Pushpa Jewellers SME IPO Subscription Status
Pushpa Jewellers SME IPO closed on 2 July 2025 with an overall subscription of 2.46x based on shares applied. QIB demand came in at 1.18x, NII at 2.51x, and retail at 3.67x.
Allotment will be finalised on 3 July 2025. The stock is scheduled to list on NSE and BSE on 7 July 2025.
Issue Price
Rs 147.00
GMP Today
-
Overall Subscription
2.46x
Issue Size
₹93.71 Cr
Allotment Date
3 Jul 2025
Listing Date
7 Jul 2025
Pushpa Jewellers SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 147.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 32.80 Cr | Rs 38.85 Cr | 1.18x |
| NII | Rs 14.07 Cr | Rs 35.32 Cr | 2.51x |
| IND | Rs 32.80 Cr | Rs 120.41 Cr | 3.67x |
| Total | Rs 79.66 Cr | Rs 194.58 Cr | 2.44x |
Pushpa Jewellers SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 22,31,000 | 26,43,000 | 1.18x |
| NII | 9,57,000 | 24,03,000 | 2.51x |
| IND | 22,31,000 | 81,91,000 | 3.67x |
| Total | 54,19,000 | 1,32,37,000 | 2.44x |
What Do These Subscription Numbers Mean?
A subscription of 2.46x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.18x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.18x, it reflects serious institutional conviction.
NII at 2.51x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 3.67x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Pushpa Jewellers SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 3.67x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Pushpa Jewellers SME IPO Allotment Status page from 3 July 2025 for your allotment result.
Pushpa Jewellers SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 30 Jun 2025 | 0.76x | 0.02x | 0.11x | 0.36x |
| Day 2 - 1 Jul 2025 | 0.89x | 1.23x | 1.60x | 1.24x |
| Day 3 - 2 Jul 2025 | 1.18x | 2.51x | 3.67x | 2.44x |
Pushpa Jewellers SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 30 June 2025 |
| IPO Close Date | 2 July 2025 |
| Allotment Date | 3 July 2025 |
| Refund Initiation | 4 July 2025 |
| Share Credit to Demat | 4 July 2025 |
| Listing Date | 7 July 2025 |
| Minimum Investment | Rs 2,94,000.00 |
| Lot Size | 1000 shares |
About Pushpa Jewellers SME
Pushpa Jewellers Limited, established in June 2009, is a prominent jewellery manufacturer in India, specializing in lightweight 22kt gold jewellery that blends traditional Indian craftsmanship with evolving modern designs. Their diverse product portfolio includes necklaces, rings, earrings, bangles, bracelets, pendants, Mangal sutras, and kadas, often adorned with fine stones like Emerald, Jade, Pearl, and Meena. The company operates on a wholesale B2B model, selling products in bulk to retailers, wholesalers, and corporate clients across India and internationally, with exports to Dubai, the United States, and Australia.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Pushpa Jewellers SME IPO Subscription FAQs
What is Pushpa Jewellers SME IPO subscription status today?
Pushpa Jewellers SME IPO subscription closed on 2 July 2025 with overall subscription of 2.46x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 1.18x, NII 2.51x, IND 3.67x.
What is the overall subscription of Pushpa Jewellers SME IPO?
Pushpa Jewellers SME IPO is subscribed 2.46x overall by shares at close on 2 July 2025. QIB 1.18x, NII 2.51x, and IND 3.67x.
What is Pushpa Jewellers SME IPO QIB subscription?
Pushpa Jewellers SME IPO QIB (Qualified Institutional Buyers) subscription is 1.18x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Pushpa Jewellers SME IPO IND subscription?
Pushpa Jewellers SME IPO IND subscription is 3.67x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Pushpa Jewellers SME IPO NII subscription?
Pushpa Jewellers SME IPO NII (Non-Institutional Investors) subscription is 2.51x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Pushpa Jewellers SME IPO for retail?
Pushpa Jewellers SME IPO retail share subscription is 3.67x. Application-wise data is needed for accurate lottery odds.
When is Pushpa Jewellers SME IPO allotment date?
Pushpa Jewellers SME IPO allotment date is 3 July 2025. Check Pushpa Jewellers SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Pushpa Jewellers SME IPO subscription close?
Pushpa Jewellers SME IPO subscription closed on 2 July 2025. No new applications are accepted after the close.
What is Pushpa Jewellers SME IPO GMP today?
GMP for Pushpa Jewellers SME IPO is not available yet. Track Pushpa Jewellers SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Pushpa Jewellers SME IPO issue price and lot size?
Pushpa Jewellers SME IPO issue price is ₹147 per share. Lot size is 1000 shares. Minimum investment is ₹2,94,000 per lot (minimum 2 lots for SME). Issue size: ₹93.71 Cr.
When is Pushpa Jewellers SME IPO listing date?
Pushpa Jewellers SME IPO listing date is 7 July 2025 on NSE and BSE. Allotment is on 3 July 2025.
How does subscription affect Pushpa Jewellers SME IPO allotment?
Allotment odds in Pushpa Jewellers SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 2.46x overall, competition is moderate.
For allotment results from 3 July 2025, visit the Pushpa Jewellers SME IPO Allotment Status page. For listing day updates on 7 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.