Grover Jewells Limited

Grover Jewells Limited IPO

NSE SMEClosed
Check Allotment
Feb 4, 2026Open Date
Feb 6, 2026Close Date
TBAAllotment Date
Feb 11, 2026Listing Date

Subscription Details

View Subscription Details
Retail15.74x
QIB11.32x
QIB / NII0.00x
NIIs (Non-Institutional Investors)Main Category
37.92x

↳ NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

45.16x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

23.56x

Overall Subscription

Total Bids Received

19.24x

Updated: 10 Jul, 06:08 pm

Grover Jewells Limited IPO Issue Details

Issue Price₹83-88 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share38,44,800 shares(aggregating up to ₹33.83 crore)
Listing AtNSE SME
Listing DateFeb 11, 2026
RegistrarMaashitla Securities Private Limited

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)23,200₹2,81,600
Retail (Max)23,200₹2,81,600
sHNI (Min)34,800₹4,22,400
sHNI (Max)711,200₹9,85,600
bHNI (Min)812,800₹11,26,400

Reservation Details

CategoryShares Offered%
NII5,48,80014.27%
QIB7,29,60018.98%
Anchor10,92,80028.42%
Individual12,80,00033.29%
Market Maker1,93,6005.04%

Company Information

Incorporated in the year 2021, Grover Jewells Limited is involved in the manufacturing and designing of a variety of wholesale gold jewelry.The product offerings of the company comprise plain gold, st...

Valuations

Market Cap

127.66 Cr.

Financial Information (₹ in Crores)

MetricFY 25FY 25FY 24FY 23
Total Assets67.5129.8513.9111.71
Total Revenue473.22460.95258255.11
Profit After Tax10.457.622.782.71
Net Worth27.1416.699.076.29

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Working Capital Requirements
  2. 2General Corporate Purposes

Grover Jewells Limited – Promoter(s)

Mr. Deepak Kumar Grover
Mr. Lavkesh Kumar Grover
Mrs. Bhawna Grover

Contact Details

Corporate Office

House No. C-44/5, 1st Floor, Lawrance Road Industrial Area, Keshavpuram Industrial Area, North West Delhi, New Delhi, New Delhi, 110035

+91 9218012596

cs@groverjewells.com

Visit Website

Registrar Contact

Maashitla Securities Private Limited

+91-11-45121795-96

ipo@maashitla.com

Visit Website

Grover Jewells Limited IPO Documents

DRHP
RHP
ANCHOR

Frequently Asked Questions — Grover Jewells Limited IPO

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