Pushpa Jewellers IPO

NSELot: 1000

LISTEDSME
Issue Price147
Listing112
Current89
Price Band
143 - ₹147
Lot Size
1,000
Issue Size
₹98.65 Cr
GMP
0
Subscription
0.36x

IPO Schedule

1
Open
30 Jun
2
Close
2 Jul
3
Allotment
-
4
Listing
7 Jul

About Pushpa Jewellers

Pushpa Jewellers is an SME engaged in the retail jewelry business, offering a range of gold, diamond, and other precious metal jewelry. They primarily cater to the local market, focusing on traditional and contemporary designs.

Subscription Status

QIB
0.76x
NII
0.02x
Retail
0.11x
CategoryDay 3Day 2Day 1
QIB1.18x0.89x0.76x
NII2.51x1.23x0.02x
Retail3.71x1.60x0.11x
Total2.46x1.24x0.36x

Risk Factors

SME IPOs are inherently more volatile and carry higher risk compared to mainboard IPOs.
Fluctuations in gold and diamond prices can significantly impact profitability.
Competition from larger, established jewelry retailers poses a threat to market share.