IPOPLUS

Sundaram Jewels

Closed

SME IPO · NSE, BSE · Consumer

Price Band

₹215 – ₹226

Lot Size

600 shares

Issue Size

₹64.8 Cr

GMP (Grey Market Premium)

₹41 (18.1%)

About Sundaram Jewels

Sundaram Jewels is a South India focused jewellery retailer with 14 showrooms and a growing studded jewellery share.

Issue Details
IPO Open Date3 Jun 2026
IPO Close Date5 Jun 2026
Basis of Allotment8 Jun 2026
Refunds Initiation9 Jun 2026
Listing Date10 Jun 2026
Face Value₹10
Fresh Issue₹64.8 Cr
Offer for Sale₹0 Cr
Minimum Investment (Retail)₹1,35,600
RegistrarKFin Technologies
Lead ManagersUnistone Capital
Strengths
  • Strong same-store sales growth
  • Festive season demand tailwinds
Risks
  • Gold price volatility
  • Geographic concentration in Tamil Nadu
Subscription Status

Updated 9 Jun 2026, 8:21 pm

QIB9.2x
NII (HNI)31.5x
Retail44.6x
Total28.4x
Grey Market Premium

Updated 9 Jun 2026, 8:21 pm

₹41

Estimated listing: ₹267 (18.1% over upper band)

GMP is unofficial and indicative only. It is not a reliable predictor of listing price.