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Market News

Deepa Jewellers IPO Day 3: Check subscription status, allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on September 03, 2026, 09:16 IST

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SUMMARY

The ₹459.72 crore Deepa Jewellers IPO comprises a fresh issuance of equity shares worth up to ₹250 crore and an offer-for-sale (OFS) of over 1.18 crore shares totalling ₹209.72 crore.

Incorporated in 2016, Deepa Jewellers is an organised B2B (business-to-business) designer, processor and supplier of hallmarked gold jewellery. | Image: Shutterstock

Incorporated in 2016, Deepa Jewellers is an organised B2B (business-to-business) designer, processor and supplier of hallmarked gold jewellery. | Image: Shutterstock

The initial public offering of Deepa Jewellers Ltd will conclude on Thursday, September 3. The subscription details for the final day will be available post 10 am.

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As of Day 2, the issue was subscribed 3.61 times, with bids for 6,69,03,648 shares compared to 1,85,20,085 shares on offer, according to the NSE data.

The quota for non-institutional investors (NIIs) received 5.11 times subscription, while the category for retail investors attracted 4.71 times subscription. The portion for qualified institutional buyers (QIBs) was booked 46%.

The ₹459.72 crore IPO comprises a fresh issuance of equity shares worth up to ₹250 crore and an offer-for-sale (OFS) of over 1.18 crore shares totalling ₹209.72 crore.

The fresh issue proceeds will be used to fund long-term working capital needs towards procurement, maintenance and scaling up of inventory. A part will also be utilised for general corporate purposes.

Incorporated in 2016, Deepa Jewellers is an organised B2B (business-to-business) designer, processor and supplier of hallmarked gold jewellery. It majorly operates in Karnataka, Telangana, Andhra Pradesh, Kerala and Tamil Nadu.

It makes a wide range of jewellery, operating through an outsourced manufacturing model, backed by a network of 'karigars'.

Deepa Jewellers IPO allotment and listing date

Deepa Jewellers' IPO allotment is expected to be finalised on Friday, September 4. The equity shares are proposed to debut on both the NSE and BSE on September 8.

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How to check Deepa Jewellers IPO allotment status on NSE

Steps to check Deepa Jewellers IPO allotment status on Bigshare Services

  • Head to Bigshare Services' allotment status website: www.bigshareonline.com/ipo_Allotment.html
  • From three servers visible on the screen, choose one
  • Click on 'Deepa Jewellers Limited' from the IPO names
  • Add any one: Application number, PAN or beneficiary ID
  • Click on the ‘Search’ button
Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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