Deepa Jewellers IPO Day 3 Subscription: Issue Subscribed 43.37 Times

Authored By HDFC SKY | Published at: Sep 3, 2026 05:34 PM IST

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Mumbai, September 03: Deepa Jewellers IPO witnessed strong demand on the final day of bidding. The bookbuilding issue opened for subscription on September 01, 2026, and closes on September 03, 2026.

The IPO comprises a combination of a fresh issue of 1.41 crore shares aggregating up to ₹250 crore and an offer for sale of 1.18 crore shares aggregating up to ₹209.72 crore. The price band has been fixed at ₹168 to ₹177 per share, with a lot size of 84 shares.

Deepa Jewellers IPO Day 3 Subscription Status

As of September 03, 2026 at 5:04:46 PM, the issue had received bids across the QIB, NII and retail categories.

Category	Shares Offered	Shares Bid For	Subscription
QIB (Ex Anchor)	51,94,528	19,07,76,852	36.73x
NII	38,95,895	42,47,45,916	109.02x
NII (> ₹10 lakh)	25,97,263	33,12,95,244	127.56x
NII (< ₹10 lakh)	12,98,632	9,34,50,672	71.96x
Individual Investors	90,90,422	17,30,16,396	19.03x
Total	1,81,80,845	78,85,39,164	43.37x

The NII category recorded the highest subscription among the broad investor categories. Within the segment, the portion for applications above ₹10 lakh received the larger volume of bids, while the NII category below ₹10 lakh also saw substantial participation.

The QIB portion excluding anchor investors received bids several times the shares reserved for the category. Retail investors also saw a marked increase in participation on the final day.

Category-wise Deepa Jewellers IPO Subscription Status

Investor Category	Subscription
QIB (Ex Anchor)	36.73x
NII	109.02x
NII (> ₹10 lakh)	127.56x
NII (< ₹10 lakh)	71.96x
Individual Investors	19.03x
Total	43.37x

Deepa Jewellers Day’s Wise Subscription Summary

Subscription activity gathered pace through the three-day bidding period, with the issue seeing a sharp increase in demand on the final day.

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Retail	Total
Sep 01 (Day 1)	0.11x	0.65x	0.37x	1.22x	1.42x	0.88x
Sep 02 (Day 2)	0.45x	5.27x	4.42x	6.95x	4.85x	3.69x
Sep 03 (Day 3)	36.73x	109.02x	127.56x	71.96x	19.03x	43.37x

Deepa Jewellers IPO Timeline

IPO Milestone	Date
Issue Open Date	September 01 2026
Issue Close Date	September 03 2026
Basis of Allotment Date	September 04 2026
Initiation of Refunds	September 07 2026
Credit of Shares	September 07 2026
Listing Date	September 08 2026

Brief Overview Of The IPO

Deepa Jewellers IPO is a bookbuilding public issue comprising a fresh issue and an offer for sale. The company is engaged in the jewellery business and the shares are proposed to be listed on the BSE and NSE.

Particular	Details
Issue Size	₹459.72 crore
Issue Type	Bookbuilding IPO
Fresh Issue	1,41,24,293 shares
Fresh Issue Size	₹250 crore
Offer for Sale	1,18,48,340 shares
Offer for Sale Size	₹209.72 crore
Price Band	₹168 to ₹177 per share
Face Value	₹2 per share
Total Issue Size	2,59,72,633 shares
Issue Period	September 01 to September 03 2026
Lot Size	84 shares
Minimum Investment	₹14,868 at the upper price band
Listing Exchange	BSE and NSE
Lead Manager	Emkay Global Financial Services Limited
Registrar	Bigshare Services Pvt. Ltd.
Final Day Subscription	43.37x
Subscription Timestamp	September 03 2026, 5:04:46 PM

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4777&type=IPO&idtype=1&status=L&IPONo=7922&startdt=01/09/2026

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