
Grover Jewells Limited IPO
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.
Grover Jewells Limited IPO important dates
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 |
About Grover Jewells Limited IPO
From the company / RHP narrative.
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.
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