Minimum Investment
About Company
Company Name: SMR Jewels Limited
Industry / Sector: Jewellery / Designer Heritage Jewellery
Founded Year: 2018
Promoters: S Murugesh, R Sathish Kumar, M Sangeetha
SMR Jewels Limited is engaged in the design and distribution of designer heritage jewellery inspired by Indian culture, mythology, spirituality, and nature. The company offers traditional and contemporary jewellery collections including Polki, Meenakari, bridal jewellery, festive jewellery, and nature-inspired jewellery. The company primarily operates through a B2B business model supplying jewellery to retailers, jewellery chains, boutiques, and brands across India.
IPO Basic Details
| Company Name | SMR Jewels Limited |
| IPO Type | SME IPO |
| Price Band | ₹128 – ₹135 |
| Lot Size | 1000 |
| Total Issue Size | ₹67.23 Cr (49,80,000 shares) |
IPO Strengths & Risks
Strengths
- Strong heritage-inspired jewellery portfolio
- Experienced in-house design team
- Strong retailer and boutique relationships
- Pan-India artisan and job-worker network
Risks
- Dependence on third-party artisans
- Designs are not formally registered
- High competition in jewellery industry
IPO Important Dates
| IPO Open Date | 26 May 2026 |
| IPO Close Date | 29 May 2026 |
| Basis of Allotment | 01 Jun 2026 |
| Refund Initiation | 02 Jun 2026 |
| Demat Credit Date | 02 Jun 2026 |
| Listing Date | 03 Jun 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance amount
Investor Reservation
| QIB Quota | 9.50% |
| Retail Quota | 47.49% |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 lots | 2000 | ₹2,70,000 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | - | - | - |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | - | - | - |
Key Performance Indicators (KPI)
| ROE | 71.76% |
| ROCE | 47.92% |
| RoNW | - |
| PAT Margin | 3.96% |
| EBITDA Margin | 5.76% |
| EPS | - |
| NAV per share | - |
| Debt to Equity | - |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2025 | - | ₹263.25 Cr | ₹10.41 Cr | ₹15.16 Cr | - | - |
| FY2024 | - | ₹124.52 Cr | ₹3.85 Cr | - | - | - |
Grey Market Premium
| GMP Price | N/A (pre-listing) |
| Kostak Rate | N/A |
| Subject to Sauda | N/A |
| Last Updated | May 2026 |
| Estimated Listing Price | N/A |
IPO Subscription Data
| Total Subscription | Pending (IPO opens 26 May 2026) |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Purva Sharegistry (India) Pvt. Ltd.
Registrar Website: https://www.purvashare.com
IPO Lead Manager(s)
Company Information
Address: 3 Vrindavan Apartments, Gulbai Tekra, Ahmedabad, Gujarat 380006
Website: https://smrjewels.in/
Email: info@smrjewels.in
Phone: +91-079-4941033
IPO Documents
Frequently Asked Questions (FAQ)
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