Clay Craft IPO vs SMR Jewels IPO

Comparison between Clay Craft IPO and SMR Jewels IPO.

IPO Details

Clay Craft IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SMR Jewels IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Clay Craft IPO is up to ₹104.58 Cr whereas the issue size of the SMR Jewels IPO is up to ₹60.56 Cr. The final issue price of Clay Craft IPO is ₹203.00 per share and of SMR Jewels IPO is ₹128.00 per share.

 Clay Craft IPOSMR Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹193.00 per share₹125.00 per share
Issue Price (Upper)₹203.00 per share₹128.00 per share
Issue Price (Final)₹203.00 per share₹128.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size600 shares1000 shares
Fresh Issue Size51,51,600 shares37,51,000 shares
Fresh Issue Size (Amount)up to ₹104.58 Crup to ₹48.01 Cr
OFS Issue Size0 shares9,80,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹12.54 Cr
Issue Size Total51,51,600 shares47,31,000 shares
Issue Size Total (Amount)up to ₹104.58 Crup to ₹60.56 Cr

IPO Timetable

Clay Craft IPO opens on Jun 17, 2026, while SMR Jewels IPO opens on May 26, 2026. The closing date of Clay Craft IPO and SMR Jewels IPO is Jun 19, 2026, and Jun 03, 2026, respectively.

 Clay Craft IPOSMR Jewels IPO
Anchor Bid DateJun 16, 2026
Issue OpenJun 17, 2026May 26, 2026
Issue CloseJun 19, 2026Jun 03, 2026
Basis Of Allotment (Tentative)Jun 22, 2026Jun 04, 2026
Initiation of Refunds (Tentative)Jun 23, 2026Jun 05, 2026
Credit of Share (Tentative)Jun 23, 2026Jun 05, 2026
Listing date (Tentative)Jun 24, 2026Jun 08, 2026
Anchor Lockin End date 1Jul 22, 2026
Anchor Lockin End date 2Sep 20, 2026

Financials & KPIs

Clay Craft IPO P/E ratio is 11.38, as compared to SMR Jewels IPO P/E ratio of 18.01.

 Clay Craft IPOSMR Jewels IPO
Financials

Company Financials (Restated Consolidated)

Clay Craft India Ltd.'s revenue increased by 20% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 2025
Assets251.95217.39
Total Income184.57154.44
Profit After Tax27.0120.76
EBITDA41.9635.39
NET Worth166.06139.05
Reserves and Surplus150.92134.00
Total Borrowing49.9847.75
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets85.4343.3515.0621.30
Total Income308.72263.25124.5267.53
Profit After Tax18.5610.413.850.91
EBITDA26.7115.176.141.96
NET Worth42.6924.144.881.04
Reserves and Surplus28.0419.254.871.03
Total Borrowing16.548.577.656.33
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10090.37
Promoter Shareholding (Post-Issue)73.6365.74
P/E Ratio11.3818.01
Market Cap₹417.58 Cr.₹238.77 Cr.
ROE17.7171.76
ROCE18.2647.92
Debt/Equity0.30
EPS₹17.84₹7.11
RoNW16.2743.14

Shares Offered

In the Clay Craft IPO Retail Individual Investors (RII) are offered 18,03,600 shares while in SMR Jewels IPO retail investors are offered 18,03,600 shares. Qualified Institutional Buyers (QIB) are offered 10,30,200 shares in Clay Craft IPO and 4,73,000 shares in SMR Jewels IPO.

 Clay Craft IPOSMR Jewels IPO
Anchor Investor Reservation15,43,800 shares0 shares
Market Maker Reservation2,72,400 shares2,49,000 shares
QIB10,30,200 shares4,73,000 shares
NII7,74,000 shares18,92,000 shares
RII18,03,600 shares23,66,000 shares
Employee0 shares0 shares
Others
Total51,51,600 shares47,31,000 shares

Bids Received (Subscription)

Clay Craft IPO subscribed 72.18x in total, whereas SMR Jewels IPO subscribed 1.09x.

 Clay Craft IPOSMR Jewels IPO
QIB (times)119.19x5.41x
NII (times)154.54x1.00x
Big NII (times)186.41x1.40x
Small NII (times)90.81x0.21x
RII (times)71.76x0.30x
Employee (times)
Other (times)
Total (times)72.18x1.09x

Compare with others

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Clay Craft IPO Vs SMR Jewels IPO