SMR Jewels opens ₹67-cr BSE-SME IPO at ₹128–135; FY25 revenue doubles to ₹263 cr
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.
Ahmedabad-based gold jewellery maker SMR Jewels opens a ₹67.23 crore BSE-SME IPO on May 26 at ₹128–₹135 per share, funding a new jewellery studio, debt repayment and working capital. FY25 revenue more than doubled to ₹263 crore.
Why this matters
SMR Jewels' SME listing marks its first public capital raise, backed by a sharp FY25 revenue jump to ₹263.25 cr and ₹10.41 cr PAT, funding studio expansion and deleveraging.
Retail-company activity steady with 714 signals in the last 90 days.