Pushpa Jewellers IPO Detail, Info, SME IPO Review, Analysis

The Pushpa Jewellers Limited investment opportunity provides investors an opportunity to invest in a growing jewelry manufacturing and trading company. Pushpa Jewellers Limited has a history of consistent growth and solid financial performance. This growing jewelry manufacturing and trading company is headquartered in Kolkata, West Bengal. As a Kolkata jewelry company the business has created significant market presence in domestic and regional jewelry markets. The company's operations are both a reflection, and a display of its strong fundamentals.

The push for Pushpa Jewellers IPO is ₹147 per share with an issue size of ₹93.71 crores and is going to be listed on BSE SME listing. There is a projected listing (₹147) with no premium currently indicating a reasonable valuation methodology. Many retail investors will be tracking the Pushpa Jewellers IPO GMP today and comparing it against other jewelry sector listings based on the IPO list.

IPO Dates for Pushpa Jewellers Limited

The Pushpa Jewellers Limited IPO is scheduled to open on June 30, 2025, and close on July 2, 2025. The allocation date is expected to be announced by July 3, 2025, with listing planned for July 7, 2025.

IPO Details Summary

Investors are closely monitoring the GMP of Pushpa Jewellers IPO, which currently shows stable demand ahead of listing. This IPO is also part of the growing Pushpa Jewellers IPO list on the BSE SME platform.

About Pushpa Jewellers Limited

Pushpa Jewellers Limited is an established company in the jewellery Manufacturing and Trading Company based in Kolkata, West Bengal. The Company has demonstrated the strong growth trajectory that has developed a reputation in the jewellery sector. Kolkata has afforded the Company great reach to of eastern India markets and also traditional jewellery trading networks. 

The Company is very active in jewellery manufacturing and retail sectors of the economy where its market position is strong for continued growth in both domesticmusdomestic and regional markets. It is aMtains focus on the creation of quality jewellery products and value oriented pricing strategies. 

In this IPO thaCompany is raising ₹93.71 crores through a 100% fresh issue. Pushpa Jewellers plan to use the IPO funds for expansion opportunities,cron replay production capacity, working capital needs, upgrade manufacturing infrastructure and strengthen the company standing in its market areas. Investors are keeping a close on the Pushpa Jewellers IPO GMP, and based on the market currently B is probably steady on jewellery sector opportunity. Godspeed !

Financial Performance of Pushpa Jewellers Limited

The company has demonstrated solid financial performance with consistent improvement across key metrics:

Performance Analysis

Pushpa Jewellers Limited has a strong growth story because the company's total assets grew from ₹21.79 crores in FY22 to ₹73.91 crores in Jun-24, which reflects substantial growth in its asset base. The revenue growth seen by Pushpa Jewellers is remarkable as the company achieved revenue of ₹255.49 crores in FY24, this demonstrates the company's ability to expand its operations and capture market opportunities in the jewelry market. In terms of profitability, the profit after tax has seen continuous improvement as it grew to ₹13.58 crores in FY24 from ₹6.17 crores in FY22, indicating great operational efficiency. The company has largely maintained healthy profit margins during its growth trajectory which indicates effective cost management strategies, pricing and product scheduling. Considering Pushpa Jewellers net worth, has seen significant growth from ₹14.35 crores to ₹43.56 crores this significant growth reflects both significant capital accumulation as well as business growth. Both the borrowings pattern also has had some ups and downs due to the borrowings for Jun-24 showing total borrowings of ₹18.64 crores indicating various borrowings are under management for capital requirements for the growth of the business. 

Like any investor looking across financials and Pushpa Jewellers IPO GMP today across the other jewelry and trading companies in the IPO listing in evaluation of potential investment and sector performance.

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines for SME listings:

Know Before Investing

Strengths

1. Consistent Growth Story:
The organization has displayed growth with asset growth from ₹21.79 crores to ₹73.91 crores highlighting its strong ability to grow the business.

2. Strong Revenue Performance:
The revenue growth from ₹73.91 crores to ₹255.49 crores has shown that the company can scale its operations and capture returns from the jewelry sector's substantial market.

3. Stable Profitability:
Consistent profit after tax growth from ₹6.17 crores to ₹13.58 crores indicates strong operational management and work hard for effective execution.

4. Growing Net Worth:
The growth of the net worth from ₹14.35 crores to ₹43.56 crores displays the company has been effective at capital building and retained earnings.

