Subscription
Last updated on 02-Jul-2025 17:00:17
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 2231000 | 2643000 | 1.18 |
| NIB | 957000 | 2403000 | 2.51 |
| RETAIL | 2231000 | 8269000 | 3.71 |
| Total | 5419000 | 13315000 | 2.46 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 8 |
| NIB | 646 |
| RETAIL | 8269 |
| Total | 8923 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 32.8 | 38.85 | 1.18 |
| FII | - | 16.02 | - |
| FI | - | 0 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 22.83 | - |
| NIB | 14.07 | 35.32 | 2.51 |
| RETAIL | 32.8 | 121.55 | 3.71 |
| Total | 79.66 | 195.73 | 2.46 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.2 | @8% ₹0.3 | @9% ₹0.3 | @10% ₹0.3 | @11% ₹0.4 | @12% ₹0.4 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.5 | @8% ₹0.6 | @9% ₹0.6 | @10% ₹0.7 | @11% ₹0.8 | @12% ₹0.8 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1000 | 147000 | 2231 |
Pushpa Jewellers IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| RETAIL | 33.24% | 22,31,000 |
| HNI | 14.26% | 9,57,000 |
| Anchor | 14.25% | 9,56,000 |
| QIB | 33.24% | 22,31,000 |
| MARKET MAKER | 5.01% | 3,36,000 |
| Total | 100.00% | 67,11,000 |
Pushpa Jewellers IPO Details
| Issue Size | 67,11,000 shares(aggregating up to 98.65 Cr) |
| Fresh Issue | 53,68,800 shares(aggregating up to 78.92 Cr) |
| Offer for Sale | 13,42,200 shares of 10(aggregating up to 19.73 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,88,52,912 shares |
| Share Holding Post Issue | 2,42,22,912 shares |
| Market Maker's Portion | 3,36,000 Shares |
| Market Maker | Sunflower Broking Private Limited |
Key Performance Indicator (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 47.31% | 46.36% | 44.20% |
| ROCE | 27.84% | 30.62% | 21.84% |
| RONW | 38.34% | 37.63% | 36.20% |
| EPS (basic) | 11.82 | 7.2 | 4.32 |
| P/E Pre IPO | 12.1 | ||
| P/E Post IPO | 15.9 |
Company Financials In Crores
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 91.1 | 51.46 | 43.39 |
| Revenue | 281.27 | 255.49 | 165.84 |
| Profit After Tax | 22.29 | 13.58 | 8.14 |
| Net Worth | 58.14 | 36.08 | 22.5 |
| Reserves and Surplus | 39.28 | 35.84 | 22.27 |
| Total Borrowing | 21.93 | 8.26 | 14.79 |
About Company
Incorporated:June 2009
Specialization: Lightweight 22kt gold jewellery blending traditional Indian craftsmanship with modern aesthetics.
Product Portfolio
- Categories: Necklaces, rings, earrings, bangles, bracelets, pendants, Mangal sutras, kadas.
- Design Styles: Traditional & Modern Gold Jewellery.
- Key USP: High-quality, innovative designs catering to contemporary tastes while retaining cultural authenticity.
Operations & Reach
- Domestic Presence: Branches (showrooms + offices) in Hyderabad, Bangalore, Chennai.
- Global Exports: Dubai, USA, Australia.
Organizational Snapshot (as of June 30, 2024)
- Employees: ~69 across various levels.
Pushpa Jewellers IPO – Objects of the Issue
- Working Capital (₹395.38M): Strengthen liquidity for day-to-day operations, procurement of raw materials, and scaling production.
- Expansion (New Showroom):
o Setup Cost: Infrastructure, interiors, and technology.
o Inventory (₹34.56M): Stocking gold/jewellery for the new outlet.
o Capex (₹19M): Equipment, security systems, or customization tools.
- Corporate Purposes: Potential debt reduction, R&D, or marketing.
- IPO Expenses: Underwriting fees, legal/compliance costs, etc.
Strength
Distinctive Brand & Design: Strong market presence driven by innovative and unique branding.
Experienced Leadership: Promoters and senior management bring valuable industry expertise.
Inventory Efficiency: Streamlined inventory systems help reduce costs and ensure product availability.
Weakness
Dependence on Key Customers: Loss of major customers could significantly impact revenue and operations.
Order Uncertainty: Customer orders may be delayed, changed, or cancelled, affecting financial stability.
Raw Material Dependency: Disruptions or cost increases in raw material supply may harm production and profitability.
Lead Manager(s)
Address
Unit 4A, Tirumala 22,
Premises No. 22,
East Topsia Road,
Kolkata, West Bengal, 700046
Phone: 033 4006 3154
Email: cs@pushpajewellers.in
Website: http://www.pushpajeweller.com/