Pushpa Jewellers logo

Pushpa Jewellers

NSE SMEClosed

IPO Timeline

Issue open date

30 Jun 2025

Issue close date

2 Jul 2025

UPI mandate deadline

2 Jul 2025

Allotment finalization

3 Jul 2025

Refund initiation

4 Jul 2025

Share credit

4 Jul 2025

Listing date

7 Jul 2025

Mandate end date

17 Jul 2025

Lock-in end date for anchor investors (50%)

2 Aug 2025

Lock-in end date for anchor investors (remaining)

1 Oct 2025

Key Dates

Open
30 Jun 2025
Close
2 Jul 2025
Listing
7 Jul 2025

Quick Stats

Issue Size:99cr
Lot Size:1000 shares

Issue Details

Issue Size:99cr
Offer for Sale:13,41,000 Shares
Face Value:10
Listing At:NSE SME

Reservation

50%
QIB
15%
NII
35%
Retail

About the Company

Originally incorporated in 2009 and converted to a public limited company in 2024, Pushpa Jewellers Limited operates as a prominent B2B jewellery manufacturer with operations across India and international markets including Dubai, United States, and Australia.

Strengths

  • Hallmarked, high-quality products ensured through strict checks.
  • Tech-driven inventory systems ensure optimal stock and efficiency.
  • Robust 24/7 security systems and protocols safeguard inventory and operations.
  • Unique, trend-driven designs and strong brand identity built on innovation and tradition.

Risks

  • High revenue dependence on a few key customers poses risk of business volatility.
  • Order delays, changes, or cancellations can impact revenue and cash flow predictability.
  • Heavy reliance on few suppliers risks disruptions and cost volatility in raw material procurement.
  • Dependence on non-exclusive Karigars risks production disruptions and quality issues.
  • Verbal orders risk miscommunication, errors, and inefficiencies in scaling operations.
  • Dependence on third-party transport risks delays, rising costs, and supply disruptions.