Pushpa Jewellers IPO subscribed overall 2.46 times on the last day, while A retail quota subscribed 3.71 times, QIB subscribed 1.18 times, and NII quota subscribed 2.51 times respectively.
Details About Pushpa Jewellers IPO
Pushpa Jewellers got approval from SEBI for an IPO of ₹98.65 crores via an IPO that comprises a fresh issue of ₹74.00 crores and an offer for sale up to 13,41,000 equity shares with a face value of ₹10 each. The company has set up a price band between ₹143 to ₹147 per share.
In this IPO, a total of 1000 shares were available in 1 lot size for the minimum Retail category and for the maximum retail category.
S-HNI (Min) has a total of 2000 shares in 2 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹1,47,000 and maximum investment of ₹1,47,000.
- Small HNI (S-HNI): Minimum investment of ₹2,94,000.
Subscription duration of the Pushpa Jewellers IPO
The Pushpa Jewellers IPO subscription opening date was June 30, 2025, and the closing date was July 2, 2025.
The Pushpa Jewellers IPO allotment was finalized on July 3, 2025, and the IPO listing is on July 7, 2025.
Funds Deployment of This Company
- 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
About Pushpa Jewellers IPO
Pushpa Jewellers Limited, established on June 3, 2009, is a top manufacturer of lightweight 22kt gold jewellery that combines traditional Indian craftsmanship with contemporary design. Known across India, the company offers a wide variety of both classic and modern gold jewellery. They use high-quality gemstones such as Emerald, Jade, Pearl, and Meena in their creations.
The company is involved in the sale of Traditional and modern Gold jewellery, including necklaces, rings, earrings, bangles, bracelets, pendants, Mangal sutras, and kadas. They incorporate a mix of traditional, modern, and blended designs across different jewellery styles, various uses, and price ranges.
Pushpa Jewellers IPO Financial Background
The company’s revenue in 2025 is ₹281.27 crores, while in 2024 it was ₹255.49 crores. Moreover, the profit of the company was around ₹22.29 crores in 2025, which is higher than ₹13.58 crores in 2024.
