Deepa Jewellers Files IPO Papers for Rs 250 Cr Fresh Issue; Promoters to Sell Shares

• Telangana-based Deepa Jewellers filed IPO papers with SEBI for a fresh issue of Rs 250 crore.
• The IPO includes an Offer-for-Sale where promoters Ashish Agarwal and his wife will sell up to 1.18 crore equity shares.
• Rs 215 crore from the fresh issue will fund long-term working capital for inventory, with remaining for general corporate purposes.
• Deepa Jewellers is a B2B hallmarked gold jewellery designer, processor, and supplier operating across South India.
• The company reported a profit of Rs 40.6 crore (up 66.7%) and revenue of Rs 1,397 crore (up 36.3%) for FY25.

Why It Matters: Deepa Jewellers seeks Rs 250 crore via IPO for working capital, showing strong financial growth.