SMR Jewels IPO Date, Review, Price, Allotment Details

SMR Jewels IPO open date is May 26, 2026 and the IPO will close on June 3, 2026. SMR Jewels IPO is a Bookbuilding Issue. The company to raise around ₹63.74 crores via IPO that comprises fresh issue of ₹48 crores and offer for sale up to 9,80,000 equity shares with face value of ₹10 each.

SMR Jewels IPO price band is ₹125 to ₹128 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. SMR Jewels IPO to list on BSE SME on June 8, 2026. The allotment of SMR Jewels IPO date is June 4, 2026.

The company reported revenue of ₹263.25 crores in 2025 against ₹124.52 crores in 2024. The company reported profit of ₹10.41 crores in 2025 against profit of ₹3.85 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

SMR Jewels Solutions IPO

SMR Jewels IPO Details

IPO Open DateMay 26, 2026
IPO Close DateJune 3, 2026
Face Value₹10 Per Equity Share
IPO Price Band₹125 to ₹128 Per Share
Issue SizeApprox ₹63.74 Crores, 49,80,000 Equity Shares
Fresh IssueApprox ₹48 Crores, 37,51,000 Equity Shares
Offer for Sale:Approx ₹13 Crores, 9,80,000 Equity Shares
Issue TypeBook Building Issue
IPO Listing BSE SME
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

SMR Jewels IPO Review & Key Points

  • Review: Neutral

SMR Jewels IPO Market Lot

The SMR Jewels IPO minimum market lot is 2,000 shares with ₹2,70,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum22,000₹2,56,000
Retail Maximum22,000₹2,56,000
S-HNI Minimum33,000₹3,84,000
S-HNI Maximum77,000₹8,96,000
B-HNI Minimum88,000₹10,24,000

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor InvestorShares-%
QIB (Ex. Anchor)4,73,000 Shares9.50%
NII Shares Offered18,92,000 Shares37.99%
Retail Shares Offered23,66,000 Shares47.51%

SMR Jewels IPO Dates

The SMR Jewels IPO date is May 26 and the close date is June 3. The SMR Jewels IPO allotment will be finalized on June 4 and the IPO listing on June 8.

IPO Open Date:May 26, 2026
IPO Close Date:June 3, 2026
Basis of Allotment:June 4, 2026
Refunds:June 5, 2026
Credit to Demat Account:June 5, 2026
IPO Listing Date:June 8, 2026
IPO Bidding Cut-off Time:June 3, 2026 – 5 PM

Promoters and Holding Pattern

The promoters of the company are Mr. Vismay Manojkumar Soni, Mr. Jainil Virendra Soni, Mrs. Parul Manoj Soni, Mrs. Dipikaben Virendra Soni, Mrs. Drashti Pal Modi.

ParticularShares% Share
Promoter Holding Pre Issue1,46,53,74390.37%
Promoter Holding Post Issue1,86,53,74365.74%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
Funding capital expenditure requirements towards Construction of Jewellery Studio₹6.40
Funding towards Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions₹6.50
Funding long-term Working Capital Requirement₹30.00
Funding expenditure for General Corporate Purposes.₹-

About SMR Jewels IPO

SMR Jewels Limited, incorporated in 2018, is involved in the design and distribution of designer heritage jewellery. The company offers a wide range of jewellery collections, including nature-inspired designs based on flowers, leaves, vines, animals, and seasonal themes, as well as traditional jewellery such as Jadtar, Meenakari, Polki, and bridal and festive collections.  

The company’s client base includes several well-known jewellery brands such as HSJ, Rokde Jewellers, WHP, JOSCO Jewellers, Kalamandir Jewellers, Vaibhav Jewellers, and D. P. Abhushan Limited, highlighting its strong presence and trusted relationships within the jewellery industry. 

The Theme-Based Designer Heritage Jewellery draws inspiration from mythology, spirituality, and cultural narratives. Further, collections include designs inspired by Radha-Krishna, Buddha, and other revered icons, celebrating India’s legacy of storytelling and devotion. 

SMR Jewels IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2023₹67.53₹66.31₹0.91₹21.30
2024₹124.52₹119.26₹3.85₹15.06
2025₹263.25₹249.17₹10.41₹43.35
Dec 2025₹308.72₹283.76₹18.56₹85.43

SMR Jewels IPO Valuation – FY2025

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

KPIValues
ROE:71.76%
ROCE:47.92%
EBITDA Margin:5.76%
PAT Margin:3.96%
Debt to equity ratio: [.]
Earning Per Share (EPS):₹7.11(Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):43.14%
Net Asset Value (NAV):₹[.]

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Pushpa Jewellers4.5528.4214.8857.6170.98 Cr.
Khazanchi Jewellers Limited25.7625.9615.471091541.36 Cr.
Sky Gold & Diamonds Limited9.8030.9710.6666.93335.94 Cr.

IPO Lead Managers aka Merchant Bankers

  • Wealth Mine Networks Pvt. Ltd.

Company Address

SMR Jewels Ltd.
3 Vrindavan Appartments,
Gulbai Tekra
Ahmedabad, Gujarat, 380006
Phone: +91079 4941033
Email: [email protected]
Website: https://smrjewels.in/

IPO Registrar

Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query

SMR Jewels IPO FAQs

What is SMR Jewels IPO?

SMR Jewels IPO is SME IPO. The company is going to raise ₹63.74 Crores via IPO. The issue is priced at ₹125 to ₹128 per equity share. The IPO is to be listed on BSE SME.

When SMR Jewels IPO will open for subscription?

The IPO is to open on May 26, 2026 for QIB, NII, and Retail Investors. The IPO will close on June 3, 2026.

What is SMR Jewels IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the SMR Jewels IPO?

You can apply for SMR Jewels IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is SMR Jewels IPO Issue Size?

SMR Jewels IPO issue size is ₹63.74 crores.

What is SMR Jewels IPO Price Band?

SMR Jewels IPO Price Band is ā‚¹125 to ₹128.

What is SMR Jewels IPO Lot Size?

The minimum bid is 2,000 Shares with ₹2,56,000 amount.

What is the SMR Jewels IPO Allotment Date?

SMR Jewels IPO allotment date is June 4, 2026.

What is the SMR Jewels IPO Listing Date?

SMR Jewels IPO listing date is June 8, 2026. The IPO is to list on BSE SME.

Note: The SMR Jewels IPO price band and date are officially announced. The (SMR Jewels IPO grey market premium) will be added to the IPO GMP page as it will start).
Picture of Jagat Joshi

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.
Picture of Jagat Joshi

Jagat Joshi

2 Responses

  1. This stocks every day touch lover freeze .so what happened for this stocks.plase sagest me .

Join WhatsApp Channel