Advit Jewels Limited: Check IPO Date, Live Subscription and Key Details
Advit Jewels Limited, incorporated in 2019, is a premier Jaipur-based fine jewellery company operating under the highly acclaimed legacy brand name 'Rambhajo'. The company specializes in creating handcrafted luxury jewellery collections, showcasing generational design mastery across Kundan, Polki, fine diamonds, and custom gemstone-studded variations. Advit works primarily via a robust B2B pipeline, supplying premium corporate showrooms, dealers, and nationwide retail networks, alongside managing a specialized elite bespoke B2C customer portal for personalized custom bridal orders. Its centralized 6,450 sq. ft. precision manufacturing house in Jaipur handles integrated creation pipelines spanning 3D prototyping, advanced vacuum casting, fine stone-setting, and strict internal QC audits.
Price Range
₹130.0 - ₹138.0
Issue Size
₹165.16 Cr
Lot Size
100 shares
IPO Type
Mainboard
GMP
₹56(+40.58%)
Est. Listing Price
₹194
Estimate Profit
₹5,600
Retail Portion
35.01%
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
7.41
P/E Ratio
18.64
RoNW
30.41%
ROE
35.89%
Debt to Equity
1.29
Advertisement
Timeline
IPO Opens
23 Jun
IPO Closes
25 Jun
Allotment
29 Jun
Listing
1 Jul
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 23 June 2026 | Subscription starts |
| IPO Close Date | 25 June 2026 | Subscription ends |
| Allotment Date | 29 June 2026 | Allotment |
| Listing Date | 1 July 2026 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹13,800 |
Retail (Max)Just less than ₹2,00,000 | 14 | ₹1,93,200 |
SHNI (Min)Just above ₹2,00,000 | 15 | ₹2,07,000 |
SHNI (Max)Below ₹10,00,000 | 72 | ₹9,93,600 |
BHNIAbove ₹10,00,000 | 73 | ₹10,07,400 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 49.98% |
| NII (Non-Institutional Investor) | 15.01% |
| SHNI (Small Non-Institutional Investor) | 5.00% |
| BHNI (Big Non-Institutional Investor) | 10.01% |
| Retail | 35.01% |
| Total | 100.00% |
IPO Objectives
- Funding the incremental long-term working capital requirements of the Company (₹65.00 Cr).
- Full or partial repayment or prepayment of certain outstanding borrowings availed by the Company from scheduled commercial banks (₹65.00 Cr).
- General Corporate Purposes.
Strengths
- The company commands a Renowned Heritage Equity, operating under the highly recognizable family brand legacy of 'Rambhajo' to ensure strong market positioning and operational stickiness with premium enterprise clients.
- It runs an Integrated Production Ecosystem, maintaining an organized 6,450 sq. ft. specialized facility that tracks entire workflows internally from 3D printing and alloy design up to final stone setting.
- The business achieves Stellar Core Profitability, generating robust financial operating parameters with an exceptional net PAT margin of 20.55% and an EBITDA margin of 29.63%.
- The issue benefits from a Highly Bullish Gray Market Outlook, with unofficial grey market interest reflecting massive premium demand tracking at an active premium of ₹78, implying an estimated 56.52% listing gain entry level.
- It establishes a Pan-India Distribution Reach, leveraging diversified income tunnels that capture key revenue collections from high-yield retail hubs spanning Maharashtra, Delhi, Gujarat, and Haryana.
Weaknesses
- The firm reflects Stagnant Interim Revenue Growth, as its operational metrics indicate a plateauing top-line sequence with restated 9-month revenues at ₹123.80 Cr moving flat relative to the complete prior fiscal year of ₹124.94 Cr.
- It carries Significant Balance Sheet Leverage, with total borrowing levels reaching ₹64.92 Cr as of late 2025, leaving its pre-issue debt-to-equity ratio standing at a high 1.29.
- The operations demand a Working Capital Intensive Focus, requiring lengthy cash deployment limits due to extended custom creation schedules (25 to 30 days) and steep inventory handling metrics, which necessitates drawing ₹65 Cr from public channels.
Advertisement
Financial Performance
| Period Ended | 31 Dec 2025 (9M) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 164.2 | 140.85 | 67.21 | 29.01 |
| Revenue (₹ Cr.) | 123.8 | 124.94 | 69.45 | 46.6 |
| PAT (₹ Cr.) | 25.44 | 25.37 | 14.71 | 10.39 |
| Net Worth (₹ Cr.) | 83.65 | 58.13 | 32.8 | 18.08 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Advit Jewels Limited | 7.6 | 18.64 | 35.89% | 83.65 |
| Radhika Jeweltech Limited | 1.68 | 8.93 | 18.79% | 323.01 |
| RBZ Jewellers Limited | 9.78 | 1.79 | 18.28% | 245.17 |
Subscription Details
Daily Bids Status
| Category | Day 1 |
|---|---|
| QIB | 1.11x |
| NII | 23.86x |
| S-HNI | 37.01x |
| B-HNI | 17.31x |
| RII | 11.74x |
| Total | 11.3x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 23,92,600 | 26,57,400 | 36.67 |
| NII | 17,96,700 | 4,28,62,600 | 591.5 |
| Small NII | 5,98,400 | 2,21,45,200 | 305.6 |
| Big NII | 11,96,800 | 2,07,17,400 | 285.9 |
| RII | 41,90,000 | 4,91,79,400 | 678.68 |
| Total | 83,79,300 | 9,46,99,400 | 1,306.85 |
Advertisement
Company Details
- Advit Jewels Ltd.
- Flat No. 301, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme, Jaipur, Rajasthan, 302001
- +91 9216035990
- cs@advitjewels.com
- https://www.advitjewels.com/
Registrar Details
- Bigshare Services Pvt.Ltd.
- +91-22-6263 8200
- ipo@bigshareonline.com
- https://www.bigshareonline.com/
Frequently Asked Questions
What does Advit Jewels do?
Advit Jewels manufactures and distributes jewellery products, including Kundan, Polki, diamond-studded, and traditional handcrafted jewellery. The company primarily serves wholesale and B2B customers through its Rambhajo brand.
What are the IPO dates for Advit Jewels IPO?
The Advit Jewels IPO will open for subscription on June 23, 2026, and close on June 25, 2026.
What is the price band and minimum investment for Advit Jewels IPO?
The IPO price band is fixed at ₹130 to ₹138 per share. Retail investors need to apply for a minimum of 1 lot (100 shares), requiring an investment of ₹13,800 at the upper price band.
What is the Grey Market Premium (GMP) of Advit Jewels IPO today?
As of June 15, 2026, the Grey Market Premium (GMP) of Advit Jewels IPO is around ₹78 per share, indicating an estimated listing price of about ₹216.
Where will Advit Jewels IPO be listed?
Advit Jewels IPO is proposed to be listed on both BSE and NSE, with the tentative listing date set for July 1, 2026.
Loading comments...