Published: 12 June 2026 | 6.00 AM
Last Updated: 12 June 2026 | 2.30 PM
IPO Overview / Intro
Advit Jewels IPO is a mainboard book building issue comprising 1,19,68,000 equity shares. The IPO consists entirely of a fresh issue of shares.
The IPO opens for subscription on 23 June 2026 and closes on 25 June 2026. The shares are proposed to be listed on NSE and BSE with a tentative listing date of 01 July 2026.
Advit Jewels Ltd is a Jaipur-based jewellery company engaged in handcrafted fine jewellery under the brand name “Rambhajo”. The company specializes in Kundan, Polki, diamond and studded jewellery, with a product portfolio covering necklaces, earrings, rings, bangles and customized jewellery.
Key Highlights
| Particulars | Details |
|---|---|
| IPO Type | Book Building Mainboard IPO |
| Issue Size | 1,19,68,000 Shares |
| Fresh Issue | 1,19,68,000 Shares |
| Offer For Sale | Nil |
| Price Band | To Be Declared |
| Face Value | Rs. 10 Per Share |
| Listing Exchange | NSE & BSE |
| Lot Size | To Be Declared |
| Retail Application | To Be Declared |
| Market Cap | To Be Declared |
| Listing Date | 01 July 2026 |
👉 | IPO GMP | IPO Reviews | IPO Subscription | IPO Allotment
Advit Jewels IPO GMP – Latest Update
| GMP Details | Value |
| Advit Jewels IPO GMP Today | Rs.55 |
| Kostak Rate | Updating Soon |
| Allotted Applications | Updating Soon |
Advit Jewels IPO Subscription Status – Live Update
| Category | Subscription |
| QIB Category | Updating Soon |
| NII Category | Updating Soon |
| Retail Category | Updating Soon |
| Total Subscription | Updating Soon |
IPO Details at a Glance
| Particulars | Details |
| IPO Date | 23 June 2026 to 25 June 2026 |
| Listing Date | 01 July 2026 |
| Face Value | Rs. 10 Per Share |
| Price Band | To Be Declared |
| Lot Size | To Be Declared |
| Issue Type | Book Building IPO |
| Listing At | NSE & BSE |
| Total Issue Size | 1,19,68,000 Shares |
| Fresh Issue | 1,19,68,000 Shares |
| Offer For Sale | Nil |
| Issue Size | To Be Declared |
| Shareholding Pre Issue | 3,38,42,000 Shares |
| Shareholding Post Issue | 4,58,10,000 Shares |
| Market Cap | To Be Declared |
IPO Timetable
| Event | Date |
| IPO Open Date | 23 June 2026 |
| IPO Close Date | 25 June 2026 |
| Basis of Allotment | 29 June 2026 |
| Refund Initiation | 30 June 2026 |
| Credit of Shares | 30 June 2026 |
| Listing Date | 01 July 2026 |
Reservation
| Investor Category | Reservation |
| QIB Shares Offered | 59,81,300 Shares / 49.98% |
| Anchor Investor Shares Offered | 35,88,700 Shares / 29.99% |
| QIB Ex. Anchor Shares Offered | 23,92,600 Shares / 19.99% |
| NII Shares Offered | 17,96,700 Shares / 15.01% |
| bNII Shares Offered | 11,97,800 Shares / 10.01% |
| sNII Shares Offered | 5,98,900 Shares / 5.00% |
| Retail Shares Offered | 41,90,000 Shares / 35.01% |
| Total Shares Offered | 1,19,68,000 Shares / 100.00% |
Lot Size
| Application Type | Lots | Shares | Amount |
| Retail Minimum | To Be Declared | To Be Declared | To Be Declared |
| Retail Maximum | To Be Declared | To Be Declared | To Be Declared |
| S-HNI Minimum | To Be Declared | To Be Declared | To Be Declared |
| S-HNI Maximum | To Be Declared | To Be Declared | To Be Declared |
| B-HNI Minimum | To Be Declared | To Be Declared | To Be Declared |
Company Details
Advit Jewels Ltd was incorporated in 2019 and is a Jaipur-based jewellery company specializing in handcrafted fine jewellery.
The company operates under the brand name “Rambhajo” and focuses on Kundan, Polki, diamond and studded jewellery. Its product portfolio includes necklaces, earrings, rings, bangles and customized jewellery crafted in 14K and 18K gold with diamonds and coloured stones.
Advit Jewels primarily follows a B2B business model by supplying jewellery to dealers, showrooms and retailers. The company also serves B2C customers for exclusive and made-to-order jewellery. In FY 2025, the company derived 81.63% of revenue from the B2B segment and 18.37% from the B2C segment.
The company has a manufacturing unit in Jaipur spread across 6,450 sq. ft. The facility is equipped with modern machines including 3D printers and casting units, allowing the company to handle gold melting, casting, polishing and quality checks in-house.
The company has a PAN-India presence with revenue from Maharashtra, Haryana, Gujarat, Delhi, Punjab, Rajasthan, West Bengal, Uttar Pradesh and Telangana. As of 30 April 2026, Advit Jewels had 111 employees.
