Grover Jewells Limited IPO Details
Factual IPO information from public filings. Not investment advice.
IPO Details
Price Band
₹83 - ₹881600 Shares
Lot Size
1,600 Shares
Total Issue Size
₹33.83 Cr38,44,800 Shares
Fresh Issue
₹33.83 Cr38,44,800 Shares
Offer for Sale
TBA0
Face Value
₹10
Listing At
NSE SME
Lot Size & Investment Limits
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 3200 | 281600 |
| sHNI | 3 | 4800 | 422400 |
| bHNI | 8 | 12800 | 1126400 |
Financial Performance
Figures in ₹ Crores unless specified
| Metric | Oct-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 67.51 | 29.85 | 13.91 | 11.71 |
| Total Income | 473.22 | 460.95 | 258 | 255.11 |
| PAT | 10.45 | 7.62 | 2.78 | 2.71 |
| EBITDA | 14.62 | 11.26 | 4.71 | 4.1 |
| Net Worth | 27.14 | 16.69 | 9.07 | 6.29 |
| Reserves | 16.48 | 14.03 | 6.41 | 3.63 |
| Total Borrowing | 28.3 | 9.34 | 4.17 | 3.74 |
Key Performance Indicators
| KPI | Oct-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| ROE (%) | - | - | - | - |
| ROCE (%) | 30.62 | 45 | 28.73 | 36.52 |
| EPS (₹) | 9.8 | 7.15 | 2.61 | 2.54 |
| P/E (Pre) | 12.31 | - | - | - |
| P/E (Post) | 7.12 | - | - | - |
About Grover Jewells Limited
Grover Jewells Limited manufactures wholesale gold jewellery across chains and casting segments with exports to UAE and Australia.
Company Information
Registered Address
House No C-44/5, 1st Floor Lawrance Road Industrial Area, Keshavpuram, Delhi 110035
Lead Managers
- Finshore Management Services Limited
Market Maker
Anant Securities
Company Strengths (from RHP)
- ✓Integrated in-house manufacturing
- ✓Experienced promoters and management
- ✓Diversified jewellery portfolio
Key Risks (from RHP)
- ⚠Dependence on leased properties
- ⚠Gold price volatility
- ⚠Geographic revenue concentration