Deepa Jewellers IPO Details
Key information about the Deepa Jewellers Limited IPO.
IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | 01 September 2026 |
| IPO Closes | 03 September 2026 |
| Basis of Allotment | 04 September 2026 |
| Refund Initiation | 07 September 2026 |
| Shares Credit to Demat | 07 September 2026 |
| Listing Date | 08 September 2026 |
IPO Issue Structure
| Particular | Details |
|---|---|
| Fresh Issue | ₹250.00 Cr |
| Offer for Sale | ₹209.72 Cr |
| Total Issue Size | ₹459.72 Cr |
| Face Value | ₹2 per Equity Share |
| Price Band | ₹168 – ₹177 |
| Lot Size | 84 Shares |
Lot Size & Investment
| Investor Category | Lots | Shares | Investment @ ₹177 |
|---|---|---|---|
| Retail – Minimum | 1 | 84 | ₹14,868 |
| Retail – Maximum | 13 | 1,092 | ₹1,93,284 |
| S-HNI – Minimum | 14 | 1,176 | ₹2,08,152 |
| B-HNI – Minimum | 68 | 5,712 | ₹10,11,024 |
IPO Profile
Deepa Jewellers Limited is coming with a Mainboard IPO through the book-building route.
The IPO consists of a fresh issue of approximately ₹250 crore and an Offer for Sale of approximately ₹209.72 crore.
The fresh issue proceeds are primarily intended to support long-term working capital requirements, including procurement, inventory maintenance and scaling of operations.
The shares are proposed to be listed on both NSE and BSE.
Company Profile
Deepa Jewellers operates in the jewellery business with a significant focus on the Southern Indian market.
The company's business includes jewellery products across multiple designs, weights and categories, with particular specialisation in products such as vaddanam and CNC machine-cut bangles.
As disclosed in available IPO materials, the company had a customer network comprising jewellery retail chains and standalone stores. Its business model also uses outsourced manufacturing through third-party karigars.
The company follows an asset-light manufacturing approach and focuses on procurement, product development, quality control and distribution to its customer network.
Objects of the Issue
- Funding long-term working capital requirements.
- Procurement of raw materials and jewellery inventory.
- Maintaining adequate inventory levels.
- Supporting business expansion and operational requirements.
- General corporate purposes.
Deepa Jewellers Financial Performance
Key financial performance of Deepa Jewellers Limited based on restated financial information.
| Particulars (₹ Cr) | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Revenue from Operations | ₹1,024.57 Cr | ₹1,397.01 Cr | ₹1,926.68 Cr |
| Total Income | ₹1,025.73 Cr | ₹1,400.10 Cr | ₹1,927.73 Cr |
| EBITDA | ₹35.77 Cr | ₹56.01 Cr | ₹146.34 Cr |
| Profit Before Tax | ₹32.68 Cr | ₹54.47 Cr | ₹140.33 Cr |
| Profit After Tax (PAT) | ₹24.35 Cr | ₹40.58 Cr | ₹104.79 Cr |
| EPS (Diluted) | ₹2.97 | ₹4.95 | ₹12.78 |
| EBITDA Margin | 3.49% | 4.01% | 7.60% |
| PAT Margin | 2.38% | 2.90% | 5.44% |
| ROCE | 22.76% | 30.60% | 52.08% |
| ROE / RoNW | 30.30% | 35.95% | 56.45% |
| Debt / Equity | 0.84 | 0.61 | 0.47 |
Strengths & Risks
✓ Key Strengths
- Established presence across important Southern Indian jewellery markets.
- Diverse product portfolio with multiple designs, weight ranges and specialised jewellery products.
- Established relationships with jewellery retail chains and standalone stores.
- Asset-light outsourced manufacturing model can provide operational scalability.
- Experienced promoters and management with sector experience.
- Strong historical growth in revenue and profitability as disclosed in the IPO documents.
⚠ Key Risks
- A significant portion of revenue is concentrated in Southern India.
- Top customers contribute a substantial share of revenue, creating customer concentration risk.
- Dependence on third-party karigars creates supply, quality and execution risks.
- Revenue concentration in certain jewellery products may expose the company to changes in product demand.
- Jewellery businesses are exposed to fluctuations in gold prices and working-capital requirements.
- Past negative operating cash flow in certain periods should be considered while evaluating the business.
Deepa Jewellers IPO Allotment Status
Check IPO Allotment Status
Allotment is expected to be finalized on 04 September 2026. You can check your status through the official Bigshare Services IPO portal.
How to Check Allotment Status?
- Click on the Check Allotment Status button.
- Select Deepa Jewellers IPO, when available.
- Select PAN / Application Number / DP Client ID.
- Enter the required details.
- Submit the form to view your allotment status.
