Deepa Jewellers IPO Subscription Update: Issue Subscribed 362% on Day 2
Deepa Jewellers Subscription Information
On the second day, Deepa Jewellers received bids for 6,69,03,648 shares against 1,85,20,085 shares available for subscription, according to NSE data. The Retail Individual Investor (RII) category received bids for 4.71x times the shares offered, while the Non-Institutional Investor (NII) category and Qualified Institutional Buyer (QIB) category received bids of 5.11x and 0.46x, respectively, at the time of the update.
Investors can also visit our IPO page to track subscription updates and other upcoming public issues.
| Sr. No. | Category | No. of Times Subscribed |
|---|---|---|
| 1 | Qualified Institutional Buyers (QIBs) | 0.46x |
| 2 | Non-Institutional Investors (NIIs) | 5.11x |
| 3 | Retail Individual Investors (RIIs) | 4.71x |
| - | Total | 3.62x |
Quick Snapshot
| Particulars | Details |
|---|---|
| Price Band | Rs.168 – Rs.177 |
| Lot Size | 84 shares |
| Issue Size | Rs.459.72 crore |
| Overall Subscription | 3.62x |
| IPO Open Date | September 1, 2026 |
| IPO Close Date | September 3, 2026 |
| Tentative Listing Date | September 8, 2026 |
Deepa Jewellers IPO Overview & Purpose
Deepa Jewellers IPO is a Rs.459.72 crore book-built issue, comprising a fresh issue of Rs.250 crore and an Offer for Sale (OFS) of 1.18 crore shares worth Rs.209.72 crore.
The company intends to use the proceeds from the fresh issue primarily for meeting its working capital requirements, with the remaining amount allocated towards general corporate purposes and issue-related expenses.
Cut-off Data for Deepa Jewellers IPO
| Price | Cumulative Quantity |
|---|---|
| Cut-off | 3,68,02,584 |
| 177 | 6,68,45,436 |
| 176 | 6,68,56,692 |
| 175 | 6,68,67,276 |
| 174 | 6,68,69,124 |
| 173 | 6,68,74,500 |
| 172 | 6,68,79,288 |
| 171 | 6,68,82,984 |
| 170 | 6,69,00,624 |
| 169 | 6,69,05,412 |
| 168 | 6,69,55,476 |
Source: NSE
Disclaimer: This content is for informational purposes only and should not be considered investment advice. Please consult a financial advisor before making any investment decisions.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)