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Pushpa Jewellers IPO GMP & Review: Apply or Avoid?

Posted by : sachet | Mon Jun 30 2025

Pushpa Jewellers IPO GMP & Review: Apply or Avoid?

Pushpa Jewellers IPO is open for bidding on 30th June 2025. It is a bookbuilding IPO of 67.11 lakh shares, comprising a fresh issue of 50.34 lakh shares worth ₹74.00 crore and an offer for sale of 13.41 lakh shares worth ₹19.71 crore. The issue will be listed on NSE and SME on its tentative listing date, 7th July 2025. 

Pushpa Jewellers IPO Details 

The Pushpa Jewellers IPO date is fixed between 30th June 2025 and 2nd July 2025. The face value of Pushpa Jewellers Limited shares stands at ₹10 per share, and the IPO price band is set between ₹143 and ₹147 per share. 

Cameo Corporate Services Limited is the registrar of the Pushpa Jewellers IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

IPO Open Date30th June 2025
IPO Close Date2nd July 2025
IPO Allotment Date3rd July 2025
Refund Initiation 4th July 2025
Issue Size67,11,000 shares (worth ₹98.65 crore)
Fresh Issue 50,34,000 shares (worth ₹74.00 crore)
Offer For Sale13,41,000 (worth ₹19.71 crore)
Face Value₹10 per share
Lot Size1,000 shares
Issue Price Band₹143 to ₹147 per share
Issue TypeBookbuilding IPO
Listing AtNSE & SME
Listing Date7th July 2025

Pushpa Jewellers IPO Share Reservation

Pushpa Jewellers IPO is a bookbuilding IPO issue of 67.11 lakh shares worth ₹98.65 crores. Pushpa Jewellers Limited shares will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Investor CategoriesReservation Required 
QIB Shares Offered31,87,000 (47.49%)
Retail Shares Offered22,31,000 (33.24%)
Market Maker3,36,000 (5.01%)
NII (HNI) Shares Offered9,57,000 (14.26%)
Total Shares Offered67,11,000 (100.00%)

Pushpa Jewellers IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Pushpa Jewellers IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
30-06-2025₹147₹0₹1470.00%
29-06-2025₹147₹0₹1470.00%
28-06-2025₹147₹0₹1470.00%
27-06-2025₹147₹0₹1470.00%
26-06-2025₹147₹0₹1470.00%
25-06-2025₹147₹0₹1470.00%
24-06-2025₹147₹0₹1470.00%
23-06-2025₹147₹0₹1470.00%

As of 30th June 2025, Pushpa Jewellers IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹147 (147+0) on its tentative listing date, 7th July 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Pushpa Jewellers IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Pushpa Jewellers IPO Review

Check out the detailed Pushpa Jewellers IPO review for a thorough understanding of its potential to report listing gains on 7th July 2025. The Pushpa Jewellers IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Pushpa Jewellers IPO.

Pushpa Jewellers Limited’s revenue fell from 10.09% from ₹255.49 crores in March 2024 to ₹281.27 crores in March 2025. Moreover, the company’s PAT increased by 64.13% from ₹13.58 crores to ₹22.29 crores. 

Pushpa Jewellers Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Pushpa Jewellers IPO for its tentative listing day, which is 7th July 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Pushpa Jewellers IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 12.10
EPS (Earnings Per Share)11.82
RoNW38.34%
ROCE27.84%
ROE47.31%
EBITDA Margin11.30%
Price to Book Value7.68
Market Capitalisation₹356.08 cr.

The PE ratio of Pushpa Jewellers Limited shares is 12.10, and its Earnings Per Share (EPS) stands at 11.82. Thus, the Pushpa Jewellers IPO can potentially deliver gains on its tentative listing date, 7th July 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Pushpa Jewellers Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio12.1015.98
EPS 11.829.20

Pushpa Jewellers Limited Peer Comparison

Company NameRevenue (in cr.)PE RatioFace Value (in Rs)EPS RoNW (in %)
Pushpa Jewellers Limited281.1712.101011.8238.34%
Sky Gold Limited1,749.005.521056.1316.67%
Khazanchi Jewellers Limited822.0030.981018.1519.41%

Pushpa Jewellers IPO Subscription Status

Pushpa Jewellers IPO is to be opened for bidding on 30th June 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Pushpa Jewellers IPO Subscription Status. 

Investor CategoryShares OfferedShares SubscribedSubscription in Times
Retail InvestorsYet to be announcedYet to be announcedYet to be announced
QIBYet to be announcedYet to be announcedYet to be announced
NII (sNII+bNII)Yet to be announcedYet to be announcedYet to be announced
TotalYet to be announcedYet to be announcedYet to be announced

About Pushpa Jewellers Limited

Pushpa Jewellers Limited was incorporated in 2009 and is a jewellery manufacturer specialising in lightweight 22kt designs that blend traditional Indian craftsmanship with modern aesthetics. It offers diverse high-quality jewellery such as necklaces, rings, earrings, bangles, pendants, mangal sutras, kadas, etc. Here are the major competitive strengths of Pushpa Jewellers Limited. 