5. Strategic Location:
The placement of the company in Kolkata provides excellent connectivity to the eastern Indian markets and traditional jewelry trading networks which is advantageous to operating business.

6. Established Market Presence:
The company is well situated in jewelry manufacturing and trading with a history of demonstrating growth ability.

7. Sector Opportunities:
The jewelry sector is positively impacted with the increasing growing middle class in India, demand from a large wedding market, and positive cultural context around gold jewelry.

8. Experienced Management:
All relevant financial metrics show consistent improvement as a reflection of experienced leadership and operation capacity.

Risks

1. Fluctuations in Gold Prices:
Gold price volatility affects the jewelry business in terms of valuation of inventory and margins.

2. Dependence on Raw Material:
The price of gold and other precious metals is a key factor in the cost of production and working capital.

3. SME Platform Liquidity Risks:
BSE SME listings are characterised by lower liquidity and increased volatility than main board listings.

4. Seasonality in Demand:
Generally, jewelry sales are seasonal, prevailing around festivals and wedding seasons causing revenue fluctuations.

5. Intensity of Competition:
There is intensified competition from local and national jewelry retailers, both organized and unorganized.

6. Working Capital Pressures:
Jewelry businesses need considerable working capital for inventory management and acquisition of precious metals.

7. Regulation Changes:
Changes in import duties on gold, GST rates and hallmarking protocols will affect business activity.

8. Economic Sensitivity:
Jewelry consumer spending is discretionary, and therefore consumer behaviour and demand fluctuates with the economy.

How to Apply for Pushpa Jewellers Limited IPO?

Step-by-step guide (when IPO opens):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)
2. Navigate to the IPO section and select Pushpa Jewellers Limited IPO
3. Click "Apply"
4. Enter:
   • Lot size (minimum 1,000 shares)
   • Bid price (₹147 or select Cut-Off)
   • Your UPI ID
5. Submit the application
6. Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Important: Mandate must be approved before 5 PM on the same day or before IPO closes.

How to Check Pushpa Jewellers IPO Allotment Status?

Check on BSE

• Visit the BSE website
• Navigate to the IPO Allotment Section
• Select Pushpa Jewellers Limited IPO
• Enter PAN number or application number
• Submit details to get Pushpa Jewellers IPO BSE IPO allotment status

Check on the Registrar Portal

• Visit Cameo Corporate Services Limited's website
• Select IPO allotment status
• Choose Pushpa Jewellers Limited IPO
• Enter PAN or application number
• Submit to check status

Company Address

Name: Pushpa Jewellers Limited
Address: Unit 4A, Tirumala 22, Premises No. 22, East Topsia Road, Kolkata, West Bengal, 700046
Phone: 033 4006 3154
Email: cs@pushpajewellers.in
Website: www.pushpajeweller.com

IPO Registrar

Name: Cameo Corporate Services Limited
Address: Subramanian Building # 1, Club House Road, Chennai 600 002 - India
Phone: +91 44 28460390
Email: investor@cameoindia.com
Website: ipo.cameoindia.com

Conclusion

The IPO of Pushpa Jewellers Limited presents a compelling investment opportunity for those investors looking to gain exposure to the jewelry segment of India's economy. This company has a long record of sound consistent performance with revenue growing to ₹255.49 crores while still being quite profitable. With an IPO price of ₹147/share and an issue size of ₹93.71 crores, the Pushpa Jewellers IPO represents a reasonable pricing approach.

Kolkata provides the company with an excellent location within the region and allows access to traditional networks of jewelry trading and key markets within the region. Given the increasing demand from India's growing middle-income families and the cultural significance of gold jewelry in weddings growing, the industry has enormous growth potential.

Pushpa Jewellers has demonstrated strong consistency in its growth in terms of assets and net worth, demonstrating sound financial discipline and use of capital. It is worth noting to investors that jewelry is highly cyclical, and on the SME platform, the company may also experience potential volatility and limited liquidity after listing on the exchange as a public company.

With retail investors following Pushpa Jewellers IPO GMP today, checking Pushpa Jewellers IPO allotment status and figuring out how to look at jewelry sector opportunities listed in the IPO sector, this undoubtedly can be considered a value SME IPO opportunity for those investors looking for more exposure into India's jewelry manufacturing and retail growth trajectory.

---

Disclaimer : This analysis is prepared for educational purposes only and should not be considered as financial advice. Investors should consult their financial advisors and conduct thorough research before making investment decisions. Investments in small and medium enterprises are subject to higher risks, including market volatility, limited liquidity, and sector-specific challenges.

FAQs