Pushpa Jewellers IPO Details
The Pushpa Jewellers IPO is a book build issue with a total issue size of ₹98.65 cr, comprising of fresh issue of 5034000 equity shares., and a offer for sale of 1341000 equity shares. Pushpa Jewellers IPO opened for subscription on Jun 30, 2025 and closed on Jul 02, 2025. Pushpa Jewellers IPO is set price band at ₹143 to ₹147 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹294,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 03, 2025, and listed on the NSE on Jul 07, 2025.
Cameo Corporate Services Limited has been appointed as the registrar. Affinity Global Capital Market Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Pushpa Jewellers IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 143 – 147
- Lot Size
- 1000
- Issue Size
- ₹98.65 Cr
- Minimum Investment
- ₹294000 (2000 Shares)
- Listing Date
- 07 July 2025
Current GMP
₹5 (+3.40%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Pushpa Jewellers Limited
Incorporated in June 2009, Pushpa Jewellers Limited is a reputed jewellery manufacturer specializing in lightweight 22kt gold jewellery that elegantly fuses traditional Indian craftsmanship with modern aesthetics. The company serves both domestic and international markets, offering a wide range of intricately designed pieces suited for every occasion.
Business Model & Operations
Pushpa Jewellers primarily operates under a Business-to-Business (B2B) model, supplying its jewellery in bulk to retailers, wholesalers, and corporate buyers. With an efficient distribution network, the company caters to clients across India and exports to global markets such as Dubai, the United States, and Australia.
The company runs three office-cum-showroom branches located in:
- Hyderabad
- Bangalore
- Chennai
These locations serve as strategic hubs for customer engagement and business operations.
Product Portfolio
Pushpa Jewellers offers a diverse and high-quality collection of gold jewellery, reflecting a blend of heritage and innovation. The product range includes:
- Necklaces and Kanthas
- Earrings, Chokers, and Chick Sets
- Bangles, Bracelets, and Kadas
- Rings, Pendants, and Mangalsutras
Each piece is designed to uphold the values of fine craftsmanship, durability, and contemporary appeal.
Manufacturing & Craftsmanship
A significant portion of the jewellery is crafted by skilled artisans on a contractual basis in Kolkata, a city known for its rich legacy in jewellery making. This model allows the company to maintain flexibility, control quality, and manage production costs effectively.
Workforce
As of:
- June 30, 2024: The company employed approximately 69 staff members
- March 31, 2025: The workforce grew to around 90 employees, spanning various functional areas including operations, sales, logistics, and administration.
Competitive Strengths
- Distinctive Brand Identity & Innovative Designs
- Experienced Promoters & Skilled Leadership Team
- Robust Inventory Management System
- Commitment to Quality Assurance
- Comprehensive Security & Surveillance Infrastructure
Pushpa Jewellers IPO Promoters
- Mr. Mridul Tibrewal
- Mr. Anupam Tibrewal
- Mr. Madhur Tibrewal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.29%
Pushpa Jewellers IPO Objective
The Company Pushpa Jewellers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- To meet working capital Expenses
- To Finance Establishment of proposed new showroom
- Cost of Capital expenditure for the proposed new showroom
- Cost of Inventory for the proposed new showroom
- General Corporate Purposes
- To meet the offer related expenses
Address / Contact Info
Pushpa Jewellers Limited
Unit 4A, Tirumala 22,
Premises No. 22,
East Topsia Road,
Kolkata, West Bengal, 700046
Phone: 033 4006 3154
Email: cs@pushpajewellers.in
Website: http://www.pushpajeweller.com/
IPO Snapshot
Book Running Lead Managers
- Affinity Global Capital Market Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Pushpa Jewellers IPO is a Book-building IPO with a total issue size of ₹98.65 crore. The Pushpa Jewellers IPO price band is ₹143 to 147 per share. The Pushpa Jewellers IPO subscription opens on Mon, Jun 30, 2025, and closes on Wed, Jul 2, 2025. The Pushpa Jewellers IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the Pushpa Jewellers IPO.
The Pushpa Jewellers IPO opens on Mon, Jun 30, 2025 and closes on Wed, Jul 2, 2025
Pushpa Jewellers IPO Price Band is ₹143 to 147 per share.
Pushpa Jewellers IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹294000 based on the upper price band
The minimum investment for Pushpa Jewellers IPO is ₹294000, based on one lot of 1000 shares at the upper price band of ₹147 per share.
Investors can apply for the Pushpa Jewellers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jul 2, 2025. The application amount remains blocked until the Pushpa Jewellers IPO allotment is finalized.
Pushpa Jewellers IPO issue size is ₹98.65 crores.
Pushpa Jewellers IPO allotment date is Wed, Jul 1, 2026.
The registrar for Pushpa Jewellers IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Pushpa Jewellers IPO allotment status, refund processing, and other IPO-related information.
The Pushpa Jewellers IPO GMP (Grey Market Premium) is ₹5 as of Wed, Jul 2, 2025. Based on the upper price band of ₹147 per share, the estimated Pushpa Jewellers IPO listing price is ₹152, indicating a potential listing gain of approximately 0% over the issue price.