IPO Listed — 08 Sep 2026

Listing Price: ₹221 (+24.86% vs ₹177)

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Deepa Jewellers IPO Review

Q: What was the actual listing price of Deepa Jewellers IPO?

Deepa Jewellers IPO listed on September 8, 2026 at ₹221, against the issue price of ₹177 — a gain of +24.86% (₹44 per share).

Q: What is the price band and lot size of Deepa Jewellers IPO?

Deepa Jewellers IPO is priced at ₹168-177 per share. The minimum lot size is 84 shares, making the minimum investment approximately ₹14,868 at the upper end of the price band. Subscription ran from 01 Sep 2026 to 03 Sep 2026.

Deepa Jewellers IPO has been reviewed by 11 analysts, and the overall consensus is Strong Apply — carrying a score of 90. Out of the 11 analysts who have covered this IPO, 8 recommend subscribing while 3 advise caution or avoidance — reflecting a mixed view from the analyst community.

The issue is priced in the band of ₹168-177 per share , with a minimum application size of 84 shares (minimum investment of approximately ₹14,868 at the upper band) . Subscription ran from 01 Sep 2026 to 03 Sep 2026. As of now, the grey market premium (GMP) for Deepa Jewellers IPO is quoting at ₹25 (14.12%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

General Review

Deepa Jewellers is a B2B designer and supplier of traditional gold ornaments to national retail chains including Joyalukkas, Kalyan Jewellers and TBZ. FY26 income was ₹1,927.73 crore, up from ₹1,400.10 crore, with profit of about ₹105 crore. Two of the three analysts covering it said subscribe and one advised caution.

Listing Gains

The notes value the issue between about 13.9 and 16 times FY26 earnings, on a market cap near ₹1,701 crore, against a peer average of 24 times. Analysts point to that discount as leaving room for a valuation re-rating, which supported a positive listing view.

Short Term Strategy

The working capital cycle of just 53 days is the standout number in the notes, better than listed peers, which matters in a business that ties up gold inventory. Fresh money funds long-term working capital for procurement and scaling. Revenue grew about 38 percent in FY26.

Long Term Strategy

The long-term case rests on entrenched relationships with large retail chains that buy repeatedly. The offsetting risks the notes flag are concentration on both sides: the top ten customers give 65 percent of FY26 revenue with no long-term contracts, and two product lines give 73 percent.

Disclaimer: This review is an AI summary derived from the reviews of all analysts.

Analyst Verdict & Score
Detailed Review
Analyst Reviews
Frequently Asked Questions

Analyst Sentiment

Analytical Score

How it's calculated?

Strong Apply

90 / 100

Recommend Subscribe

Based on 11 analyst reviews

8 / 11

Higher consensus indicates broader analyst agreement.

Analyst Review

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Anand Rathi	Apply
BP Equities	Apply
GEPL Capital	Apply
SBI Securities	Apply
SMIFS Limited	Apply
Marwadi Shares & Finance	May Apply
Ventura Securities	Apply
Capital Market	Neutral
Swastika Investmart	Neutral
Bajaj finance pvt ltd	Not Rated

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Frequently Asked Questions

Should I apply for Deepa Jewellers IPO?

Based on analyst coverage tracked on this page, the overall verdict for Deepa Jewellers IPO is Strong Apply. Out of 11 analysts who have reviewed this IPO, 8 recommend subscribing. Always cross-check with the full analyst reviews below and consult a SEBI-registered advisor before making any investment decision.

What does the score of 90 mean for Deepa Jewellers IPO?

The score of 90 is an aggregate of all analyst ratings tracked for Deepa Jewellers IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Scroll down to read individual analyst verdicts for more context.

What was the actual listing price of Deepa Jewellers IPO?

Deepa Jewellers IPO listed on September 8, 2026 at ₹221 , against the issue price of ₹177 — a gain of +24.86% (₹44 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Deepa Jewellers IPO?

Deepa Jewellers IPO was priced at ₹168-177 per share. The minimum lot size is 84 shares, making the minimum investment approximately ₹14,868 at the upper end of the price band. Subscription ran from 01 Sep 2026 to 03 Sep 2026.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.