Grover Jewells Limited

Grover Jewells Limited

SMEClosed

₹2,81,600(3,200 Shares)

Minimum Investment

IPO Dates

Feb 4, 2026 – Feb 6, 2026

Price Band

₹83–88 per equity share

Lot Size

1600

Listing

Feb 11, 2026

Listing At

NSE SME

Feb 4, 2026Open DateCompleted
Feb 6, 2026Close DateCompleted
TBAAllotment DateUpcoming
Feb 11, 2026Listing DateCompleted

Grover Jewells Limited Live Subscription Details

All IPOs
Retail15.74x
QIB11.32x
QIB / NII0.00x
NIIs
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

Grover Jewells Limited IPO Issue Details

Issue Price
₹83-88 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
38,44,800 shares(aggregating up to ₹33.83 crore)
Listing At
NSE SME
Listing Date
Feb 11, 2026
Registrar
Maashitla 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

14.27%

NII

5.49L

18.98%

QIB

7.3L

28.42%

Anchor

10.93L

33.29%

Individual

12.8L

5.04%

Market Maker

1.94L

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

Grover Jewells Limited Allotment & Registrar Details

Check Allotment

Maashitla Securities Private Limited

+91-11-45121795-96

ipo@maashitla.com

Visit Registrar Website

Grover Jewells Limited IPO Documents

Frequently Asked Questions — Grover Jewells Limited IPO

The Grover Jewells Limited IPO price band is set at ₹83.00 to ₹88.00 per equity share.

The lot size for Grover Jewells Limited IPO is 1600 shares per lot. The minimum investment amount is approximately ₹1,40,800.

The Grover Jewells Limited IPO opens on Feb 4, 2026 and closes on Feb 6, 2026.

Grover Jewells Limited IPO is expected to be listed on Feb 11, 2026 on NSE SME.

The registrar for Grover Jewells Limited IPO is Maashitla Securities Private Limited. You can contact them at ipo@maashitla.com.

View All
Tonbo Imaging India

Tonbo Imaging India

UpcomingMainboard
GMP +₹440

Price Band: ₹665–₹700

Jio Platforms

Jio Platforms

UpcomingMainboard
GMP +₹194

Price Band: ₹1065–₹1119

Bonfiglioli Transmissions

Bonfiglioli Transmissions

UpcomingMainboard
GMP +₹150

Price Band: ₹558–₹586

HD Fire Protect

HD Fire Protect

LiveMainboard
GMP +₹84

Price Band: ₹258–₹271

Sahajanand Medical Technologies

Sahajanand Medical Technologies

UpcomingMainboard
GMP +₹40

Price Band: ₹327–₹344

Zetwerk Manufacturing Business

Zetwerk Manufacturing Business

UpcomingMainboard
GMP +₹20

Price Band: ₹143–₹151