GROVER JEWELLS LTD● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO GROVER JEWELLS LTD● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Grover Jewells Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹88
₹88
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹88
Based on GMP
Min. Investment
₹140,800
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
04 Feb 2026
Close Date
06 Feb 2026
Allotment
09 Feb 2026
Listing Date
11 Feb 2026
Exchange
BSE SME
Price Band
₹88
Listing Price
See chart
Allotment Status
Price Band
₹88
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
38,44,800 shares (agg. up to ₹34 Cr)
Total offering
Issue Type
Book Built Issue
 
Min Investment
₹140,800
1 lot
Pre-IPO Holding
1,06,62,400 shares
Promoters
Post-IPO Holding
1,45,07,200 shares
Promoters
P/E (Pre)
12.31x
 
P/E (Post)
7.12x
 
EPS (Pre)
₹7.15
 
EPS (Post)
₹12.35
 
UPI Deadline
5:00 PM on 06 Feb 2026
Mandate
Anchor AllotmentTue, 03 Feb 2026
Basis of AllotmentMon, 09 Feb 2026
Refund InitiationTue, 10 Feb 2026
Demat CreditTue, 10 Feb 2026
Listing DayWed, 11 Feb 2026
UPI Mandate Deadline5:00 PM on 06 Feb 2026
Sale TypeFresh Capital
Net Offer to Public36,51,200 shares (agg. up to ₹32 Cr)
Market Maker Quota1,93,600 shares (agg. up to ₹2 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Grover Jewells Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Feb 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
193,600
₹1.70
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,844,800
100% ₹33.83
IPO Shares Offered
Grover Jewells Ltd IPO total issue size: ₹33.83 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 193,600 ₹1.70
5.04%
Total 3,844,800 ₹33.83
100.00%
* Based on upper price band ₹88 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹88.00
Upper Band
Min Investment
₹140,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹281,600
Retail (Max — 13 Lots)1320,800₹1,830,400
S-HNI (Min — 14 Lots)1422,400₹1,971,200
B-HNI (Min — 68 Lots)68108,800₹9,574,400
* Issue Price ₹88 × Lot Size 1,600 shares
IPO Schedule
Anchor
03 Feb 2026
✓ Done
IPO Open
04 Feb 2026
✓ Done
IPO Close
06 Feb 2026
✓ Done
Allotment
09 Feb 2026
✓ Done
Refunds
10 Feb 2026
✓ Done
Demat Credit
10 Feb 2026
✓ Done
Listing Day
11 Feb 2026
✓ Done
Grover Jewells Ltd — Live Price LIVE
₹88.00
INR · BSE
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Issue ₹88.00 Live Price
About Grover Jewells Ltd
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.
Objects of the Issue
1
Working Capital Requirements
2
General corporate purposes
Grover Jewells Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹258.0
31 Mar 2024
₹461.0
31 Mar 2025
₹473.2
31 Oct 2025
Profit After Tax (PAT)
₹2.8
31 Mar 2024
₹7.6
31 Mar 2025
₹10.5
31 Oct 2025
Particulars31 Oct 202531 Mar 202531 Mar 2024
Revenue from Operations 473.22 460.95 258.00
EBITDA 14.62 11.26 4.71
Profit After Tax (PAT) 10.45 7.62 2.78
Net Worth 27.14 16.69 9.07
Total Assets 67.51 29.85 13.91
Reserves & Surplus 16.48 14.03 6.41
Borrowings 28.30 9.34 4.17
EBITDA Margin (%) 3.09
PAT Margin (%) 2.21
P/BV Ratio
3.46
RoE
30.62
RoNW
38.52
PAT Margin
2.21
EBITDA Margin
3.09
Debt/Equity
1.04
Issue Structure & Shareholding
Total Shares Offered38,44,800 (100.00%)
Net Offer to Public36,51,200 shares (agg. up to ₹32 Cr)
Reserved for Market Maker1,93,600 shares (agg. up to ₹2 Cr)
Pre-Issue Promoter Holding1,06,62,400 shares
Post-Issue Promoter Holding1,45,07,200 shares
P/BV Ratio3.46
RoE30.62
RoCEN/A
Debt / Equity1.04
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Finshore Management Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Grover Jewells Ltd IPO subscribed?

Grover Jewells Ltd IPO is subscribed 1.00 times by Feb 06, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Grover Jewells Ltd IPO retail subscription status?

The Grover Jewells Ltd IPO retail category is subscribed 1.00 times as of 06 Feb 2026. The retail portion is oversubscribed.

How to subscribe Grover Jewells Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 04 Feb 2026 and closes 06 Feb 2026. Min investment: ₹140,800 (1 lot = 1,600 shares). UPI mandate: 5:00 PM on 06 Feb 2026.

How many times Grover Jewells Ltd IPO subscribed?

The Grover Jewells Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Grover Jewells Ltd IPO allotment?

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Feb 2026. Refunds: on 10 Feb 2026.

When Grover Jewells Ltd IPO will be listed?

The Grover Jewells Ltd IPO listing date is 11 Feb 2026, Wednesday. Listed on: BSE SME. Issue price: ₹88. Estimated listing: ₹88. GMP: NIL.

When Grover Jewells Ltd IPO close?

The Grover Jewells Ltd IPO closes on 06 Feb 2026, Friday. UPI mandate: 5:00 PM on 06 Feb 2026. Allotment: 09 Feb 2026. Listing: 11 Feb 2026.