Pushpa Jewellers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,187,000 (47%) | — | ₹4,685 Cr |
| NII (HNI) | — | 957,000 (14%) | — | ₹1,407 Cr |
| Retail | — | 2,231,000 (33%) | — | ₹3,280 Cr |
| Market Maker | — | 336,000 (5%) | — | ₹49 Cr |
| Σ Total | — | 6,711,000 (100%) | — | ₹98,652 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹147,000 |
| Retail (Max) | 13 | 13,000 | ₹1,911,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,058,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,849,000 |
Financial Statements Amount In Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 281 | 255 | 166 |
| Profit After Tax | 22 | 14 | 8 |
| Net Worth | 58 | 36 | 23 |
| Total Assets | 91 | 51 | 43 |
| Reserves & Surplus | 39 | 36 | 22 |
| Total Borrowing | 22 | 8 | 15 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet working capital Expenses – 45.39
- 2 To Finance Establishment of proposed new showroom –
- 3 Cost of Capital expenditure for the proposed new showroom – 1.90
- 4 Cost of Inventory for the proposed new showroom – 3.46
- 5 General Corporate Purposes – 19.51
- 6 To meet the offer related expenses – 8.68
Company Overview
Incorporated in June 2009, Pushpa Jewellers Limited is a jewellery manufacturer specializing in lightweight 22kt designs that blend traditional Indian craftsmanship with modern aesthetics.
The company sells a range of Traditional and Modern Gold jewellery.
The company offers diverse high-quality jewellery, including necklaces, rings, earrings, bangles, bracelets, pendants, Mangal sutras, and kadas.
The company operates in various regions in India and exports jewellery to international markets like Dubai, the United States, and Australia.
The company operates three branches, which function as offices and showrooms, located in Hyderabad, Bangalore, and Chennai, India.
As of March 31, 2025, the company had approximately 90 employees at various organisational levels.
Competitive Strength:
- Distinctive Brand Identity and Innovative Design.
- Experience of our Promoters and senior management team.
- Efficient Inventory Management.
- Quality assurance.
- Safety, Security and Surveillance Systems.