On the fourth day of the SMR Jewels initial public offering (IPO), the issue remains undersubscribed, indicating limited investor participation. According to platforms tracking the unofficial market, the grey market premium (GMP) for the IPO is currently nil. A zero GMP typically suggests that the stock is expected to list at or near its issue price. The ongoing subscription status highlights cautious investor sentiment towards SMR Jewels' public offering in the current market environment. According to platforms tracking the unofficial market, the grey market premium (GMP) for the SMR Jewels IPO is currently nil. The update was published on 1 Jun 2026, 2:57 pm.