Grover Jewells Limited IPO
BBSMENSEListed
Listed at
96
+9.09%
Grover Jewells Limited IPO is a SME book building IPO. Issue size is 34 Cr. Price band is ₹83 to ₹88 per share. Minimum investment is ₹2.82 L. Lot size is 1600 shares. Open from 4 Feb 2026 to 6 Feb 2026. Allotment on 9 Feb 2026. Listing on 11 Feb 2026 at NSE. Managed by Finshore Management Services Ltd. Registrar: Maashitla Securities Private Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Grover Jewells Limited IPO overview
Grover Jewells Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Price band
₹83 to ₹88
Lot size
1600 shares / lot
Min investment
₹2,81,600
Issue open – close
4 Feb 2026 → 6 Feb 2026
Grover Jewells Limited IPO important dates
Issue Opens
4 Feb 2026
Issue Closes
6 Feb 2026
Allotment
9 Feb 2026
Listing
11 Feb 2026
Grover Jewells Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,81,600 |
| S-HNI (Min) | 3 | 4,800 | ₹4,22,400 |
| S-HNI (UPI) | 3 | 4,800 | ₹4,22,400 |
| S-HNI (Max) | 7 | 11,200 | ₹9,85,600 |
| B-HNI (Min) | 8 | 12,800 | ₹11,26,400 |
Cut‑off within the price band is set after book‑building when applicable. SME issues often require at least two lots; mainboard retail typically bids one lot at cut‑off.
Quick Profit Calculator for Grover Jewells Limited IPO
Pre-filled: Issue Price = ₹88, Lot Size = 1,600 shares, Listing Price = ₹96
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,81,600 | ₹96 | +₹25,600 |
| S-HNI (Min) | 3 | ₹4,22,400 | ₹96 | +₹38,400 |
| S-HNI (UPI) | 3 | ₹4,22,400 | ₹96 | +₹38,400 |
| S-HNI (Max) | 7 | ₹9,85,600 | ₹96 | +₹89,600 |
| B-HNI (Min) | 8 | ₹11,26,400 | ₹96 | +₹1,02,400 |
Profit based on the official listing price for each investor category.
About Grover Jewells Limited IPO
From the company / RHP narrative.
Incorporated in 2021, Grover Jewells Limited is engaged in the manufacturing and designing of a wide range of wholesale gold jewellery.
The company’s product portfolio includes plain gold, studded, and semi-finished jewellery, primarily available in 22 Karat, 20 Karat, and 18 Karat. It also offers hallmarked and non-hallmarked jewellery through its two showrooms located at Karol Bagh, New Delhi, and Chandni Chowk, Delhi.
The company operates across two key segments — machine-made chain manufacturing and casting jewellery production — enabling it to cater to both high-volume demand and contemporary fashion-oriented designs with consistent quality and timely delivery.
For operational clarity, Grover Jewells Limited categorizes its sales into three divisions: wholesale sales, retail sales, and consumer sales. Headquartered in Delhi, the company has established a strong B2B network across approximately 20 states in India and has expanded its footprint internationally with exports to Australia and the U.A.E.
As of August 31, 2025, the company employed 68 individuals.
Grover Jewells Limited IPO Issue Objective
How the issuer plans to use IPO proceeds.
Working Capital Requirements
General corporate purposes
Grover Jewells Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.
What is Grover Jewells Limited IPO?
Grover Jewells Limited IPO is a public issue where the company offers its shares to investors through the stock exchange, allowing retail, HNI, and institutional participation.
What is the IPO price band of Grover Jewells Limited IPO?
The IPO price band of Grover Jewells Limited IPO is ₹₹83 to ₹88 per share, as mentioned in the issue details.
What is the minimum investment required for Grover Jewells Limited IPO?
The minimum investment in Grover Jewells Limited IPO is ₹2,81,600, based on the applicable lot size for retail investors.
What is the lot size of Grover Jewells Limited IPO?
The lot size of Grover Jewells Limited IPO is 1600 shares per lot, and applications must be made in multiples of this lot size.
What are the opening and closing dates of Grover Jewells Limited IPO?
Grover Jewells Limited IPO opens on 4 Feb 2026 and closes on 6 Feb 2026, as per the announced schedule.
What is Grover Jewells Limited IPO subscription status?
Grover Jewells Limited IPO subscription status shows the level of demand across retail, HNI, and institutional investor categories during the issue period.
What is Grover Jewells Limited IPO GMP today?
Grover Jewells Limited IPO GMP (Grey Market Premium) today is around ₹0, reflecting current grey market activity before listing.
Is Grover Jewells Limited IPO GMP positive or negative?
Grover Jewells Limited IPO GMP is currently subject to change, based on prevailing grey market trends. GMP may change over time.
What does Grover Jewells Limited IPO GMP indicate for listing?
A positive Grover Jewells Limited IPO GMP may indicate market interest ahead of listing, while actual listing performance depends on subscription response and market conditions.
When is Grover Jewells Limited IPO listing date?
The expected listing date of Grover Jewells Limited IPO is 11 Feb 2026, subject to completion of the allotment process.
Where can I check Grover Jewells Limited IPO allotment status?
Grover Jewells Limited IPO allotment status can be checked online once the allotment process is completed using application or PAN details.
Can Grover Jewells Limited IPO subscription and GMP change before listing?
Yes, Grover Jewells Limited IPO subscription figures and GMP may change during the issue period and before listing based on market activity.
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