Price Band
₹143 - ₹147
Lot Size
1000
Issue Size
₹98.65 Cr
GMP
N/A
Subscription
2.46x
Analyzing...
IPO Schedule
1
Open
30 Jun 2025
2
Close
2 Jul 2025
3
Allotment
-
4
Listing
7 Jul 2025
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.
Key Strengths
- High Return on Equity (ROE) of 47.31% indicates strong profitability and efficient use of shareholder funds.
- Relatively low Price-to-Earnings (P/E) ratio of 12.44 suggests the IPO is reasonably priced compared to earnings.
- Established presence in the local market provides a stable customer base.
- Diverse product portfolio catering to various customer preferences.
- Experienced management team with a deep understanding of the jewelry industry.
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.
Valuation Analysis
The IPO appears reasonably valued considering the high ROE and relatively low P/E ratio; however, investors should carefully consider the risks associated with SME IPOs and potential volatility in commodity prices.
IPO Details
ExchangeNSE
SegmentSME
ISININE154801018
NSE SymbolPUSHPA
Face Value₹10
Lot Size1000
Issue Size₹98.65 Cr
Key Metrics
ROE47.31%
ROCE27.84%
P/E Ratio12.44
Industry P/E20
EPS11.82
PAT Margin7.93%
Debt/Equity0.38
Growth & Quality
ProfitableYes ✓
Subscription
Total0.36x
Imbalance Ratio1.0x
Documents
RHP not available
Key Dates
Open Date30 Jun 2025
Close Date2 Jul 2025
Listing7 Jul 2025