Grover Jewells IPO Date: Check GMP, Price Band & Listing Detail

Grover Jewells IPO Date

Grover Jewells IPO opens for subscription on 4 February 2026 and closes on 6 February 2026. That gives only a three-day window, which is pretty standard for NSE SME issues but still feels tight for anyone who likes to overthink every line of the RHP.

The tentative listing date is 11 February 2026 on NSE SME, so allotment and listing are also packed close together, leaving little time for suspense. Retail investors who plan to apply should ideally sort funds and brokerage limits in advance instead of scrambling on the last day. This one is fully fresh equity, so all proceeds are going into the company rather than to existing shareholders.

Grover Jewells IPO Details 

Grover Jewells IPO is a book-built SME issue of about ₹33.83–34 crore, entirely a fresh issue of 38,44,800 shares.

The ticket size is clearly on the higher side for typical small retail investors, which usually filters in more serious, higher-risk-tolerance applicants. For anyone tracking SME space, this looks like one of those “either fully avoid or fully commit” cases because of the big minimum outlay.

Grover Jewells IPO GMP

As of 31 January 2026, the Grover Jewells SME IPO GMP is flat at ₹0, with no meaningful premium or discount visible yet. The grey market trend has just about started, with only two sessions of data, so there is literally no clear direction on potential listing pop or weakness.

A zero GMP does not automatically mean a weak listing; it just means the informal market has not discovered a strong view yet. It is also important to remember that grey market trades are unregulated and mostly sentiment-driven, so they may change quickly once anchor interest and subscription numbers show up. Any decision purely on GMP at this stage would be more guessing than analysis.

About Grover Jewells

Grover Jewells Limited, incorporated in 2021, is a Delhi-headquartered gold jewellery maker focused on manufacturing and designing wholesale ornaments. The company deals in plain gold, studded, and semi-finished jewellery, mainly in 22K, 20K, and 18K, and sells both hallmarked and non-hallmarked products.

Its physical presence is currently through two showrooms in Karol Bagh and Chandni Chowk, which are classic high-footfall jewellery hubs. On the manufacturing side, operations are split into machine-made chains and casting jewellery, letting it cater to both high-volume demand and more fashion-forward designs.

Sales are internally tracked across three buckets: wholesale, retail, and consumer, and the company claims a B2B reach across roughly 20 Indian states along with exports to Australia and the UAE. As of 31 August 2025, Grover Jewells employed 68 people, which is lean for the scale it is targeting but typical for an SME in this segment.

For potential investors, the story sits at the intersection of traditional gold demand, organized branding, and SME-level risk interesting, but definitely not a casual punt.

Disclaimer 

All details about Grover Jewells IPO, including dates, price band, lot size and issue structure, are based on currently available public information and may change subject to regulatory or company updates. Investors should always verify the latest data from official documents like the RHP and consult financial advisors before investing.