SMR Jewels SME IPO Details, Financials, Valuation & Peers
Explore SMR Jewels SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
SMR Jewels Limited, incorporated in 2018, is engaged in the design and distribution of jewellery. The company's core business focuses on Designer Heritage Jewellery, Nature-Inspired Jewellery, and Traditional Jewellery.
Key highlights of SMR Jewels include:
- Diverse Product Portfolio: Offerings encompass Designer Heritage Jewellery, Nature-Inspired designs (flowers, leaves, vines, animals, seasonal motifs), and Traditional Jewellery (Jadtar, Meenakari, Polki, Bridal & Festive collections).
- In-house Design Expertise: Conceptualization and design are managed internally.
- Outsourced Production Model: Production is outsourced to skilled artisans and craftsmen.
- Reputed Clientele: Serves well-known jewellers including HSJ, Rokde Jewellers, WHP, JOSCO Jewellers, Kalamandir Jewellers, Vaibhav Jewellers, and D. P. Abhushan Limited.
- Lean Permanent Staff: As of June 30, 2025, employed 20 permanent staff members, supplemented by artisans and job workers.
Objects of the Issue
- Funding capital expenditure requirements towards Construction of Jewellery Studio
- Funding towards Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions
- Funding long-term Working Capital Requirement
- Funding expenditure for General Corporate Purposes.
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 26 May - 29 May 2026 |
| IPO Price Band | ₹128 - ₹135 per share |
| Fresh Issue | ₹50.64 crore |
| Offer For Sale | ₹13.23 crore |
| Total IPO Size | ₹67.23 crore |
| Face Value | ₹10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 26 May 2026 |
| IPO Closing Date | 29 May 2026 |
| Basis Of Allotment | 01 Jun 2026 |
| Refunds | 02 Jun 2026 |
| Demat Transfer | 02 Jun 2026 |
| IPO Listing Date | 03 Jun 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Dec 2025 |
|---|---|---|---|---|
| Assets | 21.30 | 15.06 | 43.35 | 85.43 |
| Total Income | 67.53 | 124.52 | 263.25 | 308.72 |
| Profit After Tax | 0.91 | 3.85 | 10.41 | 18.56 |
| EBITDA | 1.96 | 6.14 | 15.17 | 26.71 |
| NET Worth | 1.04 | 4.88 | 24.14 | 42.69 |
| Reserves and Surplus | 1.03 | 4.87 | 19.25 | 28.04 |
| Total Borrowing | 6.33 | 7.65 | 8.57 | 16.54 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| SMR Jewels Ltd. | 10.66 | 12.66 | 55% | 29.13 |
| Sky Gold & Diamonds Ltd. | 30.97 | 9.79 | 10.66% | 66.9 |
| Khazanchi Jewellers Ltd. | 25.96 | 25.76 | 15.47% | 109 |
| Pushpa Jewellers Ltd. | 28.42 | 4.55 | 14.88% | 57.6 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 4,73,000 |
| Non-Institutional Investor (NII/HNI) | 18,93,000 |
| Retail Individual Investor (RII) | 23,65,000 |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 2.35 |
| Non-Institutional Investor (NII/HNI) | 0.06 |
| Retail Individual Investor (RII) | 0.26 |
| Total | 0.39 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Purva Sharegistry (India) Private Limited
Phone: +91 022 4961 4132/3190 8810
Email: newissue@purvashare.com
Website: www.purvashare.com
Lead Managers
- 1Wealth Mine Networks Pvt.Ltd.
Company Address
SMR Jewels Ltd.3
Vrindavan Appartments,
Gulbai Tekra
Ahmedabad, – 380006https://smrjewels.in/+91079 4941033info@smrjewels.in
FAQs
- What is the issue size of the SMR Jewels SME IPO?The SMR Jewels SME IPO has an issue size of ₹67.23 crore. This includes a fresh issue of ₹50.64 crore and an offer for sale (OFS) of ₹13.23 crore.
- What is the price band of the SMR Jewels IPO?The price band for the SMR Jewels IPO is ₹128 - ₹135 per share.
- What are the bidding dates for the SMR Jewels IPO?The SMR Jewels IPO will open for bidding on 26 May 2026 and close on 29 May 2026.
- What is the allotment date for the SMR Jewels IPO?The allotment date for the SMR Jewels IPO is 01 Jun 2026.
- What is the minimum lot size and investment required for the SMR Jewels IPO?The minimum lot size for the SMR Jewels IPO is 1000 shares and the minimum investment required is ₹1,35,000.
- What is the listing date for the SMR Jewels IPO?The listing date for the SMR Jewels IPO is 03 Jun 2026.
- What is the SMR Jewels IPO grey market premium?The grey market premium (GMP) for the SMR Jewels IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.