Pushpa Jewellers Limited
Bookbuilding IPO · NSE
- Price band
- ₹143 - ₹147
- Lot size
- 1,000 shares
- Issue amount
- ₹98.65 cr
- Total subscription
- 2.37×
- Opens
- 30 Jun 2025
- Closes
- 2 Jul 2025
- Allotment
- 3 Jul 2025
- Listing
- 7 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 67,11,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,43,000
- Fresh issue
- ₹78.92 cr
- Offer for sale
- ₹19.73 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,47,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,88,52,912
- Shares after issue
- 2,42,22,912
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,47,000 |
| HNI | 2 | 2,000 | ₹2,94,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 8 |
| NIB | — | 646 |
| RETAIL | — | 8,269 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 32.8 | 38.85 |
| RETAIL | 32.8 | 121.55 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 11.82 | 7.2 | 4.32 |
| ROE | 47.31 | 46.36 | 44.2 |
| ROCE | 27.84 | 30.62 | 21.84 |
| RONW | 38.34 | 37.63 | 36.2 |
| PRE IPO(PE) | 12.1 | 0 | 0 |
| POST IPO(PE) | 15.9 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Pushpa Jewellers Limited, established in June 2009, is a jewellery company known for its lightweight 22kt gold designs that combine traditional Indian craftsmanship with a modern touch. The company offers a wide variety of gold jewellery, including necklaces, rings, earrings, bangles, bracelets, pendants, mangalsutras, and kadas. Its products cater to both traditional and contemporary tastes. Pushpa Jewellers serves customers across different parts of India and also exports its jewellery to countries such as Dubai, the United States, and Australia. The company has three branches that double as offices and showrooms, located in Hyderabad, Bangalore, and Chennai. As of June 30, 2024, the company employed around 69 people across various departments.
Strengths
- Unique Branding: Strong market position built on creative and standout brand identity
- Expert Leadership: Skilled promoters and management add industry knowledge and direction
- Efficient Inventory: Smart stock management cuts costs and keeps products readily available
Risk factors
- Reliance on Major Clients: Losing key customers could hurt revenue and business performance
- Uncertain Orders: Delays or cancellations in orders may affect financial consistency
- Raw Material Risk: Supply issues or rising costs can impact production and profit margins
Promoters
Mr. Mridul Tibrewal
Mr. Anupam Tibrewal
Mr. Madhur Tibrewal
Registrar & documents
Lead manager
Affinity Global Capital Market Private Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit 4A, Tirumala 22, Premises No. 22, East Topsia Road, Kolkata, West Bengal, 700046
033 4006 3154
[email protected]Company website ↗Understanding PUSHPA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.