SMR Jewels IPO Closes With QIB Demand Outpacing Retail Participation
SMR Jewels’ Rs 63.74 crore SME IPO closed on June 3 with institutional investors subscribing the QIB portion 2.35 times, while overall subscription remained below one time amid muted retail demand.
SMR Jewels IPO to Open on May 26 at Rs 128–135 Price Band
Ahmedabad-based SMR Jewels Limited will launch its SME IPO on May 26, 2026, with a price band of Rs 128–135 per share to support business and corporate funding requirements.
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