Pushpa Jewellers IPO GMP Soars: What Grey Market Buzz Reveals for Investors

The Indian IPO market continues to attract attention in 2025, and the upcoming Pushpa Jewellers IPO has become the latest buzz in both primary and grey markets. With its legacy in traditional jewellery and a growing retail presence, investors are keeping a close eye on Pushpa Jewellers IPO GMP (Grey Market Premium) trends to assess potential listing gains. Here's a complete and updated analysis of what you need to know.

What is the Pushpa Jewellers IPO?

Pushpa Jewellers Limited, known for its high-quality gold and diamond jewellery, is stepping into the public market with a fresh issue aimed at funding business expansion and working capital requirements. With a strong customer base in Gujarat and Maharashtra, the company seeks to scale operations by strengthening its retail footprint.

Pushpa Jewellers IPO Details (Updated)

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Pushpa Jewellers IPO GMP Today (Grey Market Premium)

As of July 2, 2025, the Pushpa Jewellers IPO GMP is around ₹25 to ₹30 per share, indicating a premium of ~30% to 37% over the issue price of ₹81. This suggests strong grey market sentiment and possible upside on listing day.

This rising trend in GMP reflects increasing investor confidence, largely driven by the company's established presence in the jewellery market and steady financial performance.

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Company Financial Snapshot

Pushpa Jewellers has demonstrated consistent growth in revenue and profits:

• FY 2023 Revenue: ₹68.25 crore

• FY 2023 Net Profit: ₹3.21 crore

• EBITDA Margin: Steady at ~6.5%

The use of IPO proceeds to enhance inventory and expand showrooms is expected to improve top-line growth in the upcoming fiscal years.

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Should You Subscribe to Pushpa Jewellers IPO?

Here are some pros and cons to consider:

Pros:

• Strong brand recognition in regional markets

• Rising GMP reflects high demand

• Positive financial performance with growing revenue

• Affordable price band for SME investors

Cons:

• Intense competition in the unorganised jewellery sector

• SME IPOs are riskier due to lower liquidity post-listing

• Business is concentrated in select regions

For short-term listing gains, the current Pushpa Jewellers IPO GMP is a good indicator of interest, but long-term investors should evaluate business scalability and post-IPO strategy.

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Final Thoughts

The Pushpa Jewellers IPO GMP is generating solid traction ahead of the issue opening. With grey market trends pointing towards a healthy listing premium, retail investors are showing keen interest. However, one must balance enthusiasm with proper risk assessment.

Always consult with your financial advisor before making IPO investments. Stay tuned for listing day updates and performance insights post-IPO.