Designer heritage jeweller's ₹63.74 crore SME IPO finalises allotment June 4 after a tepid 1.09x close. QIBs anchored the book at 5.41x, but retail subscribed just 30% and grey market premium sits at zero. Price band was already cut to ₹125-128 from ₹128-135. Proceeds: ₹30 cr working capital, ₹6.5 cr debt repayment.

Mint · Markets · 6/4/2026, 9:07:26 AM

The ₹67.23 crore designer jewellery issue (₹54 cr fresh, ₹13.23 cr OFS) at ₹128–135 band is undersubscribed with retail at 0.15x, NII 0.05x, and only QIBs at 2.35x. Grey market premium has flatlined ahead of the June 3 BSE SME listing, signalling weak appetite for the artisan job-work model.

Mint · Markets · 6/1/2026, 9:34:24 AM

Hexagon Nutrition opens its ₹138.9 crore IPO June 5-9 at ₹42-45 price band, comprising a 3.09 crore share OFS. Alongside, SME consumer plays Yaashvi Jewellers, Rajnandini Fashion, SMR Jewels and Maniveni Foods debut on BSE SME, signalling fresh capital appetite across nutrition, jewellery and apparel verticals.

Mint · Markets · 5/31/2026, 9:32:19 AM

Heritage jewellery designer-seller SMR Jewels launched its ₹67.23 cr BSE SME IPO (₹54 cr fresh, ₹13.23 cr OFS). Day-1 subscription stalled at 23% with QIB at 2.35x but retail just 0.02x and grey market premium flatlining at nil. Listing slated 3 June.

Mint · Markets · 5/26/2026, 11:34:38 AM

SMR Jewels (Rs 67.23 cr), Yaashvi Jewellers (Rs 44 cr) and Rajnandini Fashion India (Rs 18.21 cr) open subscription May 25-29, 2026, all listing on BSE SME. Jewellery and apparel retailers tap public markets amid a busy SME issuance window.

NDTV Profit · 5/24/2026, 12:21:43 PM

Ahmedabad gold jewellery maker SMR Jewels launches a ₹67.23 crore BSE-SME IPO on May 26, comprising a ₹54 cr fresh issue and ₹13.23 cr OFS. Proceeds fund a new jewellery studio, debt repayment and working capital. FY25 revenue more than doubled to ₹263.25 cr; PAT at ₹10.41 cr.

The Hindu BusinessLine · 5/20/2026, 3:15:51 PM