SMR Jewels Limited

Listed

SMRSME IPO· BSE

Prospectus (DRHP) More info

Price Band

₹125 – ₹128

Lot Size

1000 shares

Min ₹1,28,000

Issue Size

₹67 Cr

GMP (Grey Market)

₹0 (0.0%)

AI Analysis

About SMR Jewels Limited

SMR Jewels Limited is a jewellery company that specialises in Designer Heritage Jewellery inspired by India’s cultural traditions and artistic craftsmanship. The company designs and sells a wide range of jewellery collections, including theme-based jewellery inspired by mythology and spirituality, nature-inspired jewellery, bridal and festive jewellery, and traditional styles such as Jadtar, Meenakari and Polki jewellery. It combines traditional designs with modern styling to cater to changing customer preferences. The company primarily operates through a B2B business model, supplying jewellery to retailers, jewellery chains, boutique stores and other brands across India. Its revenue is mainly generated from the sale of jewellery products to these customers. SMR Jewels follows a design-led approach supported by an in-house design team and a network of skilled artisans and job workers across India. The company also participates in jewellery exhibitions to expand its customer base and market presence.

Issue Details

IPO Open Date	26 May 2026
IPO Close Date	3 Jun 2026
Basis of Allotment	1 Jun 2026
Refunds Initiation	2 Jun 2026
Listing Date	8 Jun 2026
Face Value	—
Fresh Issue	—
Offer for Sale	—
Minimum Investment (Retail)	₹1,28,000
Registrar	Purva Sharegistry (India) Pvt.Ltd.check allotment ↗
Lead Managers	Wealth Mine Networks Pvt.Ltd.

IPO Timeline

Issue open date
26 May 2026
Issue close date
29 May 2026
UPI mandate deadline
29 May 2026
Allotment finalization
1 Jun 2026
Refund initiation
2 Jun 2026
Share credit
2 Jun 2026
Listing date
3 Jun 2026
Mandate end date
13 Jun 2026
Lock-in end date for anchor investors (50%)
30 Jun 2026
Lock-in end date for anchor investors (remaining)
29 Aug 2026

Strengths

SMR Jewels specialises in designer heritage jewellery inspired by Indian culture and traditions.
The company has strong relationships with jewellery retailers, brands, and boutique stores across India.
Its in-house design team and skilled artisan network support unique and customised jewellery designs.
The company follows a dual-phase outsourcing model that helps maintain design quality and confidentiality.
Participation in jewellery exhibitions has helped the company expand visibility and generate large customer orders

Risks

The company does not own its registered office and may face disruption if it has to relocate.
SMR Jewels depends on third-party artisans and job workers for manufacturing its jewellery products.
The company does not register its jewellery designs, increasing the risk of design copying by competitors.
Delays, modifications, or cancellations of customer orders may impact revenue and cash flows.
A large share of revenue comes from a limited number of key customers, creating customer concentration risk.

Subscription Status

Updated 3 Jun 2026, 10:26 pm

QIB	5.41x
NII (HNI)	1x
Retail	0.3x
Total	1.09x

Grey Market Premium

Updated 4 Jul 2026, 1:16 pm

₹0

Estimated listing: ₹128 (0.0% over upper band)

GMP is unofficial and indicative only. It is not a reliable predictor of listing price.

Frequently asked questions — SMR Jewels Limited IPO

What is the price band of SMR Jewels Limited IPO?

The price band of the SMR Jewels Limited SME IPO is ₹125 – ₹128 per share with a lot size of 1000 shares.

When does SMR Jewels Limited IPO open and close?

SMR Jewels Limited SME IPO opens on 26 May 2026 and closes on 3 Jun 2026. Allotment is expected on 1 Jun 2026.

What is the GMP of SMR Jewels Limited IPO today?

The latest grey market premium (GMP) for SMR Jewels Limited is ₹0 (about 0.0% over the upper price band). GMP is indicative only and not investment advice.

What is the minimum investment for SMR Jewels Limited IPO?

The minimum investment for SMR Jewels Limited is ₹1,28,000 (1 lot = 1000 shares).

How do I check SMR Jewels Limited IPO allotment status?

Allotment for SMR Jewels Limited is expected on 1 Jun 2026. Check your SMR Jewels Limited allotment on the registrar (Purva Sharegistry (India)) or the BSE "Status of Issue Application" page using your PAN, application number or DP/Client ID.

When will SMR Jewels Limited IPO list?

SMR Jewels Limited SME IPO is expected to list on 8 Jun 2026 on the SME exchange.

What is the issue size of SMR Jewels Limited IPO?

The total issue size of the SMR Jewels Limited SME IPO is ₹67 Cr.

Check allotment on our IPO allotment status page, or track live IPO GMP.