SMR Jewels IPO GMP today is Rs -25.05. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
SMR
SMR Jewels IPO GMP, Subscription & Allotment Status Today
SMR Jewels is a SME IPO with a price band of Rs 125.00 to Rs 128.00 that listed on 08 Jun 2026 at a listing gain of -19.57%. Track its full GMP history, subscription data and listing details here.
- Price Band
- ₹125.00 - ₹128.00
- Lot Size
- 1,000 Shares
- Bidding Closes
- 03 Jun 2026
- Listing Date
- 08 Jun 2026
Current GMP Status
₹-25.05
-19.57% vs upper band
Est. Listing Gain
-19.57%
Last Trend
02 Jun 2026
Listing Price
₹102.95
Retail Entry
₹2,56,000
IPO Details
Complete IPO information
| Current GMP | ₹-25.05 |
|---|---|
| Estimated Listing Gain | -19.57% |
| Price Band | ₹125.00 - ₹128.00 |
| Issue Price | Approx ₹128.00 Crores |
| Listing Price | ₹102.95 |
| Lot Size | 1,000 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 0.33x |
| Listing Date | 08 Jun 2026 |
| Minimum Investment | ₹2,56,000 |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, SMR Jewels is priced at ₹128 per share. With a minimum lot size of 1,000 shares, a retail investor applying for one lot would need approximately ₹2,56,000 to participate in this SME issue.
The latest recorded Grey Market Premium for SMR Jewels stands at ₹-25.05, implying an estimated listing gain of around -19.57% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, SMR Jewels's IPO was subscribed 0.33x overall, with a category-wise breakdown of Retail 0.15x, QIB 2.35x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
26 May 2026
✓
Bidding Closes
03 Jun 2026
✓
Allotment
TBA
✓
Listing
08 Jun 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 02 Jun 2026 | ₹0.00 | - | 0.00% |
| 29 May 2026 | ₹0.00 | - | 0.00% |
| 28 May 2026 | ₹0.00 | - | 0.00% |
| 26 May 2026 | ₹0.00 | - | 0.00% |
| 25 May 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,000 | ₹2,56,000 |
| Retail Maximum | 2 Lot | 2,000 | ₹2,56,000 |
| S-HNI Minimum | 3 Lot | 3,000 | ₹3,84,000 |
| S-HNI Maximum | 7 Lot | 7,000 | ₹8,96,000 |
| B-HNI Minimum | 8 Lot | 8,000 | ₹10,24,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
SMR Jewels IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | May 26, 2026 |
| IPO Close Date | May 29, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹128 to ₹135 Per Share |
| Issue Size | Approx ₹67.23 Crores, 49,80,000 Equity Shares |
| Fresh Issue | Approx ₹54 Crores, 40,00,000 Equity Shares |
| Offer for Sale | Approx ₹13.23 Crores, 9,80,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
Analysis
IPO Reservation
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | 24,000 Shares | 0.48% |
| QIB (Ex. Anchor) | 4,49,000 Shares | 9.02% |
| NII Shares Offered | 18,93,000 Shares | 38.01% |
| Retail Shares Offered | 23,65,000 Shares | 47.49% |
Analysis
SMR Jewels IPO Dates
The SMR Jewels IPO date is May 26 and the close date is May 29. The SMR Jewels IPO allotment will be finalized on June 1 and the IPO listing on June 3.
| Event | Date |
|---|---|
| IPO Open Date | May 26, 2026 |
| IPO Close Date | May 29, 2026 |
| Basis of Allotment | June 1, 2026 |
| Refunds | June 2, 2026 |
| Credit to Demat Account | June 2, 2026 |
| IPO Listing Date | June 3, 2026 |
| IPO Bidding Cut-off Time | May 29, 2026 – 5 PM |
Analysis
Promoters and Holding Pattern
The promoters of the company are Mr. Vismay Manojkumar Soni, Mr. Jainil Virendra Soni, Mrs. Parul Manoj Soni, Mrs. Dipikaben Virendra Soni, and Mrs. Drashti Pal Modi.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,46,53,743 | 90.37% |
| Promoter Holding Post Issue | 1,86,53,743 | -% |
Analysis
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding Capital Expenditure Requirements Towards Construction of Jewellery Studio | ₹6.40 |
| Funding Towards Repayment or Prepayment, in Full or in Part, of Borrowings Availed by the Company from Banks and Financial Institutions | ₹6.50 |
| Funding Long-Term Working Capital Requirement | ₹30.00 |
| Funding Expenditure for General Corporate Purposes | ₹- |
Analysis
About SMR Jewels IPO
SMR Jewels Limited, incorporated in 2018, is involved in the design and distribution of designer heritage jewellery. The company offers a wide range of jewellery collections, including nature-inspired designs based on flowers, leaves, vines, animals, and seasonal themes, as well as traditional jewellery such as Jadtar, Meenakari, Polki, and bridal and festive collections.
The company’s client base includes several well-known jewellery brands such as HSJ, Rokde Jewellers, WHP, JOSCO Jewellers, Kalamandir Jewellers, Vaibhav Jewellers, and D. P. Abhushan Limited, highlighting its strong presence and trusted relationships within the jewellery industry.
The Theme-Based Designer Heritage Jewellery draws inspiration from mythology, spirituality, and cultural narratives. Further, collections include designs inspired by Radha-Krishna, Buddha, and other revered icons, celebrating India’s legacy of storytelling and devotion.
Analysis
SMR Jewels IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹67.53 | ₹66.31 | ₹0.91 | ₹21.30 |
| 2024 | ₹124.52 | ₹119.26 | ₹3.85 | ₹15.06 |
| 2025 | ₹263.25 | ₹249.17 | ₹10.41 | ₹43.35 |
| Dec 2025 | ₹308.72 | ₹283.76 | ₹18.56 | ₹85.43 |
Analysis
SMR Jewels IPO Valuation – FY2025
Check SMR Jewels IPO valuation details including Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and other key financial performance indicators.
| KPI | Values |
|---|---|
| ROE | 71.76% |
| ROCE | 47.92% |
| EBITDA Margin | 5.76% |
| PAT Margin | 3.96% |
| Debt to Equity Ratio | [.] |
| Earning Per Share (EPS) | ₹7.11 (Basic) |
| Price/Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 43.14% |
| Net Asset Value (NAV) | ₹[.] |
Analysis
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Pushpa Jewellers | 4.55 | 28.42 | 14.88% | 57.60 | ₹170.98 Cr. |
| Khazanchi Jewellers Limited | 25.76 | 25.96 | 15.47% | 109.00 | ₹1,541.36 Cr. |
| Sky Gold & Diamonds Limited | 9.80 | 30.97 | 10.66% | 66.90 | ₹3,335.94 Cr. |
Analysis
IPO Lead Managers aka Merchant Bankers
IPO Lead Managers aka Merchant Bankers
- Wealth Mine Networks Pvt. Ltd.
FAQ
SMR Jewels IPO FAQs
SMR Jewels IPO price band is Rs 125.00 to Rs 128.00. Check the latest issue price, lot size and GMP together before applying.
SMR Jewels IPO open date is 26 May 2026, close date is 03 Jun 2026, and listing date is 08 Jun 2026.
SMR Jewels IPO lot size is 1,000 shares. The minimum retail investment is Rs 2,56,000.
SMR Jewels is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
SMR Jewels IPO subscription status currently shows Retail 0.15x, QIB 2.35x, Overall 0.33x.
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