| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹98.65 Cr |
| Reserved for Market Maker | ₹4.94 Cr |
| Net Issue Size | ₹98.65 Cr |
| Fresh Issue | ₹74.00 Cr |
| Offer for Sale | ₹19.71 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน143.00-147.00 per share |
| NSE Code | PUSHPA |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet working capital Expenses | 45.39 |
| 2 | To Finance Establishment of proposed new showroom - Cost of Capital expenditure for the proposed new showroom | 1.90 |
| 3 | Cost of Inventory for the proposed new showroom | 3.46 |
| 4 | General Corporate Purposes | 19.51 |
| 5 | To meet the Offer Related Expenses | 8.68 |
| Total | 78.94 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 91.10 | 51.46 | 43.39 |
| Total Income | 281.27 | 255.49 | 165.84 |
| Profit After Tax | 22.29 | 13.58 | 8.14 |
| NET Worth | 58.14 | 36.08 | 22.50 |
| Reserves and Surplus | 39.28 | 35.84 | 22.27 |
| Total Borrowing | 21.93 | 8.26 | 14.79 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 47.31% |
| ROCE | 27.84% |
| Debt / Equity | 0.38% |
| RoNW | 38.34% |
| PAT Margin | 7.93% |
| EBITDA Margin | 11.30% |
| Price to Book Value | 4.77 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 11.82 | 9.20 |
| P/E (x) | 12.44 | 15.98 |
| Promoter Holding | 100% | 77.29% |
| Market Cap | โน356.08 Cr. | |