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Open
4 Feb 2026
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Close
6 Feb 2026
3
Allotment
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Listing
Wed, Feb 11, 2026
Price Band
₹83 to ₹88
Issue Size
38,44,800 shares (agg. up to ₹34 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Feb 11, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
11-02-2026₹0Est. ₹88+0%
10-02-2026₹0Est. ₹88+0%
09-02-2026₹0Est. ₹88+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.73x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 67.51 | 29.85 | 13.91 | 11.71 |
| Total Income | 473.22 | 460.95 | 258.00 | 255.11 |
| Profit After Tax | 10.45 | 7.62 | 2.78 | 2.71 |
| EBITDA | 14.62 | 11.26 | 4.71 | 4.10 |
| NET Worth | 27.14 | 16.69 | 9.07 | 6.29 |
| Reserves and Surplus | 16.48 | 14.03 | 6.41 | 3.63 |
| Total Borrowing | 28.30 | 9.34 | 4.17 | 3.74 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹64.00 |
| Pushpa Jewellers Ltd. | SME | ₹98.65 Cr | ₹147 | 12.44 | ₹117.60 | -20.00% | ₹113.00 |
| AJC Jewel Manufacturers Ltd. | SME | ₹15.39 Cr | ₹95 | 12.73 | ₹95.39 | +0.41% | ₹233.50 |
| Manoj Jewellers Ltd. | SME | ₹16.20 Cr | ₹54 | 9.97 | ₹53.77 | -0.43% | ₹29.30 |
| Kenrik Industries Ltd. | SME | ₹8.75 Cr | ₹25 | 20.74 | ₹26.26 | +5.04% | ₹11.86 |
| Retaggio Industries Ltd. | SME | ₹15.50 Cr | ₹25 | 7.01 | ₹25.20 | +0.80% | ₹48.30 |
| Divine Hira Jewellers Ltd. | SME | ₹31.84 Cr | ₹90 | null | ₹85.50 | -5.00% | ₹111.00 |
| Shringar House of Mangalsutra Ltd. | Mainboard | ₹400.92 Cr | ₹165 | 19.47 | ₹184.88 | +12.05% | ₹217.44 |
| BlueStone Jewellery & Lifestyle Ltd. | Mainboard | ₹1,540.65 Cr | ₹517 | null | ₹546.00 | +5.61% | ₹868.70 |
| Shanti Gold International Ltd. | Mainboard | ₹360.11 Cr | ₹199 | 19.24 | ₹229.38 | +15.27% | ₹264.26 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 25.34 |
| 2 | General Corporate Purposes | 4.50 |
| 3 | Issue Expenses | 3.99 |
| Total | 33.83 |
About Grover Jewells IPO
Updated on Aug 5, 2026
Contact Details
Grover Jewells Ltd. AddressHouse No C-44/51st Floor Lawrance, Road Industrial AreaKeshavpuram Ind Area, North WestDelhi, New Delhi, 110035+91 9218012596cs@groverjewells.comVisit Website