Grover Jewells IPO
Grover Jewells IPO is a book build issue of ₹33.83 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹33.83 crore. Grover Jewells IPO opens for subscription on Feb 4, 2026 and closes on Feb 6, 2026. The allotment for the Grover Jewells IPO is expected to be finalized on Feb 9, 2026. Grover Jewells IPO will list on NSE SME with a tentative listing date fixed as Feb 11, 2026.
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IPO Summary
What is the Grover Jewells IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 04 Feb, 2026 | Wednesday |
| IPO Close Date | 06 Feb, 2026 | Friday |
| Basis of Allotment | 09 Feb, 2026 | Monday |
| Refunds Initiated | 10 Feb, 2026 | Tuesday |
| Credit to Demat | 10 Feb, 2026 | Tuesday |
| Listing Date | 11 Feb, 2026 | Wednesday |
What is the Grover Jewells IPO Lot Size?
Bidding in multiples of 1600 shares.
| Application | Lots | Amount |
|---|---|---|
| Retail (Min) | 1 | ₹140,800 |
| Retail (Max) | 1 | ₹140,800 |
| S-HNI (Min) | 2 | ₹281,600 |
| S-HNI (Max) | 7 | ₹985,600 |
| B-HNI (Min) | 8 | ₹1,126,400 |
About Grover Jewells
The company’s product portfolio includes plain gold, studded, and semi-finished jewellery, primarily available in 22 Karat, 20 Karat, and 18 Karat. It also offers hallmarked and non-hallmarked jewellery through its two showrooms located at Karol Bagh, New Delhi, and Chandni Chowk, Delhi.
The company operates across two key segments — machine-made chain manufacturing and casting jewellery production — enabling it to cater to both high-volume demand and contemporary fashion-oriented designs with consistent quality and timely delivery.
Objects of the Issue
| No. | Issue Object | Est Amount (₹Cr) |
|---|---|---|
| 1. | Working Capital Requirements | 21.35 |
| 2. | General corporate purposes |
What are the Grover Jewells Financials?
Summary of financial performance including revenue, profit, and debt levels will be populated here.
Who are the Promoters of Grover Jewells?
Promoter holding details will be updated as soon as they are officially announced.
Frequently Asked Questions
What is the GMP of Grover Jewells?
The current Grey Market Premium (GMP) of Grover Jewells is ₹ 0.
What is the Grover Jewells IPO Price Band?
The price band for Grover Jewells IPO is 88.
When is the Grover Jewells IPO Allotment?
The allotment date for Grover Jewells IPO is February 9, 2026.
How to check Grover Jewells IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Maashitla Securities Pvt.Ltd.).
What is the Grover Jewells IPO Reservation?
Typical reservation for investors.
| Category | Reservation |
|---|---|
| QIB | 18,24,000 (47.44%) |
| Retail | 12,78,400 (33.25%) |
| NII (HNI) | 5,48,800 (14.27%) |
Registrar
Maashitla Securities Pvt.Ltd.
Book Running Lead Manager
Finshore Management Services Ltd.
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