Competitive Strengths
| Key Strengths |
| Organized Manufacturing Under One Roof |
| Diversified Product Offering Across Customer Segments |
| Robust Operational Systems and Risk Mitigation Framework |
| Experienced Leadership With Proven Execution Capability |
| Strong Commitment to Quality |
| PAN-India Revenue Presence |
IPO Objects
| Sr. No. | Objects of the Issue | Estimated Amount |
| 1 | Funding Incremental Working Capital Requirements | Rs. 65.00 Crore |
| 2 | Repayment / Pre-Payment of Certain Outstanding Borrowings | Rs. 65.00 Crore |
| 3 | General Corporate Purposes | To Be Declared |
Company Address
| Particulars | Details |
| Registered Office | Flat No. 301, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme, Jaipur, Rajasthan – 302001 |
| Phone | +91 9216035990 |
| cs@advitjewels.com |
Lead Manager & Registrar
| Particulars | Details |
| Lead Manager | Holani Consultants Pvt. Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
| Registrar Phone | +91-22-6263 8200 |
| Registrar Email | ipo@bigshareonline.com |
Financials
| Particulars (Rs. Crore) | 9M FY2026 | FY2025 | FY2024 | FY2023 |
| Total Assets | 164.20 | 140.85 | 67.21 | 29.01 |
| Total Income | 123.80 | 124.94 | 69.45 | 46.60 |
| Profit After Tax | 25.44 | 25.37 | 14.71 | 10.39 |
| EBITDA | 36.68 | 37.15 | 18.95 | 12.77 |
| Net Worth | 83.65 | 58.13 | 32.80 | 18.08 |
| Reserves & Surplus | 51.64 | 58.12 | 32.79 | 18.07 |
| Total Borrowings | 64.92 | 74.80 | 19.70 | 5.84 |
Valuation
Key Performance Indicators (KPI)
| KPI | 9M FY2026 | FY2025 |
| ROE | 35.89% | 55.79% |
| ROCE | 24.09% | 27.48% |
| Debt / Equity | To Be Declared | 1.29 |
| RoNW | 30.41% | 43.64% |
| PAT Margin | 20.55% | 20.30% |
| EBITDA Margin | 29.63% | 29.73% |
EPS & Valuation
| Particulars | Pre IPO | Post IPO |
| EPS (Rs.) | 7.50 | 7.41 |
| P/E (x) | To Be Declared | To Be Declared |
Shareholding Pattern
| Particulars | Pre Issue | Post Issue |
| Promoter Holding | 94.59% | To Be Declared |
Chanakya View
Investment Summary
| Parameter | Observation |
| Business Segment | Handcrafted Fine Jewellery |
| Industry Outlook | Strong Long-Term Potential |
| Revenue Growth | Healthy |
| Profitability | Strong |
| B2B Revenue Share | 81.63% in FY2025 |
| B2C Revenue Share | 18.37% in FY2025 |
| Manufacturing Facility | 6,450 Sq. Ft. Jaipur Unit |
| Valuation | To Be Declared |
| Listing Liquidity | Mainboard Presence |
Positives
| Strengths |
| Strong handcrafted jewellery positioning |
| Presence in Kundan, Polki, diamond and studded jewellery |
| Established brand identity under “Rambhajo” |
| High PAT margin and EBITDA margin |
| PAN-India revenue presence |
| In-house manufacturing and quality control |
Concerns
| Risks |
| Price band and valuation are yet to be declared |
| Jewellery business depends on gold price volatility |
| High working capital requirement |
| Competitive jewellery market |
| B2B revenue concentration risk |
| Debt level needs monitoring |
Advit Jewels Ltd operates in the premium handcrafted jewellery segment where demand is supported by weddings, luxury consumption and rising preference for customized jewellery.
The company has built its positioning around Kundan, Polki, diamond and studded jewellery under the brand name “Rambhajo”. Its B2B-led model provides scale, while B2C made-to-order jewellery gives the company an opportunity to capture premium margins.
Financially, the company has shown strong growth in income, profit and net worth over the last three financial years. PAT margin and EBITDA margin remain healthy, indicating operating strength in the business.
However, the final price band, market cap, lot size and valuation are yet to be declared. Investors should wait for pricing clarity before taking a final call.
Considering its strong profitability, handcrafted jewellery positioning, PAN-India presence and fresh issue structure, Advit Jewels IPO may attract investor interest, subject to reasonable valuation and grey market trend closer to opening.
FAQs
What is Advit Jewels IPO GMP today?
Advit Jewels IPO GMP today is currently updating in the grey market. Investors should monitor live GMP movement closer to the IPO opening and listing date for better market sentiment assessment.
What is the Advit Jewels IPO price band?
Advit Jewels IPO price band is yet to be declared. The company will announce the final price band before the IPO opens for subscription.
What is the Advit Jewels IPO lot size?
Advit Jewels IPO lot size is yet to be declared. The minimum retail application amount will be updated once the price band and lot size are announced.
When will Advit Jewels IPO list?
Advit Jewels IPO is expected to list on NSE and BSE on 01 July 2026.