SMR Jewels IPO
SMR Jewels is a BSE SME IPO is priced at ₹128–₹135 per share with an issue size of ₹67.23 crore. The IPO opens on May 26, 2026 and closes on May 29, 2026, with a lot size of 1000 shares and a minimum investment of ₹2,70,000.
SMR Jewels Limited IPO
- IPO Dates
- May 26, 2026 – May 29, 2026
- Price band
- ₹128-135 per equity share
- Minimum Investment
- ₹2,70,000
- Issue size
- ₹67.23 Cr
- Lot size
- 1000
- Allotment Date
- Jun 1, 2026
- Listing
- Jun 3, 2026
- Listing At
- BSE SME
IPO timeline
-
May 26, 2026
Open Date
Completed
-
May 29, 2026
Close Date
Completed
-
Jun 1, 2026
Allotment Date
Completed
-
Jun 3, 2026
Listing Date
Completed
SMR Jewels IPO Live Subscription Details
View Subscription DetailsSMR Jewels IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:SMR Jewels IPO Essentials
SMR Jewels IPO Details
SMR Jewels IPO is priced at ₹128-135 per share with a total issue size of 67.23 crore. The IPO has a lot size of 1000 shares and will be listed on BSE SME.
- Issue price
- ₹128-135 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 49,80,000 shares(agg. up to ₹67.23 Cr)
- Total issue size
- 49,80,000 shares
(aggregating up to ₹67.23 crore) - Fresh issue
- 40,00,000 shares
(aggregating up to ₹54 crore) - Offer for sale (OFS)
- 9,80,000 shares
(aggregating up to ₹13.23 crore) - Listing at
- BSE SME
- Listing date
- Registrar
- Purva Sharegistry (India) Pvt.Ltd.
- Lead manager
-
Wealth Mine Networks Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,000 | ₹2,70,000 |
| Individual(max) | 2 | 2,000 | ₹2,70,000 |
| sHNI(min) | 3 | 3,000 | ₹4,05,000 |
| sHNI(max) | 7 | 7,000 | ₹9,45,000 |
| sHNI(min) | 8 | 8,000 | ₹10,80,000 |
SMR Jewels IPO Reservation
SMR Jewels IPO reservation details show category-wise allocation of shares. Out of the total 4980000 shares, approximately 9.5% are reserved for QIB, 38.01% for NII, 47.49% for retail investors, and 5% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 249000 (5%) | |
| QIB Shares Offered | 473000 (9.5%) | |
| NII (HNI) Shares Offered | 1893000 (38.01%) | |
| bHNI > ₹10L | 1263000 (25%) | 421 |
| sHNI < ₹10L | 630000 (12%) | 210 |
| Individual Shares Offered | 2365000 (47.49%) | 1183 |
| Total Shares Offered | 4980000 (100%) |
SMR Jewels IPO Analytics
SMR Jewels Valuations
Earnings
- EPS Pre IPO
- ₹7.11/-
- EPS Post IPO
- ₹13.26/-
- P/E Pre IPO
- 19.0
- P/E Post IPO
- 10.18
Returns
- ROE
- 55.52%
- ROCE
- 50.18%
- RoNW
- 43.54%
- PAT Margin
- 6.01%
Fundamentals
- Price / Book
- 4.63
- Market Cap
- ₹251.83 Cr.
SMR Jewels Financials( In Crs.)
| 31-Dec-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 85.43 | 43.35 | 15.06 | 21.30 |
| Revenue | 308.72 | 263.25 | 124.52 | 67.53 |
| Profit After Tax | 18.56 | 10.41 | 3.85 | 0.91 |
| Net Worth | 42.69 | 24.14 | 4.88 | 1.04 |
| Reserves & Surplus | 28.04 | 19.25 | 4.87 | 1.03 |
| Total Borrowing | 16.54 | 8.57 | 7.65 | 6.33 |
SMR Jewels Company & Offer Insights
About SMR Jewels
Incorporated in 2018, SMR Jewels Limited designs and distributes Designer Heritage Jewellery.
SMR Jewels' product line comprises Nature-Inspired Jewellery, which is inspired by floral, leaf, vine, animal, and seasonal designs, and Traditional Jewellery, which consists of Jadtar, Meenakari, Polki, and Bridal & Festive collections. The products serve varied tastes from intricate heritage jewellery to modern jewellery for wedding and festival celebrations.
The company does not have its own manufacturing unit; however, it sources its manufacturing needs from artisans and craftsmen, whereas the conceptualization and designing are done internally.
Some of its clients include renowned jewelers like HSJ, Rokde Jewellers, WHP, JOSCO Jewellers, Kalamandir Jewellers, Vaibhav Jewellers, and D. P. Abhushan Limited.
On June 30, 2025, the company had a total of 20 permanent employees along with artisans and job workers.
SMR Jewels Promoter(s)
Mr. Vismay Manojkumar Soni, Mr. Jainil Virendra Soni, Mrs. Parul Manoj Soni, Mrs. Dipikaben Virendra Soni, Mrs. Drashti Pal Modi are the company's promoters of SMR Jewels.
SMR Jewels IPO Issue Objectives
- •
- Funding capital expenditure requirements towards Construction of Jewellery Studio - ₹6.40 Cr.
- •
- Funding towards Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions - ₹6.50 Cr.
- •
- Funding Long Term working capital requirement - ₹30.00 Cr.
- •
- Funding expenditure for General Corporate Purposes.
Contact Information
Contact Details
SMR Jewels
+91 079 4941033
3, Vrindavan Appartments, Gulbai Tekra, Ahmedabad, Gujarat.
Registrar Contact Details
Purva Sharegistry India Pvt Ltd
+91-022-23018261/ 23016761
Frequently Asked Questions
Click any question to reveal the answer
SMR Jewels IPO is a book-built IPO worth ₹67.23 crore. The price band is ₹128–₹135 per share. The IPO opens on May 26, 2026 and closes on May 29, 2026. It will be listed on BSE SME Platform. Purva Sharegistry (India) Pvt. Ltd. is the registrar.
The price band of SMR Jewels IPO is ₹128 to ₹135 per share.
The lot size of SMR Jewels IPO is 1000 shares.
The minimum investment for SMR Jewels IPO is approximately ₹2,70,000 based on the upper price band .
SMR Jewels IPO opens on May 26, 2026 and closes on May 29, 2026.
The allotment date of SMR Jewels IPO is Jun 1, 2026.
SMR Jewels IPO is expected to be listed on Jun 3, 2026, on BSE SME Platform.
The Grey market premium (GMP) for SMR Jewels IPO indicates market sentiment and potential listing expectations based on unofficial trading activity.
SMR Jewels IPO valuation snapshot: P/E 10.18, EPS ₹13.26/-, P/B 4.63, RoNW 43.54%, and market cap ₹251.83 Cr.
To apply for SMR Jewels IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of SMR Jewels IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for SMR Jewels IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check SMR Jewels IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SMR Jewels IPO allotment status on IPO Ji for quick and easy access.