Yaashvi Jewellers IPO

ClosedSME· BSE SME· YAASHVI

Price band

₹83

Lot size

1600 shares

Min investment

₹1,32,800

Issue size

₹43.88 Cr

IPO schedule

Open date25 May 2026
Close date27 May 2026
UPI mandate cut-off27 May 2026
Allotment finalisation29 May 2026
Refund initiation1 Jun 2026
Shares credited to demat1 Jun 2026
Listing date2 Jun 2026
Mandate end date11 Jun 2026
Anchor lock-in (50%)27 Jun 2026
Anchor lock-in (remaining)26 Aug 2026

Issue size

Total: ₹43.88 CrFresh issue: ₹43.88 Cr

Subscription status

CategoryReservedAppliedTimes
Non-Institutional (NII)25.0785.183.40x
Retail25.1244.191.76x
Total50.19282.855.64x

Reserved and applied figures are in crore shares.

About Yaashvi Jewellers

Yaashvi Jewellers Limited is engaged in the manufacturing and trading of gold jewellery, with its core focus on machine-made gold chains. The company manufactures a range of plain gold jewellery in 9K, 14K, 18K, 20K, and 22K purity using gold bullion and other consumables, and supplies these products to dealers, showrooms, jewellery shops, and retail customers. Its product portfolio also includes studded gold jewellery, diamond jewellery, fashion silver jewellery, gold bullion, and customised jewellery. The company generates revenue from both manufacturing and trading activities, with manufacturing contributing a major share of revenue. Yaashvi primarily caters to B2B customers but has also expanded into the retail segment through its showroom and display outlets in Jaipur. Its specialisation in lightweight machine-made gold chains, which are used in products such as mangalsutras, bracelets, anklets, and earrings, forms a key part of its business model.

Strengths

  • The company specialises in machine-made gold chains, which form its core product portfolio.
  • It manufactures and trades a wide range of gold, silver, and diamond jewellery products.
  • The company serves both B2B and retail customers through showrooms and display outlets.
  • Its products are BIS hallmarked, ensuring purity and quality standards.
  • Manufacturing and trading operations provide diversified revenue streams for the business.

Risks

  • A major portion of revenue depends on the sale of plain gold chains.
  • Fluctuations in gold prices can affect profitability and working capital needs.
  • The business requires high working capital due to expensive inventory holdings.
  • Demand for jewellery depends on changing customer preferences and market trends.
  • The company has ongoing tax-related proceedings against it under indirect and direct tax laws.

Use of proceeds

Repayment of borrowings11 (25.07%) Cr
Working capital21.5 (49%) Cr
General corporate purposes6.54 (14.90%) Cr

IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.