The Deepa Jewellers IPO is set to open for public subscription on September 1, 2026, giving investors three days to place their bids. The book-built issue will close on September 3, while the basis of allotment is expected to be finalised on September 4. The jewellery company plans to raise approximately Rs 459.72 crore through a combination of a fresh issue worth around Rs 250 crore and an offer for sale of up to 1,18,48,340 equity shares.
What Is The Deepa Jewellers IPO Price Band?
The company has fixed the Deepa Jewellers IPO price band at Rs 168 to Rs 177 per share. The equity shares will have a face value of Rs 2 each.
The issue is proposed to be listed on both the BSE and NSE.
| IPO Detail | Information |
|---|---|
| IPO Open Date | September 1, 2026 |
| IPO Close Date | September 3, 2026 |
| Price Band | Rs 168-177 per share |
| Face Value | Rs 2 per share |
| Issue Size | Approx. Rs 459.72 crore |
| Fresh Issue | Approx. Rs 250 crore |
| Offer for Sale | Up to 1,18,48,340 shares |
| Issue Type | Book-build issue |
| Listing | BSE, NSE |
Deepa Jewellers IPO: How Much Should Retail Investors Invest?
The minimum Deepa Jewellers IPO lot size is 84 shares. At the upper price band of Rs 177, one lot requires an investment of Rs 14,868. Retail investors can bid for up to 13 lots, or 1,092 shares, involving Rs 1,93,284 at the upper price.
| Investor Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 84 | Rs 14,868 |
| Retail Maximum | 13 | 1,092 | Rs 1,93,284 |
| S-HNI Minimum | 14 | 1,176 | Rs 2,08,152 |
| S-HNI Maximum | 67 | 5,628 | Rs 9,96,156 |
| B-HNI Minimum | 68 | 5,712 | Rs 10,11,024 |
Deepa Jewellers IPO: What Is The Reservation?
The issue has been divided among different investor categories. Retail investors have been allocated 35%, while qualified institutional buyers (QIBs) have a 50% quota, including the anchor portion.
| Investor Category | Shares Offered | Reservation |
|---|---|---|
| Anchor Investors | 77,91,789 | 30% |
| QIB (Ex. Anchor) | 51,94,528 | 20% |
| NII | 38,95,895 | 15% |
| Retail | 90,90,422 | 35% |
Deepa Jewellers IPO: Important Dates
The IPO will remain open from September 1 to September 3. Investors can expect allotment on September 4, followed by refunds and demat credit on September 7.
• IPO Opens: September 1, 2026
• IPO Closes: September 3, 2026
• Basis of Allotment: September 4, 2026
• Refunds: September 7, 2026
• Demat Credit: September 7, 2026
• Listing Date: September 8, 2026
Deepa Jewellers IPO: What Does The Company Do?
Founded in 2016, Deepa Jewellers operates in the wholesale and trading of gold and diamond jewellery. Its portfolio includes traditional and contemporary ornaments such as rings, necklaces, earrings, bangles and customised jewellery. The company also deals in specialised traditional designs, including vaddanam, gents kada, vanky, bajuband, kangan, mangtika, maatil, jada and other jewellery products.
Deepa Jewellers Financial Performance
Deepa Jewellers reported revenue of Rs 1,927.73 crore in 2026, compared with ₹1,400.10 crore in 2025. Its profit also increased to Rs 104.79 crore, from Rs 40.58 crore in the previous year. The company has received a ‘May Apply’ IPO review based on the financial information provided.