The Economic Times

Deepa Jewellers IPO Day 3: GMP falls to 13%, issue booked 6.55x. Should you subscribe?

The Deepa Jewellers IPO entered its final day of bidding with strong investor interest, while its grey market premium moderated from earlier levels. Brokerages remain positive on the issue, citing strong earnings growth, attractive valuations and expansion plans, though customer concentration and working-capital requirements remain key risks.