Deepa Jewellers Limited has fixed the price band for its maiden Initial Public Offering (IPO) at Rs 168 to Rs 177 per Equity Share, with each Equity Share having a face value of Rs 2. The IPO will open for subscription on Tuesday, September 01, 2026, and close on Thursday, September 03, 2026.
Check out the latest Gold, Silver prices in MCX, International Market, Sarafa and your city on our new website– https://goldpricetodaynews.com/
Investors can place bids for a minimum of 84 Equity Shares and in multiples of 84 Equity Shares thereafter. As of the date of the announcement, the company has 82,000,000 outstanding Equity Shares.
Deepa Jewellers IPO Issue Size and Offer Structure
The Deepa Jewellers IPO comprises a fresh issue of up to Rs 2,500.00 million and an offer-for-sale of up to 11,848,340 Equity Shares by the Promoter Selling Shareholders.
The Offer for Sale includes:
- 5,924,170 Equity Shares by Ashish Agarwal
- 5,924,170 Equity Shares by Seema Agarwal
The company plans to use the proceeds of the fresh issue worth Rs 2,500.00 million to fund its long-term working capital requirements, including the procurement, maintenance and scaling up of inventory. The proceeds will also be used for general corporate purposes and Offer Expenses.
The IPO is being made through the book-building process in compliance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, or SEBI ICDR Regulations.
Under the issue allocation structure, not more than 50% of the Offer will be available for allocation to qualified institutional buyers (QIBs), while not less than 15% will be available for non-institutional bidders (NIIs). Not less than 35% of the Offer will be available for allocation to retail individual bidders (RIIs).
Deepa Jewellers Business Profile
Incorporated in 2016, Deepa Jewellers Limited is an organized B2B designer, processor and supplier of hallmarked gold jewellery, with its primary operations across Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala.
According to a CRISIL Report, the company is one of the key processors and suppliers of vaddanam and CNC machine cut bangles, distributing its products to jewellery retail chains and standalone stores.
The company is an organized business-to-business (B2B) company engaged in designing, getting its jewellery manufactured and supplying gold jewellery to other businesses, including retail chains and standalone stores, rather than selling directly to end customers.
Deepa Jewellers is engaged in the processing and supply of 22 karat gold jewellery, job-work services and trading of jewellery and related products. The company designs, processes and sells a wide range of hallmarked plain gold and precious stone studded jewellery.
Deepa Jewellers Product Portfolio
The company’s product portfolio includes a wide range of traditional and contemporary jewellery products, primarily comprising:
- Vaddanam or waist belt
- CNC machine cut bangles
- Gents kada
- Vanky or armlet
- Dandpatti or bajuband
- Gundlamala haaram or traditional neck piece
- Gundlamala necklace
- Kangan
- Earrings
- Mangtika or forehead pendant
- Maatil or ear chain
- Champasaralu or ear-to-hair chain
- Jada or braid ornament
- Rings
- Bracelets
- Precious rings
In addition to its core jewellery processing activities, the company undertakes job-work assignments, under which it receives raw material from customers, processes the material and delivers the finished ornaments to them.
The company is also involved in the trading of silver ornaments, 18 and 20-karat gold ornaments, precious stones and gold bullion.
As of July 31, 2026, Deepa Jewellers had a product portfolio comprising 16 products and 110 SKUs across its product categories.
Deepa Jewellers Customer Network
As of July 31, 2026, the company’s customer network covered 13 states and 1 union territory in India.
Its total customer base stood at 373 customers, consisting of:
- 47 jewellery retail chains
- 326 standalone stores
The company has a team of creative designers that enables it to manage a large and diverse portfolio of jewellery designs. Through its product range and design capabilities, Deepa Jewellers has established long-standing relationships with jewellery retail chains and standalone stores, including Joyalukkas India Limited, Kalyan Jewellers India Limited and Lalithaa Jewellery Mart Limited, among others.
The company has also implemented a quality control and assurance framework aimed at maintaining consistent standards of craftsmanship and product integrity.
Deepa Jewellers Marketing Initiatives
As part of its marketing initiatives, Deepa Jewellers regularly participates in B2B exhibitions to expand brand exposure, visibility and awareness, while also promoting its brand and specific product collections.
The company also uses a third-party mobile application, “Deepa Jewellers Limited”, to enhance its brand visibility, disseminate information and display product collections. The application was commissioned by the company on June 25, 2021.
