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Deepa Jewellers IPO Opens with 31% Grey Market Premium, Subscribed 0.86 Times on Day One

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Deepa Jewellers IPO Opens with 31% Grey Market Premium, Subscribed 0.86 Times on Day One

Analysed 2 Sept 2026·13 sources analysed·Hyderabad, India·Business
Deepa Jewellers IPO Opens with 31% Grey Market Premium, Subscribed 0.86 Times on Day OnePreviousNext

Deepa Jewellers launched its IPO from September 1 to 3, 2026, aiming to raise Rs 459.72 crore through a fresh issue and offer for sale. Priced between Rs 168-177 per share, the IPO attracted a 31% grey market premium, signaling positive investor sentiment. The issue was subscribed 0.86 times on day one, with retail investors showing strong interest. Proceeds will fund working capital and inventory expansion. The company operates primarily in southern India, supplying hallmarked gold jewellery to major retailers, and plans to list on NSE and BSE on September 8.

Sentiment
61%
TBN's observations

First-hand measurement across 12 sources

We measured how 12 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (61/100). Lens Score 48/100.

Outlets measured: thefinancialexpress, news18, news18, businessstandard, businessstandard, moneycontrol, businessstandard, economictimes, and 4 more. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 12 sources · Published under editorial oversight by The Balanced News
Analysed 2 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (61/100)

Sentiment was consistent across outlets (50–75/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

mint broke this story on 31 Aug, 01:13 pm. Other outlets followed.

31 Aug, 01:13 pm12 sources · 25 h1 Sept, 02:11 pm
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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  1. 1
    mint31 Aug, 01:13 pm
    Deepa Jewellers IPO: Price band, lot size, GMP, listing date and other key details of 460 crore issue Stock Market News
  2. 2
    news1831 Aug, 03:16 pm
    Ahead of IPO, Deepa Jewellers raises Rs 138 cr from anchor investors
  3. 3
    economictimes31 Aug, 03:54 pm
    Ahead of IPO, Deepa Jewellers raises Rs 138 cr from anchor investors
  4. 4
    mint1 Sept, 03:25 am
    Deepa Jewellers IPO day 1: GMP signals 31 listing gain; should you apply for 460 crore issue? Stock Market News
  5. 5
    economictimes1 Sept, 03:33 am
    Deepa Jewellers IPO opens today, GMP at 31 : All you need to know
  6. 6
    businessstandard1 Sept, 06:11 am
    Deepa Jewellers IPO: Growth valuations lift long-term appeal, say experts
  7. 7
    moneycontrol1 Sept, 07:24 am
    Subscribe for Deepa Jewellers Ltd IPO; Anand Rathi- Moneycontrol.com
  8. 8
    businessstandard1 Sept, 12:08 pm
    Deepa Jewellers IPO subscribed 0.86 times on day 1
  9. 9
    businessstandard1 Sept, 12:41 pm
    Priority Jewels IPO subscribed 100.45 times
  10. 10
    news181 Sept, 01:16 pm
    Deepa Jewellers IPO subscribed 86 pc on Day 1
  11. 11
    news181 Sept, 01:47 pm
    Priority Jewels IPO gets 100.45 times subscription on final day
  12. 12
    thefinancialexpress1 Sept, 02:11 pm
    Deepa Jewellers IPO Day 1: Rs 460 crore issue subscribed 0.86x; Check key details

Who's involved

Institutions and figures named across source coverage.

Corporate
Motilal Oswal FinvestTata Mutual FundWhiteOak Capital Mutual FundLRSD SecuritiesDeepa Jewellers LimitedIndia Business Excellence Fund-IIINomura SingaporeBigshare ServicesRosewood InvestmentsCiti Group Global Markets MauritiusDeepa JewellersCP Capital LimitedEmkay Global Financial ServicesSatwani Holdings Limited Liability PartnershipMaybank Securities Private Limited

Story context

Category
Business
Location
Hyderabad, India
Sources analysed
13
Last analysed
2 Sept 2026
Key entities
Initial public offeringCroreIndian rupeeJewelleryNational Stock Exchange of IndiaCommon stockGoldGrey marketBombay Stock ExchangeWorking capitalBusiness-to-businessIndia