IPO Guru
Listed SME

SMR Jewels IPO Subscription Status

SMR Jewels IPO was subscribed 0.42 times when bidding closed on 3 Jun 2026: QIB 2.35x, NII 0.17x, Retail 0.26x.

The SMR Jewels IPO has been subscribed 0.42x times overall. Retail investors have shown interest with bids for 0.26x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.17x. Within NII, Big HNI (B-HNI) subscribed 0.24x and Small HNI (S-HNI) subscribed 0.09x. Qualified Institutional Buyers (QIBs) have subscribed 2.35x. Data last updated on 25 Aug, 12:54 PM.

The IPO subscription period has ended. The issue is currently undersubscribed, presenting a higher chance of allotment for applicants. The issue opened on 26 May, 2026 and closes on 03 Jun, 2026. The shares are expected to list on stock exchanges on 08 Jun, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 25 Aug 2026, 12:54 PM
Category Bid details Times
QIB 11,12,000 of 4,73,000 2.35x
NII 3,55,000 of 21,41,000 0.17x
Retail 6,26,000 of 23,66,000 0.26x
TOTAL 20,93,000 0.42x

Application-wise breakup (estimated)

Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.

Category Est. Applied Times
Retail max 2,311 309 0.13x
sNII (₹2–10 L) max 308 17 0.06x
bNII (₹10 L+) max 154 35 0.23x
TOTAL (EST.) 361

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.

Day-wise subscription history

End-of-day subscription across the 7-day bidding window. On phones, tap a day for the category split.

Date Total
03 Jun 2026
Day 7
1.08x ▼
QIB5.41x NII1.00x Retail0.29x
02 Jun 2026
Day 6
0.37x ▼
QIB2.35x NII0.16x Retail0.17x
01 Jun 2026
Day 5
0.37x ▼
QIB2.35x NII0.16x Retail0.15x
29 May 2026
Day 4
0.42x ▼
QIB2.35x NII0.17x Retail0.26x
28 May 2026
Day 3
0.3x ▼
QIB2.35x NII0.12x Retail0.06x
27 May 2026
Day 2
0.3x ▼
QIB2.35x NII0.12x Retail0.06x
26 May 2026
Day 1
0.23x ▼
QIB2.35x NII- Retail0.02x

SMR Jewels SME IPO dates

From the bidding window to listing. Today is 23 October.

Key dates Listed
  1. Open 26 May 2026
  2. Close 03 Jun 2026
  3. Allotment 04 Jun 2026
  4. Refund/credit 05 Jun 2026
  5. Listing 08 Jun 2026

SMR Jewels IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
Full allotment
0.26x — undersubscribed. Every valid retail application should be allotted in full.
Small HNI (₹2–10 L)
Full allotment
0.09x — undersubscribed. Valid S-HNI bids should be allotted in full.
Big HNI (above ₹10 L)
Full allotment
0.24x — undersubscribed. Valid B-HNI bids should be allotted in full.
QIB (institutions)
2.35x
Proportionate allotment — at 2.35x, institutions receive ~42.6% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of SMR Jewels IPO?

As of IPO close date (03 Jun, 2026), the SMR Jewels IPO is subscribed 0.42x times. Retail category is 0.26x, and NII is 0.17x subscribed.

When is the allotment date for SMR Jewels IPO?

The allotment for SMR Jewels IPO is expected to be finalized on 04 June, 2026.

When will SMR Jewels IPO list on the stock market?

SMR Jewels is scheduled to list on BSE and NSE on 08 June, 2026.

What are the chances of getting allotment in SMR Jewels IPO?

The retail category is currently undersubscribed at 0.26x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.

What does QIB subscription of 2.35x mean for SMR Jewels IPO?

Moderate — QIBs have subscribed 2.35x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check SMR Jewels IPO allotment status?

After the allotment date (04 Jun, 2026), you can check your SMR Jewels IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore SMR Jewels SME IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
0.42x
QIB
2.35x
NII
0.17x
Retail
0.26x
Full IPO details