Deepa Jewellers IPO allotment is scheduled for Friday, 4 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

  • Allotment date: expected to be finalised on Friday, 4 September 2026.
  • Registrar: Bigshare Services Pvt. Ltd. — check status there first, or via BSE/NSE.
  • Listing date: tentatively set for Tuesday, 8 September 2026 on both BSE and NSE.
  • Price band and lot size: ₹168–₹177 per share, in lots of 84 shares.
  • Issue structure: a ₹460 crore issue combining a ₹250 crore fresh issue and a ₹210 crore offer for sale by two promoters.
  • Use of proceeds: the fresh-issue portion funds working capital and inventory scale-up; the OFS portion pays the two selling promoters, not the company.

Deepa Jewellers IPO: Key Details at a Glance

IPO NameDeepa Jewellers Limited
Issue TypeMainboard
Listing AtBSE & NSE
Price Band₹168 – ₹177 per share
Face Value₹2 per share
Lot Size84 shares
Minimum Retail Investment₹14,868 (84 shares at the upper price band)
Issue Size₹460 crore (fresh issue of ₹250 crore plus an offer for sale of ₹210 crore)
Offer for Sale ByAshish Agarwal and Seema Agarwal (promoters) — ₹104.86 crore each
Lead ManagersEmkay Global Financial Services Ltd., Valmiki Leela Capital Pvt. Ltd.
RegistrarBigshare Services Pvt. Ltd.

What Is the Deepa Jewellers IPO Timeline?

Bid OpensTuesday, 1 September 2026
Bid ClosesThursday, 3 September 2026
Basis of Allotment (Expected)Friday, 4 September 2026
Refund Initiation (Non-Allottees)Monday, 7 September 2026
Credit of Shares to DematMonday, 7 September 2026
Listing Date (Tentative)Tuesday, 8 September 2026

When Will Deepa Jewellers IPO Allotment Be Out?

Deepa Jewellers IPO bidding closes on Thursday, 3 September 2026. Under SEBI’s standard T+1 timeline, the registrar is expected to finalise the basis of allotment the next working day — Friday, 4 September 2026. Refunds for non-allottees (ASBA amounts are unblocked automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts would normally follow on Saturday, 5 September 2026, but since 5–6 September 2026 fall on a weekend, both steps shift to the next working day, Monday, 7 September 2026. Listing on BSE and NSE is tentatively set for Tuesday, 8 September 2026.

How to Check Deepa Jewellers IPO Allotment Status

Method 1: Via Bigshare Services Pvt. Ltd. (Registrar)

Bigshare Services Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

  • Visit the Bigshare Services Pvt. Ltd. IPO allotment status page.
  • Select “Deepa Jewellers Limited” from the company dropdown.
  • Choose your verification method — PAN, Application Number, or DP/Client ID.
  • Enter the details and submit to view your allotment status.

Method 2: Via BSE

  • Visit the BSE Application Status Check page.
  • Select “Deepa Jewellers Limited” as the issue name.
  • Enter your Application Number and PAN.
  • Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

  • Visit NSE’s bid verification page.
  • Complete one-time registration with your PAN if you haven’t already.
  • Select “Deepa Jewellers Limited” and view your application status.

How Is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Deepa Jewellers. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment in the Deepa Jewellers IPO, the ASBA amount blocked in your bank account is unblocked automatically — no separate refund request is needed. This is expected around Monday, 7 September 2026 (shifted from the weekend), the same day allotted shares are credited to successful applicants’ demat accounts. If you applied through a payment mode other than ASBA, the actual refund follows the same timeline.

What Will Deepa Jewellers Do With the IPO Proceeds?

Deepa Jewellers’ IPO combines a ₹250 crore fresh issue with a ₹210 crore offer for sale, and the two pools of money go to very different places. The fresh issue proceeds go to the company: per the RHP, around ₹215 crore is earmarked for funding long-term working capital requirements toward procurement, maintenance, and scaling up inventory, with the remainder for general corporate purposes. The ₹210 crore offer-for-sale portion, by contrast, doesn’t fund the company at all; it goes directly to the two selling shareholders, promoters Ashish Agarwal and Seema Agarwal, who are each offering shares worth roughly ₹104.86 crore.

Who Is Deepa Jewellers Limited?

Deepa Jewellers was incorporated in 2016 and is engaged in the retail and wholesale trading of gold and diamond jewellery, offering traditional and contemporary designs including rings, necklaces, earrings, bangles, and customised ornaments, with a notable specialisation in vaddanam (waist belts) and CNC machine-cut bangles. The company is built primarily around the southern Indian jewellery market, supplying a wholesale network of jewellery retail chains and standalone stores rather than only selling direct to consumers; as of July 2026, it served 373 customers (47 retail chains and 326 standalone stores) across 13 states and one union territory, alongside a product portfolio of 16 product categories and 110 SKUs. Deepa Jewellers has three promoters, Ashish Agarwal, Seema Agarwal, and Dev Agarwal, who together held 100% of the company before the IPO.

Related Reading on Share.Market

Deepa Jewellers is one of several IPOs currently open or upcoming. Track live and upcoming mainboard and SME IPOs on the Share.Market IPO page, and read our related guides on how to check IPO allotment status, how to invest in an IPO and how many lots to apply for to improve your chances of allotment.

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FAQs

When will Deepa Jewellers IPO allotment be announced?

The basis of allotment for the Deepa Jewellers IPO is expected to be finalised on Friday, 4 September 2026, a day after bidding closes on 3 September 2026.

How do I check Deepa Jewellers IPO allotment status without an application number?

You can check status using your PAN or DP/Client ID instead of the application number, on the Bigshare Services registrar page, BSE’s Application Status Check page, or NSE’s bid verification page.

Who is the registrar for the Deepa Jewellers IPO?

Bigshare Services Pvt. Ltd. is the official registrar for the Deepa Jewellers IPO.

Who are the lead managers for the Deepa Jewellers IPO?

Emkay Global Financial Services Ltd. and Valmiki Leela Capital Pvt. Ltd. are the book-running lead managers for the issue.

When will Deepa Jewellers’ IPO list, and on which exchanges?

Deepa Jewellers is tentatively set to list on both BSE and NSE on Tuesday, 8 September 2026.

What happens if I don’t get allotment in the Deepa Jewellers IPO?

If you’re not allotted shares, the ASBA amount blocked in your bank account is unblocked automatically, expected around Monday, 7 September 2026 — the same day shares are credited to allottees’ demat accounts.

How is the basis of allotment decided for an oversubscribed IPO like Deepa Jewellers?

If the retail category is oversubscribed, allotment is decided through a computerised lottery so each successful applicant gets at least one full lot. NII and QIB categories are allotted proportionately to the shares bid for.

What will Deepa Jewellers do with the IPO proceeds?

The ₹250 crore fresh issue goes to the company, around ₹215 crore for working capital and inventory scale-up, with the balance for general corporate purposes. The ₹210 crore offer-for-sale portion goes to selling promoters Ashish Agarwal and Seema Agarwal, not the company.

Is there an offer-for-sale component in the Deepa Jewellers IPO?

Yes. Of the ₹460 crore issue, ₹250 crore is a fresh issue of new shares and ₹210 crore is an offer for sale by promoters Ashish Agarwal and Seema Agarwal, who are each selling shares worth about ₹104.86 crore.

What does Deepa Jewellers do?

Deepa Jewellers is a Hyderabad-based retailer and wholesaler of gold and diamond jewellery, known for traditional South Indian designs such as vaddanam waist belts and CNC machine-cut bangles, supplying a network of 373 jewellery retail chains and standalone stores across 13 states.