Grover Jewells IPO, Feb. 5 -- The initial public offering (IPO) of Grover Jewells has been subscribed over 1.76 times so far on the second day of the bidding on Thursday, February 5. The offer opened on February 4.

Established in 2021, Grover Jewells is involved in the design and manufacture of gold jewellery for the wholesale market. Its offerings span plain gold, studded, and semi-finished jewellery in 22-karat, 20-karat, and 18-karat ranges. The company runs two showrooms located in Delhi's Karol Bagh and Chandni Chowk, serving wholesale, retail, and direct-to-consumer customers.

Grover Jewells IPO was subscribed over 1.76 times on the second day of bidding, as of 12:40 pm, according to data available on NSE.

The issue has so far re...