SMR Jewels IPO Subscription Status Day-2: Live Bidding

SMR Jewels IPO subscription started on Tuesday, May 26, 2026, and will close on May 29, 2026. The company plans to raise around ₹67.23 crores through the IPO. The retail quota is reserved at 35%, while QIB holds 50% and NII accounts for 15% of the issue.

The IPO price band is fixed at ₹128 to ₹135 per equity share. The minimum market lot for the SMR Jewels IPO is 2,000 shares with an application amount of ₹2,70,000. SMR Jewels IPO is a SME IPO and is proposed to be listed on the BSE SME platform.

SMR Jewels IPO Subscription Status – Day 2

About Company

SMR Jewels Limited is a heritage-driven jewellery brand that blends timeless craftsmanship with artistic design inspired by antique traditions. The company specializes in creating elegant jewellery pieces that reflect the richness of historical artistry while maintaining modern quality standards. With a strong foundation in the Indian jewellery industry, SMR Jewels focuses on gold ornaments, antique collections, and handcrafted designs that showcase detailed workmanship. The brand is built on the principles of trust, purity, and cultural preservation, making it a respected name in the wholesale and retail jewellery segment.

The company’s journey is rooted in a strong family legacy that began in 1988, evolving from a small gold jewellery wholesale business into a recognized jewellery brand. SMR Jewels is guided by experienced leadership that has played a key role in expanding product offerings and strengthening market presence. The company emphasizes heritage preservation, meticulous craftsmanship, customization, and strict quality checks to ensure premium standards in every creation. With its commitment to excellence and innovation, SMR Jewels continues to grow as a trusted name in the jewellery industry while preserving the essence of traditional Indian craftsmanship.