Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |

Navkkar Gold & Diamond Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on February 27, 2026 to raise funds through Initial Public Offer (IPO).
Navkkar Gold & Diamond Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.19 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Wealth Mine Networks Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Navkkar Gold & Diamond IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 19,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 19,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 4,20,00,000 shares |
| Share Holding Post Issue | 4,39,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Feb 27, 2026 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Issue Size |
| NII Shares Offered | 50% of the Issue Size |
Navkkar Gold & Diamond Ltd. is engaged in the manufacturing and retail of gold, diamond, and silver jewellery, as well as gold and silver coins, utensils, and other artefacts. Over the years, the company has expanded its operations with a strong focus on understanding customer preferences and offering jewellery designs that align with evolving market trends.
It markets its jewellery products under the brands “Navkkar Jewellers” and “Blencci.” Its product portfolio includes a wide variety of jewellery such as rings, earrings, pendants, bracelets, chains, necklaces, bangles, mangalsutras, tikkas, naths, anklets, and other ornaments. The company also offers traditional and specialised jewellery, including kundan, jadau, Italian, and pokli styles, catering to bridal, traditional, and contemporary customer segments. Additionally, the company also provides customization services that allow customers to personalise jewellery designs according to their preferences.
As of the date of this Draft Prospectus, its Company operates four retail showrooms: “Navkkar Jewellers,” “Navkkar Jewellers – The Silver Stores,” “Navkkar Bridal,” and “Blencci – A Navkkar Product (Diamond).”
All the products are hallmarked by the Bureau of Indian Standards (BIS), ensuring authenticity and purity. The business primarily serves B2C customers through its retail network, offering a broad selection of jewellery suitable for various age groups and occasions.
Competitive Strengths
| Period Ended | 31 Oct 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 59.69 | 39.93 | 35.49 | 31.28 |
| Total Income | 89.84 | 81.66 | 70.80 | 65.60 |
| Profit After Tax | 6.10 | 3.70 | 2.22 | 1.89 |
| EBITDA | 9.99 | 7.37 | 5.68 | 5.42 |
| NET Worth | 22.46 | 5.41 | 1.72 | 13.62 |
| Reserves and Surplus | 18.26 | 5.31 | 1.62 | |
| Total Borrowing | 23.04 | 25.61 | 25.85 | 9.86 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions; | 15.00 |
| 2 | Funding the working capital requirements of our Company | 11.00 |
| 3 | General Corporate Purpose | |
| Total | 26.00 |
| KPI | Oct 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 27.19% | 167.17% |
| ROCE | 24.87% | 24.70% |
| Debt/Equity | 1.03 | 4.73 |
| RoNW | 27.19% | 167.17% |
| PAT Margin | 6.80% | 4.53% |
| EBITDA Margin | 11.24% | 9.53% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.99% |
Lead Manager Reports
Navkkar Gold & Diamond IPO is a SME IPO of 19,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Navkkar Gold & Diamond IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Navkkar Gold & Diamond IPO using UPI as a payment gateway. Zerodha customers can apply in Navkkar Gold & Diamond IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Navkkar Gold & Diamond IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Navkkar Gold & Diamond IPO dates are not announced. Please check back again after some time.
Navkkar Gold & Diamond IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Navkkar Gold & Diamond IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Navkkar Gold & Diamond IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Navkkar Gold & Diamond IPO allotment status.
The Navkkar Gold & Diamond IPO listing date is not yet announced. The tentative date of listing is .