Mumbai: Deepa Jewellers Limited, which is an organized B2B designer, processor and supplier of hallmarked gold jewellery, primarily having operations in Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala, listed at Rs 221 on the exchange, a premium of 24.9% to IPO price.

The scrip reached a high of Rs 222.10 on the BSE, and Rs 222 on the NSE. The scrip closed at Rs 194.30 on the BSE, and at Rs 194.70 on the NSE.

As per NSE, the total quantity traded stood at 509.32 lakh shares, on BSE the total Quantity stood at 35.07 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1108.5 crore.

The market capitalisation of the Company at today’s closing price stood at Rs 1,867.70 crore as per BSE, and Rs 1,871.54 crore as per NSE.

The issue received bids of 78,91,06,332 equity shares against the offered 1,85,20,085 equity shares, according to data available on the stock exchanges.

Qualified Institutional Buyers (QIB) and Retail Portion were subscribed 37.01 times and 18.55 times, respectively. Non-Institutional Investors (NII) portion was subscribed 105.96 times.