Pushpa Jewellers IPO vs Vyara Tiles IPO

Comparison between Pushpa Jewellers IPO and Vyara Tiles IPO.

IPO Details

Pushpa Jewellers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vyara Tiles IPO is a SME Bookbuilding proposed to list at BSE SME.

	Pushpa Jewellers IPO	Vyara Tiles IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Affinity Global Capital Market Pvt.Ltd.	Share India Capital Services Pvt.Ltd.
Registrar	Cameo Corporate Services Ltd.	Kfin Technologies Ltd.
Market Maker	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pushpa Jewellers IPO is up to ₹93.71 Cr whereas the issue size of the Vyara Tiles IPO is up to ₹0.00 Cr. The final issue price of Pushpa Jewellers IPO is ₹147.00 per share and of Vyara Tiles IPO is .

	Pushpa Jewellers IPO	Vyara Tiles IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹143.00 per share
Issue Price (Upper)	₹147.00 per share
Issue Price (Final)	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares
Fresh Issue Size	50,34,000 shares	41,68,000 shares
Fresh Issue Size (Amount)	up to ₹74.00 Cr	up to ₹0.00 Cr
OFS Issue Size	13,41,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹19.71 Cr	up to ₹0.00 Cr
Issue Size Total	63,75,000 shares	41,68,000 shares
Issue Size Total (Amount)	up to ₹93.71 Cr	up to ₹0.00 Cr

IPO Timetable

Pushpa Jewellers IPO opens on Jun 30, 2025, while Vyara Tiles IPO opens on . The closing date of Pushpa Jewellers IPO and Vyara Tiles IPO is Jul 02, 2025, and , respectively.

	Pushpa Jewellers IPO	Vyara Tiles IPO
Anchor Bid Date	Jun 27, 2025
Issue Open	Jun 30, 2025
Issue Close	Jul 02, 2025
Basis Of Allotment (Tentative)	Jul 03, 2025
Initiation of Refunds (Tentative)	Jul 04, 2025
Credit of Share (Tentative)	Jul 04, 2025
Listing date (Tentative)	Jul 07, 2025
Anchor Lockin End date 1	Aug 03, 2025
Anchor Lockin End date 2	Oct 02, 2025

Financials & KPIs

Pushpa Jewellers IPO P/E ratio is 12.44, as compared to Vyara Tiles IPO P/E ratio of .

Pushpa Jewellers IPO

Vyara Tiles IPO

Financials

Pushpa Jewellers Limited Financial Information (Restated)

Pushpa Jewellers Limited's revenue increased by 10% and profit after tax (PAT) rose by 64% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	91.10	51.46	43.39
Total Income	281.27	255.49	165.84
Profit After Tax	22.29	13.58	8.14
Net Worth	58.14	36.08	22.50
Reserves and Surplus	39.28	35.84	22.27
Total Borrowing	21.93	8.26	14.79
Amount in ₹ Crore

Vyara Tiles Ltd. Financial Information (Restated)

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	99.21	76.99	67.82	55.82
Total Income	85.10	94.58	83.00	62.84
Profit After Tax	7.11	8.51	4.35	2.85
EBITDA	17.15	17.11	13.06	8.78
Net Worth	39.99	31.35	22.84	18.49
Reserves and Surplus	27.75	29.35	20.84	16.50
Total Borrowing	37.47	29.21	32.17	24.40
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00

97.85

Promoter Shareholding (Post-Issue)

77.29

P/E Ratio

12.44

Market Cap

₹356.08 Cr.

ROE

47.31%

31.42%

ROCE

27.84%

17.85%

Debt/Equity

0.38

0.93

EPS

₹11.82

RoNW

38.34%

31.42%

Shares Offered

In the Pushpa Jewellers IPO Retail Individual Investors (RII) are offered 22,31,000 shares while in Vyara Tiles IPO retail investors are offered 22,31,000 shares. Qualified Institutional Buyers (QIB) are offered 22,31,000 shares in Pushpa Jewellers IPO and 0 shares in Vyara Tiles IPO.

	Pushpa Jewellers IPO	Vyara Tiles IPO
Anchor Investor Reserveration	9,56,000 shares	0 shares
Market Maker Reserveration	3,36,000 shares	2,32,000 shares
QIB	22,31,000 shares	0 shares
NII	9,57,000 shares	0 shares
RII	22,31,000 shares	0 shares
Employee	0 shares	0 shares
Others
Total	63,75,000 shares	0 shares

Bids Received (Subscription)

Pushpa Jewellers IPO subscribed 2.46x in total, whereas Vyara Tiles IPO subscribed .

	Pushpa Jewellers IPO	Vyara Tiles IPO
QIB (times)	1.18x
NII (times)	2.51x
Big NII (times)
Small NII (times)
RII (times)	3.71x
Employee (times)
Other (times)
Total (times)	2.46x

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