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Deepa Jewellers Limited, incorporated 2016 and based in Hyderabad, is a wholesaler and trader of gold and diamond jewellery, offering traditional and contemporary designs across 16 product categories including vaddanam, gundlamala haaram, jada and mangtika. Operations concentrated in Southern India (94.37% of FY26 revenue). Serves 373 customers across 13 states via 47 jewellery retail chains and 326 standalone stores. Major customers include Joyalukkas, Kalyan Jewellers and Lalithaa Jewellery Mart. Revenue Rs 1,927.73 Cr (2026) vs Rs 1,400.10 Cr (2025); PAT Rs 104.79 Cr vs Rs 40.58 Cr. Final subscription: 42.61x overall (NII 105.96x, QIB 37x, RII 18.55x). Listed Sep 8, 2026: NSE Rs 221 (+24.86%), BSE Rs 221.05 (+24.89%); market cap ~Rs 1,970 Cr.