The Grover Jewells IPO minimum market lot is 3,200 shares with ₹2,81,600 application amount. The Grover Jewells IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
Grover Jewells Limited was incorporated in 2021 and started a business of designing and manufacturing a wide range of gold jewellery for the wholesale market.
Further, the company’s 22,20 and 18 karat gold provide plain gold, studded, and semi-finished jewellery. Moreover, It sells both hallmarked and non-hallmarked jewellery through its two showrooms, which are located in Karol Bagh and Chandni Chowk in Delhi.
Based in Delhi, the company has built a strong business-to-business network across around 20 states in India. It has also expanded internationally, with exports to countries like Australia and the UAE.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Grover Jewells IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Grover Jewells IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Grover Jewells IPO Review and Rating
- May Apply For Long-term View
Grover Jewells IPO Form
How to apply for the Grover Jewells IPO? You can apply for Grover Jewells IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Grover Jewells IPO in the Invest section. The other option is you can apply for Grover Jewells IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
