Grover Jewells Ltd.
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 04-02-2026 | 06-02-2026 | ₹10 per share | ₹88 per share | 1600 shares | NSE SME | 38,44,800 shares (aggregating up to ₹34 Cr) | 2026-02-09 00:00:00 | 2026-02-10 00:00:00 | 2026-02-10 00:00:00 | 11-02-2026 |
About The Company
Grover Jewells IPO is a book build issue of ₹33.83 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹33.83 crore.
Grover Jewells IPO opens for subscription on Feb 4, 2026 and closes on Feb 6, 2026. The allotment for the Grover Jewells IPO is expected to be finalized on Feb 9, 2026. Grover Jewells IPO will list on NSE SME with a tentative listing date fixed as Feb 11, 2026.
Grover Jewells IPO price band is set at ₹83 to ₹88 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,81,600 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹4,22,400.
Finshore Management Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Anant Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 12 | 255 | 3 | 6.29 | 3.63 | 3.74 |
| 31-03-2024 | 14 | 258 | 3 | 2.78 | 6.41 | 4.17 |
| 31-03-2025 | 30 | 461 | 8 | 16.69 | 14.03 | 9.34 |
| 31-10-2025 | 68 | 473 | 10 | 27.14 | 16.48 | 28.3 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor | 1 |
| QIB (Ex Anchor) | 11.32 |
| NII | 37.57 |
| Individual Investors | 15.74 |
| Total | 19.16 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | 281600 |
| Individual investors (Retail) (Max) | 2 | 3200 | 281600 |
| S-HNI (Min) | 3 | 4800 | 422400 |
| S-HNI (Max) | 7 | 11200 | 985600 |
| B-HNI (Min) | 8 | 12800 | 1126400 |
IPO Listing Details
| Listing Date | 11-02-2026 |
| BSE Script Code | |
| NSE Symbol | GJL |
| ISIN | INE1TY801010 |
| Final Issue Price | 0 |
Promoter holdings
Mr. Deepak Kumar Grover, Mr. Lavkesh Kumar Grover and Mrs. Bhawna Grover
Contact Information of the Company
Grover Jewells Ltd. Address
House No C-44/5
1st Floor Lawrance, Road Industrial Area
Keshavpuram Ind Area, North West
Delhi, New Delhi, 110035
+91 9218012596
cs@groverjewells.com
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IPO Registrar
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
ipo@maashitla.com
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