About Grover Jewells Ltd IPO

Incorporated in 2021, Grover Jewells Limited is engaged in the manufacturing and designing of a wide range of wholesale gold jewellery.

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.

For operational clarity, Grover Jewells Limited categorizes its sales into three divisions: wholesale sales, retail sales, and consumer sales. Headquartered in Delhi, the company has established a strong B2B network across approximately 20 states in India and has expanded its footprint internationally with exports to Australia and the U.A.E.

As of August 31, 2025, the company employed 68 individuals.

Grover Jewells Ltd IPO Subscription Breakdown

Investory CategorySubscription PercentageAmount Raised (₹ Crores)
Qualified Institutional Buyers (QIBs)50%1376000 crores
Non-Institutional Investors (NIIs15%412800 crores
Retail Individual Investors (RIIs)35%963200 crores

Grover Jewells Ltd IPO Strengths & Weaknesses

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Grover Jewells Ltd IPO Important Dates & Issue Details

Allotment DateListing Date
09 Feb '2611 Feb '26

Grover Jewells Ltd IPO Lot Size and Investment Details

Minimum Lot Size1600 shares
Maximum Lot Size (Retail)4800 shares

The lot size of Grover Jewells Ltd ipo has been designed to ensure broad participation while maintaining optimal price discovery.

How to Apply for Grover Jewells Ltd IPO

  1. Log in to your Choice account
  2. Select IPO
  3. Enter the number of lots and your price
  4. Verify UPI ID
  5. Complete the transaction on your UPI app

Grover Jewells Ltd IPO FAQs

The minimum lot size is 1600 shares with a price band of ₹83 to ₹88 per share, requiring a minimum investment of ₹2,81,600.

Check allotment status on the registrar's website using PAN number or application number after the Grover Jewells Ltd ipo allotment date.

The listing date of Grover Jewells Ltd ipo is scheduled for 11 Feb '26 on NSE/BSE .

Investment decisions should be based on your risk appetite, financial goals, and a thorough analysis of the company's fundamentals and growth prospects.

Consider factors like company fundamentals, valuation, market conditions, and your investment portfolio before making any investment decision.