Deepa Jewellers IPO ends with 42.61 times subscription
Mumbai, Sept. 4 -- The initial public offer of Deepa Jewellers received bids for 78,91,06,332 shares as against 1,85,20,085 shares on offer. The issue was subscribed 42.61 times.
The qualified institutional buyers' (QIB) portion was subscribed 37 times, while the non-institutional investors' (NII) category was subscribed 105.96 times. The retail individual investors' (RII) segment was subscribed 18.55 times.
Deepa Jewellers' Rs 459.72 crore IPO opened for subscription on 1 September 2026 and it will close on 3 September. The issue comprises a fresh issue of shares worth up to Rs 250 crore and an offer for sale of 1,18,48,340 shares worth up to Rs 209.72 crore at the upper price band. The price band is fixed at Rs 168-177 per share, with...
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