{"id":60781,"date":"2026-02-04T11:04:25","date_gmt":"2026-02-04T05:34:25","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=60781"},"modified":"2026-02-04T11:08:47","modified_gmt":"2026-02-04T05:38:47","slug":"grover-jewells-ipo-gmp-subscriptions-day-1","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/","title":{"rendered":"Grover Jewells IPO Day 1: Subscription at 0.23x, GMP Flat | Live Updates"},"content":{"rendered":"<p>The <strong>Grover Jewells IPO GMP <\/strong>is \u20b90 as of 4th February 2026. It is a Book Building issue IPO of \u20b933.83 crores. This is an entirely fresh issue of 0.38 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 11th February 2026. The face value of Grover Jewells IPO shares is \u20b910 per share, and the IPO price band is \u20b983 to \u20b988 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth \u20b92,81,600. Scroll down to check the Grover Jewells IPO GMP and subscription details.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Grover_Jewells_IPO_GMP_Grey_Market_Premium\" title=\"Grover Jewells IPO GMP Grey Market Premium\">Grover Jewells IPO GMP Grey Market Premium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Grover_Jewells_IPO_Subscription_Status\" title=\"Grover Jewells IPO Subscription Status\">Grover Jewells IPO Subscription Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Grover_Jewells_IPO_Details\" title=\"Grover Jewells IPO Details\">Grover Jewells IPO Details<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#About_Grover_Jewells_Ltd\" title=\"About Grover Jewells Ltd.\">About Grover Jewells Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Grover_Jewells_Limited_Financials\" title=\"Grover Jewells Limited Financials\">Grover Jewells Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Explanation-2\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Grover_Jewells_IPO_Objectives\" title=\"Grover Jewells IPO Objectives\">Grover Jewells IPO Objectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Grover_Jewells_IPO_Registrar\" title=\"Grover Jewells IPO Registrar\">Grover Jewells IPO Registrar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Grover_Jewells_IPO_Review\" title=\"Grover Jewells IPO Review\">Grover Jewells IPO Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#FAQs_on_Grover_Jewells_IPO\" title=\"FAQs on Grover Jewells IPO\">FAQs on Grover Jewells IPO<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#What_is_the_Grover_Jewells_IPO_GMP\" title=\"What is the Grover Jewells IPO GMP?\">What is the Grover Jewells IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#What_is_the_issue_price_of_the_Grover_Jewells_IPO\" title=\"What is the issue price of the Grover Jewells IPO?\">What is the issue price of the Grover Jewells IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Who_is_the_registrar_of_the_Grover_Jewells_IPO\" title=\"Who is the registrar of the Grover Jewells IPO?\">Who is the registrar of the Grover Jewells IPO?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/grover-jewells-ipo-gmp-subscriptions-day-1\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Grover_Jewells_IPO_GMP_Grey_Market_Premium\"><\/span><strong>Grover Jewells IPO GMP Grey Market Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As mentioned earlier, the <strong>Grover Jewells IPO GMP <\/strong>currently stands at \u20b90.00 per share. Thus, the estimated listing price would be at \u20b988.00. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for <strong>Grover Jewells<\/strong> <strong>IPO GMP<\/strong> updates.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>GMP DATE<\/strong><\/td><td><strong>IPO Price<\/strong><\/td><td><strong>GMP Price<\/strong><\/td><td><strong>Estimated Listing Price<\/strong><\/td><td><strong>Estimated Gain<\/strong><\/td><\/tr><tr><td><strong>4-2-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>3-2-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>2-2-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>1-2-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>31-01-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>30-01-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>29-01-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>28-01-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>27-01-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>26-01-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>25-01-2026<\/strong><\/td><td>\u20b988.00<\/td><td>\u20b90.00<\/td><td>\u20b988.00<\/td><td>0.00%<\/td><\/tr><\/tbody><\/table><\/figure><p><em>Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Grover Jewells IPO GMP status at Univest.<\/em><\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Live Updates on Grover Jewells IPO <\/em><\/strong><strong>GMP Status<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Grover_Jewells_IPO_Subscription_Status\"><\/span><strong>Grover Jewells IPO Subscription Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As of now, the Grover Jewells IPO has been subscribed to 0.23 times. Of these, 0.18 times are subscribed by retail investors, 0.64 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).&nbsp;&nbsp;<\/p><p>The healthy subscription status indicates that investors are expecting higher returns at the time of Grover Jewells&#8217; IPO listing on 11th February 2026. Grover Jewells also has a positive outlook behind the fresh issue of 0.38 crore shares, which will raise around Rs 33.83 crores.<\/p><p><strong><em>Note:<\/em><\/strong><em> GMP details are subject to change based on market conditions and fluctuations. Check the live Grover Jewells IPO Subscription status at Univest.