SmeNSECLOSED
Grover Jewells IPO
₹83 – ₹83 · Issue Size ₹33.83 CrIPO Overview
Business Model
Competitive Advantages
- Integrated In-House Production Facility
- Our in-house manufacturing setup provides comprehensive control over every stage of jewellery production, from
- The strategic benefits of this model extend beyond quality assurance. Centralized operations enhance management
IPO Timeline
Objects of the Issue
| Purpose | Amount |
|---|---|
| Proceeds or s whichever is lower. | ₹10 Cr |
Risk Factors
ANCHOR BID OPENS ON: February 03,low
Strengths & Weaknesses
Strengths
- Integrated In-House Production Facility
- Our in-house manufacturing setup provides comprehensive control over every stage of jewellery production, from
- The strategic benefits of this model extend beyond quality assurance. Centralized operations enhance management
Management & Promoters
S
Sl. No. Particulars DetailsDirector
Q
Qualification Under GraduateDirector
O
Other Ventures Deepak Grover HUFDirector
L
Lavkesh Kumar HUFDirector
O
Other Ventures NilDirector
B
Bhawna GroverExecutive Director
L
Lavkesh Kumar GroverDirector
D
Deepak Kumar GroverManaging Director
Peer Comparison
| Company | P/E | EPS |
|---|---|---|
| Grover Jewells IPO | — | — |
| A.J.C Bose Road Kolkata- West Bengal India | — | — |
| Telephone: – / | 33.0x | — |
| Krishna Apra Business Square Netaji Subhash Place Pitampura | — | — |
| Telephone: +-- / - | 91.0x | — |
Pre-IPO Financials
| Period | Revenue (Cr) | PAT (Cr) | Net Worth (Cr) | Total Assets (Cr) |
|---|---|---|---|---|
| 2023 | ₹0.19 Cr | ₹0.58 Cr | ₹0.01 Cr | ₹8.6 Cr |
| October 2025 | ₹0.2 Cr | ₹10.45 Cr | ₹10.66 Cr | ₹67.51 Cr |
| March 2025 | ₹0.01 Cr | ₹7.62 Cr | ₹2.67 Cr | ₹29.85 Cr |
| March 2024 | — | ₹2.78 Cr | ₹2.67 Cr | ₹13.91 Cr |
| March 2023 | — | ₹2.71 Cr | ₹2.67 Cr | ₹11.71 Cr |
About
Grover Jewells Limited was incorporated in 2021 and started a business of designing and manufacturing a wide range of gold jewellery for the wholesale market. Further, the company’s 22,20 and 18 karat gold provide plain gold, studded, and semi-finished jewellery. Moreover, It sells both hallmarked and non-hallmarked jewellery through its two showrooms, which are located in Karol Bagh and Chandni Chowk in Delhi.
| Exchange | NSE |
| Issue Type | sme |
| Face Value | ₹10 per share |
Documents
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