New Delhi, Sept. 8 -- Deepa Jewellers share price made a strong debut in the Indian stock market on Tuesday, 8 September. The stock listed at 25% premium over the IPO price of Rs.177.

Deepa Jewellers share price opened at Rs.221 per share on NSE and Rs.221.05 on BSE. This means that the Deepa Jewellers IPO listing delivered 25% gains to its IPO allottees.

The listing of Deepa Jewellers exceeded the market expectations. The GMP of Deepa Jewellers IPO was +23.5, ahead of listing, indicating an estimated listing price of Rs.200.5 apiece, which is 13.28% higher than the IPO price.

Deepa Jewellers, an organised B2B designer, processor and supplier of hallmarked gold jewellery, opened its IPO for subscription on Tuesday, September 1, and clo...