Grover Jewells IPO Details
| IPO Open Date | February 4, 2026 |
| IPO Close Date | February 6, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹83 to ₹88 Per Share |
| Issue Size | Approx ₹33.83 Crores |
| Fresh Issue | Approx ₹33.83 Crores |
| Issue Type | Book build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Grover Jewells IPO Review & Key Points
- Review:
Grover Jewells IPO Market Lot
The Grover Jewells IPO minimum market lot is 3,200 shares with ₹2,81,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,81,600 |
| Retail Maximum | 2 | 3,200 | ₹2,81,600 |
| S-HNI Minimum | 3 | 4,800 | ₹4,22,400 |
| S-HNI Maximum | 7 | 11,200 | ₹9,85,600 |
| B-HNI Minimum | 8 | 12,800 | ₹11,26,400 |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 10,94,400 Shares | 28.46% |
| QIB (Ex. Anchor) | 7,29,600 Shares | 18.98% |
| NII Shares Offered | 5,48,800 Shares | 14.27% |
| Retail Shares Offered | 12,78,400 Shares | 33.25% |
Grover Jewells IPO Anchor Investors
| Anchor Bidding Date | February 03, 2026 |
| Anchor Investors List | |
| Shares Offered | 10,94,400 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | March 11, 2026 |
| lock-in period end date 50% shares (90 Days) | May 10, 2026 |
Grover Jewells IPO Dates
The Grover Jewells IPO date is February 4 and the close date is February 6. The Grover Jewells IPO allotment will be finalized on February 9 and the IPO listing on February 11.
| IPO Open Date: | February 4, 2026 |
| IPO Close Date: | February 6, 2026 |
| Basis of Allotment: | February 9, 2026 |
| Refunds: | February 10, 2026 |
| Credit to Demat Account: | February 10, 2026 |
| IPO Listing Date: | February 11, 2026 |
| IPO Bidding Cut-off Time: | February 6, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Deepak Kumar Grover, Mr. Lavkesh Kumar Grover and Mrs. Bhawna Grover.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,06,62,400 | 100% |
| Promoter Holding Post Issue | 1,45,07,200 | 73.48% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Working Capital Requirements | ₹21.35 |
| General Corporate Purpose | ₹- |
About Grover Jewells IPO
To be updated soon
Grover Jewells IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹255.11 | ₹250.97 | ₹2.71 | ₹11.71 |
| 2024 | ₹258.00 | ₹253.21 | ₹2.78 | ₹13.91 |
| 2025 | ₹460.95 | ₹449.55 | ₹7.62 | ₹29.85 |
| Oct 2025 | ₹473.22 | ₹458.57 | ₹10.45 | ₹67.51 |
Grover Jewells IPO Valuation – FY2025
Check Grover Jewells IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 45.67% |
| ROCE: | 45.00% |
| EBITDA Margin: | 2.44% |
| PAT Margin: | 1.65% |
| Debt to equity ratio: | 0.56 |
| Earning Per Share (EPS): | ₹7.15 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 45.67% |
| Net Asset Value (NAV): | ₹15.66 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Shanti Gold International Limited | 10.34 | 20.71 | 36.56% | 21.13 | 1,106.41 Cr. |
| Retaggio Industries Limited | 2.60 | 9.08 | 11.57% | 13.51 | 23.49 Cr. |
| RBZ Jewellers Limited | 9.70 | 14.18 | 15.86% | 61.26 | 530.15 Cr. |
| Utssav CZ Gold Jewels Limited | 11.63 | 19.01 | 19.76% | 53.23 | 646.32 Cr. |
IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Ltd.
Company Address
Grover Jewells Ltd.
House No C-44/5
1st Floor Lawrance, Road Industrial Area
Keshavpuram Ind Area, North West
Delhi, New Delhi, 110035
Phone: +91 9218012596
Email: [email protected]
Website: https://www.groverjewells.com/
IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
Grover Jewells IPO FAQs
What is Grover Jewells IPO?
Grover Jewells IPO is SME IPO. The company is going to raise ₹33.83 Crores via IPO. The issue is priced at ₹83 to ₹88 per equity share. The IPO is to be listed on NSE.
When Grover Jewells IPO will open for subscription?
The IPO is to open on February 4, 2026 for QIB, NII, and Retail Investors. The IPO will close on February 6, 2026.
What is Grover Jewells IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Grover Jewells IPO?
You can apply for Grover Jewells IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Grover Jewells IPO Issue Size?
Grover Jewells IPO issue size is ₹33.83 crores.
What is Grover Jewells IPO Price Band?
Grover Jewells IPO Price Band is ₹83 to ₹88.
What is Grover Jewells IPO Lot Size?
The minimum bid is 3,200 Shares with ₹2,81,600 amount.
What is the Grover Jewells IPO Allotment Date?
Grover Jewells IPO allotment date is February 9, 2026.
What is the Grover Jewells IPO Listing Date?
Grover Jewells IPO listing date is February 11, 2026. The IPO is to list on NSE.
Note: The Grover Jewells IPO price band and date are officially announced. The (Grover Jewells IPO grey market premium) will be added to the IPO GMP page as it will start).
