Deepa Jewellers Limited IPO

Deepa Jewellers Limited is an organized B2B designer, processor and supplier of hallmarked gold jewellery, primarily operating across southern India. The company processes 22-karat gold jewellery and provides job-work services, operating through an outsourced manufacturing model supported by a network of 40 karigars. Its product portfolio includes vaddanam, CNC machine cut bangles, gents kada, vanky, dandpatti, traditional necklaces, earrings and rings, comprising 14 products and 76 SKUs as of November 2025. As of November 2025, its customer network spans 13 states and one union territory, comprising 315 customers including 43 jewellery retail chains and 272 standalone stores. Key customers include Joyalukkas India Limited, Kalyan Jewellers India Limited and Lalithaa Jewellery Mart Limited.