
The allotment status for the ₹63.74 crore SMR Jewels IPO is anticipated to be settled today, June 4, 2026. Shareholders can check their status through the official portals of the BSE or the IPO registrar, Purva Sharegistry (India) Private Limited. Following the allotment process, SMR Jewels' shares are expected to be listed on the BSE SME platform on June 8, 2026.
Issue Type: Book Building IPO
Total Issue size: Agg. up to ₹63.74 crore
Fresh Issue: Agg. up to ₹51.20 crore
Offer for sale (OFS): Agg. up to ₹12.54 crore
Face Value: ₹10 per share
Price Band: ₹125 to ₹128 per share
Lot Size: 1,000 Shares
Minimum Investment: ₹2,56,000 (2,000 shares)
Book Running Lead Managers: Wealth Mine Networks Limited
Registrar: Purva Sharegistry India Private Limited
Listing: BSE SME
[June 3, 2026, 6:50 PM]
|
Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
5.41x |
|
Non-Institutional Investors |
1.00x |
|
Individual Investors |
0.30x |
|
Total |
1.09x |
The Company will utilise the net proceeds from the Fresh Issue towards the following purposes:
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Incorporated in 2018 and headquartered in Gujarat, SMR Jewels is engaged in the design and distribution of a diverse range of gold jewellery, catering to wholesalers, retailers, boutiques, and showrooms across India.
The company specialises in designer heritage jewellery inspired by Indian culture, mythology, spirituality, and nature. Its product portfolio includes traditional jewellery such as Polki, Jadtar, and Meenakari collections, along with bridal, festive, and daily-wear jewellery.
Financially, SMR Jewels reported revenue from operations increasing from ₹124.52 crore in FY24 to ₹263.25 crore in FY25. Profit after tax (PAT) also rose significantly from ₹3.85 crore in FY24 to ₹10.41 crore in FY25, with EBITDA increasing from ₹6.14 crore in FY24 to ₹15.17 crore in FY25.
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