Pushpa Jewellers IPO Date, Price, Details
The Pushpa Jewellers IPO is scheduled to open on June 30, 2025, and will close on July 2, 2025. This is a Book Built Issue, with the company aiming to raise approximately ₹98.65 crores, which includes a fresh issue of ₹74.00 crores and an Offer for Sale (OFS) of up to 13,41,000 equity shares with a face value of ₹10 each.
The price band has been fixed between ₹143 to ₹147 per share. The IPO allocation is divided into 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs).
The basis of allotment will be finalized on July 3, 2025, and the company is expected to list on the NSE on July 7, 2025.
In terms of financials, Pushpa Jewellers recorded a revenue of ₹255.49 crores in FY 2024, up from ₹165.84 crores in FY 2023. Net profit also saw strong growth, increasing to ₹13.58 crores in 2024 from ₹8.14 crores in the previous year.
Pushpa Jewellers IPO Market Lot Size
The Pushpa Jewellers IPO minimum market lot is 1000 shares with ₹1,47,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹1,47,000 |
Retail Maximum | 1 | 1000 | ₹1,47,000 |
S-HNI Minimum | 2 | 2,000 | ₹2,94,000 |
Pushpa Jewellers IPO Details
IPO Open Date: | June 30, 2025 |
IPO Close Date: | July 2, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹143 to ₹147 Per Share |
Issue Size: | Approx ₹98.65 Crores |
Fresh Issue: | Approx ₹74.00 Crores |
Offer for Sale: | Approx 13,41,000 Equity Shares |
Issue Type: | Book Build Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Pushpa Jewellers IPO Valuation – FY2024 (KPI)
Take a look at the key valuation metrics of Pushpa Jewellers IPO, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) to better understand the company’s financial position.
KPI | Values |
ROE: | 37.64% |
ROCE: | 43.90% |
EBITDA Margin: | 7.78% |
PAT Margin: | 5.32% |
Debt to equity ratio: | 0.22 |
Earning Per Share (EPS): | ₹7.20 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 37.64% |
Net Asset Value (NAV): | ₹19.14 |
Pushpa Jewellers IPO Company Financial Report
The company reported revenue of ₹255.49 crores in 2024 against ₹165.84 crore in 2023. The company reported profit of ₹13.58 crores in 2024 against profit of ₹8.14 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹73.91 | ₹98.91 | ₹6.17 | ₹21.79 |
2023 | ₹165.84 | ₹153.93 | ₹8.14 | ₹43.39 |
2024 | ₹255.49 | ₹237.33 | ₹13.58 | ₹51.46 |
May 2024 | ₹66.47 | ₹56.47 | ₹7.48 | ₹73.91 |
Pushpa Jewellers IPO Dates
The Pushpa Jewellers IPO date is June 30 and the close date is July 2. The Pushpa Jewellers IPO allotment will be finalized on July 3 and the IPO listing on July 7.
IPO Open Date: | June 30, 2025 |
IPO Close Date: | July 2, 2025 |
Basis of Allotment: | July 3, 2025 |
Refunds: | July 4, 2025 |
Credit to Demat Account: | July 4, 2025 |
IPO Listing Date: | July 7, 2025 |
Promoters of Pushpa Jewellers IPO
The promoters of the company are Mr. Mridul Tibrewal, Mr. Anupam Tibrewal and Mr. Madhur Tibrewal.
About Pushpa Jewellers IPO
Established on June 3, 2009, Pushpa Jewellers Limited is a well-known name in the jewellery industry, specializing in lightweight 22kt gold pieces that beautifully combine traditional Indian artistry with a modern touch. The company offers an extensive selection of both classic and contemporary gold jewellery, crafted with precision and elegance.
Pushpa Jewellers uses some of the finest gemstones available globally, including Emerald, Jade, Pearl, and Meena, in its creations. Its product range spans a variety of items such as necklaces, rings, earrings, bangles, bracelets, pendants, mangalsutras, and kadas, catering to a wide spectrum of tastes, styles, and price points.
With a design approach that blends heritage with modern aesthetics, the company has built a strong presence not only in India but also in international markets like Dubai, the USA, and Australia. It currently operates through three branches located in Hyderabad, Bangalore, and Chennai, and employs 90 staff members as of March 31, 2025.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Sky Gold Limited | 16.04 | 174.08 | 8.70% | 184.42 | 21.23 Cr. |
Khazanchi Jewellers Limited | 11.04 | 44.98 | 14.55% | 75.87 | 27.32 Cr. |
Objects of the IPO
To support day-to-day working capital requirements
To fund the setup of a new showroom
To cover capital expenditure related to the new showroom project
To finance inventory procurement for the upcoming showroom
For general corporate needs
To cover expenses associated with the public offering
Merchant Bankers
- Affinity Global Capital Market Private Limited
Company Address
Pushpa Jewellers Limited
Unit 4A, Tirumala 22,
Premises No. 22,
East Topsia Road,
Kolkata, West Bengal, 700046
Phone: 033 4006 3154
Email: [email protected]
Website: http://www.pushpajeweller.com/
Pushpa Jewellers IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
Check Grey market premium at below
(GMP)