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Pushpa Jewellers IPO

Pushpa Jewellers IPO

smelisted
Registrar: Cameo Corporate Services Limited · Listing 2025-07-07
IPO Timeline
Today · 20 Oct 2026
Opens
30 Jun 2025
Closes
02 Jul 2025
Allotment
03 Jul 2025
Refund
04 Jul 2025
Demat
04 Jul 2025
Listing
07 Jul 2025
Price Band
₹143–147
GMP
₹0
0%
Lot Size
1000 Shares
Min ₹147,000
Subscription
0x
Issue Size
₹98 Cr
Open
2025-06-30
Close
2025-07-02
Listing
2025-07-07

About the company

Established in 2009, Pushpa Jewellers specialises in traditional and modern gold jewellery with intricate detailing using premium stones like Emerald, Jade, Pearl, and Meena. The company operates through B2B model as well as retail showrooms. The company currently has three branches which are office-cum-showrooms in Hyderabad, Bangalore, and Chennai and plans to add more branches in key locations such as Vijayawada. The company also exports to Dubai, US, and Australia with more expansion plans underway. In FY25, necklaces dominated sales at 71.07%, followed by earrings (16.99%) and Mala (11.54%), while 98% of the revenue came from domestic markets, while rest from export sales.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      NII0x
      QIB0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 07 Jul 2025
      Listed 470 days ago
      1. IPO Opens

        Completed
        30 Jun 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        02 Jul 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        03 Jul 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        04 Jul 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        04 Jul 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        07 Jul 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1000 shares
      Price / Share (upper)
      ₹147
      Min Investment (1 lot)
      ₹147,000
      Price Band
      ₹143–147
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1000
      Min amount
      ₹147,000
      Max amount
      ₹147,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2000
      Min amount
      ₹294,000
      Max amount
      ₹294,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹49 Cr
      Shares offered
      3,379,311
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹14.7 Cr
      Shares offered
      1,013,793
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹34.3 Cr
      Shares offered
      2,365,517
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).