Pushp Brand (India) has received the Securities and Exchange Board of India’s (SEBI) approval to raise funds through initial public offering (IPO). The company, which filed preliminary IPO papers in June, obtained 'final observation' from the regulator on August 27, 2026.
The IPO is an Offer for Sale of up to 74.45 lakh equity shares by existing shareholders. The OFS will include shares held by promoters Surendra Kumar Surana and Mahendra Kumar Surana, as well as investor shareholders A91 Emerging Fund I LLP and Sixth Sense India Opportunities III.
Established in Indore in 1974, Pushp Brand has grown from a regional spices business into a packaged food company operating under the Pushp and Munimji brands.
| Company Name | CMP |
|---|---|
| Nestle India | 1455.75 |
| Varun Beverages | 414.00 |
| Britannia Industries | 5310.60 |
| LT Foods | 439.00 |
| Hatsun Agro Product | 1175.20 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: