Deepa Jewellers Files IPO Papers with Sebi to Raise ₹250 Crore

• Deepa Jewellers has filed preliminary papers with Sebi for an Initial Public Offering (IPO).
• The IPO comprises a fresh issue of ₹250 crore and an Offer for Sale by promoters Ashish Agarwal and Seema Agarwal.
• Proceeds from the fresh issue will fund long-term working capital for inventory and general corporate purposes.
• The Hyderabad-based company is a B2B hallmarked gold jewellery designer and supplier, operating across 13 states.
• Deepa Jewellers reported ₹1,397 crore revenue and ₹40.5 crore net profit in FY25.

Why It Matters: Deepa Jewellers seeks ₹250 crore via IPO to boost working capital and expand operations.