Pushpa Jewellers IPO Upcoming
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Schedule of Pushpa Jewellers
| Issue open date | 30 Jun 2025 |
| Issue close date | 02 Jul 2025 |
| UPI mandate deadline | 02 Jul 2025 (5 PM) |
| Allotment finalization | 03 Jul 2025 |
| Refund initiation | 04 Jul 2025 |
| Share credit | 04 Jul 2025 |
| Listing date | 07 Jul 2025 |
| Mandate end date | 17 Jul 2025 |
| Lock-in end date for anchor investors (50%) | 02 Aug 2025 |
| Lock-in end date for anchor investors (remaining) | 01 Oct 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Pushpa Jewellers
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.
The company specializes in traditional and modern gold jewellery featuring premium stones including emerald, jade, pearl, and meena work. Operating through three office-cum-showrooms in Hyderabad, Bangalore, and Chennai, Pushpa Jewellers maintains an integrated approach combining in-house design capabilities with outsourced manufacturing through experienced Karigars in Kolkata.
The company’s diversified product portfolio encompasses necklaces, rings, earrings, bangles, bracelets, pendants, mangalsutras, and kadas designed for bridal, occasional, and daily wear. Serving a wholesale customer base of national, regional, and local family jewellers across India, Pushpa Jewellers focuses on intricate designs, quality craftsmanship, and competitive pricing while maintaining regional customization to reflect local customer preferences.
Financials of Pushpa Jewellers
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹98.65 crores |
| Fresh Issue | ₹78.94 crores |
| Offer for Sale | ₹19.71 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| To meet working capital expenses | 39.54 (40.08%) |
| To finance the Establishment of the proposed new showroom | |
|
1.9 (1.93%) |
|
3.46 (3.51%) |
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.
Allotment Status for Pushpa Jewellers
To check your allotment status – click here.