Grover Jewells' shares surpass gray market predictions by listing at a 9% premium to the SME IPO price. On February 11, Grover Jewells' shares made a modest debut on the stock market, going up to Rs 96 per on the NSE Emerge platform. This is a premium of almost 9% above the Rs 88 IPO price per share. With a market valuation of Rs 139.27 crore, the company made its debut on the stock exchanges. Grey market estimates versus listing premium: The listing premium has greatly exceeded grey market expectations, even with the market's lackluster beginning. The company's unlisted shares were trading flat at the IPO price of Rs 88 with no grey market premium (GMP) prior to listing. When the IPO was up for public bidding from February 4 to February 6, the site's quoted GMP was close to 3 percent. The company's unlisted shares were trading at 0 GMP over the IPO price, according to IPO Watch as well. Grover Jewells IPO: Grover Jewells, a gold jewelry manufacturer situated in Delhi, went public in order to generate Rs 33.83 crore by issuing 38.44 lakh shares at a price range of Rs 83–88 each. With a minimum investment of Rs 1.41 lakh, investors could bid for 1,600 shares, and then in multiples. The IPO received over 19 subscriptions between February 4 and February 6, indicating that investors were quite interested in it throughout its three days of public bidding. With approximately 38 bookings of their allotted allocation, non-institutional investors (NII) shown the highest level of interest in the IPO. Qualified institutional buyers (QIB) and retail sections were reserved 11 times and 16 times, respectively. Working capital will be the primary use of the IPO proceeds, with the remaining sum going toward general business needs.

Force Motors Share in Focus After 50% YoY Sales Jump

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The Abhay Firodia Group’s main firm, Force Motors, presented its December 2025 sales report on Friday, January 02, which is anticipated to pique investors’ curiosity.

Force Motors December 2025 Sales Performance

The automaker said in its post-market hours disclosure to exchanges today that it shipped 3,048 automobiles, including exports, a 49.70% increase over 2,036 units sold during the same time last year.

Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV) were among the 2,952 units sold by the business in the domestic market. Sales reached 1,985 units in December 2024, a 48.72% increase.

Export Growth and Global Shipments

According to the regulatory filing, the business shipped 96 automobiles globally, up from 51 in December 2024.

With experience in the design, development, and production of a wide range of automotive components, aggregates, and automobiles, the firm is a completely vertically integrated automobile manufacturer. Light commercial vehicles (LCVs), multi-utility vehicles (MUVs), small commercial vehicles (SCVs), sports utility vehicles (SUVs), and agricultural tractors are among its product offerings.

Industry Tailwinds and Market Revival

The GST reform and many RBI repo reduction seem to be boosting demand, which has led the Indian car sector to declare a resurgence in sales in recent months.

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Force Motors Share Price Performance

In 2025, the share price of Force Motor yields a 216% return.
The stock has been one of the top wealth builders in recent years, greatly increasing the wealth of its owners while maintaining a steady winning streak. Even though it continued to experience protracted stress along the road, it recovered all of those losses and shown its capacity to draw bulls at lower levels after that.

Long-Term Wealth Creation Record

Force Motors’ share price surged 216% in 2025, making it one of the best performers in the Nifty 500. For the last four years, the shares have always closed higher, resulting in a total gain of 1545%.

Zooming out, the stock has increased dramatically by 9171% from its 2013 trading price of ₹225 to its present price of ₹20,860.

Financial Performance and Valuation Drivers

The company’s sustained rise in revenues, which drives up its value multiples, is responsible for the steady demand for its shares on Dalal Street.

The company’s net profit for the September quarter (Q2FY26) increased by 159% to ₹350.6 crore from ₹135 crore in the same period of the previous fiscal year. The company’s sales increased 7.2% year over year to ₹2,081 crore from ₹1,941 crore.

Gourav

About the Author

I’m Gourav Kumar Singh, a graduate by education and a blogger by passion. Since starting my blogging journey in 2020, I have worked in digital marketing and content creation. Read more about me.

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