Deepa Jewellers Ltd. has announced public offering of 25972634 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 175.00 per share. The gross proceeds of the issue are expected to be Rs 45,971.56 lakhs.
The company's initial public offer (IPO) will open on 01 September 2026 and is expected to close on 03 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 168.00-177.00 per share.
The IPO includes a fresh Issue of 25972634 Equity Shares of the Company at an price of Rs 177.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 84 shares with bids in multiples of 84.
Deepa Jewellers Ltd. anticipates using the proceeds of the issue for .
Emkay Global Financial Services Ltd.,Valmiki Leela Capital Pvt. Ltd. as lead manager(s) & Bigshare Services Pvt. Ltd. is the registrar, to the issue.