Yaashvi Jewellers shares to listing at this time. Test GMP forward of debut
Based on market trackers, the IPO was commanding a gray market premium (GMP) of 0% forward of itemizing, suggesting that the inventory is buying and selling round its problem worth of Rs 83 per share within the unofficial market.
The Rs 43.9 crore IPO was open for subscription between Might 25 and Might 27, whereas the allotment was finalized on Might 29. Shares are scheduled to listing on the BSE SME platform on June 2. The problem was totally a contemporary problem of 52.86 lakh shares and was priced at Rs 83 per share.
Included in 2016, Yaashvi Jewellers is engaged within the manufacturing and buying and selling of gold jewelry. The corporate presents a variety of merchandise throughout 9K, 14K, 18K, 20K and 22K gold jewelry classes. Its portfolio consists of machine-made gold chains, designer gold jewelry, diamond jewelry, gold bullion and customised jewelry merchandise.
The corporate serves each business-to-business and retail clients and has not too long ago expanded its presence within the retail phase.
Yaashvi Jewellers operates an built-in manufacturing facility and focuses on hallmarked jewelry merchandise. As of March 31, 2026, it had 65 workers.
The corporate has reported sturdy monetary development in recent times. For FY26, whole earnings rose 51% year-on-year to Rs 449.7 crore, whereas revenue after tax elevated 62% to Rs 18.3 crore. Internet price stood at Rs 43.5 crore on the finish of FY26, in contrast with Rs 24.2 crore a yr earlier.The corporate plans to make use of the IPO proceeds primarily for working capital necessities and common company functions.
The flat GMP suggests buyers are taking a cautious strategy towards the difficulty regardless of the corporate’s sturdy income and earnings development. SME IPOs have delivered blended itemizing performances in latest months, making buyers more and more selective on valuations and post-listing liquidity.
Good Horizon Capital Advisors was the book-running lead supervisor to the difficulty, whereas Bigshare Companies acted because the registrar. Shreni Shares was the market maker.
