Deepa Jewellers Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Deepa Jewellers Ltd IPO

As per the CRISIL Report, we are an organized B2B designer, processor and supplier of hallmarked gold jewellery, primarily having operations in Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala. According to CRISIL Report, we are one of the key processors and suppliers of vaddanam and CNC machine cut bangles, distributing to jewellery retail chains and standalone stores.

Deepa Jewellers Ltd IPO Details

Total Shares Offered

₹ 2,59,72,633

Offer to Public

1,18,48,340

Retail Max (Shares)

₹ 90,90,422

Pre Issue Promoters Holding

₹ 8,19,99,800

Exchange

BSE

Issue size

₹ 459.72 Cr

IPO Open Date

Sep 1, 2026

Close Date

Sep 3, 2026

Lot Size

Min Investment

₹ 14,112

Issue Type

Book Building

Listing Date

Sep 8, 2026

Deepa Jewellers Ltd IPO Dates

Sep 1, 2026

Opening date

Sep 3, 2026

Closing date

Sep 4, 2026

Basis of Allotment

Sep 7, 2026

Initiation of Refunds

Sep 7, 2026

Credit of Shares

Sep 8, 2026

Listing date

Details

Sector	Type
Sector	Diamond Cutting
Sub Sector	Jewellery
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	12986316
NII	0x	3895895
Retail	0x	9090422
Employee	0x	0
Total	0x	25972633

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

12986316

3895895

9090422

25972633

Deepa Jewellers Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	54.73	32.97	29.88
EBITDA	54.99	33.26	30.19
PAT	40.58	24.35	22.02
Total Assets	217.04	173.84	152.00
Share Capital	4.10	4.10	4.10
Total Borrowings	45.00	38.55	42.03
Operating Activities (Net Cash)	40.84	24.64	22.33
Investing Activities (Net Cash)	0.00	0.00	0.00
Financing Activities (Net Cash)	45.00	38.55	42.03
Net Cashflow	0.10	11.42	15.25

About Deepa Jewellers Ltd

Our Company was originally incorporated as `Deepa Jewellers Private Limited' a private limited company under the Companies Act, 2013 pursuant to a certificate of incorporation dated May 5, 2016, issued by the Registrar of Companies, Central Registration Centre. Our Company was subsequently converted from a private limited company to a public limited company pursuant to a special resolution passed by our Shareholders on September 1, 2025, and the name of our Company was changed to Deepa Jewellers Limited. A fresh certificate of incorporation dated September 15, 2025, was issued by the Registrar of Companies, Central Processing Centre, pursuant to the change of name of our Company on conversion to a public limited company.

According to the CRISIL Report, the B2B gems and jewellery industry in India comprising the manufacturers and wholesalers has exhibited a remarkable growth trajectory, expanding from Rs.2,144 billion in FY19 to Rs.4,769 billion in FY25, registering a CAGR of 14.2%. Within the South Indian gems and jewellery market, the B2B gems and jewellery industry is a significant contributor to the country's overall market, with a value of Rs. 1,897 billion in FY25. Looking ahead, the South Indian B2B gems and jewellery market is poised for substantial expansion, with projected growth to Rs. 3,150-3,450 billion by FY30.

Peer Comparison:

Sky Gold and Diamonds Limited
Shanti Gold International Limited
Shringar House of Mangalsutra Limited
RBZ Jewellers Ltd
Khazanchi Jewellers Limited

Deepa Jewellers Ltd Key Points

Strengths

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.

Risk

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.

Strategy

Setting up in-house manufacturing facility (Proposed Facility).

Further strengthening our presence in Southern India through new sales offices.

Expanding our product portfolio by adding new product categories, designs and SKUs.

Invest in brand building and marketing initiatives by participating in various trade exhibitions and trade shows.

Leveraging Technology for operational efficiency

How To Apply for Deepa Jewellers Ltd IPO Online?

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From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Deepa Jewellers Ltd IPO?

Deepa Jewellers Ltd's IPO offers shares for up to 250 It begins on Sep 1, 2026 and ends on Sep 3, 2026.

What is the price of the Deepa Jewellers Ltd IPO?

The price of Deepa Jewellers Ltd IPO ranges between ₹168 to ₹177 per share.

What are the open and close dates for the Deepa Jewellers Ltd IPO?

The Deepa Jewellers Ltd IPO opens on Sep 1, 2026 and closes on Sep 3, 2026.

When will the Deepa Jewellers Ltd IPO be allotted?

The allotment for the Deepa Jewellers Ltd IPO will be finalised on Sep 4, 2026. The shares will be listed on BSE and NSE on Sep 8, 2026.

What is the minimum lot size required for Deepa Jewellers Ltd IPO?

The minimum lot size for Deepa Jewellers Ltd IPO is 84 shares, priced between ₹168 to ₹177 per share.

What is the GMP of Deepa Jewellers Ltd IPO?

The GMP (Grey Market Premium) of Deepa Jewellers Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Deepa Jewellers Ltd IPO?

To check the allotment status of Deepa Jewellers Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Deepa Jewellers Ltd IPO getting listed?

The Deepa Jewellers Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 1, 2026, and closes on Sep 3, 2026. The allotment is finalised on Sep 4, 2026.

How do you apply for the Deepa Jewellers Ltd IPO?

To apply for the Deepa Jewellers Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.