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Grover Jewells Ltd

Registered Office : No C-44/5 1st Flr Lawrance Rd-,Industrial Area North West,New Delhi New Delhi 110035 Phone : +91 92180 12596
Fax :

Email : cs@groverjewells.com

Website : www.groverjewells.com

Initial public offer of up to 38,44,800 equity shares of face value of Rs.10/- each ("Equity Shares") of Grover Jewells Limited (the "Company" or the "Issuer") for cash at a price of Rs.88 per equity share, including a share premium of Rs.78 per equity share (the "Issue Price"), aggregating to Rs.33.83 crores ("the Issue"), of which 1,93,600 equity shares of face value of Rs.10/- each for cash at a price of Rs.88 per equity share, aggregating to Rs.1.70 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e., issue of up to 36,51,200 equity shares of face value of Rs.10/- each for cash at a price of Rs.88 per equity share, aggregating to Rs.32.13 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 88 per equity share of face value Rs. 10/- each. The floor price is 8.8 times of the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.

Issue

Opens On

Closes On

04-Feb-2026

06-Feb-2026

Money Payable On

Application

Allotment

88.00

0.00

Minimum Application for shares in Nos : 3200.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

29.84

33.83

14.51

88.00

Finshore Management Services Limited

Projects

Working Capital Requirements

General Corporate Expenses

Promoted By

Deepak Kumar Grover

Lavkesh Kumar Grover

Bhawna Grover

Listing At

NSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd