Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
SMR Jewels Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on September 6, 2025 to raise funds through Initial Public Offer (IPO).
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. the book running lead manager (Not declared yet) 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 |
| Issue Price Band | [.] to [.] per share |
| Lot Size | |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 56,25,000 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | 45,00,000 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | 11,25,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,46,53,743 shares |
| Share Holding Post Issue | 1,91,53,743 shares |
| 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 |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Sep 6, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | ||||
| KPI | Values |
|---|---|
| ROE | 71.76% |
| ROCE | 47.92% |
| RoNW | 43.14% |
| PAT Margin | 3.96% |
| EBITDA Margin | 5.76% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.11 | 9.34 |
The Company SMR Jewels IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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. |
SMR Jewels Ltd.
3,
Vrindavan Appartments,
Gulbai Tekra
Ahmedabad, Gujarat
Phone: +91079 4941033
Email: info@smrjewels.in
Website: https://smrjewels.in/
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: newissue@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
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 . 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 SMR Jewels IPO listing is [.].
Useful Articles
