Pushpa Jewellers Limited, established in 2009 as a private limited company, transitioned to a public limited company in 2024. Promoters Mr. Mridul Tibrewal, Mr. Anupam Tibrewal, and Mr. Madhur Tibrewal spearhead the company, with Mr. Mridul Tibrewal acquiring his initial holding in 2010. The company specializes in traditional and modern gold jewellery, leveraging skilled Karigars in Kolkata for intricate carving and processing.
Primarily a B2B jewellery manufacturer, Pushpa Jewellers caters to a wide domestic market and exports to international destinations, including Dubai, Australia, and the United States. Their jewellery incorporates some of the world's finest stones, such as Emerald, Jade, Pearl, and Meena, focusing on exceptional craftsmanship. The company's operations are supported by three office-cum-showrooms in Hyderabad, Bangalore, and Chennai, with the Chennai branch launched in 2022.
Pushpa Jewellers operates a bulk-selling model, targeting retailers, wholesalers, and corporations integrating jewellery into their product offerings. As part of its growth strategy, the company proposes an Initial Public Offering (IPO) of up to 67.11 lakh equity shares, with 53.68 lakh shares as a fresh issue and 13.42 lakh shares offered for sale.
With its focus on superior craftsmanship, diverse portfolio of jewellery offerings, and presence in both domestic and international markets, Pushpa Jewellers represents an opportunity for traders interested in the gold jewellery and export-oriented sectors.