Grover Jewells IPO
Jewellery / Gems - Listed on 11 February 2026
Grover Jewells IPO listing summary
Grover Jewells (Jewellery / Gems) closed its IPO window in 2026 and listed on NSE and BSE on 11 February 2026 at an upper band issue price of Rs 88, opening at Rs 96 for a listing gain of +9.1% and closing day one at Rs 100.8 (+14.6% on closing basis). The IPO was subscribed 19.24x overall - QIB 11.32x, HNI/NII 37.92x, Retail 15.74x. The total issue size was Rs 33.83 Cr (Fresh Issue Rs 33.83 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Grover Jewells IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 2 | +2.27% |
| Day 2 | Rs 2 | +2.27% |
| Day 3 | Rs 3 | +3.41% |
| Day 4 | Rs 3 | +3.41% |
| Day 5 | Rs 4 | +4.55% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Grover Jewells IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Grover Jewells IPO - FAQs
What was the listing gain of Grover Jewells IPO?
Grover Jewells IPO listed at +9.1% versus the upper issue price of Rs 88 on 11 February 2026.
How many times was Grover Jewells IPO subscribed?
Grover Jewells IPO was subscribed 19.24x overall. QIB portion was subscribed 11.32x, HNI / NII 37.92x and Retail 15.74x.
What was the IPO GMP for Grover Jewells?
IPO GMP started at Rs 2 on Day 1 and moved to Rs 4 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.