Pushpa Jewellers Limited IPO

Pushpa Jewellers Limited IPO

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.

Price Band

₹142 - ₹147

Dates

30 Jun - 02 Jul

GMP

₹0 (0.00%)

Subscriptions

-

Issue Size

₹98.65 Crs

Pushpa Jewellers IPO Key Dates
Opening Date

30 Jun 25

Closing Date

02 Jul 25

Basis Of Allotment

03 Jul 25

Initiations Of Refund

04 Jul 25

Credit Of Shares

04 Jul 25

Listing Date

07 Jul 25

Pushpa Jewellers IPO Objects

  1. To meet the working capital requirements
  2. To Finance Establishment of proposed new showroom
  3. General Corporate Purpose
  4. To Meet the Offer expenses

Pushpa Jewellers IPO Details
Price Band

₹142 - ₹147

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹78.94 Cr (0.54 Cr Shares)

Offer For Sale

₹19.71 Cr (0.13 Cr Shares)

Total Issue

₹98.65 Cr (0.67 Cr Shares)

Face Value

₹10 per equity share

Pushpa Jewellers IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 1,000 1,47,000
Maximum 1 1,000 1,47,000
NII
Minimum 2 2,000 2,94,000
Pushpa Jewellers IPO GMP

The estimated Grey Market Premium of Pushpa Jewellers IPO is ₹0 per share (0.00%)

Category Allocation
Particulars Allocation
QIB Not more than 35% of Net Offer
NII Not less than 15% of Net Offer
Retail Not less than 35% of Net Offer
Market Maker 3,36,000 EQ Shares
Pushpa Jewellers IPO Financials

(Rs. in crores)

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

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Values
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.
Pushpa Jewellers IPO Peer Comparision

(Rs. in crores)

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
Pushpa Jewellers IPO Peer Comparision

(Rs. in crores)

Particulars Pushpa Jewellers
Revenue from Ops (in Crs.) 281.06
PAT (In Crs.) 22.29
EPS - Basic 11.82
NAV per share 30.84
RONW 38.34%
EBITDA 11.30%
PAT Margin 7.93%
Price to earning (PE) 12.44
Debt to Equity 0.38
Khazanchi Jewellers
1,771.93
44.92
18.15
93.52
19.41%
4.33%
2.54%
30.98
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
Promoter Details
Name Shareholding
Mridul Tibrewal 62.50%
Anupam Tibrewal 37.50%
Total 100.00%
Management Details
Name Designation
Mridul Tibrewal CEO
Anupam Tibrewal Chairman & MD
Madhur Tibrewal CFO
Company Details

Name: Pushpa Jewellers Limited

Address: Unit 4A, Tirumala 22, Premises No. 22, East Topsia Road, Kolkata-700046, India.

Number: +91 033 4006 3093

Email: cs@pushpajewellers.in

Website: www.pushpajeweller.com

Book Running Lead Managers (BRLMs)
Company
Affinity Global Capital Market Private Limited
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RTAs
Company
Cameo Corporate Services
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Pushpa Jewellers IPO is a SME IPO having an issue size of Rs. ₹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.

Pushpa Jewellers IPO opens on 30 Jun 25 and closes on 02 Jul 25.

The estimated Grey Market Premium of Pushpa Jewellers IPO is ₹0 per share (0.00%).

The minimum lot size of Pushpa Jewellers IPO is 1000 shares & the minimum application amount is Rs. 147000.

The allotment date of Pushpa Jewellers IPO is 03 Jul 25.

The listing date of Pushpa Jewellers IPO is 07 Jul 25.

Pushpa Jewellers IPO is subscribed -.

Pushpa Jewellers IPO is priced at ₹142 - ₹147 per share.

Click the allotment link on Pushpa Jewellers IPO page of IPO360.

  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

  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

  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