casting jewellery production — enabling it to cater to both high-volume demand and contemporary fashion-oriented designs with consistent quality and timely delivery.
For operational clarity, Grover Jewells Limited categorizes its sales into three divisions: wholesale sales, retail sales, and consumer sales. Headquartered in Delhi, the company has established a strong B2B network across approximately 20 states in India and has expanded its footprint internationally with exports to Australia and the U.A.E.
As of August 31, 2025, the company employed 68 individuals.
Strength Of Grover Jewells IPO
Risk Of Grover Jewells IPO
Objectives Grover Jewells IPO
1. Working Capital Requirements
2. General corporate purposes
Company Contact Details
Grover Jewells Ltd.
House No C-44/5
1st Floor Lawrance, Road Industrial Area
Keshavpuram Ind Area, North West
Delhi, New Delhi, 110035
Phone: +91 9218012596
Email: cs@groverjewells.com
Website: groverjewells.com
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
To be announced