<\/em><\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Live Updates on Grover Jewells IPO Subscription<\/em><\/strong><strong> Status<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Grover_Jewells_IPO_Details\"><\/span><strong>Grover Jewells IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>9th February 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>4th January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>6th February 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>10th February 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>38,44,800 shares(agg. up to \u20b934 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>1,600 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b983 to \u20b988 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>NSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>11th February 2026<\/td><\/tr><\/tbody><\/table><\/figure><p><strong><em>Also Read: <\/em><\/strong><a href=\"https:\/\/univest.in\/blogs\/kanishk-aluminium-india-ipo-gmp-review\"><strong><em>Grover Jewells IPO GMP &amp; Review: Apply or Avoid?<\/em><\/strong><\/a><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Grover Jewells IPO<\/strong>: Grover Jewells IPO Limited has declared an issue price band of \u20b983 to \u20b988 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 3,200 share, each worth \u20b92,81,600. The face value of Grover Jewells IPO Limited shares is \u20b910 per share. The shares of Grover Jewells IPO Limited will be listed on NSE and SME on its tentative listing day, 11th February 2026. Scroll down to check GMP updates and <strong>Grover Jewells IPO <\/strong>reviews.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Grover_Jewells_Ltd\"><\/span><strong>About Grover Jewells Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Grover Jewells Limited was established in 2021. Grover Jewells Limited is involved in the manufacturing and designing of a wide range of wholesale gold jewelry. The product range of the company includes plain gold, studded, and semi-finished jewelry, mainly available in 22 Karat, 20 Karat, and 18 Karat. The company also provides hallmarked and non-hallmarked jewellery through its two showrooms situated at Karol Bagh, New Delhi, and Chandni Chowk, Delhi. The company operates through two major business segments: machine-made chain manufacturing and casting jewellery production, which helps the company meet both bulk orders and modern fashion-based designs with quality and on-time delivery. To facilitate its business operations, Grover Jewells Limited divides its sales into three divisions: wholesale sales, retail sales, and consumer sales. The company is headquartered in Delhi and has developed a robust B2B network in around 20 states in India. The company has also extended its global presence with exports to Australia and the U.A.E.<\/p><p><strong>Also Read-<em><a href=\"https:\/\/univest.in\/blogs\/pan-hr-solutions-ipo-review\">PAN HR Solutions IPO Review<\/a><\/em><\/strong><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Grover_Jewells_Limited_Financials\"><\/span><strong>Grover Jewells Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for the<strong> Grover Jewells IPO. <\/strong>See the table for Grover Jewells Limited&#8217;s financials.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>31st Oct 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>67.51<\/td><td>29.85<\/td><td>13.91<\/td><td>11.71<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>473.22<\/td><td>460.95<\/td><td>258.00<\/td><td>255.11<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>10.45<\/td><td>7.62<\/td><td>2.78<\/td><td>2.71<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>14.62<\/td><td>11.26<\/td><td>4.71<\/td><td>4.10<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>27.14<\/td><td>16.69<\/td><td>9.07<\/td><td>6.29<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>16.48<\/td><td>14.03<\/td><td>6.41<\/td><td>3.63<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>28.30<\/td><td>9.34<\/td><td>4.17<\/td><td>3.74<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation-2\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Grover Jewells Limited&#8217;s revenue increased by 16.99% from \u20b9258.00 crores in March 2024 to \u20b9301.85 crores in March 2025. Moreover, the company&#8217;s PAT increased by 174.10% from \u20b92.78 crores in March 2024 to \u20b97.62 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Grover_Jewells_IPO_Objectives\"><\/span><strong>Grover Jewells IPO Objectives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The primary aim of the <strong>Grover Jewells IPO<\/strong> is to raise \u20b933.83 crores. On the other hand, Grover Jewells has decided to utilise these funds in different ways.<\/p><ul class=\"wp-block-list\"><li>To Working Capital Requirements<\/li>\n\n<li>To General Corporate Expenses.<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Grover_Jewells_IPO_Registrar\"><\/span><strong>Grover Jewells IPO Registrar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Maashitla Securities Private Limited is the registrar for the Grover Jewells IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Grover Jewells allotment and refund, you can contact Maashitla Securities Private Limited at <a href=\"mailto:info@bigshareonline.com\">info@bigshareonline.com<\/a> or at +91-22-6263 8200.<\/p><p><strong><em>Download the <\/em><\/strong><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest iOS App<\/em><\/strong><\/a><strong><em> or <\/em><\/strong><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest Android App<\/em><\/strong><\/a><strong><em> to get daily stock recommendations and insightful research pieces!