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Deepa Jewellers files preliminary papers with SEBI for IPO

02 Jan 2026 Evaluate

Deepa Jewellers has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The company's proposed IPO will be a combination of a fresh issue of shares worth Rs 250 crore along with an offer for sale of 11,848,340 shares by promoters -- Ashish Agarwal and Seema Agarwal.

Proceeds from its fresh issuance worth Rs 215 crore will be utilised for funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the company, and general corporate purposes. Emkay Global Financial Services and Valmiki Leela Capital are the book running lead managers to the issue. 

Deepa Jewellers is an organised B2B designer, processor and supplier of hallmarked gold jewellery, primarily having operations in Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala. 


Peers
Company Name CMP
Titan Co 4480.10
Kalyan Jewell.India 415.00
Rajesh Exports 117.03
Senco Gold 333.15
Thangamayil Jeweller 4125.65
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