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Open
26 May to 3 Jun, 2026
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Close
26 May to 3 Jun, 2026
3
Allotment
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Listing
Mon, Jun 8, 2026
Price Band
₹125 to ₹128
Issue Size
49,80,000 shares (agg. up to ₹64 Cr)
Lot Size
1,000 Shares
Listing Date
Mon, Jun 8, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
08-06-2026₹0Est. ₹128+0%
07-06-2026₹0Est. ₹128+0%
06-06-2026₹0Est. ₹128+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.12x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 85.43 | 43.35 | 15.06 | 21.30 |
| Total Income | 308.72 | 263.25 | 124.52 | 67.53 |
| Profit After Tax | 18.56 | 10.41 | 3.85 | 0.91 |
| EBITDA | 26.71 | 15.17 | 6.14 | 1.96 |
| NET Worth | 42.69 | 24.14 | 4.88 | 1.04 |
| Reserves and Surplus | 28.04 | 19.25 | 4.87 | 1.03 |
| Total Borrowing | 16.54 | 8.57 | 7.65 | 6.33 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹78.05 (-2.32%) |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹165.65 (-4.99%) |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹69.40 (+4.99%) |
| Pushpa Jewellers Ltd. | SME | ₹98.65 Cr | ₹147 | 12.44 | ₹117.60 | -20.00% | ₹118.05 (-0.13%) |
| AJC Jewel Manufacturers Ltd. | SME | ₹15.39 Cr | ₹95 | 12.73 | ₹95.39 | +0.41% | ₹105.33 (+4.99%) |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹401.50 (-1.16%) |
| Shringar House of Mangalsutra Ltd. | Mainboard | ₹400.92 Cr | ₹165 | 19.47 | ₹184.88 | +12.05% | ₹226.03 (+0.73%) |
| BlueStone Jewellery & Lifestyle Ltd. | Mainboard | ₹1,540.65 Cr | ₹517 | null | ₹546.00 | +5.61% | ₹605.20 (-3.42%) |
| Shanti Gold International Ltd. | Mainboard | ₹360.11 Cr | ₹199 | 19.24 | ₹229.38 | +15.27% | ₹213.16 (+0.05%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements towards Construction of Jewellery Studio | 6.40 |
| 2 | Funding towards Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions | 6.50 |
| 3 | Funding long-term Working Capital Requirement | 30.00 |
| 4 | Funding expenditure for General Corporate Purposes. | 5.02 |
| 5 | Offer expenses | 4.08 |
| Total | 52.00 |
About SMR Jewels IPO
Incorporated in 2018, SMR Jewels Limited is engaged in the design and distribution of Designer Heritage Jewellery. The company’s portfolio also includes Nature-Inspired Jewellery, reflecting designs influenced by flowers, leaves, vines, animals, and seasonal motifs, and Traditional Jewellery, comprising Jadtar, Meenakari, Polki, and Bridal & Festive collections. These creations cater to diverse preferences, from ornate heritage sets to contemporary designs for weddings and festivals. SMR Jewels does not own a manufacturing facility but outsources production to skilled artisans and craftsmen, while conceptualization and design are managed in-house. Its clientele includes reputed jewellers such as HSJ, Rokde Jewellers, WHP, JOSCO Jewellers, Kalamandir Jewellers, Vaibhav Jewellers, and D. P. Abhushan Limited. As of , March 31, 2026, the company employed 23 permanent staff members supported by a broader network of artisans and job workers.+ Read More
Contact Details
SMR Jewels Ltd. Address3, Vrindavan AppartmentsGulbai TekraAhmedabad, Gujarat, 380006+91079 4941033info@smrjewels.inVisit Website