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CNBC Awaaz31-12-2025, 07:19

Deepa Jewellers Files for IPO Amidst Record Gold-Silver Surge

  • Hyderabad-based Deepa Jewellers filed IPO documents with SEBI for a fresh issue of ₹250 crore and an OFS.
  • Funds from the ₹215 crore fresh issue will support long-term working capital for inventory and general corporate needs.
  • Established in 2016, the company is a B2B designer and supplier of hallmarked gold jewelry, operating across 5 southern states.
  • As of Nov 2025, it served 315 customers across 13 states and 1 UT, offering 14 products and 76 SKUs.
  • Reported FY25 revenue of ₹1,397 crore and a net profit of ₹40.5 crore.

Why It Matters: Deepa Jewellers seeks IPO funds to expand operations amidst a booming gold and silver market.

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