Start your Trading & Investing Journey with us

Join our channel for Daily Free Trades with Live analysis on Youtube, Trade Setup with Important Levels, and Important Stock Market Updates

Grover Jewells IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Grover Jewells Limited Day Wise IPO GMP Trend
GMP Date Issue Price Expected Listing Price GMP Last Updated
January 30, 2026 ₹ 88 ₹ 88 ₹0(0.0%) 30 January 2026; 11:08 AM

Grover Jewells Limited IPO GMP

Grover Jewells Limited is engaged in the design, manufacture and wholesale supply of gold jewellery, primarily catering to B2B jewellers. The company earns revenue through sale of handcrafted and machine-made gold ornaments, including rings, bangles and necklaces. Its products are used for retail jewellery sales and wedding demand, with a focus on traditional Indian designs and consistent purity standards.

Grover Jewells, an Book Built Issue, amounting to ₹ 33.83 Crore,consisting entirely an Fresh Issue of 0.38 crore shares of 33.83 Crore,The subscription period for the Grover Jewells IPO opens on February 04, 2026,  and closes on February 06, 2026, The allotment is expected to be finalized on or about Monday, February 09, 2026,  and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, February 11, 2026, 


The Share Price Band of Grover Jewells IPO is set at ₹83 to ₹88 per share  per equity share. The Market Capitalisation of the Grover Jewells at IPO price of ₹88 per equity share will be ₹127.66 Cr. The lot size of the IPO is 1600 shares. Retail investors are required to invest a minimum of  281,600 2 lots (3200 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 3 lots ( 4800 shares), amounting to  422,400​​​​​​​.

FINSHORE MANAGEMENT SERVICES LIMITED are the book running lead manager of the Grover Jewells Ltd. while MAASHITLA SECURITIES PRIVATE LIMITED is the registrar for the issue,The Market Maker of the company is Anant Securities.

Grover Jewells Limited IPO GMP Today
The Grey Market Premium of Grover Jewells IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Grover Jewells Limited IPO Live Subscription Status Today: Real-Time Update
The subscription period for the Grover Jewells IPO opens on February 04, 2026

Grover Jewells Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Grover Jewells IPO allotment date is Monday, February 09, 2026, Grover Jewells IPO Allotment will be out on Monday, February 09, 2026,and will be live on Registrar Website from the allotment date.
MAASHITLA SECURITIES PRIVATE LIMITED IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Grover Jewells IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Grover Jewells Limited IPO
Grover Jewells 
to utilise the Net Proceeds towards the following objects:
1. ₹2,534.08 Lakh is required for Working Capital Requirements
2. General Corporate Purposes.

Refer to Grover Jewells Limited RHP for more details about the Company.

© 2022 CA Abhay Varn. All Rights Reserved Abhayvarn.com