🔴 Live Update
NSE has officially released the Grover Jewells IPO issue details, including the price band, issue size, lot size, bidding timeline, and intermediary disclosures. Subscription data will be updated only after its official release by the exchange.
Last updated: 03 Feb 2026 | IST
All information on this page is sourced from official NSE disclosures and relevant regulatory circulars.
Grover Jewells IPO GMP Today
NSE-verified IPO details, subscription framework, listing outlook, and institutional-style risk assessment.
Grover Jewells IPO Details: Snapshot
| IPO Opening Date | 04 Feb 2026 |
|---|---|
| IPO Closing Date | 06 Feb 2026 |
| UPI Mandate Cut-off | 06 Feb 2026 (up to 5:00 PM) |
| Price Band | ₹83 – ₹88 per equity share |
| Lot Size | 1,600 Equity Shares |
| Face Value | ₹10 per share |
| Issue Size | 38,44,800 Equity Shares (Fresh Issue) |
| Market Maker Portion | 1,93,600 Equity Shares |
| Issue Type | 100% Book Building |
| Exchange | NSE SME |
Grover Jewells IPO GMP Today: Issue Structure & Process
The Grover Jewells IPO is a book-built issue consisting entirely of a fresh issue of equity shares. Bidding is permitted during market hours from 10:00 a.m. to 5:00 p.m., with bidding on the issue closure day allowed up to 4:00 p.m.
Investors applying through UPI must ensure mandate confirmation by 5:00 p.m. on the closing date. Applications with confirmed mandate status (RC100) are considered valid by the exchange.
Grover Jewells IPO Subscription Status (NSE Official)
Category-wise subscription data will be published by NSE SME during the bidding period. Official subscription figures will be updated here only after exchange release.
| Investor Category | Subscription (×) | Status |
|---|---|---|
| Retail Individual Investors (IND – up to ₹5 lakh) | Not disclosed | Awaiting NSE update |
| Other Categories (FI, IC, MF, FII, OTH, CO, NOH) | Not disclosed | Awaiting NSE update |
| Total | Not disclosed | Official aggregate |
GMP Overview
Grey Market Premium (GMP) is an unofficial indicator and is not published by NSE or SEBI. Any GMP reference should be interpreted cautiously and only alongside official subscription data.
Current GMP: Not disclosed officially
Grover Jewells IPO Listing Outlook:
Grover Jewells IPO is expected to list on the NSE SME platform, subject to completion of allotment and regulatory processes. Listing performance will depend on final subscription levels and broader SME market conditions at the time of listing.
Business Overview
Grover Jewells Limited operates in the jewellery segment, focusing on the design, manufacturing and retailing of jewellery products. The company caters primarily to domestic demand through its established distribution and retail channels.
Registrar & Intermediaries
| Book Running Lead Manager | Finshore Management Services Limited |
|---|---|
| Sponsor Bank | Kotak Mahindra Bank Limited |
| Registrar to the Issue | Maashitla Securities Private Limited |
Regulatory Disclosure
As per SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 2019, intermediaries are required to retain physical IPO application forms submitted by retail investors using UPI for six months and thereafter forward them to the issuer or registrar. Electronic application records must be maintained for a minimum period of three years.
Key Risks: Grover Jewells SME IPO
- Gold price volatility impacting margins
- Demand sensitivity to consumer discretionary spending
- SME post-listing liquidity constraints
- Execution and inventory management risks
Investor Suitability
This page is intended to provide an institutional-style understanding of the Grover Jewells IPO structure. Investors should evaluate official subscription data, business fundamentals, and risk factors before making participation decisions.
READ MORE: Brandman Retail IPO GMP Today: NSE Details, Subscription & Listing Outlook
Disclaimer
This content is for educational and informational purposes only. It does not constitute investment advice, solicitation or recommendation. All IPO-related information should be verified from official NSE SME disclosures and the company’s Red Herring Prospectus (RHP).
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