Pushpa Jewellers IPO Subscribed over 0.36x on day 1

Pushpa Jewellers IPO subscribed over 0.36x on its first-day subscription, wherein QIB subscribed 0.76x, NII subscribed 0.02x, and RII subscribed 0.11x.

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The Pushpa Jewellers IPO Subscription started on Monday, June 30, 2025, and will close on July 2, 2025, as per the schedule. The price band is set at ₹143 to ₹147 per share with a face value of ₹10. 

Pushpa Jewellers IPO Subscription Status 

Pushpa Jewellers IPO subscribed over 0.36x on its first day till 5.00 PM on June 30, 2025.    

  • Pushpa Jewellers IPO subscription QIB investors portion is 0.76x, while NII subscribed 0.02x, and RII investors subscribed 0.11x. 
  • The company has received bids for 19,67,000 shares against 54,19,000 on offer for the first-day subscription. 
  • Pushpa Jewellers IPO subscribed over 0.36x on its day 1. 

About Pushpa Jewellers Company

Pushpa Jewellers Limited, founded on June 3, 2009, is one of the leading manufacturers of lightweight 22kt designs that merge classical Indian craft with modern style. They are one of the prominent jewellery makers across India, blending a comprehensive range of traditional and Modern Gold Jewellery. The company uses the finest stones in the world, including Emerald, Jade, Pearl, and Meena. 

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. 

The company not only exports in India but also to the international market, including Dubai, the United States, and Australia. Hyderabad, Bangalore, and Chennai are where their 3 branches are situated. The company includes a total of 90 employees as of March 31, 2025.

Pushpa Jewellers Financial Report

The company reported revenue of ₹281.27 crores in 2025 against ₹255.49 crore in 2024. The company reported profit of ₹22.29 crores in 2025 against profit of ₹13.58 crores in 2024. 

Pushpa Jewellers IPO GMP: 

Pushpa Jewellers IPO GMP was ₹0 as of Monday,30 June 2025. That indicates the IPO is trading at ₹147 with a ₹0 premium in the grey market against the issue price of ₹147.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.