Deepa Jewellers Share Price: Stock Lists at 25% Premium on NSE

On September 8, 2026, Deepa Jewellers Ltd. shares made their market debut on the stock exchanges. The stock listed at ₹221.00 on the National Stock Exchange (NSE), reflecting a 24.86% premium over its IPO issue price of ₹177.00 per share.  

While on BSE it listed at ₹221.05 at a premium of 24.89% from the IPO issue price of ₹177.00 per share.  

Deepa Jewellers Ltd. IPO Overview 

Deepa Jewellers Ltd. launched its book built IPO with a total issue size of ₹459.72 crore. The issue is a combination of a fresh issue of 1.41 crore shares aggregating to ₹250.00 crore and an offer for sale of 1.18 crore shares aggregating to ₹209.72 crore. Bidding opened on September 1, 2026, and closed on September 3, 2026.  

The issue price was fixed at ₹177 per share, within a price band of ₹168 to ₹177 per share. The market lot size for an application is 84 shares, requiring a minimum retail investment of ₹14,868. Emkay Global Financial Services Ltd. acted as the lead manager, and Bigshare Services Pvt. Ltd. was the registrar. 

The shares got listed on NSE and BSE on September 8, 2026. 

Deepa Jewellers IPO subscribed 43.40 times. The public issue subscribed 19.09 times in the retail category, 36.73 times in QIB (Ex Anchor), and 109.04 times in the NII category by September 3, 2026 6:54:14 PM (Day 3). 

Business Overview of Deepa Jewellers Ltd. 

Incorporated in 2016, Deepa Jewellers Ltd. engages in the retail and wholesale trading of gold and diamond jewellery, offering a wide range of traditional and contemporary designs.  

As of July 31, 2026, the company's network spans 13 states and 1 union territory in India with a customer base of 373 customers, consisting of 47 jewellery retail chains and 326 standalone stores.  

Their product portfolio features 16 products and 110 SKUs, including specialized items like Vaddanam and CNC machine cut bangles. The company operates through physical distribution channels alongside a third-party mobile application launched in June 2021 to enhance brand visibility. 

Financial Overview of Deepa Jewellers Ltd. 

The company demonstrated consistent upward trajectory in its financial metrics. For the financial year ended March 31, 2026, total income climbed to ₹1,927.73 crore, rising from ₹1,400.10 crore on March 31, 2025, and ₹1,025.73 crore on March 31, 2024.  

Profit after tax rose significantly to ₹104.79 crore in fiscal 2026, up from ₹40.58 crore in fiscal 2025 and ₹24.35 crore in fiscal 2024. Net worth correspondingly grew to ₹238.07 crore by March 31, 2026, while total borrowing recorded for the same period stood at ₹111.11 crore compared to ₹80.79 crore in the previous fiscal year. 

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Deepa Jewellers Share Price Performance 

As of September 08, 2026, at 10:10 AM, Deepa Jewellers share price on NSE was trading at ₹198.47, up by 12.13% from its IPO issue price of ₹177.00.  

Conclusion 

Deepa Jewellers equity shares opened at a premium of 24.86% at ₹221.00 on the NSE, while on BSE it opened at a premium of 24.89% from the IPO issue price of ₹177.00 per share. 

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