Deepa Jewellers Limited IPO
Deepa Jewellers Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Business Overview

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.

Deepa Jewellers IPO Size

Fresh Issue
₹250 Cr (TBA Shares)
Offer For Sale
Rs. TBA Cr (1.18 Cr Shares)

Objects of the Issue

To fund long-term working capital requirements towards procurement, maintenance and scaling up of inventory.

₹215 Cr

General corporate purposes.

₹TBA Cr

Deepa Jewellers IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Deepa Jewellers IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue 812.19 1,397.01 1,024.57 921.26
PAT 48.62 40.58 24.35 22.02
Net Worth 181.79 133.21 92.55 68.13
Borrowings 99.48 80.79 77.93 83.45
Assets 299.75 217.67 174.64 152.81
NAV (₹) 22.17 16.25 11.29 8.31
EPS (₹) 5.93 4.95 2.97 2.69

Key Performance Indicators (KPIs)

EBITDA

4.01%

PAT

2.90%

ROE

35.95%

ROCE

30.60%

Debt to Equity

0.61

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band

Promoter Holding

Promoter

99.98%

Public

0.02%

Ashish Agarwal 48.79%
Seema Agarwal 48.78%
Dev Agarwal 2.41%

Management

Ashish Agarwal
Chairman & MD
Dev Agarwal
WTD
Srinivas Kamoji Gunupudi
CFO
Vandana Modani
CS & CO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Deepa Jewellers Limited

Address: Ground floor and first floor, door no. 3-6-343 & 344, Basheerbagh, Himayathnagar, Hyderabad – 500029, Telangana, India

Number: +91 76809 62117

Email: cs@deepajewel.com

Website: www.deepajewel.com

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