<\/em><\/strong>&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Grover_Jewells_IPO_Review\"><\/span><strong>Grover Jewells IPO Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The <strong>Grover Jewells IPO <\/strong>has gained neutral ratings from industry experts, brokers, and institutional investors. Grover Jewells Limited&#8217;s revenue increased by 16.99% from \u20b9258.00 crores in March 2024 to \u20b9301.85 crores in March 2025. Moreover, the company&#8217;s PAT increased by 174.10% from \u20b92.78 crores in March 2024 to \u20b97.62 crores in March 2025.<\/p><p>Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we\u2019re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company&#8217;s technical analysis to know whether you should apply for the <strong>Grover Jewells IPO <\/strong>or not.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Key Indicators<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/price-to-earnings-ratio-p-e-ratio\"><strong>PE Ratio (Price-to-Earnings)<\/strong><\/a><strong>&nbsp;<\/strong><\/td><td>12.31<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/earnings-per-share-eps-formula\"><strong>EPS (Earnings Per Share)<\/strong><\/a><\/td><td>7.15<\/td><\/tr><tr><td><strong>RoNW<\/strong><\/td><td>38.52%<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/return-on-capital-employed\"><strong>ROCE<\/strong><\/a><\/td><td>30.62%<\/td><\/tr><tr><td><strong>ROE<\/strong><\/td><td>&#8211;<\/td><\/tr><tr><td><strong>EBITDA Margin<\/strong><\/td><td>3.09%<\/td><\/tr><tr><td><strong>Price to Book Value<\/strong><\/td><td>3.46<\/td><\/tr><tr><td><strong>Market Capitalisation<\/strong><\/td><td>\u20b9127.66 Cr<\/td><\/tr><\/tbody><\/table><\/figure><p>The P\/E ratio of Grover Jewells Limited shares is 12.31, and its Earnings Per Share (EPS) stands at 7.15. Thus, the <strong>Grover Jewells IPO<\/strong> can deliver gains on its tentative listing date, 11th February 2026.&nbsp;<\/p><p><strong><em>Note<\/em><\/strong><em>: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Grover Jewells Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.&nbsp;<\/em><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indicators<\/strong><\/td><td><strong>Pre-IPO<\/strong><\/td><td><strong>Post-IPO<\/strong><\/td><\/tr><tr><td><strong>PE Ratio<\/strong><\/td><td>12.31<\/td><td>7.12<\/td><\/tr><tr><td><strong>EPS&nbsp;<\/strong><\/td><td>7.15<\/td><td>12.35<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Grover_Jewells_IPO\"><\/span><strong>FAQs on Grover Jewells IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Grover_Jewells_IPO_GMP\"><\/span><strong>What is the Grover Jewells IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Currently, on 4th February 2026, the <strong>Grover Jewells IPO GMP<\/strong> (Grey Market Premium) stands at \u20b90. This indicates that the estimated listing price could be \u20b988.00 per share.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_issue_price_of_the_Grover_Jewells_IPO\"><\/span><strong>What is the issue price of the Grover Jewells IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The Grover Jewells IPO issue price band is set at \u20b983 to \u20b988 per share.&nbsp;<\/p><p>Retail investors can apply for a minimum of 2 lots, each consisting of 3,200 shares, worth \u20b92,81,600. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth \u20b94,22,400.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_the_registrar_of_the_Grover_Jewells_IPO\"><\/span><strong>Who is the registrar of the Grover Jewells IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Maashitla Securities Private Limited is the registrar for the Grover Jewells IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Grover Jewells allotment and refund, you can contact Maashitla Securities Private Limited at <a href=\"mailto:info@bigshareonline.com\">info@bigshareonline.com<\/a> or at +91-22-6263 8200.<\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Grover Jewells IPO, download the Grover Jewells IPO RHP and Grover Jewells IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/ckk-retail-mart-ipo-gmp-subscription-day-3\">CKK Retail Mart IPO Day 3: 0.92x Subscribed as GMP Stays Flat \u2014 Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/ckk-retail-mart-ipo-allotment-status\">CKK Retail Mart IPO Allotment Status: 0.92x Subscribed, GMP Flat \u2014 Check Online<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/biopol-chemicals-ipo-review\">Biopol Chemicals IPO Review 2026: GMP Steady, Key Investor Insights<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/pan-hr-solutions-ipo-review\">PAN HR Solutions IPO Review 2026: GMP Steady, Key Investor Insights<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/kasturi-metal-ipo-listing-today\">Kasturi Metal IPO Listing Today: IPO Flat at \u20b964, Subscribed 17.75x<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The Grover Jewells IPO GMP is \u20b90 as of 4th February 2026. It is a Book Building issue IPO of \u20b933.83 crores. This is an entirely fresh issue of 0.38 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 11th February 2026. The face value of Grover Jewells<\/p>\n","protected":false},"author":28,"featured_media":60782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015,1352,3806],"class_list":["post-60781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo","tag-ipo-gmp","tag-ipo-subscription"],"metadata":{"_edit_lock":["1770183603:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["75"],"rank_math_title":["Grover Jewells IPO GMP Day 1: Subscription at 0.23x, GMP Flat"],"rank_math_description":["Grover Jewells IPO GMP Day 1 sees muted demand with just 0.23x subscription. GMP remains flat. Check the latest subscription and grey-market updates. 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