Search IPOs
SMR · BSE · Gems, Jewellery, and Luxury Goods
SMR Jewels IPO listed on 08 Jun 2026 on BSE at ₹102.95, a loss of 19.57% over the issue price of ₹128.00. The IPO was subscribed 1.14x overall.
SMR Jewels IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 26 May 2026 |
| IPO Close Date | 03 Jun 2026 |
| Basis of Allotment | 04 Jun 2026 |
| Initiation of Refunds | 05 Jun 2026 |
| Credit of Shares to Demat | 05 Jun 2026 |
| Listing Date | 08 Jun 2026 |
Listing day gain
-19.57%
Listed at ₹102.95 (issue ₹128)
Issue
₹128
Listing
₹102.95
Current
₹103
-19.53% vs issue
Day range
₹102.4 – ₹108.05
Issue Size
4,980,000 shares
(aggregating up to ₹67.00 Cr)
Issue Price
₹125 – ₹128
Face Value
₹10/share
Market Lot
1,000 shares
Retail Min Investment
₹256,000
Listing At
BSE
Sale Type
both
Fresh Issue
3,751,000 shares
(aggregating up to ₹51 Cr)
Offer for Sale
980,000 shares
(aggregating up to ₹13 Cr)
Reserved for Market Maker
249,000 shares
(aggregating up to ₹3.00 Cr)
Issue Type
book building
Open Date
26 May
Close Date
03 Jun
Allotment
04 Jun
Listing
08 Jun
Last updated: 4 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 05 Jun 2026 Latest | ₹128 | ₹0 | ₹128 | ₹0 |
0%
|
10:05 AM |
| 04 Jun 2026 | ₹128 | ₹0 | ₹128 | ₹0 |
0%
|
10:58 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 02 Jun 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 5.41x | - |
| NII | 1.14x | - |
| bNII (bids above ₹10L) | 1.6x | - |
| sNII (bids below ₹10L) | 0.21x | - |
| Individual Investors | 0.3x | - |
| Total | 1.14x | - |
Showing the latest subscription snapshot.
View full subscription historyMr. Vismay Manojkumar Soni, Mr. Jainil Virendra Soni, Mrs. Parul Manoj Soni, Mrs. Dipikaben Virendra Soni, Mrs. Drashti Pal Modi are the promoters of the Company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹256,000 |
| Retail (Max) | 2 | 2,000 | ₹256,000 |
| S-HNI (Min) | 3 | 3,000 | ₹384,000 |
| S-HNI (Max) | 7 | 7,000 | ₹896,000 |
| B-HNI (Min) | 8 | 8,000 | ₹1,024,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 1,006,000 (26.80%) |
|
•
Anchor Investor Shares Offered
|
24,000 (0.64%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
982,000 (26.16%) |
| NII (HNI) Shares Offered | 767,000 (20.43%) |
|
•
bNII > ₹10L
|
515,000 (13.72%) |
|
•
sNII < ₹10L
|
252,000 (6.71%) |
| Individual Investors Shares Offered | 1,732,000 (46.14%) |
| Market Maker Shares Offered | 249,000 (6.63%) |
| Total Shares Offered | 3,754,000 (100.00%) |
SMR Jewels Limited has been in the jewellery business since 1988, though it was formally registered as a company in October 2018 in Ahmedabad, Gujarat. The name carries the initials of its founder, Shri Manojkumar Ramanlal, who laid the groundwork for what the business has grown into today.
The company focuses on designer and heritage jewellery think Jadtar, Meenakari, Polki, bridal sets, and nature-inspired pieces with floral and animal motifs. They don't manufacture in-house; instead, they work with independent artisans and craftsmen, handling design and concepts themselves. It's a lean setup around 20 full-time staff as of mid-2025.
Their B2B client list includes some well-known jewellery retailers like Vaibhav Jewellers, JOSCO, WHP, and Kalamandir Jewellers, which gives you a sense of the scale they're operating at.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 67.53 | 124.52 | 263.25 |
| Profit After Tax (PAT) | 0.91 | 3.85 | 10.41 |
| EBITDA | 1.96 | 6.14 | 15.17 |
| Total Assets | 21.3 | 15.06 | 43.35 |
| Net Worth | 1.04 | 4.88 | 24.14 |
| Reserves & Surplus | 1.03 | 4.87 | 19.25 |
| Total Borrowing | 6.33 | 7.65 | 8.57 |
Revenue & Profit Trend
The basis of allotment for SMR Jewels IPO was finalised on 04 Jun 2026. You can check your allotment status using your PAN number or application number on the Purva Sharegistry (India) Private Limited portal or BSE.
The SMR Jewels IPO is expected to open in May 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for SMR Jewels IPO is ₹125.00 - ₹128.00 per share.
As per market sources, SMR Jewels IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for SMR Jewels IPO stands at 1.14x overall.
The listing date for SMR Jewels IPO is 08 Jun 2026.
No comments yet. Be the first to comment!
