Hyderabad: Deepa Jewellers Limited has fixed a price band of Rs 168 to Rs 177 per equity share of face value Rs 2 each for its initial public offering ( IPO ) that opens for subscription on September 1, 2026, and closes on September 3. The shares are proposed to list on BSE and NSE .
The IPO comprises a fresh issue of shares of up to Rs 250 crore and an offer for sale (OFS) of up to 11,848,340 shares by promoter shareholders Ashish Agarwal and Seema Agarwal, who will each sell up to 5,924,170 shares. Investors may bid for a minimum of 84 shares and in multiples of 84 thereafter. The company has 82 million shares outstanding.
The Hyderabad-based jeweller said the proceeds of the fresh issue will fund its long-term working capital needs for procurement, maintenance and inventory expansion, besides general corporate purposes and offer expenses. You Can Also Check: Gold Rate in Hyderabad | Silver Rate in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Hyderabad AQI | Weather in Hyderabad | Petrol Price in Hyderabad | Diesel Price in Hyderabad | CNG Price in Hyderabad | LPG Price in Hyderabad