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Deepa Jewellers IPO GMP Today: Date, Price, and Listing Date

Deepa Jewellers IPO opens on September 1 with a ₹459.72 crore issue. Check today’s GMP, price band, allotment date, lot size and expected listing date.

Revati Krishna
Published: 1 Sept 2026, 05:00 AM IST (3 days ago)
Last Updated: 3 Sept 2026, 09:22 PM IST (21 hours ago)
4 min read
Quick Summary

Deepa Jewellers IPO GMP Overview: Deepa Jewellers IPO, worth ₹459.72 Cr, will open for subscription from 1 Sep to 3 Sep 2026. Deepa Jewellers allotment is expected on 4 Sep, and shares are likely to be listed on BSE & NSE on 8 Sep 2026. The price band for Deepa Jewellers IPO is set between ₹168 to ₹177.

Deepa Jewellers IPO GMP: Deepa Jewellers is a B2B designer, processor and supplier of hallmarked gold jewellery, with a strong presence across southern India. The company supplies jewellery to retail chains and standalone jewellery stores and also undertakes job work and trading of jewellery-related products.

The company is coming up with a ₹459.72 Cr IPO, comprising a fresh issue of ₹250 Cr and an offer for sale (OFS) of ₹209.72 Cr. Here are the key details of the Deepa Jewellers IPO.

Deepa Jewellers IPO Details

Here are the listing dates and important details investors should know about the upcoming IPO in September 2026.

  • Deepa Jewellers IPO is worth ₹459.72 Cr, comprising a fresh issue of ₹250 Cr and an offer for sale of ₹209.72 Cr.

  • Deepa Jewellers IPO will open for subscription on 1 Sep 2026 and close on 3 Sep 2026. The price band is set between ₹168 to ₹177 per share.

  • Deepa Jewellers IPO’s allotment is likely to take place on 4 Sep 2026 and the shares are expected to be listed on BSE and NSE on 8 Sep 2026.

  • The promoter and promoter group currently hold around 100% of the company. Their holding is expected to fall to around 72.98% after the IPO.

  • The company plans to use ₹215 Cr from the fresh issue proceeds for long-term working capital requirements, mainly for procurement, maintenance and scaling up of inventory. The remaining proceeds will be used for general corporate purposes.

  • Bigshare Services Pvt. Ltd. will be the registrar for the Deepa Jewellers IPO.

Parameter

Detail

IPO Open Date

1 Sep 2026

IPO Close Date

3 Sep 2026

Expected Allotment Date

4 Sep 2026

Expected Listing Date

8 Sep 2026 (BSE & NSE)

Price Band

₹168 to ₹177 per share

Lot Size

84 shares

Minimum Investment

₹14,868

Fresh Issue

₹250 Cr

Offer for Sale (OFS)

₹209.72 Cr

Total Issue Size

₹459.72 Cr

Deepa Jewellers IPO GMP Today

Deepa Jewellers IPO GMP today (3 Sep 2026) stands at ₹28, indicating a premium of around 15.82% over the upper price band of ₹177 in the grey market. Based on the current GMP, the estimated listing price is around ₹205 per share. GMP figures change daily based on market sentiment and demand for the IPO.

GMP figures are for news purposes only. We neither trade nor recommend trading in the grey market.

Investors should note that the grey market premium is unofficial and not regulated by SEBI. GMP reflects only informal market trends and should not be considered a reliable indicator of listing gains.

Deepa Jewellers IPO Day 3 Subscription Status

Deepa Jewellers IPO was subscribed 0.88 times on Day 1, as of 7.00 PM

Deepa Jewellers IPO was subscribed 3.69 times on Day 2, as of 7.30 PM

Deepa Jewellers IPO was subscribed 43.40 times on Day 3, as of 7:30 PM

Date

QIB

NII

Retail

Total

1 Sep (Day 1)

0.11

0.65

1.42

0.88

2 Sep (Day 2)

0.45

5.27

4.85

3.69

3 Sep (Day 3)

36.73

109.04

19.09

43.40

Source: NSE, as of 3 Sep, 7:52 PM

About Deepa Jewellers IPO

Incorporated in 2016, Deepa Jewellers is an organised B2B designer, processor and supplier of 22-karat hallmarked gold jewellery. The company operates mainly across Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala.

Deepa Jewellers designs jewellery in-house and gets manufacturing largely done through third-party karigars. Its product portfolio includes vaddanam, CNC machine-cut bangles, gents kada, vanky, gundlamala haaram, necklaces, earrings, rings and other traditional and contemporary jewellery.

As of July 31, 2026, the company had 373 customers spread across 13 states and one Union Territory. This included 47 jewellery retail chains and 326 standalone stores. The company had 16 product categories and 110 SKUs. Its customer base includes jewellery retailers such as Joyalukkas India, Kalyan Jewellers India and Lalithaa Jewellery Mart.

Apart from its core jewellery processing business, Deepa Jewellers also undertakes job work and trades in silver ornaments, 18-karat and 20-karat gold jewellery, precious stones and gold bullion.

Deepa Jewellers IPO Reservation

For the Deepa Jewellers IPO, 35% of the issue has been reserved for retail investors, while not more than 50% is available for qualified institutional buyers and not less than 15% is reserved for non-institutional investors.

Investor Category

Shares Offered

QIB Investors

Not more than 50%

Retail Investors

Not less than 35%

NII (HNI) Investors

Not less than 15%

Deepa Jewellers IPO Lot Size

Retail investors can apply for a minimum of 1 lot, which includes 84 shares costing ₹14,868 at the upper price band of ₹177. The maximum investment allowed for retail investors is 13 lots, which totals 1,092 shares and costs ₹1,93,284.

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 IPO Financial Performance

Deepa Jewellers has reported strong growth in revenue, EBITDA and profit over the past three financial years.

Period Ended

31 Mar 2026

31 Mar 2025

31 Mar 2024

Revenue from Ops (₹ Cr)

1,926.68

1,397.10

1,024.57

Total Income (₹ Cr)

1,927.73

1,400.10

1,025.73

EBITDA (₹ Cr)

146.34

56.01

35.77

EBITDA Margin (%)

7.60

4.01

3.49

PAT (₹ Cr)

104.79

40.58

24.37

PAT Margin (%)

5.44

2.90

2.37

ROE (%)

56.45

35.95

30.30

ROCE (%)

52.08

30.60

22.76

Debt-Equity Ratio (in times)

0.47

0.61

0.84

Source: Deepa Jewellers IPO RHP

Deepa Jewellers IPO Peer Comparison from RHP

Deepa Jewellers IPO has a decent EPS among its peers. Higher EPS is always considered better. Below is a brief comparison of Deepa Jewellers IPO.

Company

EPS Diluted

P/E (X)

Khazanchi Jewellers Ltd

36.1

22.22

Rbz Jewellers Ltd

13.7

10.08

Shringar House Of Mangalsutra Ltd

13.55

17.02

Shanti Gold International Ltd

21.22

12.72

Sky Gold And Diamonds Ltd

13.96

57.56

Deepa Jewellers Ltd.

12.78

-

Source: DRHP / RHP

Conclusion

Deepa Jewellers IPO is entering the primary market with a ₹459.72 Cr issue and a price band of ₹168 to ₹177 per share. The company has reported strong revenue and profit growth in FY26, while its current grey market premium indicates positive investor interest ahead of the issue opening.

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