Incorporated in 2018, SMR Jewels Ltd. is engaged in the design and distribution of designer heritage jewellery, blending traditional craftsmanship with modern aesthetics. The company focuses on creating jewellery inspired by Indian culture, including heritage, nature-inspired, and festive collections.
Its product range includes intricate styles such as Jadtar, Meenakari, Polki, bridal sets, and contemporary designs influenced by natural elements like flowers and vines. These offerings cater to a wide spectrum of customers, from traditional wedding buyers to modern jewellery enthusiasts.
While the company does not own a manufacturing facility, it follows an asset-light model by outsourcing production to skilled artisans and craftsmen. At the same time, design and product development are handled in-house, allowing better control over creativity and customisation.
SMR Jewels has built relationships with several reputed jewellery retailers across India, including regional and national players. As of March 31, 2026, the company had 23 permanent employees, supported by an extended network of artisans and job workers.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 10% | 4,98,000 crores |
| Non-Institutional Investors (NIIs) | 40% | 19,92,000 crores |
| Retail Individual Investors (RIIs) | 50% | 24,90,000 crores |
Strong focus on designer heritage jewellery rooted in Indian traditions
Well-established relationships with jewellery retailers and boutique stores
In-house design capabilities supported by a skilled artisan network
Asset-light outsourcing model enabling flexibility and cost efficiency
Participation in exhibitions helping expand brand visibility and order pipeline
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 01 Jun '26 | -- | 02 Jun '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 49,80,000 shares (aggregating up to ₹2,56,000 crores) |
| Fresh Issue | 3,75,100 shares (aggregating up to ₹37,51,000 crores) |
| Offer for Sale | 98,000 shares of ₹10 (aggregating up to ₹9,80,000 crores) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 90.37 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of SMR Jewels ipo has been designed to ensure broad participation while maintaining optimal price discovery.
3 Vrindavan Appartments Gulbai Tekra Ahmedabad
Purva Sharegistry (India) Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| Wealth Mine Networks Pvt Ltd |