Grover Jewells IPO
ListedQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Grover Jewells IPO Details
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Bidding Date
04-Feb-2026 to
06-Feb-2026 -
Issue Size
₹33.83 Cr
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Price Band
₹83 to ₹88
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Allotment date
09-Feb-2026
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Listing date
11-Feb-2026
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Lot size
1600
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No. of shares
38,44,800
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Fresh issue/OFS
₹33.83 Cr /--
About Grover Jewells Company
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.
Subscription Status
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Category
Status
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QIBs
--
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NIIs
--
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Retail
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Others
--
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Total
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FAQs for Grover Jewells IPO.
What is the issue size of Grover Jewells IPO?
The issue size of Grover Jewells is ₹33.83 Cr.
What is the industry of Grover Jewells?
Grover Jewells falls into Fashion Accessories industry.
Where Grover Jewells IPO will be listed?
The Grover Jewells IPO will be listed on BSE.
What are the open and close dates for the Grover Jewells IPO?
The open and close dates for the Grover Jewells are 04-Feb-2026 & 06-Feb-2026.
What are the price band for Grover Jewells IPO?
The price band for the Grover Jewells ipo is ₹83 to ₹88
What is the listing date of Grover Jewells IPO?
The listing date of Grover Jewells IPO is 11-Feb-2026.
What is the purpose for the Grover Jewells IPO?
The purpose of this IPO is to raise fresh capital.
What are the key financials for the Grover Jewells IPO?
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 |