Recently Viewed
Clear AllQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Bidding Date
04-Feb-2026 to
06-Feb-2026
Issue Size
₹33.83 Cr
Price Band
₹83 to ₹88
Allotment date
09-Feb-2026
Listing date
11-Feb-2026
Lot size
1600
No. of shares
38,44,800
Fresh issue/OFS
₹33.83 Cr /--
Grover Jewells Limited, tracing operational roots to 2008 under proprietorship founded by Deepak Kumar Grover and formally incorporated in October 2021 in Delhi, began with basic gold chain production using two machines before diversifying into mass production (2009), casting jewelry (2012), and premium designs including plain, studded, semi-finished pieces in 22K, 20K, and 18K gold, offered hallmarked or non-hallmarked. The business evolved across machine-made chains and casting segments, supported by two Delhi showrooms in Karol Bagh and Chandni Chowk, serving wholesale (B2B primary), retail, and consumer divisions with a network spanning 20 Indian states plus exports to Australia and UAE. Core focus remains wholesale gold jewelry manufacturing and design, with primary products encompassing high-volume chains and fashion-oriented cast items for consistent quality delivery. Key expertise includes efficient production processes and timely supply, strengthened by family-led craftsmanship blending tradition with modern innovation. It caters to domestic wholesalers and international buyers through a trust-based B2B model, emphasizing reliable quality, strategic market expansion, and customer relationships to navigate jewelry sector demands for purity and design variety.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
--
The issue size of Grover Jewells is ₹33.83 Cr.
Grover Jewells falls into Fashion Accessories industry.
The Grover Jewells IPO will be listed on BSE.
The open and close dates for the Grover Jewells are 04-Feb-2026 & 06-Feb-2026.
The price band for the Grover Jewells ipo is ₹83 to ₹88
The listing date of Grover Jewells IPO is 11-Feb-2026.
The purpose of this IPO is to raise fresh capital.
Key financial of the Grover Jewells are:
| Grover Jewells | FY-25 | FY-24 | FY-23 |
|---|---|---|---|
| Revenue (₹ Cr) | 460.8 | 257.91 | 255.1 |
| EBIT (₹ Cr) | 10.05 | 3.65 | 3.61 |
| Proft after Tax (₹ Cr) | 7.62 | 2.78 | 2.71 |
| Debt (₹ Cr) | 9.34 | 4.17 | 3.74 |
| Net Worth (₹ Cr) | 16.69 | 9.07 | 6.29 |
| RoE (%) | 45.67 | 30.65 | 43 |