SMR Jewels
· SME · BSE
Price Band
₹125–128
Lot Size
1000 shares
Issue Size
₹64 Cr
Min. Investment
₹1,28,000
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Estimated listing price: ₹128
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About SMR Jewels
Incorporated in 2018, SMR Jewels Limited is engaged in the design and distribution of Designer Heritage Jewellery. The company’s portfolio also includes Nature-Inspired Jewellery, reflecting designs influenced by flowers, leaves, vines, animals, and seasonal motifs, and Traditional Jewellery, comprising Jadtar, Meenakari, Polki, and Bridal & Festive collections. These creations cater to diverse preferences, from ornate heritage sets to contemporary designs for weddings and festivals. SMR Jewels does not own a manufacturing facility but outsources production to skilled artisans and craftsmen, while conceptualization and design are managed in-house. Its clientele includes reputed jewellers such as HSJ, Rokde Jewellers, WHP, JOSCO Jewellers, Kalamandir Jewellers, Vaibhav Jewellers, and D. P. Abhushan Limited. As of , March 31, 2026, the company employed 23 permanent staff members supported by a broader network of artisans and job workers.
Issue Objectives
- 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.
- Offer expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 4,73,000 | 10% |
| NII (HNI) | 18,92,000 | 39.99% |
| − bNII > ₹10L | 12,62,000 | 0% |
| − sNII < ₹10L | 6,30,000 | 0% |
| Retail | 23,66,000 | 50.01% |
| Market Maker | 2,49,000 | 0% |
- QIB10.0%
- NII (HNI)40.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail50.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2000 | ₹2,56,000 |
| Individual investors (IND) (Max) | 2 | 2000 | ₹2,56,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,84,000 |
| S-HNI (Max) | 7 | 7000 | ₹8,96,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,24,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
7.11
EPS (Post IPO)
13.26
ROE
43.54%
P/E (Pre IPO)
18.01
P/E (Post IPO)
9.65
Price / Book
4.63
Market Cap
₹238.77 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Yaashvi Jewellers Ltd. | 5.6 | ₹43.88 Cr | |
| Grover Jewells Ltd. | 12.31 | ₹33.83 Cr | |
| Luxury Time Ltd. | 12.57 | ₹18.74 Cr | |
| Pushpa Jewellers Ltd. | 12.44 | ₹98.65 Cr | |
| AJC Jewel Manufacturers Ltd. | 12.73 | ₹15.39 Cr | |
| PNGS Reva Diamond Jewellery Ltd. | 10.96 | ₹379.52 Cr |
Contact Details
SMR Jewels Ltd. Address
- +91079 4941033
- info@smrjewels.in
- https://smrjewels.in/
Registrar Contact Details
Link Intime India Pvt. Ltd.
- +91 22 4918 6270
- ipo.helpdesk@linkintime.co.in
- https://linkintime.co.in
- C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai – 400083
Frequently Asked Questions
Key Dates
- Open Date
- 26 May 2026
- Close Date
- 03 Jun 2026
- Listing Date
- 08 Jun 2026
Issue Details
- Registrar
- Link Intime India
- Lead Manager(s)
- Exchange
- BSE