Grover Jewells IPO GMP: Latest Update, Price Band, Dates, Lot Size & Investment Guide

The Grover Jewells IPO GMP remains in sharp focus among SME IPO investors as the company gears up for its public issue in February 2026. Grover Jewells Limited plans to raise ₹33.83 crores through a book-built IPO, entirely via a fresh issue of equity shares. Early grey market signals indicate rising investor interest across retail and HNI categories.

Tracking the Grover Jewells IPO GMP today helps investors assess market sentiment and potential listing performance ahead of the debut on the NSE SME platform.

 Grover Jewells IPO Overview

The Grover Jewells IPO consists of 0.38 crore fresh equity shares, aggregating to ₹33.83 crores. Since there is no Offer for Sale (OFS), the entire proceeds will be deployed for business expansion and operational strengthening, which is considered a positive sign for long-term growth.

IPO Type: Book Built SME Issue
Issue Size: ₹33.83 Crores
Fresh Issue: 0.38 Crore Equity Shares
Listing Platform: NSE SME

Grover Jewells IPO Dates & Schedule

Here are the key dates investors should track:

 IPO Opening Date: February 4, 2026
 IPO Closing Date: February 6, 2026
 Basis of Allotment: February 9, 2026
 Tentative Listing Date: February 11, 2026
 Stock Exchange: NSE SME

Investors tracking the Grover Jewells IPO GMP usually monitor grey market activity before and during the subscription period to understand demand momentum.

Grover Jewells IPO Price Band, Lot Size & Investment Details

The company has fixed a competitive price band, making the IPO accessible to high-ticket retail investors.

Price Band: ₹83 – ₹88 per share

 Retail Investors

 Lot Size: 1,600 Shares
 Minimum Application: 2 Lots (3,200 Shares)
 Minimum Investment: ₹2,81,600

 HNI / NII Investors

 Minimum Application: 3 Lots (4,800 Shares)
 Investment Amount: ₹4,22,400

 Grover Jewells IPO GMP Today – Latest Grey Market Trend

The Grover Jewells IPO GMP today indicates the unofficial premium at which shares are traded in the grey market before listing. A positive Grover Jewells IPO GMP generally reflects strong demand and optimistic listing expectations, while weak GMP suggests cautious sentiment.

Although early trends show increasing interest, investors should remember that IPO GMP is speculative and volatile. It can fluctuate rapidly based on market conditions, subscription data, and overall sentiment.

Important Note: IPO GMP should be considered only as a directional indicator, not as a guarantee of listing gains.

Should You Consider Grover Jewells IPO?

Investors may evaluate the IPO based on the following factors:

 Company fundamentals and financial performance
 Jewellery industry outlook
 Grover Jewells IPO GMP trends
 SME market sentiment
 Individual risk appetite and financial goals

Conducting due diligence before investing remains essential.

FAQs – Grover Jewells IPO GMP

Q1. What is Grover Jewells IPO GMP?
Ans: Grover Jewells IPO GMP refers to the grey market premium at which shares trade unofficially before listing, offering insight into expected listing performance.

Q2. Is Grover Jewells IPO a fresh issue?
Ans: Yes, it is a 100% fresh issue of 0.38 crore equity shares, with no OFS component.

Q3. When will Grover Jewells IPO open?
Ans: The IPO will open on February 4, 2026, and close on February 6, 2026.

Q4. Where will Grover Jewells IPO be listed?
Ans: The IPO will be listed on the NSE SME platform.

Q5. What is the minimum investment required for retail investors?
Ans: Retail investors must apply for 3,200 shares, requiring an investment of ₹2,81,600 at the upper price band.

Q6. Does IPO GMP guarantee listing profits?
Ans: No. Grover Jewells IPO GMP does not guarantee profits. Actual listing performance depends on market conditions, subscription demand, and company fundamentals.