Yaashvi Jewellers SME IPO closes 5.4x subscribed; retail books 7.2x as jewellery demand outshines peers

Jewellery retailer Yaashvi Jewellers' SME IPO closed May 27 at 5.4x overall subscription, with retail at 7.2x and NII at 3.8x. In contrast, Harikanta Overseas scraped through at 1.1x overall (retail 1.66x, NII 0.55x), underscoring sharper investor appetite for organised jewellery retail.

— Filed Fri, 29 May, 2026, 20:47 IST · Source Moneycontrol · Results · Updated

Two SME IPOs closed May 27: Harikanta Overseas was subscribed 1.1x (retail 1.66x, NII 0.55x), while jewellery retailer Yaashvi Jewellers saw stronger demand at 5.4x overall (retail 7.2x, NII 3.8x).

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