India, May 21 -- SMR Jewels Ltd. has announced public offering of 4980000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 125.00 per share. The gross proceeds of the issue are expected to be Rs 6,723.00 lakhs.

The company's initial public offer (IPO) will open on 26 May 2026 and is expected to close on 29 May 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 128.00-135.00 per share.

The IPO includes a fresh Issue of 4980000 Equity Shares of the Company at an price of Rs 135.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

SMR Jewels Ltd. anticipates using the proceeds of the issue for .

Wealth Mine Netw...