Deepa Jewellers IPO Subscription Status: 3.60x on Day 2

Authored By HDFC SKY | Published at: Sep 2, 2026 05:28 PM IST

Deepa Jewellers IPO subscription reached 3.60 times by 4:54 PM on September 2, 2026, with NII at 5.10 times, retail at 4.69 times and QIB at 0.46 times.

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Mumbai, September 2: The Deepa Jewellers IPO continued to attract bids on the second day of subscription, with the issue set to remain open until September 3, 2026. The public issue has a price band of ₹168 to ₹177 per share and a market lot of 84 shares.

As of 4:54 PM on September 2, the Deepa Jewellers IPO was subscribed 3.60 times overall. Investors had bid for 6,66,95,244 shares against 1,85,20,085 shares offered across the QIB, NII and retail categories.

The NII segment led the subscription response at 5.10 times, followed by the retail category at 4.69 times. The QIB portion was subscribed 0.46 times.

Deepa Jewellers IPO Subscription Status

The QIB category received bids for 23,59,224 shares against 51,55,438 shares offered, resulting in a subscription of 0.46 times.

The NII category received bids for 2,04,38,124 shares against 40,09,394 shares reserved for the segment. Within the NII category, the portion for bids above ₹10 lakh was subscribed 4.28 times, while the portion for bids above ₹2 lakh and up to ₹10 lakh was subscribed 6.73 times.

The retail category received bids for 4,38,97,896 shares against 93,55,253 shares offered, taking its subscription to 4.69 times.

Investor Category	Shares Offered/Reserved	Shares Bid For	Subscription
QIB	51,55,438	23,59,224	0.46x
NII	40,09,394	2,04,38,124	5.10x
Retail	93,55,253	4,38,97,896	4.69x
Total	1,85,20,085	6,66,95,244	3.60x

Category-wise Deepa Jewellers IPO Subscription Details

Within the NII segment, investors bidding above ₹10 lakh submitted bids for 1,14,46,596 shares against 26,72,930 shares reserved, resulting in a subscription of 4.28 times.

The NII portion for bids above ₹2 lakh and up to ₹10 lakh received bids for 89,91,528 shares against 13,36,464 shares offered. This portion was subscribed 6.73 times.

Category	Shares Offered/Reserved	Shares Bid For	Subscription
QIB	51,55,438	23,59,224	0.46x
NII, Above ₹10 lakh	26,72,930	1,14,46,596	4.28x
NII, Above ₹2 lakh to ₹10 lakh	13,36,464	89,91,528	6.73x
Retail	93,55,253	4,38,97,896	4.69x
Total	1,85,20,085	6,66,95,244	3.60x

Among QIB bidders, foreign institutional investors submitted bids for 16,66,812 shares, domestic financial institutions for 8,064 shares, mutual funds for 1,176 shares and other QIBs for 6,83,172 shares.

In the retail category, bids for 3,66,91,200 shares were placed through the cut-off route, while price bids accounted for 72,06,696 shares.

Deepa Jewellers IPO Day’s Wise Subscription Summary

The Deepa Jewellers IPO opened for subscription on September 1, 2026. By 4:54 PM on September 2, the overall subscription had reached 3.60 times.

Date	QIB	NII	Retail	Total
September 2, 2026 (Day 2, 4:54 PM)	0.46x	5.10x	4.69x	3.60x

Brief Overview Of Deepa Jewellers IPO

The Deepa Jewellers IPO has an issue size of 1,85,20,085 shares. The price band is set at ₹168 to ₹177 per share, with a market lot of 84 shares.

IPO Particular	Details
Issue Type	Bookbuilding IPO
Issue Size	1,85,20,085 shares
Price Band	₹168 to ₹177 per share
Face Value	₹2 per share
Market Lot	84 shares
Minimum Bid Quantity	84 shares
Issue Open Date	September 1, 2026
Issue Close Date	September 3, 2026
IPO Market Timings	10:00 AM to 5:00 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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