SMR Jewels IPO Details
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 ā¹2,70,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ā¹2,56,000 |
| Retail Maximum | 2 | 2,000 | ā¹2,56,000 |
| S-HNI Minimum | 3 | 3,000 | ā¹3,84,000 |
| S-HNI Maximum | 7 | 7,000 | ā¹8,96,000 |
| B-HNI Minimum | 8 | 8,000 | ā¹10,24,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | Shares | -% |
| QIB (Ex. Anchor) | 4,73,000 Shares | 9.50% |
| NII Shares Offered | 18,92,000 Shares | 37.99% |
| Retail Shares Offered | 23,66,000 Shares | 47.51% |
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.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,46,53,743 | 90.37% |
| Promoter Holding Post Issue | 1,86,53,743 | 65.74% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding capital expenditure requirements towards Construction of Jewellery Studio | ā¹6.40 |
| Funding towards Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions | ā¹6.50 |
| Funding long-term Working Capital Requirement | ā¹30.00 |
| Funding expenditure for General Corporate Purposes. | ā¹- |
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 companyās 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 Indiaās legacy of storytelling and devotion.
SMR Jewels IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹67.53 | ā¹66.31 | ā¹0.91 | ā¹21.30 |
| 2024 | ā¹124.52 | ā¹119.26 | ā¹3.85 | ā¹15.06 |
| 2025 | ā¹263.25 | ā¹249.17 | ā¹10.41 | ā¹43.35 |
| Dec 2025 | ā¹308.72 | ā¹283.76 | ā¹18.56 | ā¹85.43 |
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.
| KPI | Values |
| ROE: | 71.76% |
| ROCE: | 47.92% |
| EBITDA Margin: | 5.76% |
| PAT Margin: | 3.96% |
| Debt to equity ratio: | [.] |
| Earning Per Share (EPS): | ā¹7.11(Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 43.14% |
| Net Asset Value (NAV): | ā¹[.] |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Pushpa Jewellers | 4.55 | 28.42 | 14.88 | 57.6 | 170.98 Cr. |
| Khazanchi Jewellers Limited | 25.76 | 25.96 | 15.47 | 109 | 1541.36 Cr. |
| Sky Gold & Diamonds Limited | 9.80 | 30.97 | 10.66 | 66.9 | 3335.94 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: info@smrjewels.in
Website: https://smrjewels.in/
IPO Registrar
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: newissue@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
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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).



