The Deepa Jewellers IPO enters its second bidding day with 87% subscription on Day 1 and a 25% GMP, indicating strong investor sentiment. Priced at Rs 168–177, the Rs 459.72-crore issue benefits from robust FY26 growth, with profit rising 158%. Analysts highlight attractive valuation, expansion plans and favourable jewellery-market prospects.
The Deepa Jewellers IPO enters its second bidding day with 87% subscription on Day 1 and a 25% GMP, indicating strong investor sentiment. Priced at Rs 168–177, the Rs 459.72-crore issue benefits from robust FY26 growth, with profit rising 158%. Analysts highlight attractive valuation, expansion plans and favourable jewellery-market prospects.
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