Grover Jewells Ltd IPO – Dates, Price Band & Lot Size
The Grover Jewells Ltd IPO will be live from 04 Feb'26 to 06 Feb'26 with an issue size of ₹33.83 crores. The IPO is priced in the band of ₹0.00–₹88.00 per share with a minimum lot size of 3200.00 shares. Stay updated with IPO dates, allotment status, and listing details.
Min Investment ₹281600.00
Subscribed Times 17.88x
Issues size ₹34 Crores
Price Range ₹0.00 - ₹88.00
Open on 04 Feb'26
Close on 06 Feb'26
Grover Jewells Ltd IPO Details
Lot Size 3200.00
Issue size ₹34 Crores
Issue Type Book Building
Grover Jewells Ltd Shares Offered
Qualified Inst. Buyers 26.51
Non Inst. Buyers 26.98
Retails Ind. Buyers 46.45
Grover Jewells Ltd Subscription Status
(as of 20 Feb 2026) Overall Status 17.88x
Qualified Inst. Buyers 11.32x
Non Inst. Buyers 28.03x
Retails Ind. Buyers 15.76x
Grover Jewells Ltd IPO Timeline
04 Feb'26 Issue Open
06 Feb'26 Issue Close
09 Feb'26 Finalization of Basis of Allotment
10 Feb'26 Initiation of refund
10 Feb'26 Transfer of shares to Demat Account
11 Feb'26 Listing Date
Grover Jewells Ltd Objects of the offer
Expansion of Production Capacity through Advanced Technology.
Strengthening Presence in Southern India and International Market Expansion
Strategic Expansion into the B2C Retail Segment
Product Portfolio Diversification.
Grover Jewells Ltd Company's Financials
Assets(cr) Mar 2025 26.21 Mar 2024 13.36 Mar 2023 10.08
Gross Profit(cr) Mar 2025 10.53 Mar 2024 4.43 Mar 2023 3.81
Liabilities(cr) Mar 2025 9.51 Mar 2024 4.28 Mar 2023 3.78
Net Income(cr) Mar 2025 7.62 Mar 2024 2.78 Mar 2023 2.71
Revenue(cr) Mar 2025 460.80 Mar 2024 257.91 Mar 2023 255.10
Grover Jewells Ltd Peer Comparison
Script Name Shanti Gold International Limited Revenue(cr) 1106.41 Net Profit(cr) 55.84 EPS 10.34 Current Ratio 13.30
Script Name Retaggio Industries Limited Revenue(cr) 23.49 Net Profit(cr) 2.43 EPS 2.60 Current Ratio 6.31
Script Name RBZ Jewellers Limited Revenue(cr) 530.15 Net Profit(cr) 38.80 EPS 9.70 Current Ratio 11.02
Script Name Utssav CZ Gold Jewels Limited Revenue(cr) 646.32 Net Profit(cr) 25.06 EPS 11.63 Current Ratio 9.29
Script Name Grover Jewells Limited Revenue(cr) 460.80 Net Profit(cr) 7.62 EPS 0.00 Current Ratio 6.82
Grover Jewells Ltd IPO
Grover Jewells Ltd Company Contact Info
No C-44/5 1st Flr Lawrance Rd-,
Industrial Area North West,
New Delhi-110035
Phone : +91 92180 12596
Grover Jewells Ltd Registrar & Transfer Agent
Maashitla Securities Pvt Ltd
451 Krishna Apra Bus,
Netaji Subhash Place-New Delhi-110034
Phone : 011-45121795
Fax : 01145121795
Grover Jewells Ltd Book Running Managers
Finshore Management Services Limited
Offer Related Information
Initial public offer of up to 38,44,800 equity shares of face value of Rs.10/- each (Equity Shares) of Grover Jewells Limited (the Company or the Issuer) for cash at a price of Rs.88 per equity share, including a share premium of Rs.78 per equity share (the Issue Price), aggregating to Rs.33.83 crores (the Issue), of which 1,93,600 equity shares of face value of Rs.10/- each for cash at a price of Rs.88 per equity share, aggregating to Rs.1.70 crores will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e., issue of up to 36,51,200 equity shares of face value of Rs.10/- each for cash at a price of Rs.88 per equity share, aggregating to Rs.32.13 crores is here in after referred to as the Net Issue. The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company.Price Band: Rs. 88 per equity share of face value Rs. 10/- each.The floor price is 8.8 times of the face value of the equity shares.Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
Grover Jewells Ltd IPO FAQs
What is the issue size of Grover Jewells Ltd IPO?
The issue size of Grover Jewells Ltd IPO is ₹ 34 crore.
What is 'pre-apply' for Grover Jewells Ltd IPO?
'Pre-apply' lets you place your IPO application before the official opening date.
If I pre-apply for Grover Jewells Ltd IPO, when will my order get placed?
Your order will be placed automatically once the IPO opens for subscription.
When will I know if my Grover Jewells Ltd IPO order is placed?
You'll get a confirmation via SMS/email once your IPO order is successfully placed.
What are the open and close dates of the Grover Jewells Ltd IPO?
The IPO opens on 04 Feb and closes on 06 Feb.
What is the lot size and minimum order quantity of the Grover Jewells Ltd IPO?
The minimum order is 1 lot, which consists of 3200.00 shares.
What is the allotment date for the Grover Jewells Ltd IPO?
The allotment is expected on 09 Feb.
Who is the registrar of the Grover Jewells Ltd IPO?
Maashitla Securities Pvt Ltd is the registrar for this IPO.
Where is the Grover Jewells Ltd IPO getting listed?
It will be listed on NSE.