The Grover Jewells IPO opened on 04 February 2026. It will close on 06 February 2026. The Total IPO Size is 25 Crores.
Grover Jewells has set its IPO price at 67-70 Rs per share. They divided IPO into three general categories: 1) QIB, 2) Retail, and 3) NII.
Grover Jewells are specializes in the manufacturing and designing of a wide range of wholesale gold jewellery.
The collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat.
They also sell hallmarked as well as non-hallmarked jewellery in our two (2) showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi.
They serving domestic as well as export markets in various countries like Sri Lanka, Singapore and the USA. We offer a diverse range of dosage forms, leveraging both Classical Ayurvedic principles and modern nutraceutical science.
Check:- Upcoming SME IPO 2026
Grover Jewells IPO Promoter Holding
Mr. Deepak Kumar Grover, (ii) Mr. Lavkesh Kumar Grover and (iii) Mrs. Bhawna Grover are the Promoters of the company.
Grover Jewells IPO Date, Details & Price Band
| IPO Opening Dates | 04-February-2026 |
| IPO Closing Dates | 06-February-2026 |
| Price Band | 83-88 Rs |
| Fresh Issue | 34 crore |
| Offer for sale | Nil |
| Total IPO size | 34 crore |
| Face Value | 10 INR Per Share |
| Listing On | NSE SME |
| Market Cap | 127.66 Cr |
Grover Jewells IPO Market Lot
The minimum market lot for the Grover Jewells IPO is 3,200 shares, with an amount of ₹2,58,000 per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 2 | 3,200 | 2,81,600 Rs |
| Retail Maximum | 2 | 3,200 | 2,81,600 Rs |
| HNI (Min) | 3 | 4,800 | 2,81,600 Rs |
Grover Jewells IPO: Object of the Issue
1) Working Capital Requirements
2) Issue Related Expenses
3) General Corporate Expenses
Restated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Oct-25 | 67.51 | 473.22 | 10.45 |
| 31-Mar-25 | 29.85 | 460.95 | 7.62 |
| 31-Mar-24 | 29.85 | 258.00 | 2.78 |
Grover Jewells IPO GMP Grey Market Premium
Grover Jewells’s IPO GMP (Grey Market Premium) has started today. Check the Latest Grover Jewells IPO GMP Grey Market Premium, Kostak Rates, and Subject to Sauda Price here.
Grover Jewells IPO Prospectus
| DRHP | Download |
| Final Prospectus | Download |
Grover Jewells IPO Form Download
Grover Jewells IPO is available on the BSE Website as well as on our Portal. Please click here, Grover Jewells IPO Form Download.
Grover Jewells IPO Allotment Date & Details
| Allotment Date | 09-Feb-2026 |
| Initiation of refunds | 10-Feb-2026 |
| Transfer of shares to Demat accounts | 10-Feb-2026 |
| Listing Date | 11-Feb-2026 |
| Check Allotment Status | Click here |
Registrar of Grover Jewells IPO
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square, Netaji Subhash Place,
Pitampura, New Delhi-110034, India
Telephone: +91-11-45121795 / 011-47581432
Email: [email protected]
Contact Person: Mr. Mukul Agarwal
Website: www.maashitla.com
Investor Grievance Email: [email protected]
SEBI Registration Number: INR000004370
CIN No: U67100DL2010PTC208725
Grover Jewells Contact Details
Grover Jewells Ltd
House No C-44/5
1st Floor Lawrance, Road Industrial Area
Keshavpuram Ind Area, North West
Delhi, New Delhi, 110035
+91 9218012596
Grover Jewells IPO Lead Managers
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal, India
Telephone: 033 – 2289 5101
Email: [email protected]
Contact Person: Mr. S. Ramakrishna Iyengar
Website: www.finshoregroup.com
Investor Grievance Email: [email protected]
SEBI Registration No: INM000012185
CIN No: U74900WB2011PLC169377