  • Distinctive Brand Identity and Innovative Design.
  • Experience of our Promoters and senior management team.
  • Efficient Inventory Management.
  • Quality assurance.
  • Safety, Security, and Surveillance Systems.

Pushpa Jewellers Limited Financials

The company’s financial analysis is essential before applying for the Pushpa Jewellers IPO. Look at the table to learn about Pushpa Jewellers Limited’s financials. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets91.1051.4643.39
Revenue281.27255.49165.84
Profit After Tax22.2913.588.14
Debt21.938.2614.29
Net Worth58.1436.0822.50
Reserves and Surplus39.2835.8422.27

Explanation

Pushpa Jewellers Limited’s revenue fell from 10.09% from ₹255.49 crores in March 2024 to ₹281.27 crores in March 2025. Moreover, the company’s PAT increased by 64.13% from ₹13.58 crores to ₹22.29 crores. 

Pushpa Jewellers IPO Bidding Requirements

Pushpa Jewellers IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Investor CategoryLotsSharesAmount (in Rs)
Retail (Minimum)11,000 shares₹1,47,000
Retail (Maximum)11,000 shares₹1,47,000
HNIs (Minimum)22,000 shares₹2,94,000

Use the lot size calculator to find how many shares you should apply!

Pushpa Jewellers IPO Promoter Holdings

Have a look at the table below to check the holdings of Pushpa Jewellers Limited’s promoters: Mr. Mridul Tibrewal, Mr. Anupam Tibrewal and Mr. Madhur Tibrewal.

Share Holding Pre-Issue100.00%
Share Holding Post-Issue-%

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue. 

Aim of Pushpa Jewellers IPO

The primary aim of the Pushpa Jewellers IPO is to raise ₹67.11 crores. On the other hand, Pushpa Jewellers Limited has decided to utilise these funds in different prospects. Explore some of the secondary objectives for the Pushpa Jewellers IPO.

  • Working capital expenses
  • Cost of inventory
  • General corporate purposes
  • Capital expenditure
  • Issue expenses

Should I Invest in Pushpa Jewellers IPO?

Explore the pros and cons of the Pushpa Jewellers IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Pushpa Jewellers IPO

  • Distinctive Brand Identity
  • Surveillance Systems

Cons of Pushpa Jewellers IPO

  • Low Market Capitalisation

How to Apply for Pushpa Jewellers IPO?

Check the steps mentioned below to apply for the Pushpa Jewellers IPO

  • Step 1: Conduct thorough research on the Pushpa Jewellers IPO GMP, subscription status, issue size, lot size, and other details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Make a bid for one lot of 1,000 shares worth ₹1,47,000 of the Pushpa Jewellers IPO.   
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Pushpa Jewellers IPO from more than one demat account to increase your allotment chances. 

How to Check Pushpa Jewellers IPO Allotment Status?

You can check for the Pushpa Jewellers IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

  • Visit the NSE Official Website.
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the Pushpa Jewellers IPO.  
  • Choose whether to proceed with the PAN number or the application number.
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Pushpa Jewellers IPO allotment status.

Let’s Wrap

Pushpa Jewellers IPO is a bookbuilding issue of 67.11 lakh shares worth ₹98.65 crores. The shares of Pushpa Jewellers Limited will be listed on NSE and SME on its tentative listing date of 7th July 2025. Researching the Pushpa Jewellers IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Pushpa Jewellers IPO

How is the Pushpa Jewellers IPO?

Ans. Currently, on 30th June 2025, the Pushpa Jewellers IPO GMP (Grey Market Premium) stands at ₹0 (0.00% up). It indicates that the estimated listing price could be ₹147 per share. It is a bookbuilding IPO of 67.11 lakh shares, comprising a fresh issue of 50.34 lakh shares worth ₹74.00 crore and an offer for sale of 13.41 lakh shares worth ₹19.71 crore. The face value of each share of Pushpa Jewellers Limited is ₹10. 

What is the Pushpa Jewellers IPO price?

Ans. The Pushpa Jewellers IPO price band has been set between ₹143 and ₹147 per share. Retail investors can apply for a minimum of 1 lot consisting of 1,000 shares worth ₹1,47,000. Moreover, HNIs are required to bid for a minimum of 2 lots (2,000 shares) worth ₹2,94,000. 

Is the Pushpa Jewellers IPO good?

Ans. Pushpa Jewellers Limited’s revenue fell from 10.09% from ₹255.49 crores in March 2024 to ₹281.27 crores in March 2025. Moreover, the company’s PAT increased by 64.13% from ₹13.58 crores to ₹22.29 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who is the registrar of the Pushpa Jewellers IPO?

Ans. Cameo Corporate Services Private Limited is the registrar of the Pushpa Jewellers IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Pushpa Jewellers IPO allotment and refund, you can contact Cameo Corporate Services Private Limited at cameo@cameoindia.com or +91-44-2846090. 

What is the issue size of the Pushpa Jewellers IPO? 

Ans. Pushpa Jewellers IPO is a bookbuilding IPO for 67.11 lakh shares worth ₹98.65 crore. Moreover, the IPO is set to open on 30th June 2025 and will be closed on 2nd July 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Pushpa Jewellers IPO, download the Pushpa Jewellers IPO RHP and Pushpa Jewellers IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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