How to Check SMR Jewels IPO Allotment Status

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 conceptualisation 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 IPO is a book build issue of ₹67.23 crore, comprising a fresh issue of 0.40 crore shares aggregating to ₹54.00 crore and an offer for sale of 0.10 crore shares aggregating to ₹13.23 crore. The IPO opened on May 26, 2026, and closed on June 3, 2026. The allotment is expected on Monday, June 1, 2026. The share price band was set at ₹128 to ₹135 per share.

Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks!

Open Account Now

Steps to Check SMR Jewels IPO Allotment Status on Registrar Site

• Visit the Purva Sharegistry (India) Pvt. Ltd.
• Select "SMR Jewels" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check SMR Jewels IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "SMR Jewels" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

SMR Jewels IPO subscribed 1.09 times overall. Here is the category-wise breakdown as of 4:59:35 PM on June 3, 2026:

SMR Jewels IPO Subscription Status

• QIB Category (Ex Anchor): 5.41 times
• Non-Institutional Investors (NII): 1.00 times
• Individual Investors: 0.30 times

SMR Jewels IPO Share Price and Investment Details

The minimum investment required was ₹2,70,000 for 2 lots (2,000 shares) for individual investors. The issue includes a reservation of up to 2,49,000 shares for the market maker, Rikhav Securities Ltd. Given the overall subscription of 1.09 times with solid institutional interest at 5.41 times, moderate NII participation at 1.00 times, and weak individual investor subscription at 0.30 times, the share price listing expectations remain cautious.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding capital expenditure requirements towards construction of a Jewellery Studio (₹6.40 crore), repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions (₹6.50 crore), funding long-term working capital requirements (₹30.00 crore), and general corporate purposes.

Business Overview

SMR Jewels Limited specialises in designer heritage jewellery marketing and trading. It does business under the B2B segment with third-party product supply and has no manufacturing unit of its own. The company posted spectacular financial performance from FY24 onwards. It has orders worth ₹30 crore on hand as of December 31, 2025. Its bumper bottom line numbers surprise all as it is operating in a highly competitive and fragmented segment.

The company demonstrated financial performance with total income of ₹263.25 crore for FY2025 and a net worth of ₹42.69 crore as of December 31, 2025. However, investors should note the post-issue P/E ratio of 10.18 and Price to Book Value of 4.63.

Check the latest IPO allotment status to stay informed.