Yaashvi Jewellers IPO
Fixed Price IPO | ₹44.00 Cr | Listing at BSE SME
IPO Open
Mon, May 25, 2026
IPO Close
Wed, May 27, 2026
Price Band
₹83.00 to ₹83.00
Market Cap (Pre-IPO)
₹146.26 Cr
IPO Details
| IPO Date | May 25, 2026 to May 27, 2026 |
| Listing Date | Tentative: Jun 02, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹83.00 to ₹83.00 |
| Lot Size | 1600 Shares (Minimum: ₹132,800.00) |
| Sale Type | Fresh Issue |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Issue Size | ₹44.00 Crores |
| Total Shares Offered | 5,286,400 shares |
| Fresh Issue | 5,019,200 shares |
| Offer For Sale | 5,286,400 shares |
Yaashvi Jewellers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 25,12,000 |
| NII Shares Offered | 25,07,200 |
Yaashvi Jewellers IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹265,600 |
| Retail (Max) | 2 | 3,200 | ₹265,600 |
| S-HNI (Min) | 3 | 4,800 | ₹398,400 |
Yaashvi Jewellers Financial Information (Restated Consolidated)
Yaashvi Jewellers Ltd.'s revenue increased by 51% and profit after tax (PAT) rose by 62% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 118.23 | 70.94 | 2,548,780.00 |
| Total Income | 449.74 | 297.76 | 200.93 |
| Profit After Tax | 18.28 | 11.28 | 1.96 |
| EBITDA | 29.88 | 18.33 | 4.95 |
| NET Worth | 43.48 | 24.15 | 8.75 |
| Reserves and Surplus | 31.15 | 11.90 | 3.83 |
| Total Borrowing | 65.36 | 43.11 | 16.25 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 54.07% |
| ROCE (Return on Capital Employed) | 26.73% |
| Debt/Equity | 1.50 |
| RoNW (Return on Net Worth) | 42.05% |
| PAT Margin (Profit After Tax Margin) | 4.08% |
| EBITDA Margin | 6.67% |
| Price to Book Value | 2.35 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 14.82 | 10.38 |
| P/E (x) | 5.60 | 8.00 |
| Promoter Holding | 94.30% | 66.01% |
Company Promoters
- The promoters of the company are Ankita Agarwal and Ankit Aggarwal.
Company Overview
Yaashvi Jewellers – Company Overview
- Incorporated in 2013, Yaashvi Jewellers Ltd is engaged in the manufacturing and trading of gold jewellery.
Core Segments
- Plain Gold Jewellery: Machine-made gold chains and traditional jewellery
- Designer Jewellery: Customized and designer gold jewellery
- Diamond & Silver Jewellery: Studded gold jewellery, diamond jewellery, and fashion silver jewellery
- Gold Bullion Trading
- The company offers jewellery in 9K, 14K, 18K, 20K, and 22K gold categories, focusing on affordability and quality.
- It primarily manufactures machine-made gold chains, which are used in various jewellery designs and collections.
- The company serves both B2B and B2C customers and has recently expanded its retail business presence.
- Its portfolio includes plain gold jewellery, designer jewellery, diamond jewellery, and bullion products.
- As of March 31, 2026, the company had 65 employees across its operations.
Company Strengths
- Experienced Promoters and Management Team
- Diversified product portfolio
- Recurring and non-recurring, repeat revenues from long-standing customer relationships
- Integrated Manufacturing Facility
- Commitment to quality and hallmarked jewellery assurance
Use of Proceeds
| 1) | Funding working capital requirements of the Company | 21.50 |
| 2) | Repayment/ prepayment of certain borrowings availed by the Company and | 11.00 |
| 3) | General Corporate Purposes | 6.54 |
| Total | 39.04 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Yaashvi Jewellers IPO Peer Comparison
Yaashvi Jewellers peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Yaashvi Jewellers Ltd | 14.83 | 14.83 | 35.25 | 5.60 | 42.05 | 2.37 | - |
| Ashapuri Gold Ornament Ltd | 0.38 | 0.38 | 4.40 | 11.03 | 8.21 | 1.00 | - |
| Moksh Ornaments Limited | 1.01 | 1.01 | 13.23 | 12.10 | 7.61 | 0.92 | - |
| Ajc Jewel Manufacturers Ltd | 6.44 | 6.44 | 33.13 | 14.75 | 19.43 | 2.88 | - |
Quick Info
| Sector | Gems, Jewellery, and Precious Metals |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹146.26 Cr |
Important Dates
| IPO Open | May 25, 2026 |
| IPO Close | May 27, 2026 |
| Allotment Date | May 29, 2026 |
| Credit to Demat | Jun 01, 2026 |
| Listing Date | Tentative: Jun 02, 2026 |
Lead Manager(s)
Smart Horizon Capital Advisors Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
Description
- IPO Type: Fixed price issue aggregating to ₹43.88 crores.
- Issue Structure: Entirely a fresh issue of 0.53 crore shares totaling ₹43.88 crores.
- IPO Dates: The issue opens on May 25, 2026 and closes on May 27, 2026.
- Allotment Date: Expected to be finalized on May 29, 2026.
- Listing Details: Shares are proposed to be listed on the SME platform of BSE Limited (BSE SME) with a tentative listing date of June 2, 2026.
- Retail Investment Requirement: Minimum 2 lots (3,200 shares) amounting to approximately ₹2,65,600.
- HNI Investment Requirement: Minimum 3 lots (4,800 shares) totaling around ₹3,98,400.
- Issue Price: ₹83 per equity share.
- Lot Size: 1,600 shares per lot.
This IPO offers investors an opportunity to participate in the jewellery and precious metals retail sector, subject to market risks.