Pushpa Jewellers Ltd IPO
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Pushpa Jewellers Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 67.11 L | ₹ 13.41 L | ₹ 22.31 L | ₹ 188.53 L | NSE | ₹ 98.65 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Jun, 25 | 02 Jul, 25 | 1000 | ₹ 1,43,000 | Book Building - SME | 07 Jul, 25 |
Pushpa Jewellers Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Diamond Cutting |
| Sub Sector | Jewellery |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0.83x | 3187000 | 2643000 |
| NII | 2.86x | 957000 | 2739000 |
| Retail | 3.71x | 2231000 | 8269000 |
| Employee | 0x | 0 | 0 |
| Total | 2.03x | 6711000 | 13651000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Pushpa Jewellers Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 30.47 | 18.70 | 12.30 |
| EBITDA | 31.14 | 19.25 | 12.69 |
| PAT | 22.29 | 13.58 | 8.14 |
| Total Assets | 70.78 | 40.66 | 31.72 |
| Share Capital | 18.85 | 0.23 | 0.23 |
| Total Borrowings | 33.68 | 13.53 | 16.89 |
| Operating Activities (Net Cash) | 22.96 | 14.13 | 8.53 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 33.68 | 13.53 | 16.89 |
| Net Cashflow | 3.87 | 2.03 | 0.05 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Pushpa Jewellers Ltd
5Our Company was originally incorporated on June 03, 2009 at Kolkata, West Bengal as a Private Limited Company in the name and style of Pushpa Jewellers Private Limited under the provisions of the Companies Act, 1956 vide Certificate of Incorporation bearing CIN: U27310WB2009PTC135593 issued by the Registrar of Companies, Kolkata. Further, our Company was converted into a Public Limited Company pursuant to Special Resolution passed by the shareholders of our Company at the Extra-Ordinary General Meeting held on April 19, 2024 and consequently the name of our Company was changed from Pushpa Jewellers Private Limited to Pushpa Jewellers Limited and a fresh certificate of incorporation dated July 29, 2024 pursuant to conversion from Private Limited Company to Public Limited Company was issued by the Registrar of Companies, Central Processing Centre bearing CIN: U27310WB2009PLC135593.
As per the current market research conducted by Custom Market Insight Market Research Team, the global jewellery market is expected to record a CAGR of 4.6% from 2023 to 2030. In 2023, the market size is projected to reach a valuation of US$ 356.36 billion by 2030, the valuation is anticipated to reach US$ 488.21 billion The India jewellery market size is estimated at USD 85.52 billion in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. India jewellery market accounted for the share of 24.21% of the global jewellery market in 2023.
We are a wholesaler jewellery maker in B2B with a presence across India. Our jewellery business includes the sale of wide range of Traditional and Modern Gold jewellery. Our main focus is in detailing and highlighting small areas minutely as our jewellery consists of some of the world's finest stones namely Emerald, Jade, Pearl and Meena. We have a presence across multiple regions in India and we also export our jewellery in international markets like Dubai, United States and Australia. Our story is woven into each piece of gold jewellery we create. With a legacy spanning decade, we have honed our craft to perfection, bringing forth a diverse array of intricately designed necklaces, bracelets, earrings and rings. Each piece is a testament to our commitment to preserving rich heritage while embracing modern aesthetics.
Peer Comparison:
- Pushpa Jewellers Limited
- Sky Gold Limited
- Khazanchi Jewellers Limited
Pushpa Jewellers Ltd IPO Key Points
Strengths
- Distinctive Brand Identity and Innovative Design.
- Experience of its Promoters and senior management team.
- Quality assurance.
- Efficient Inventory Management.
- Safety, Security and Surveillance Systems.
Risk
- The company is supplying to certain key customers, from whom the company derives a significant portion of its revenues. The loss of any significant customer may have a material and adverse effect on its business and results of operations.
- Orders placed by customers may be delayed, modified or cancelled, which may have an adverse effect on its business, financial condition and results of operations
- The company is highly dependent on its suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of our raw materials, or an increase in its raw material costs and other input costs, may adversely affect the pricing and supply of the company products with subsequently having an adverse effect on the business, results of operations and financial conditions of the company.
Strategy
- Opening New Showrooms to Widen its Geographical Reach and Increase Product Portfolio.
- Streamlined Operations via Inbuilt SAAS Systems.
- Corrective And Preventive Actions (CAPA)- The company Does not Make Same Mistakes Twice.
- Artificial Intelligence (AI) Fueled Lead Management.
- Accelerated Team Building for Sales and Marketing.
- Distinctive Brand Identity and Innovative Design.
- Experience of its Promoters and senior management team.
- Quality assurance.
- Efficient Inventory Management.
- Safety, Security and Surveillance Systems.
How To Apply for Pushpa Jewellers Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
