The UHM Vacation IPO subscription opened on June 4, 2026, and will close on June…
SMR Jewels IPO Subscription Status Day-1: Live Bidding
SMR Jewels IPO subscription opened on Tuesday, May 26, 2026, and the issue will close on May 29, 2026. The company aims to raise around ₹67.23 crores through the IPO. The investor allocation is divided into 50% for QIB investors, 15% for NII investors, and 35% for retail investors. The IPO price band has been fixed at ₹128 to ₹135 per equity share.
The SMR Jewels IPO is listed under the SME category and is proposed to be listed on the BSE SME platform. Investors can apply for a minimum market lot of 2,000 shares, which requires an application amount of ₹2,70,000. With its SME listing and balanced investor quota structure, the IPO is expected to attract interest from both retail and institutional participants looking for opportunities in the jewellery sector.
SMR Jewels IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1.00 | 0.00 | 0.00 |
| NII | 1.99 | 0.00 | 0.00 |
| RII | 1.60 | 0.00 | 0.00 |
| Total | 1.52 | 0.00 | 0.00 |
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.
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