{"id":104917,"date":"2026-06-03T09:41:58","date_gmt":"2026-06-03T04:11:58","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=104917"},"modified":"2026-06-03T09:42:00","modified_gmt":"2026-06-03T04:12:00","slug":"smr-jewels-ipo-closes-today-june-3-2026-subscription-gmp","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/smr-jewels-ipo-closes-today-june-3-2026-subscription-gmp\/","title":{"rendered":"SMR Jewels IPO Closes Today: Last Day to Apply With Overall Subscription at 0.39x and QIB Fully Covered at 2.35x"},"content":{"rendered":"
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The SMR Jewels IPO closes today on 3 June 2026, marking the final opportunity for investors to apply to this designer heritage jewellery company’s initial public offering on BSE SME. The SMR Jewels IPO, which opened on May 26, 2026 at a price band of Rs 128 to Rs 135 per share, has seen overall subscription of approximately 0.39 times as of the closing period, with a stark divergence between institutional and non-institutional demand: QIB investors are at 2.35 times while retail is at 0.26 times and NII at 0.06 times. The SMR Jewels IPO grey market premium (GMP) stands at Rs 0, signalling a flat listing expectation at or near the issue price of Rs 135.<\/p>\n

The subscription data is important context for any investor still considering whether to apply to the SMR Jewels IPO today. An overall undersubscription of 0.39x means that all retail and NII applicants who submit valid applications before the SMR Jewels IPO closes at 5:00 PM today are very likely to receive full allotment, with no lottery required. However, the weak overall demand also signals that the secondary market may not generate significant buying interest at listing, consistent with the Rs 0 GMP.<\/p>\n

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