The Yaashvi Jewellers IPO, which opened for subscription on May 25, 2026, and closes on May 27, 2026, has achieved a subscription status of 1.18x on day 3. According to reports from chittorgarh.com, the company has received bids for 59,45,600 shares against 50,19,200 shares on offer at 12:29 IST. The retail portion was subscribed to at 44%, while the NII portion was booked at 1.83x.
The SME issue is priced at ₹83 per equity share with a face value of ₹10 per share. As reported by LiveMint, investors can apply for a minimum of 1,600 shares and thereafter in multiples of 1,600 shares. The company aims to generate approximately ₹44 crore through its initial public offering, which will feature only a new issue of shares priced at ₹83 each. The jewellery manufacturer based in Jaipur intends to use the proceeds from the IPO to support its working capital requirements, settle or prepay certain debts, and fund various corporate activities.
Incorporated in 2013, Yaashvi Jewellers is engaged in the manufacturing and trading of gold jewellery. According to LiveMint, the company offers a diverse portfolio of jewellery products across 9K, 14K, 18K, 20K, and 22K gold categories, catering to customers seeking quality craftsmanship at affordable price points. The company's core business revolves around the production of machine-made gold chains, which are widely used in various jewellery designs. Additionally, it deals in studded gold jewellery, diamond jewellery, silver fashion jewellery, gold bullion, and customised jewellery products. The company serves both B2B and B2C customers, supplying products to businesses while also catering directly to retail consumers.
The Yaashvi Jewellers IPO GMP is ₹0, indicating shares are trading at the issue price of ₹83 with no premium or discount in the grey market, according to investorgain.com. The company has recently strengthened its retail footprint as part of its expansion strategy to enhance market reach and customer engagement.
