IPO Listed — 08 Jun 2026
Listing Price: ₹102.95
SMR Jewels SME IPO GMP History | Listing Price ₹102.95 & Kostak Rate
SMR Jewels SME IPO has been listed on June 8, 2026 at a listing price of ₹102.95, against the issue price of ₹128 — a loss of ₹25.05 (-19.57%). The GMP peaked at ₹0 on 6 June 2026 and reached a low of ₹0 on 6 June 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
SMR Jewels SME IPO raised ₹64 Cr. through its IPO at a price band of ₹125 to ₹128 per share, with a lot size of 1000 shares. The IPO was open for subscription from 26 May 2026 to 03 Jun 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 06 Jun 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 05 Jun 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 02 Jun 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 29 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 27 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 26 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 25 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 23 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 22 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 21 May 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 |
SMR Jewels SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 26 May, 2026 |
| Close Date | 03 Jun, 2026 |
| Allotment Date | 04 Jun, 2026 |
| Refund Date | 05 Jun, 2026 |
| Credit to Demat | 05 Jun, 2026 |
| Listing Date | 08 Jun, 2026 |
SMR Jewels SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹128 |
| Actual Listing Price | ₹102.95 (-19.57%) |
| Listing Gain / Loss | ₹-25.05 per share |
| Listing Date | 08 Jun, 2026 |
Is SMR Jewels SME IPO GMP Reliable?
Grey market premium for SMR Jewels SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the SMR Jewels SME IPO full review for a fundamentals-based assessment before making any grey market trades.
SMR Jewels SME IPO IPO Kostak Rate Explained
The Kostak rate for SMR Jewels SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About SMR Jewels SME IPO
The company’s product portfolio mainly includes gold ornaments such as necklaces, rings, bangles, chains, earrings, and bridal jewellery. SMR Jewels operates on a business model that combines manufacturing capabilities with distribution and trading operations, allowing it to serve different customer segments efficiently. The promoters of the company bring industry experience and market understanding, supporting business expansion and long-term customer relationships across key jewellery markets in India.
Strengths & Risks
Strengths
- ✓ Strong presence in regional jewellery retail markets with loyal customer base.
- ✓ Diverse product portfolio including gold, silver, and diamond jewellery offerings.
- ✓ Growing demand for organised jewellery retailers in tier-2 and tier-3 cities.
- ✓ Experienced promoters with understanding of jewellery trading and customer preferences.
- ✓ Asset-light retail and trading business model supports operational flexibility.
Risks
- ⚠ Business highly dependent on fluctuations in gold and precious metal prices.
- ⚠ Intense competition from established national and local jewellery brands.
- ⚠ Revenue concentration from limited geographic regions may affect scalability.
- ⚠ Jewellery sector faces risks from changing consumer demand and economic slowdown.
- ⚠ High working capital requirement due to inventory-heavy nature of jewellery business.
Frequently Asked Questions about SMR Jewels SME IPO
What is the GMP of SMR Jewels SME IPO?
The current Grey Market Premium (GMP) of SMR Jewels SME IPO is not yet started or active in the market.
What is the Kostak Price of SMR Jewels SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for SMR Jewels SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of SMR Jewels SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of SMR Jewels SME IPO?
SMR Jewels SME IPO listed on June 8, 2026 at ₹102.95, against the issue price of ₹128 — a loss of -19.57%.
How did the GMP of SMR Jewels SME IPO trend before listing?
The GMP of SMR Jewels SME IPO was stable in its final days before listing. The GMP peaked at ₹0 on 6 June 2026. View the day-wise table above for the complete GMP history.
Explore SMR Jewels SME IPO Further
For a complete picture before making your investment decision, explore these resources:
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