Mumbai, Sept. 1 -- The initial public offer of Deepa Jewellers received bids for 1,59,85,200 shares as against 1,85,20,085 shares on offer, according to stock exchange data at 17:00 IST on 1 September 2026). The issue was subscribed 0.86 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 a lot size of 84 shares. The shares will be listed on the BSE and NSE.

The company allotted 77,91,789 shares to anchor investors at Rs 177 per share, raising Rs 137.9...