Grover Jewells IPO
Grover Jewells IPO is a book-built issue of ₹33.83 crore, entirely a fresh issue of 0.38 shares. The IPO opens for subscription from Feb 4, 2026, to Feb 6, 2026, on NSE SME with a tentative listing date of Feb 11, 2026. The price band is ₹83 to ₹88 per share, with a lot size of 1,600 shares. The minimum investment required by a retail investor is ₹281,600 (3,200 shares).
Company Background
Grover Jewells Ltd. was incorporated in 2021 as a manufacturing and designing company specializing in wholesale gold jewellery. Its diversified portfolio includes plain, studded, and semi-finished jewellery in 22K, 20K, and 18K. Non-hallmark jewellery is also offered through showrooms in Karol Bagh and Chandni Chowk, Delhi. Within a few years, Grover Jewells has established a strong market network, serving both domestic and international markets.
