open · IPO · BSE SME · closes 3 Jun

SMR Jewels Limited

Raising ₹67.23 Cr at ₹128 – ₹135 per share.

Subscription window 51%

0.42×

total subscription so far

Price band
₹128 – ₹135
Shares per lot
1,000
Retail minimum
₹1,35,000
Issue size
₹67.23 Cr
Face value
₹10

Company research

Source: Tijori Finance · third-party enrichment
About the company

SMR Jewels Limited, incorporated in 2018, is engaged in the design and distribution of designer heritage jewellery. The company offers nature-inspired, traditional, bridal, and festive jewellery collections, while outsourcing manufacturing to skilled artisans and managing design and conceptualization in-house.

Financials (₹ crore)
Period Revenue PAT Debt
Mar 2023 67.53 Cr 0.91 Cr 6.33 Cr
Mar 2024 124.52 Cr 3.85 Cr 7.65 Cr
Mar 2025 263.25 Cr 10.41 Cr 8.57 Cr
Revenue mix
Sales of Ornaments and Jewelery 100.0%
Job Work Income 0.0%
Peer comparison
Company Mkt cap (Cr) Revenue PAT P/E P/B
SMR 252 263 Cr 10.41 Cr 24.2 5.9
PUSHPA 290 281 Cr 22.29 Cr 13.03
KHAZANCHI 1,566 1,771 Cr 44.92 Cr 17.51 4.9
SKYGOLD 7,531 3,548 Cr 132 Cr 27.35 6.28

Subscription by investor category

as of 30 May, 10:41 am IST

Total demand

— shares bid

0.42×

1

QIB — Qualified Institutional Buyers

2.35×

11,12,000 shares bid · 4,73,000 offered

2

QIB · FII / FPI

11,12,000
6

NII — Non-Institutional Investors

0.17×

3,55,000 shares bid · 21,41,000 offered

7

NII · Big (> ₹10 lakh)

0.24×

3,00,000 shares bid · 12,62,000 offered

8

NII · Small (≤ ₹10 lakh)

0.09×

55,000 shares bid · 6,30,000 offered

9

Retail Individual Investors

0.26×

6,26,000 shares bid · 23,66,000 offered

Subscription over time

Total QIB NII Retail
30 May 10:41 IST 10:41 IST QIB 2.35× Total 0.42× Retail 0.26× NII 0.17×

Parties to the issue

Book-running lead manager
Wealth Mine Networks Limited
Registrar
Purva Sharegistry India Private Limited
Sponsor bank
Kotak Bank

Exchange filings

Fields captured from NSE and BSE
Issue information
Symbol
SMR Jewels Limited
Issue period
2026-05-26 to 2026-06-03
Issue size
49,80,000 shares
Price range
Rs.128 to Rs.135
Lot size
1000
Face value
Rs.10
Tick size
Rs.1
Book running lead managers
WEALTH MINE NETWORKS LIMITED
Sponsor bank
KOTAK BANK
Name of the Registrar
Purva Sharegistry India Private Limited

Data sources: BSE , BSE , BSE , BSE , BSE , BSE . Data quality clean.