Grover Jewells IPO

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We do proprietary trading

Grover Jewells IPO Dates & Timeline

04 Feb, 2026

Opening date

06 Feb, 2026

Closing date

09 Feb, 2026

Basis of allotment

10 Feb, 2026

Initiation of refunds

10 Feb, 2026

Credit of shares

11 Feb, 2026

Listing date

About Grover Jewells IPO: Company Overview

Grover Jewells Limited was incorporated in 2021 and is engaged in the manufacturing and designing of wholesale gold jewellery. The company offers a wide range of products including plain gold jewellery, studded jewellery, and semi-finished jewellery in 22 Karat, 20 Karat, and 18 Karat categories. Its portfolio includes both hallmarked and non-hallmarked jewellery. The company operates through two main production segments—machine-made chain manufacturing and casting jewellery production. This allows Grover Jewells to cater to bulk wholesale demand as well as modern, design-focused jewellery requirements with consistent quality and timely delivery. Grover Jewells has a presence in wholesale, retail, and consumer sales. It operates two showrooms located in Karol Bagh and Chandni Chowk, Delhi. Headquartered in Delhi, the company has built a strong B2B network across nearly 20 Indian states and has also expanded internationally through exports to Australia and the UAE. As of August 31, 2025, the company employed 68 people.

Strengths & Risks of Grover Jewells IPO

Diversified Product Portfolio: Grover Jewells offers a wide range of gold jewellery including plain, studded, and semi-finished products in 22K, 20K, and 18K categories. This diversified portfolio helps the company cater to both traditional and modern jewellery demand.

Consistent Financial Growth: The company has reported steady growth in total income, EBITDA, and profit after tax over recent years, reflecting improving business scale and operational performance.

Strong Distribution Network: Grover Jewells has an established wholesale presence across nearly 20 Indian states along with export operations in Australia and the UAE, providing geographical diversification and revenue stability.

Improving Profit Margins: The improvement in EBITDA and PAT margins indicates better cost control and operational efficiency in recent financial periods.

Grover Jewells Financials: Revenue, Profit & EBITDA

473.22 Cr.

Oct'25

How to Apply for Grover Jewells IPO: Step-by-Step Guide

Research the IPO:Review the prospectus and company details.

Open accounts:Ensure you have a demat and trading account.

Check dates:Note the IPO opening and closing dates.

Apply online:Log in to your brokerage account and complete the IPO application form.

Make payment:Pay through your linked bank account.

Submit application:Confirm and submit your application.

Track status:Monitor the allotment status and check for shares in your demat account upon listing.

FAQs: Grover Jewells IPO

Q1. What is Grover Jewells IPO?

Q2. When will the Grover Jewells IPO open and close?

Q3. What is the price band of Grover Jewells IPO?

Q4. What is the minimum investment for retail investors?

Q5. On which exchange will Grover Jewells IPO be listed?

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