Three SME retail IPOs hit BSE this week: SMR Jewels, Rajnandini Fashion, Yaashvi Jewellers
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.
What happened
Three SME IPOs from jewellery and fashion retail — SMR Jewels (Rs 67.23 cr), Rajnandini Fashion India (Rs 18.21 cr), and Yaashvi Jewellers (Rs 44 cr) — open
Key facts
- Rs 67.23 crore
- Rs 18.21 crore
- Rs 44 crore
- 0.40 crore shares
- 0.29 crore shares
- 0.53 crore shares
Why this matters
The clustering of jewellery and apparel SME IPOs validates BSE SME as a viable capital pathway for sub-Rs 100 cr retail platforms, opening optionality for similar-scale peers eyeing listing or pre-IPO secondaries.