Pushp Brand filed a DRHP for an IPO

Pushp Brand IPO date is not announced yet. Pushp Brand is a book built issue and have plan to raise around ?[.] crores via IPO that comprises fresh issue of ?[.] crores and offer for sale of ?[.] crores, up to 7,445,000 Equity Shares with face value of ?5 each. The retail quota is 35%, QIB is 50%, and HNI is 15% as per DRHP. The IPO to list on NSE and BSE.

Pushp Brand (India), one of the leading packaged spices companies, has submitted its DRHP to market regulator SEBI to raise funds via an IPO.

As per the draft papers, this IPO will be entirely an Offer-for-Sale of up to 74.45 lakh equity shares with no fresh issue component and a face value of ?5. Meaning the funds raised from the IPO will not go to the company’s growth, and the shareholders will exit the company.

In the OFS component, promoters Mahendra Kumar Surana and Surendra Kumar Surana each will be selling 8.4 lakh shares, A91 Emerging Fund I LLP will sell 42.2 lakh, and Sixth Sense India Opportunities III will offload 15.45 lakh equity shares.

The book-running lead managers to the IPO are ICICI Securities, IIFL Capital Services, and Systematix Corporate Services. While the registrar to the company is KFin Technologies Limited.

Incorporated in 1974, Pushp Brand is a growing packaged spices and food company in India known to offer pure, high-quality, and authentic packaged spices. Its product portfolio includes CTC Spices, Blended Spices, Soya Chunks, Whole Spices, Quick Fry, Shahi Hing, Western Spices, and Sprinkles.

The firm has over 50 years of experience in the packaged spice market. Its products are available in 24 states, including Madhya Pradesh, Chhattisgarh, Rajasthan, Maharashtra, Uttar Pradesh, Bihar, Jharkhand, and Gujarat.

Financially, in FY26, the firm reported a revenue of ?481.9 crore, 19% up from ?404.6 crore in the previous year. While the Profit increased to ?59 crore, 28.6% up from ?45.9 crore in the past year.
The Equity shares of the issue are proposed to be listed at NSE Limited and BSE Limited. For more such IPO related updates and queries, Contact IPO Watch.

Pushp Brand IPO Prospectus:

DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	To be Updated Soon

Pushp Brand Company Financial Report

Amount ? in Crores

Period Ended	Revenue	Expense	Profit After Tax
2024	?401.87	?356.67	?33.33
2025	?411.99	?350.36	?45.86
2026	?490.71	?411.01	?58.95

Pushp Brand IPO Valuation – FY2026

Pushp Brand IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):	?21.07 (Basic)
Price/Earning P/E Ratio:	N/A
Return on Net Worth (RoNW):	19.24%
Net Asset Value (NAV):	?153.17

Peer Group Comparison

Company	EPS	PE Ratio	RoNW %	NAV	Income
Tata Consumer Products Limited	15.59	76.69	7.08	220.17	20,290.43 Cr.
Orkla India Limited	20.90	31.11	10.39	200.75	2,509.14 Cr.

IPO Lead Managers aka Merchant Bankers

ICICI Securities Limited
IIFL Capital Services Limited
Systematix Corporate Services Limited