Issue Price
₹135
Per Share
GMP
NIL
Grey Market
Est. Listing
₹135
Expected Price
Min. Application
₹270,000
2 lots × 1000 shares
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.
SMR Jewels Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 473,000 | — | ₹6.39 Cr | 2.35x |
| NII / HNI | 1,892,000 | — | ₹25.54 Cr | 0.06x |
| Retail (RII) | 2,366,000 | — | ₹31.94 Cr | 0.26x |
| Market Maker | 249,000 | — | ₹3.36 Cr | — |
| TOTAL | 4,731,000 | 100.00% | ₹63.87 Cr | 0.39x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹135,000 |
| Retail (Max) | 13 | 13,000 | ₹1,755,000 |
| sNII (Min) | 14 | 14,000 | ₹1,890,000 |
| bNII (Min) | 68 | 68,000 | ₹9,180,000 |
| Particulars | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 308.72 | 263.25 | 124.52 |
| EBITDA | 26.71 | 15.17 | 6.14 |
| Profit After Tax (PAT) | 18.56 | 10.41 | 3.85 |
| Net Worth | 42.69 | 42.69 | 4.88 |
| Total Assets | 85.43 | 43.35 | 15.06 |
| Reserves & Surplus | 4.88 | 19.25 | 4.87 |
| Total Borrowings | 16.54 | 19.25 | 7.65 |