Deepa Jewellers has set the price band for its Rs 459.72 crore IPO at Rs 168–177 per share. The issue will open for subscription on September 1 and close on September 3, with listing scheduled for September 8. The offer comprises a Rs 250 crore fresh issue and an OFS of 1.18 crore shares. The IPO’s P/E remains below industry peers.
Deepa Jewellers has set the price band for its Rs 459.72 crore IPO at Rs 168–177 per share. The issue will open for subscription on September 1 and close on September 3, with listing scheduled for September 8. The offer comprises a Rs 250 crore fresh issue and an OFS of 1.18 crore shares. The IPO’s P/E remains below industry peers.
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