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Deepa Jewellers lists nearly 25% above IPO price, valued at ₹1,920.56 crore
Deepa Jewellers debuted nearly 25% above its ₹177 IPO price. The organised B2B hallmarked gold jewellery supplier will use fresh-issue proceeds for working capital, inventory procurement and scaling across southern Indian markets.
IPO issue price₹177
BSE listing price₹221.05
Reported figures
From the report. Source details below
| Listed at ₹221.05 on BSE, 24.88% above | ₹177 issue price |
|---|---|
| IPO size: | ₹460 crore |
| Fresh issue: | up to ₹250 crore |
| Offer for sale: | over 1.18 crore shares |
| IPO subscription: | nearly 43 times |
| Price band: | ₹168-177 per share |
Also in the report
- Listed at ₹221 on NSE, 24.85% above issue price