SMR Jewels plans to raise Rs. 67.23 crores at a price band of Rs. 128 to Rs. 135, backed by revenue growth from Rs. 124.52 crores to Rs. 263.25 crores year-on-year.
Yaashvi Jewellers is launching a Rs. 43.88 crore fixed-price IPO at Rs. 83 per share after reporting fiscal year 2026 revenue of Rs. 449.74 crores.
M R Maniveni Foods is offering shares at Rs. 51 to Rs. 52 with funds planned for machinery purchases, factory construction, and operational expansion.
Finding a good small and medium enterprise IPO can feel like looking for a needle in a haystack. Everyday investors often face a serious information overload with many new companies entering the stock market at the exact same time. It is especially stressful to figure out the right opportunity when financial reports are buried under heavy jargon and confusing timelines.
To help you invest with total confidence, let’s break down the important figures, dates, etc. for three major SME (small and medium enterprise) IPOs hitting the market this week.
Staying ahead in the stock market means tracking all the key registration windows and pricing structures simultaneously. The table below compares the vital facts for the three emerging offerings.
| Company Name | Subscription Window | Price Per Share | Total Issue Size | Minimum Lot Size |
|---|---|---|---|---|
| SMR Jewels | May 26 to May 29, 2026 | Rs. 128 to Rs. 135 | Rs. 67.23 Crores | 2,000 Shares |
| Yaashvi Jewellers | May 25 to May 27, 2026 | Rs. 83 (Fixed) | Rs. 43.88 Crores | 3,200 Shares |
| M R Maniveni Foods | May 22 to May 26, 2026 | Rs. 51 to Rs. 52 | Rs. 27.04 Crores | 4,000 Shares |
SMR Jewels focuses on creating and selling designer heritage jewelry collections inspired by traditional themes and regional stories. The public issue consists of a fresh equity share launch worth Rs. 54 crores and an offer for sale of up to 9,80,000 equity shares.
Retail buyers can claim 47.49% of the shares, while non-institutional investors get 38.01% and qualified institutional buyers receive 9.02%. To participate, retail investors must buy a minimum market lot of 2,000 shares, which requires an upfront application payment of Rs. 2,70,000.
The financial performance of the firm shows rapid growth. The business recorded total revenue of Rs. 263.25 crores in fiscal year 2025. It is a huge jump from the Rs. 124.52 crores reported in fiscal year 2024. Net profit also climbed to Rs. 10.41 crores in 2025, up from Rs. 3.85 crores the previous year.
The company intends to spend Rs. 30.00 crores of the fresh funding on long-term working capital. Rs. 6.50 crores will be used for debt repayment, and Rs. 6.40 crores on constructing a new jewelry studio. The allotment will be finalized on June 1, 2026, followed by a listing on the BSE SME platform on June 3, 2026.
Yaashvi Jewellers manufactures and trades plain, designer, and studded gold ornaments, focusing primarily on machine-made gold chains. The entire public issue consists purely of new shares with no offer for sale.
Retail and non-institutional investor categories are split evenly, with each receiving exactly 50% of the available portion. Individual retail investors need to bid for a single lot of 3,200 shares with an application investment of Rs. 2,65,600.
The financial data highlights a steady upward trend for the company. Revenue for fiscal year 2026 stood at Rs. 449.74 crores, compared to Rs. 297.76 crores in fiscal year 2025. Net profits followed this positive path. It rose to Rs. 18.28 crores in 2026 from Rs. 11.28 crores in 2025.
Yaashvi Jewellers plan to use Rs. 21.50 crores of the collected capital to manage daily working requirements. The remaining Rs. 11.00 crores will go towards paying off existing bank borrowings. The official share allotment will take place on May 29, 2026, and the shares will list on the BSE SME board on June 2, 2026.
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M R Maniveni Foods processes, packs, and distributes food products, specializing in the wholesale trading of pulses and rice across southern Indian states. The business is currently running a book-building issue to raise Rs. 27.04 crores through a completely fresh share launch.
Retail allocation is set at 35%, while qualified institutional buyers get 50% and high-net-worth individuals receive 15%. Investors must buy at least 4,000 shares. This means it would be a minimum financial commitment of Rs. 2,08,000.
The corporate financial metrics show a steady expansion of operations. The business generated total revenue of Rs. 203.52 crores in fiscal year 2025, showing solid growth over the Rs. 155.00 crores earned in fiscal year 2024. Annual net profit also increased to Rs. 4.13 crores in 2025 from Rs. 2.18 crores in 2024.
The firm plans to allocate Rs. 14.74 crores for buying new processing machinery. Rs. 12.69 crores will be utilized in factory construction, and Rs. 7.01 crores for general corporate expenses. The share allocation process will conclude on May 27, 2026, and the official listing on the BSE SME platform is scheduled for June 1, 2026.
Before you hit the submit button on your application, take a close look at your cash flow mapping. SME IPOs require locking up substantial capital, retail bidders should check their bank account daily limits to avoid automated system declines. Make sure you apply via ASBA through your net banking portal or use a verified UPI handle linked directly to your broker app.
Keep in mind that your funds will stay blocked under the mandate until the specific allotment date arrives. If you do not get an allocation, the banking system automatically initiates a block release within twenty-four hours of the final decision, freeing up your capital for the next market opportunity.
Lastly, remember, reviewing these three IPOs shows clear financial growth across the board, but your trading plan must match your specific risk comfort. SMR Jewels is an attractive choice if you are looking to apply for the long term. On the other hand, Yaashvi Jewellers presents a stable, fixed-price entry point. For those looking for everyday consumer sectors, M R Maniveni Foods is perfect.
Also Read: OpenAI Set for Historic IPO as the ChatGPT Maker Eyes $1T Valuation
SMR Jewels IPO will open for subscription on May 26, 2026, and close on May 29, 2026. The company plans to raise Rs. 67.23 crores with a price band of Rs. 128 to Rs. 135 per share. Retail investors need to apply for a minimum lot of 2,000 shares, requiring an investment of around Rs. 2.70 lakhs.
Yaashvi Jewellers IPO is a fixed-price issue priced at Rs. 83 per share. Investors must apply for a minimum lot of 3,200 shares, taking the minimum investment amount to around Rs. 2,65,600. The company aims to raise Rs. 43.88 crores and plans to use the funds mainly for working capital and debt repayment.
M R Maniveni Foods IPO opened on May 22, 2026, and will close on May 26, 2026. The allotment process is expected to finish on May 27, while the shares are scheduled to list on the BSE SME platform on June 1, 2026. The company is raising Rs. 27.04 crores through a fresh issue.
Among the three SME IPOs this week, SMR Jewels has the biggest issue size at Rs. 67.23 crores. Yaashvi Jewellers follows with a Rs. 43.88 crore issue, while M R Maniveni Foods is launching a Rs. 27.04 crore public offer. Investors are comparing these IPOs based on valuations, revenue growth, and business sector exposure.
Retail investors need to apply for at least 2,000 shares in the SMR Jewels IPO. At the upper price band of Rs. 135 per share, the minimum investment amount comes to around Rs. 2,70,000. The jewellery company plans to raise Rs. 67.23 crores through its SME public issue on the BSE SME platform.
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