| IPO Date | May 26, 2026 to June 3, 2026 |
| Listing Date | June 8, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 125 to ₹ 128 / Share |
| Lot Size | 1000 Shares |
| Total Issue Size | 4980000 (Aggregating up to 64) |
| Fresh Issue | 3751000 (Aggregating up to 48 ) |
| Offer for Sale | 980000 (Aggregating up to 13 ) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 14653743 |
| Share holding post issue | 18653743 |
| Market Maker portion |
SMR Jewels IPO opens on May 26, 2026, and closes on June 3, 2026.
| IPO Open Date | May 26, 2026 |
| IPO Close Date | June 3, 2026 |
| Basis of Allotment | June 4, 2026 |
| Initiation of Refunds | June 5, 2026 |
| Credit of Shares to Demat | June 5, 2026 |
| Listing Date | June 8, 2026 |
| Cut-off time for UPI mandate confirmation | -- |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | Rs.256,000 |
| Retail (Max) | 2 | 2,000 | Rs.256,000 |
| S-HNI (Min) | 3 | 3,000 | Rs.384,000 |
| S-HNI (Max) | 7 | 7,000 | Rs.896,000 |
| B-HNI (Min) | 8 | 8,000 | Rs.1,024,000 |
| HNI (Min) |
| Share Holding Pre Issue | 14653743 |
| Share Holding Post Issue | 18653743 |
SMR Jewels IPO comprises a total issue size of 49,80,000 shares. The net offer to the public is 47,31,000 shares, after excluding 2,49,000 shares allotted on a firm basis. Of the Net offer 4,73,000 (10.00%) are allocated to QIB, 18,92,000 (39.99%) allocated to NII 23,66,000 (50.01%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 249000 |
5.00 |
| Other Shares Offered | |
|
| QIB Shares Offered | 473000 10.00 |
9.50 |
| NII (HNI) Shares Offered | 1892000 39.99 |
37.99 |
| bNII > ₹10L | 1262000 |
25.34 |
| sNII < ₹10L | 630000 |
12.65 |
| Retail Shares Offered | 2366000 50.01 |
47.51 |
| Employee Shares Offered | |
|
| Total Shares Offered | 4980000 100.00 |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in 2018, SMR Jewels Limited is engaged in the design and distribution of Designer Heritage Jewellery.
The company’s portfolio also includes Nature-Inspired Jewellery, reflecting designs influenced by flowers, leaves, vines, animals, and seasonal motifs, and Traditional Jewellery, comprising Jadtar, Meenakari, Polki, and Bridal & Festive collections. These creations cater to diverse preferences, from ornate heritage sets to contemporary designs for weddings and festivals.
SMR Jewels does not own a manufacturing facility but outsources production to skilled artisans and craftsmen, while conceptualization and design are managed in-house.
Its clientele includes reputed jewellers such as HSJ, Rokde Jewellers, WHP, JOSCO Jewellers, Kalamandir Jewellers, Vaibhav Jewellers, and D. P. Abhushan Limited.
As of , March 31, 2026, the company employed 23 permanent staff members supported by a broader network of artisans and job workers.
| KPI | Values |
|---|---|
| ROE | 55.52 |
| ROCE | 50.18 |
| Debt/Equity | |
| RoNW | 43.54 |
| P/BV | 4.63 |
| PAT Margin (%) | 6.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.11 | 13.26 |
| P/E (x) | 18.01 | 9.65 |
Vismay Manojkumar Soni, Jainil Virendra Soni, Parul Manoj Soni, Dipikaben Virendra Soni and Drashti Pal Modi
SMR Jewels Ltd. Address 3, Vrindavan Appartments Gulbai Tekra Ahmedabad, Gujarat, 380006
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