Deepa Jewellers IPO allotment: How to check status online on NSE, BSE, Bigshare Services; listing date, time here

The basis of allotment for Deepa Jewellers Ltd is expected to be finalised on Friday, September 4. The bid finalisation details will be available on the websites of the NSE, the BSE and the registrar, Bigshare Services.

The initial public offering was subscribed 42.61 times, with bids for 78,91,06,332 shares compared to 1,85,20,085 shares on offer, according to the NSE data.

The part reserved for non-institutional investors (NIIs) was booked 105.96 times, while the category for qualified institutional buyers (QIBs) received 37 times subscription. The quota for retail individual investors was subscribed 18.55 times.

The initial public offering sought to raise ₹459.72 crore via a fresh issuance of shares totalling ₹250 crore and an offer-for-sale (OFS) component of 1.18 crore shares worth ₹209.72 crore by promoters Ashish Agarwal and Seema Agarwal.

Proceeds from the fresh issue will be used to fund long-term working capital requirements for maintenance, procurement, and scaling up of inventory, apart from general corporate purposes.

Deepa Jewellers, incorporated in 2016, designs, processes and supplies hallmarked gold jewellery, primarily operating across Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala.

The B2B player manufactures and supplies a wide range of gold jewellery to businesses like retail chains and standalone stories.

Deepa Jewellers IPO allotment date and time

Deepa Jewellers' IPO allotment status is likely to be finalised on Friday, September 4, by late evening.

How to check Deepa Jewellers IPO allotment status online on NSE

• Open NSE's IPO status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Click on ‘Equity & SME IPO bid details’
• From the 'Select Symbol' list, pick 'DEEPA'
• Mention either your application number or PAN details
• Hit the 'Submit' button

Steps to check Deepa Jewellers IPO allotment status online on BSE

• Go to the allotment status website of BSE: https://bseindia.com/investors/appli_check.aspx
• Keep the issue type as 'Equity'
• From the ‘Issue Name’ dropdown menu, select ‘Deepa Jewellers Ltd’
• Add PAN details or IPO application number
• Press the ‘Search’ button

Deepa Jewellers IPO allotment status online on Bigshare Services

• Open the registrar's IPO status page: www.bigshareonline.com/ipo_Allotment.html
• Three servers will appear on screen, click on any one
• Choose 'Deepa Jewellers Ltd' from the IPO names
• Identify yourself using PAN, application number or beneficiary ID
• Click on the ‘Search’ button

Deepa Jewellers IPO: Listing date and time

Shares of Deepa Jewellers will be listed on the National Stock Exchange (NSE) and the BSE on Tuesday, September 8, at 10 am.