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SMR Jewels

SMR Jewels

Open Date

May 26, 2026

Close Date

Jun 3, 2026

closed

Min Investment

₹2,56,000

Lot Size

1000 Shares

Issue Size

₹67.23 Cr

Price Range

₹125 - ₹125

Listing Date

Jun 8, 2026

IPO Doc

RHP PDF

About SMR Jewels

Incorporated in 2018, SMR Jewels Limited designs and distributes Designer Heritage Jewellery. SMR Jewels' product line comprises Nature-Inspired Jewellery, which is inspired by floral, leaf, vine, animal, and seasonal designs, and Traditional Jewellery, which consists of Jadtar, Meenakari, Polki, and Bridal & Festive collections. The products serve varied tastes from intricate heritage jewellery to modern jewellery for wedding and festival celebrations. The company does not have its own manufacturing unit; however, it sources its manufacturing needs from artisans and craftsmen, whereas the conceptualization and designing are done internally. Some of its clients include renowned jewelers like HSJ, Rokde Jewellers, WHP, JOSCO Jewellers, Kalamandir Jewellers, Vaibhav Jewellers, and D. P. Abhushan Limited. On June 30, 2025, the company had a total of 20 permanent employees along with artisans and job workers.

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0GMP

SMR Jewels IPO - Issue Objectives

The company will use ₹6.40 crore for construction of a jewellery studio . The company will use ₹6.50 crore for repayment of borrowings The company will use ₹30 crore for working capital requirements of business. Part of the IPO proceeds will be used for issue expenses of this IPO.

Capital Expenditure

11.8%

Repayment of debt

12%

Working capital

55.5%

General corporate purposes

20.5%

1

Capital Expenditure

The company will use ₹6.40 crore for construction of a jewellery studio .

11.80%
2

Repayment of debt

The company will use ₹6.50 crore for repayment of borrowings

12.00%
3

Working capital

The company will use ₹30 crore for working capital requirements of business.

55.50%
4

General corporate purposes

Part of the IPO proceeds will be used for issue expenses of this IPO.

20.50%

IPO Subscription Status

Retails
0.40x
QIB
2.60x
NII
8.53x

Financials of SMR Jewels

In Cr.

Contact Details

SMR Jewels

3, Vrindavan Appartments, Gulbai Tekra, Ahmedabad, Gujarat.

SMR Jewels IPO - FAQs

SMR Jewels IPO is a SME IPO. The issue is priced at 125-₹128. The minimum order quantity is 1000 Shares. The IPO opens on 26 May, and closes on 3 Jun. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.

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