Investors who applied for the Deepa Jewellers Initial Public Offering (IPO) can anticipate the finalization of their share allotment status on Friday, September 4, 2026. Applicants will be able to check if they have been allotted shares through the official registrar, Bigshare Services Private Limited, or directly on the websites of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
The IPO, which saw considerable demand, was open for subscription from September 1 to September 3, 2026, with a price band of Rs 168-177 per equity share. The company successfully raised Rs 460 crore through the offering.
How to Check Deepa Jewellers IPO Allotment Status
To check your allotment status, follow these steps:
1. Via Bigshare Services (Registrar)
- Visit the official web portal of Bigshare Services Pvt Ltd.
- From the dropdown menu, select 'Deepa Jewellers IPO' once the allotment is finalized.
- Choose one of the following verification modes: Application number/CAF No, Beneficiary ID, or PAN ID.
- Enter the required details for your selected mode.
- Complete the security captcha accurately.
- Click 'Search' to view your allotment status.
2. Via NSE Website
- Navigate to NSE's IPO allotment page.
- Select 'Equity & SME IPO Bid details'.
- Under 'Select Symbol', choose 'DEEPA'.
- Input your PAN Number and Application Number.
- Click 'Submit' to proceed and check your status.
3. Via BSE Website
- Go to BSE's IPO allotment page.
- Under 'Issue Type', click 'Equity'.
- From the 'Issue Name' dropdown, select 'Deepa Jewellers Limited'.
- Enter your application number.
- Provide your PAN card ID.
- Check the 'I am not a Robot' box and then click 'Search'.
IPO Subscription Details and Key Dates
The Deepa Jewellers IPO was oversubscribed 42.61 times overall, attracting nearly 19.75 lakh applications and bids totaling close to Rs 14,000 crore. Individually, the Non-Institutional Investors (NIIs) portion was subscribed 105.96 times, Qualified Institutional Bidders (QIBs) saw a subscription of over 37.01 times, and the retail investor allocation was subscribed 18.55 times.
Emkay Global Financial Services and Valmiki Leela Capital served as the merchant bankers for the issue, with Bigshare Services acting as the official registrar.
Refunds for unallotted applications are anticipated to be processed on Monday, September 7, 2026. The Deepa Jewellers shares are scheduled to make their debut on both the BSE and NSE on Tuesday, September 8, 2026.
Grey Market Premium (GMP) Update
Despite the strong subscription figures, the Grey Market Premium (GMP) for Deepa Jewellers IPO experienced a significant correction. Latest reports indicated a GMP of Rs 18-20 per share, suggesting a potential listing gain of approximately 10-11 percent for investors. This is a notable decrease from the Rs 45-50 premium observed during the initial bidding days.