Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
SMR Jewels Ltd. IPO is a Book Build Issue of 0.56 crore equity shares consisting of a fresh issue of upto 0.45 crore equity shares and an offer for sale (OFS) of upto 0.11 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Wealth Mine Networks Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SMR Jewels IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 56,25,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 45,00,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 11,25,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,46,53,743 shares |
| Share Holding Post Issue | 1,91,53,743 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Sep 6, 2025 |
| SEBI/Exchange approval received | Thu, Oct 23, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35.00% of Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
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 June 30, 2025, the company employed 20 permanent staff members supported by a broader network of artisans and job workers.
SMR Jewels Ltd.'s revenue increased by 111% and profit after tax (PAT) rose by 171% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 56.04 | 43.35 | 15.06 | 21.30 |
| Total Income | 100.03 | 263.25 | 124.52 | 67.53 |
| Profit After Tax | 4.47 | 10.41 | 3.85 | 0.91 |
| EBITDA | 6.24 | 15.17 | 6.14 | 1.96 |
| NET Worth | 28.61 | 24.14 | 4.88 | 1.04 |
| Reserves and Surplus | 23.73 | 19.25 | 4.87 | 1.03 |
| Total Borrowing | 8.74 | 8.57 | 7.65 | 6.33 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements towards Construction of Jewellery Studio; | 6.40 |
| 2 | Funding towards Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions | 7.00 |
| 3 | Funding Long Term working capital requirement | 45.00 |
| 4 | Funding expenditure for General Corporate Purposes. |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 71.76% |
| ROCE | 47.92% |
| RoNW | 43.14% |
| PAT Margin | 3.96% |
| EBITDA Margin | 5.76% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.11 | 9.34 |
| Promoter Holding | 90.37% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees and commissions payable to the BRLM (including any underwriting commission, brokerage and selling commission) | |
| 2 | Fees Payable to Registrar to the Offer | |
| 3 | Fees Payable to Legal Advisor | |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | |
| 6 | Fees payable to Peer Review Auditor | |
| 7 | Fees Payable to Market Maker | |
| 8 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees and miscellaneous expenses.) |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
SMR Jewels IPO is a SME IPO of 56,25,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The SMR Jewels IPO open and close dates are not available as of now.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in SMR Jewels IPO using UPI as a payment gateway. Zerodha customers can apply in SMR Jewels IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SMR Jewels IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SMR Jewels IPO dates are not announced. Please check back again after some time.
SMR Jewels IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SMR Jewels IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SMR Jewels IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SMR Jewels IPO allotment status.
The SMR Jewels IPO listing date is not yet announced. The tentative date of listing is .
