
SMR Jewels IPO
SMR
Last updated on 23/10/2026 | 07:00 IST
SMR Jewels IPO is a book built issue of ₹49,80,000 crores. The issue is a combination of a fresh issue and an offer for sale. The subscription opens on 26 May '26 and closes on 03 Jun '26, with the basis of allotment expected to be finalised on 01 Jun '26. The shares are scheduled to list on BSE. The price band is set at ₹125 to ₹128 per share with a minimum lot size of 1,000 shares. Wealth Mine Networks Pvt Ltd is the book-running lead manager, while Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue; for detailed information, refer directly to the official SMR Jewels IPO RHP.
Free Demat with Zero AMC*
+ Free 1st Year AMC
SMR Jewels IPO Dates & Details
Open Date
26 May '26
Close Date
03 Jun '26
Allotment Date
01 Jun '26
Refund Date
02 Jun '26
Listing Date
To be announced
Price Range
₹125 - ₹128
Min Investment
₹2,56,000
Lot Size
1,000
Listing at
BSE
IPO Document
SMR Jewels IPO Subscription Breakdown
| 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 |
About SMR Jewels Ltd IPO
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.
Objective of SMR Jewels IPO
- Key Highlights of the IPO Process
- Essential Insights for Investors
- Steps to Maximize Your Investment Potential
SMR Jewels IPO Strengths & Weaknesses
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
Dependence on third-party artisans for manufacturing may impact consistency and timelines
Unregistered designs increase the risk of imitation by competitors
No ownership of registered office may lead to operational disruptions if relocation is required
Order cancellations or delays can affect revenue visibility and cash flows
SMR Jewels IPO Issue Details
| 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 |
SMR Jewels IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of SMR Jewels ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for SMR Jewels IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
SMR Jewels IPO Contact & Registrar Details
Contact Details
Address
3 Vrindavan Appartments Gulbai Tekra Ahmedabad
Phone Number
Website
Registrar Details
Registrar Name
Purva Sharegistry (India) Pvt.Ltd.
Phone Number
SMR Jewels Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Wealth Mine Networks Pvt Ltd |


