Affluence Gems holds 4,88,000 shares of SMR Jewels Limited, representing a 2.62% stake in the company's first shareholding filing since its listing.
SMR Jewels Limited designs and distributes heritage jewelry blending traditional Indian craftsmanship with contemporary aesthetics. The company creates antique, bridal, Jadtar, Polki, and Minakari pieces inspired by mythology, spirituality, and nature. Founded in 1988 and incorporated in 2018, it is headquartered in Ahmedabad, Gujarat. Operating through a B2B model supplying jewelry retailers and chains across India, the company listed on BSE SME in June 2026.
Ahmedabad-based private limited company incorporated in 2011, operating in jewellery and gemstone trade with directors Dhiren Mahendrkumar Shah and Malaybhai Shantilal Kothari. Surplus cash is deployed in Indian listed equities, with disclosed positions surfacing in smallcap shareholding patterns.
