Deep Diamond Rights Issue dates 9 – 24 September 2025.
Deep Diamond India, established in 1994 and listed on multiple Indian stock exchanges, is engaged in manufacturing and wholesaling exclusive diamond jewellery, including rings, necklaces, nose pins, bangles, and bracelets. The company also deals in loose diamonds, solitaires, and gold frames, serving both B2B and B2C segments in India. Based in Mumbai, it is recognized for quality and IGI-certified products, reflecting its focus on design excellence and finishing.
Financially, Deep Diamond India reported a sharp drop in operating revenues to INR 1.26 crore in FY2025 from INR 2.56 crore a year earlier, with net profits of INR 0.86 crore. Operating profit margins were volatile, swinging from -10% to 36% in the past few years, while promoter holding remains low at 0.08%.
The company operates as a virtually debt-free entity and has shown the ability to reduce debt, though it does not pay dividends. Overall, Deep Diamond India maintains a niche presence in India’s gems and jewellery sector with emphasis on exclusive craftsmanship and steady, if small-scale, profitability.
Promoters of Deep Diamond –
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Deep Diamond Rights Issue Details
| Deep Diamond Rights Issue Date | 9 – 24 September 2025 |
| Deep Diamond Rights Issue Price | INR 4.16 per share |
| Issue Size (in Shares) | 9,61,00,000 share |
| Issue Size (in INR) | INR 39.98 crore |
| Issue Entitlement | 2 equity shares for every 1 equity share held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Deep Diamond Rights Issue Record Date | 29 August 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE |
Deep Diamond Rights Issue Calculation
| Deep Diamond Rights Issue Price | INR 4.16 per share |
| Market Price on Rights Issue Approval | INR 4.25 per share |
| Dilution Factor (X) | 3.0 |
| Fair Value After Dilution at Prevailing Price | INR 4.19 per share |
Deep Diamond Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 7.67 | 2.56 | 1.26 |
| Expenses | 6.08 | 2.82 | 0.80 |
| OPM (%) | 20.73 | (10.16) | 36.51 |
| Net Income | 1.26 | 0.42 | 0.88 |
| ROCE (%) | – | 4.35 | 5.37 |
Deep Diamond Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Acquisition of Oasis Ceramics Private Limited pursuant to the Insolvency and Bankruptcy Code, 2016
- To meet the expenses of the Issue
- To meet the general corporate purposes
Deep Diamond Rights Offer Documents
- Deep Diamond Rights Issue Application Form
- Deep Diamond Letter of Offer
- Board Meeting Outcome
- Deep Diamond Draft Letter of Offer
- Rights Issue in 2024
Deep Diamond Rights Issue Dates
| Rights Issue Approval Date | 22 August 2025 |
| Rights Issue Record Date | 29 August 2025 |
| Credit of Rights Entitlement | 8 September 2025 |
| Rights Issue Opening Date | 9 September 2025 |
| Last Date for Market Renunciation | 18 September 2025 |
| Rights Issue Closing Date | 24 September 2025 |
| Finalization of Basis of Allotment | 29 September 2025 |
| Rights Allotment Date | 30 September 2025 |
| Credit Date | 6 October 2025 |
| Listing Date | 7 October 2025 |
Deep Diamond Rights Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Deep Diamond Contact Details
DEEP DIAMOND INDIA LIMITED
309, 3rd Floor, V Star Plaza, Plot No. 16, Chandavarkar
Road, Borivali West, Mumbai, Maharashtra – 400092
Phone: 0294-3569097
Email: [email protected]
Website: www.deepdiamondltd.in
Deep Diamond Rights Offer FAQs
What is the Deep Diamond Rights Issue Price?
The issue price is INR 4.16 per share.
What is the Deep Diamond Rights Issue entitlement ratio?
The eligible shareholders are offered 2 equity shares for every 1 equity share held on the record date.
What is the Deep Diamond Rights Issue Record Date?
The Record date is 29 August 2025.
How to Apply in Deep Diamond Rights Offer?
The best way to apply in the Deep Diamond Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.