Deepa Jewellers Financial Performance
Deepa Jewellers Limited reported revenue from operations of Rs 19,266.76 million during FY26, compared with Rs 10,245.68 million during FY24.
Its profit after tax (PAT) stood at Rs 1,047.88 million in FY26, compared with Rs 243.47 million in FY24.
Deepa Jewellers IPO Lead Managers and Registrar
Emkay Global Financial Services Limited and Valmiki Leela Capital Private Limited are the book running lead managers (BRLMs) to the Offer.
Bigshare Services Private Limited is the registrar to the Offer (RTA).
The Equity Shares are proposed to be listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE), together referred to as the Stock Exchanges.
Deepa Jewellers IPO Key Dates and Details
- IPO opening date: Tuesday, September 01, 2026
- IPO closing date: Thursday, September 03, 2026
- Price band: Rs 168–177 per Equity Share
- Face value: Rs 2 per Equity Share
- Minimum bid lot: 84 Equity Shares
- Fresh issue: Up to Rs 2,500.00 million
- Offer for Sale: Up to 11,848,340 Equity Shares
- Outstanding Equity Shares: 82,000,000
- QIB allocation: Not more than 50% of the Offer
- NII allocation: Not less than 15% of the Offer
- Retail allocation: Not less than 35% of the Offer
- Book running lead managers: Emkay Global Financial Services Limited and Valmiki Leela Capital Private Limited
- Registrar: Bigshare Services Private Limited
- Proposed listing: BSE Limited and National Stock Exchange of India Limited
FAQ’s
1. When will the Deepa Jewellers IPO open and close for subscription?
The maiden Initial Public Offering of Deepa Jewellers Limited will open for subscription on Tuesday, September 1, 2026, and will remain open until Thursday, September 3, 2026. Investors interested in participating in the issue can submit their bids during this three-day subscription period, subject to the applicable IPO rules and requirements.
2. What is the price band and minimum lot size of the Deepa Jewellers IPO?
Deepa Jewellers Limited has fixed the IPO price band at Rs 168 to Rs 177 per Equity Share, with each share carrying a face value of Rs 2. The minimum bid size has been set at 84 Equity Shares, and investors can place bids in multiples of 84 shares thereafter.
3. What is included in the Deepa Jewellers IPO and how will the fresh issue proceeds be used?
The Deepa Jewellers IPO comprises a fresh issue of up to Rs 2,500.00 million along with an offer for sale of up to 11,848,340 Equity Shares by promoter selling shareholders Ashish Agarwal and Seema Agarwal. The proceeds from the fresh issue will primarily be used to meet long-term working capital requirements, including procurement, maintenance and scaling up of inventory. The company will also use the funds for general corporate purposes and Offer Expenses.
4. What does Deepa Jewellers Limited do and who are its customers?
Deepa Jewellers Limited, incorporated in 2016, operates as an organized business-to-business designer, processor and supplier of hallmarked gold jewellery. The company primarily supplies jewellery to jewellery retail chains and standalone stores rather than directly selling to end consumers. As of July 31, 2026, its customer network covered 13 states and one union territory, comprising 373 customers, including 47 jewellery retail chains and 326 standalone stores.
5. On which stock exchanges are Deepa Jewellers shares proposed to be listed?
Following the IPO, the Equity Shares of Deepa Jewellers Limited are proposed to be listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE). Emkay Global Financial Services Limited and Valmiki Leela Capital Private Limited are acting as the book running lead managers to the Offer, while Bigshare Services Private Limited has been appointed as the registrar to the Offer.
Gold Price Today Digital Media Network
Facebook Page (129K Followers)- https://www.facebook.com/Goldsilverpricetoday
Facebook group of (80K Jewellers Member – Sunar Jewellers Ekta – https://www.facebook.com/groups/goldsilverpricenews
Website (100000 Users)- https://ohq.plp.mybluehostin.me/
Instagram (51K Followers)- https://www.instagram.com/goldpricetodaynews/
X- https://twitter.com/today_gold
Telegram Group (2000 Members)- https://telegram.me/goldsilverprice
Magazine (20000 Digital Subscribers): Gold Silver News For Magazine Subscription Contact +919111435279
Whatsapp News(25000 Members): +918448469588
