Pushpa Jewellers Limited IPO

Pushpa Jewellers Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹142 - ₹147

Total Issue

₹98.65 Cr

Bid Dates

30 Jun - 02 Jul

Subscription

2.52x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Pushpa Jewellers Limited is a prominent B2B wholesaler in the gold jewellery sector, the company specializes in both traditional and modern designs, featuring fine stones like Emerald, Jade, Pearl, and Meena. With in-house design and quality control, the brand ensures intricate craftsmanship and quick turnarounds. Manufacturing is executed by skilled Karigars in Kolkata, under close supervision. Operating showrooms in Hyderabad, Bangalore, and Chennai, the company plans further expansion in India. It also exports to markets including Dubai, the U.S., and Australia, supplying retailers and businesses with high-quality, heritage-rich gold jewellery.

Lot Info

Lot Information for Pushpa Jewellers IPO
Category Lots Shares Amount
Individual (Min) 1 1,000 ₹1,47,000
Individual (Max) 1 1,000 ₹1,47,000
S-HNI (Min) 2 2,000 ₹2,94,000
S-HNI (Max) 6 6,000 ₹8,82,000
B-HNI (Min) 7 7,000 ₹10,29,000
Market Maker
3,36,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹98.65 Cr
Fresh Issue
₹78.94 Cr (0.54 Cr Shares)
Offer For Sale
₹19.71 Cr (0.13 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹147
Est. Gain 0.00%

Pushpa Jewellers IPO Peer Comparison

(Rs. in crores)

Pushpa Jewellers IPO Peer Comparison Table
Particulars Pushpa Jewellers Khazanchi Jewellers
Revenue from Ops (in Crs.) 281.06 1,771.93
PAT (In Crs.) 22.29 44.92
EPS - Basic 11.82 18.15
NAV per share 30.84 93.52
RONW 38.34% 19.41%
EBITDA 11.30% 4.33%
PAT Margin 7.93% 2.54%
Price to earning (PE) 12.44 30.98
Debt to Equity 0.38 0.28
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of April 28, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Pushpa Jewellers IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 281.06 255.34 165.80
Profit after Tax 22.29 13.58 8.14
Net Worth 58.14 36.08 22.50
Total Borrowing 21.93 8.26 14.79
Total Assets 91.10 51.46 43.39
NAV per share (in ₹) 30.84 19.14 19.14
EPS - Basic (in ₹) 11.82 7.20 4.32

KPIs

EBITDA

11.30%

PAT

7.93%

ROE

47.31%

ROCE

27.84%

Debt to Equity

0.38

PE Ratio

12.44

PB Ratio

4.77

Mkt Cap (in Crs.)

356.08

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

100.00%

Public

0.00%

Mridul Tibrewal 62.50%
Anupam Tibrewal 37.50%

Management

Mridul Tibrewal CEO
Anupam Tibrewal Chairman & MD
Madhur Tibrewal CFO

Registrar & Lead Managers

Registrar

Cameo Corporate Services

Cameo Corporate Services

Lead Managers (1)

Affinity Global Affinity Global

Subscription Status

Updated as on 02-Jul-2025 19:00:18 hrs

Category Sub (x) Offered Bids
QIB 1.18x 22,31,000 26,43,000
NII 2.51x 9,57,000 24,03,000
Retail 3.71x 22,31,000 82,69,000
Total 2.46x 54,19,000 1,33,15,000

Frequently Asked Questions

What is Pushpa Jewellers IPO?
Pushpa Jewellers IPO is a SME IPO having an issue size of ₹98.65 Crs. Pushpa Jewellers IPO is priced at ₹142 - ₹147 per share. The issue opens on 30 Jun 25 and closes on 02 Jul 25.
When will Pushpa Jewellers IPO open?
Pushpa Jewellers IPO opens on 30 Jun 25 and closes on 02 Jul 25.
What is the GMP of Pushpa Jewellers IPO?
The estimated Grey Market Premium of Pushpa Jewellers IPO is ₹0 per share (0.00%).
What is the lot size of Pushpa Jewellers IPO?
The minimum lot size of Pushpa Jewellers IPO is 1000 shares & the minimum application amount is Rs. 147000.
When is the allotment of Pushpa Jewellers IPO?
The allotment date of Pushpa Jewellers IPO is 03 Jul 25.
What is the listing date of Pushpa Jewellers IPO?
The listing date of Pushpa Jewellers IPO is 07 Jul 25.
What is the subscription of Pushpa Jewellers IPO?
Pushpa Jewellers IPO is subscribed 2.52 times.
What is the price band of Pushpa Jewellers IPO?
Pushpa Jewellers IPO is priced at ₹142 - ₹147 per share.
How to check allotment status of Pushpa Jewellers IPO?
Click the allotment link on Pushpa Jewellers IPO page of IPO360.
How to apply Pushpa Jewellers IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Pushpa Jewellers IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Pushpa Jewellers IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Pushpa Jewellers IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date