SMR Jewels SME IPO Subscription Status
SMR Jewels SME IPO closed on 3 June 2026 with an overall subscription of 1.09x based on shares applied. QIB demand came in at 5.41x, NII at 1.14x, and retail at 0.30x.
Allotment will be finalised on 4 June 2026. The stock is scheduled to list on NSE and BSE on 8 June 2026.
Issue Price
Rs 135.00
GMP Today
-
Overall Subscription
1.09x
Issue Size
₹67.23 Cr
Allotment Date
4 Jun 2026
Listing Date
8 Jun 2026
SMR Jewels SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 135.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 6.39 Cr | Rs 34.53 Cr | 5.41x |
| FII | - | Rs 32.43 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 2.11 Cr | - |
| NII | Rs 25.56 Cr | Rs 29.03 Cr | 1.14x |
| bNII (above Rs 10L) | Rs 17.04 Cr | Rs 27.26 Cr | 1.60x |
| Corporate | - | Rs 16.54 Cr | - |
| Individual | - | Rs 10.72 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 8.52 Cr | Rs 1.77 Cr | 0.21x |
| Corporate | - | - | - |
| Individual | - | Rs 1.77 Cr | - |
| Other | - | - | - |
| IND | Rs 31.93 Cr | Rs 9.50 Cr | 0.30x |
| Fixed price | - | Rs 9.50 Cr | - |
| Total | Rs 63.87 Cr | Rs 73.06 Cr | 1.14x |
SMR Jewels SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 473 | 5 | 0.01x |
| FII | - | 4 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 1 | - |
| NII | 631 | 45 | 0.07x |
| bNII (above Rs 10L) | 421 | 8 | 0.02x |
| Corporate | - | 3 | - |
| Individual | - | 5 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 210 | 37 | 0.18x |
| Corporate | - | - | - |
| Individual | - | 37 | - |
| Other | - | - | - |
| IND | 1,182 | 352 | 0.30x |
| Fixed price | - | 352 | - |
| Total | 2,286 | 402 | 0.18x |
What Do These Subscription Numbers Mean?
A subscription of 1.09x by shares means the IPO received bids for 1 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 5.41x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 5.41x, it reflects serious institutional conviction.
NII at 0.07x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.02x and sNII at 0.18x by applications. Share subscription was 1.14x. Allotment uses application count, not share volume.
null Retail allotment is done by lottery when oversubscribed.
SMR Jewels SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 0.30x.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 0.18x.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.02x.
- •Share subscription was 1.60x. Allotment uses application count, not share volume.
Check the SMR Jewels SME IPO Allotment Status page from 4 June 2026 for your allotment result.
SMR Jewels SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 26 May 2026 | 2.35x | 0.00x | 0.02x | 0.25x |
| Day 2 - 27 May 2026 | 2.35x | 0.00x | 0.06x | 0.26x |
| Day 3 - 29 May 2026 | 2.35x | 0.06x | 0.26x | 0.39x |
| Day 4 - 1 Jun 2026 | 2.35x | 0.05x | 0.15x | 0.33x |
| Day 5 - 2 Jun 2026 | 2.35x | 0.06x | 0.18x | 0.35x |
| Day 6 - 3 Jun 2026 | 5.41x | 1.00x | 0.30x | 1.09x |
SMR Jewels SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 26 May 2026 |
| IPO Close Date | 3 June 2026 |
| Allotment Date | 4 June 2026 |
| Refund Initiation | 5 June 2026 |
| Share Credit to Demat | 5 June 2026 |
| Listing Date | 8 June 2026 |
| Minimum Investment | Rs 2,70,000.00 |
| Lot Size | 1000 shares |
About SMR Jewels SME
SMR Jewels Limited, incorporated in 2018, is an Ahmedabad-based boutique designer and distributor specializing in Designer Heritage, Nature-Inspired, and Traditional Jewellery (including Jadtar, Meenakari, and Polki work). Operating entirely on an asset-light, outsourced business model, the company manages product conceptualization and design in-house while contracting out precision manufacturing to traditional skilled artisans and job-workers. SMR Jewels operates primarily in the B2B segment, supplying high-value bridal and festive luxury collections to premium listed and corporate jewelry chains across India.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
SMR Jewels SME IPO Subscription FAQs
What is SMR Jewels SME IPO subscription status today?
SMR Jewels SME IPO subscription closed on 3 June 2026 with overall subscription of 1.09x (by shares) as of 17 July 2026, 2:01 AM IST. QIB 5.41x, NII 0.07x, IND 0.30x.
What is the overall subscription of SMR Jewels SME IPO?
SMR Jewels SME IPO is subscribed 1.09x overall by shares at close on 3 June 2026. QIB 5.41x, NII 0.07x, and IND 0.30x.
What is SMR Jewels SME IPO QIB subscription?
SMR Jewels SME IPO QIB (Qualified Institutional Buyers) subscription is 5.41x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is SMR Jewels SME IPO IND subscription?
SMR Jewels SME IPO IND subscription is 0.30x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is SMR Jewels SME IPO NII subscription?
SMR Jewels SME IPO NII (Non-Institutional Investors) subscription is 0.07x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in SMR Jewels SME IPO for retail?
SMR Jewels SME IPO retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When is SMR Jewels SME IPO allotment date?
SMR Jewels SME IPO allotment date is 4 June 2026. Check SMR Jewels SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does SMR Jewels SME IPO subscription close?
SMR Jewels SME IPO subscription closed on 3 June 2026. No new applications are accepted after the close.
What is SMR Jewels SME IPO GMP today?
GMP for SMR Jewels SME IPO is not available yet. Track SMR Jewels SME IPO GMP Today on IPOwiz once grey market activity starts.
What is SMR Jewels SME IPO issue price and lot size?
SMR Jewels SME IPO issue price is ₹135 per share. Lot size is 1000 shares. Minimum investment is ₹2,70,000 per lot (minimum 2 lots for SME). Issue size: ₹67.23 Cr.
When is SMR Jewels SME IPO listing date?
SMR Jewels SME IPO listing date is 8 June 2026 on NSE and BSE. Allotment is on 4 June 2026.
How does subscription affect SMR Jewels SME IPO allotment?
Allotment odds in SMR Jewels SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.09x overall, competition is moderate.
For allotment results from 4 June 2026, visit the SMR Jewels SME IPO Allotment Status page. For listing day updates on 8 June 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.