Grover Jewells SME IPO Details
Grover Jewells’ IPO was a small‑cap public share sale by the Delhi‑based gold jewellery maker that ran from 4 to 6 February 2026 with a price band of ₹83–₹88 per share on the NSE SME platform. The company offered about 38.44 lakh equity shares to raise around ₹33.8 crore, mainly to boost working capital and support growth. Grover Jewells designs and manufactures plain, studded and semi‑finished gold jewellery and serves wholesale and retail customers across India.
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Stock Price
As the IPO is listed, here is the Live Share Price for Grover Jewells
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 Wed | Wednesday |
| IPO Close Date | 06 Feb, 2026 Fri | Friday |
| Basis of Allotment | 09 Feb, 2026 Mon | Monday |
| Refunds Initiated | 10 Feb, 2026 Tue | Tuesday |
| Credit to Demat | 10 Feb, 2026 Tue | Tuesday |
| Listing Date | 11 Feb, 2026 Wed | Wednesday |
What is the Grover Jewells IPO Lot Size?
Bidding in multiples of 1600 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,81,600 |
| Retail (Max) | 2 | 3200 | ₹2,81,600 |
| HNI (Min) | 3 | 4800 | ₹4,22,400 |
About Grover Jewells
The company is primarily engaged in the design, manufacturing, and retailing of gold, diamond, and other studded jewellery. Its business model focuses on offering a wide range of products through a mix of wholesale and retail channels, ensuring consistent demand and scalability. Grover Jewells maintains a strong presence in key regional markets while also exploring expansion opportunities through partnerships and wider distribution networks.
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Working Capital Requirements | ₹21.35 Cr. |
| General corporate purposes | NA |
Company Financials
Summary of financial performance including revenue, profit, and debt levels will be populated here.
Promoters and Shareholding Details
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.).
Registrar
Maashitla Securities Pvt.Ltd.
Book Running Lead Manager
Finshore Management Services Ltd.
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