Deepa Jewellers Limited

listedRefreshing

NSE · Source: SEBI

DRHP2 Sept 2026completed
RHP25 Aug 2026completed
Price band25 Aug 2026completed
Opened1 Sept 2026completed
Closed3 Sept 2026completed
Allotteddate not on filereached, date not recorded
Listed8 Sept 2026completed

Price band

₹168–₹177

Issue size

—

Fresh issue

₹250 Cr

Offer for sale

—

GMP ₹25 (14.12%)grey-market · 45 days ago

Governance observations

Supported by the filing.

Promoters held 81,985,000 shares representing 99.98 percent of pre-Offer equity capital, indicating near-total promoter control before the Offer. (p.26)
The Company has significant financial relationships with promoters and related parties through unsecured loans, interest payments, remuneration and rent. (p.29, 30, 31, 32)
Ashish Agarwal, Seema Agarwal and Dev Agarwal have provided personal guarantees for Company borrowings and have also extended unsecured loans to the Company. (p.59, 243)
Promoter unsecured loans cumulatively amounted to Rs 431.90 million as of November 30, 2025 and are repayable on demand subject to secured-lender approval. (p.43, 44, 243)
The auditor's examination report contains no qualification, reservation, adverse remark or emphasis of matter for the reported periods. (p.265, 344)

Selling shareholders

Who is offloading shares in this offer, as named in the filing. The reading captures names, not the per-seller split of shares or amount — that level of detail is a fresh-issue/OFS split for the whole offer, not per shareholder, in most prospectuses this reads.

— (p.1, 3)
— (p.1, 3)

Related-party transactions

Counterparty

Multiple related parties	Interest paid	Rs 11.29 million	0.14 percent	29, 30
Ashish Agarwal and Dev Agarwal	Director remuneration	Rs 2.75 million	0.03 percent	30
Aayush Agrawal	Short-term employee benefits	Rs 0.25 million	0.00 percent	30
Ashish Agarwal	Rent	Rs 1.24 million	0.02 percent	30
Independent Directors and Seema Agarwal	Sitting fees	Rs 0.70 million	0.01 percent	31
Promoters, relatives and promoter-controlled HUFs	Net loans repaid or taken during the six months ended September 30, 2025	Rs 36.78 million	0.45 percent	31
Promoters, relatives and promoter-controlled HUFs	Unsecured loan balance payable at September 30, 2025	Rs 418.95 million	5.16 percent	31, 32