Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Pushpa Jewellers IPO vs Virtual Galaxy Infotech IPO

Comparison between Pushpa Jewellers IPO and Virtual Galaxy Infotech IPO.

IPO Details

Pushpa Jewellers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Virtual Galaxy Infotech IPO is a SME Bookbuilding proposed to list at NSE SME.

 Pushpa Jewellers IPOVirtual Galaxy Infotech IPO
LogoPushpa Jewellers IPO LogoVirtual Galaxy Infotech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersAffinity Global Capital Market Pvt.Ltd.Smart Horizon Capital Advisors Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Maashitla Securities Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Alacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO 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 Virtual Galaxy Infotech IPO is up to ₹88.52 Cr. The final issue price of Pushpa Jewellers IPO is ₹147.00 per share and of Virtual Galaxy Infotech IPO is ₹142.00 per share.

 Pushpa Jewellers IPOVirtual Galaxy Infotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹143.00 per share₹135.00 per share
Issue Price (Upper)₹147.00 per share₹142.00 per share
Issue Price (Final)₹147.00 per share₹142.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1000 shares
Fresh Issue Size50,34,000 shares62,34,000 shares
Fresh Issue Size (Amount)up to ₹74.00 Crup to ₹88.52 Cr
OFS Issue Size13,41,000 shares0 shares
OFS Issue Size (Amount)up to ₹19.71 Crup to ₹0.00 Cr
Issue Size Total63,75,000 shares62,34,000 shares
Issue Size Total (Amount)up to ₹93.71 Crup to ₹88.52 Cr

IPO Timetable

Pushpa Jewellers IPO opens on Jun 30, 2025, while Virtual Galaxy Infotech IPO opens on May 09, 2025. The closing date of Pushpa Jewellers IPO and Virtual Galaxy Infotech IPO is Jul 02, 2025, and May 14, 2025, respectively.

 Pushpa Jewellers IPOVirtual Galaxy Infotech IPO
Anchor Bid DateJun 27, 2025May 08, 2025
Issue OpenJun 30, 2025May 09, 2025
Issue CloseJul 02, 2025May 14, 2025
Basis Of Allotment (Tentative)Jul 03, 2025May 15, 2025
Initiation of Refunds (Tentative)Jul 04, 2025May 16, 2025
Credit of Share (Tentative)Jul 04, 2025May 16, 2025
Listing date (Tentative)Jul 07, 2025May 19, 2025
Anchor Lockin End date 1Aug 03, 2025Jun 14, 2025
Anchor Lockin End date 2Oct 02, 2025Aug 13, 2025

Financials & KPIs

Pushpa Jewellers IPO P/E ratio is 12.44, as compared to Virtual Galaxy Infotech IPO P/E ratio of 15.71.

 Pushpa Jewellers IPOVirtual Galaxy Infotech 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 Ended31 Mar 202531 Mar 202431 Mar 2023
Assets91.1051.4643.39
Total Income281.27255.49165.84
Profit After Tax22.2913.588.14
Net Worth58.1436.0822.50
Reserves and Surplus39.2835.8422.27
Total Borrowing21.938.2614.79
Amount in ₹ Crore

Virtual Galaxy Infotech Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets116.9384.3667.80
Total Income63.5859.7643.44
Profit After Tax16.540.720.40
Net Worth41.4020.4020.14
Reserves and Surplus30.409.409.14
Total Borrowing38.6438.8535.56
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0087.95
Promoter Shareholding (Post-Issue)77.2964.72
P/E Ratio12.4415.71
Market Cap₹356.08 Cr.₹353.13 Cr.
ROE47.31%53.52%
ROCE27.84%31.68%
Debt/Equity0.380.93
EPS₹11.82₹9.04
RoNW38.34%39.95%

Shares Offered

In the Pushpa Jewellers IPO Retail Individual Investors (RII) are offered 22,31,000 shares while in Virtual Galaxy Infotech IPO retail investors are offered 22,31,000 shares. Qualified Institutional Buyers (QIB) are offered 22,31,000 shares in Pushpa Jewellers IPO and 12,44,000 shares in Virtual Galaxy Infotech IPO.

 Pushpa Jewellers IPOVirtual Galaxy Infotech IPO
Anchor Investor Reserveration9,56,000 shares18,40,000 shares
Market Maker Reserveration3,36,000 shares3,36,000 shares
QIB22,31,000 shares12,44,000 shares
NII9,57,000 shares9,50,000 shares
RII22,31,000 shares22,00,000 shares
Employee0 shares0 shares
Others
Total63,75,000 shares62,34,000 shares

Bids Received (Subscription)

Pushpa Jewellers IPO subscribed 2.46x in total, whereas Virtual Galaxy Infotech IPO subscribed 231.45x.

 Pushpa Jewellers IPOVirtual Galaxy Infotech IPO
QIB (times)1.18x129.72x
NII (times)2.51x590.27x
Big NII (times)
Small NII (times)
RII (times)3.71x134.03x
Employee (times)
Other (times)
Total (times)2.46x231.45x