· Mainboard · NSE, BSE
Price Band
₹130–138
Lot Size
100 shares
Issue Size
₹165 Cr
Min. Investment
₹13,800
Indicative, updates through the day
Cap price plus current GMP: ₹138 — arithmetic, not a forecast
Advit Jewels IPO is a Mainboard issue that listed on NSE, BSE on 1 July 2026. The issue price band is fixed at ₹130–₹138 per equity share with a minimum market lot size of 100 shares, bringing the total issue size to ₹165 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹13,800.
No meaningful grey market premium is actively quoted for Advit Jewels IPO at this stage. For a Mainboard issue at this point in the timeline, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
As per the latest exchange feeds from BSE and NSE, Advit Jewels IPO has been subscribed 212.63x overall — with QIB at 174.98x, NII at 536.38x, bNII at 554.12x, sNII at 502.25x, Retail at 95.3x, representing over 32,04,037 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 100 shares (approx. ₹13,800 at the cut-off price), while the maximum retail bid is capped at 14 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment finalised on 29 June 2026 and listing completed on 1 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹138
Listed At
₹188.9
Current Price
₹179.46
Incorporated in 2019, Advit Jewels is a Jaipur-based jewellery company, specializing in handcrafted fine jewellery, with expertise in Kundan, Polki, Diamond and Studded pieces under the brand name "Rambhajo". It blend traditional techniques with modern designs to create unique pieces that are both timeless and contemporary. Its product portfolio includes necklaces, earrings, rings, bangles and customized jewellery, crafted in 14K and 18K gold with diamonds and coloured stones. The company primarily works on a B2B model, supplying dealers, showrooms and retailers, but also serve B2C customers for exclusive, made-to-order jewellery. Its jewellery is 100% handmade by skilled artisans trained over generations, ensuring every piece is a masterpiece. In FY 2025, it derived 81.63% of revenue from B2B segment and 18.37% is derived from B2C segment. Manufacturing facility: It has a manufacturing unit in Jaipur (6,450 sq. ft.) is equipped with modern machines like 3D printers and casting units, allowing to handle the complete process in-house – from gold melting to polishing and quality checks. This ensures efficiency, security, and strict quality control. Customized or high-value orders are typically completed within 25–30 days. The company maintains strong quality standards with a dedicated QC team that checks every detail including design, purity, finish, and dimensions before dispatch. It has a PAN India presence with revenue generated from various states including Maharashtra, Haryana, Gujarat, Delhi, Punjab, Rajasthan, West Bengal, Uttar Pradesh, and Telangana. As of April 30, 2026, the company has a total employee base of 111 persons.
Advit Jewels IPO raises ₹49.52 crore from anchor investors. Advit Jewels IPO Anchor bid date is June 22, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 59,81,300 | 49.98% |
| − Anchor Investor | 35,88,700 | 29.99% |
| − QIB (Ex. Anchor) | 23,92,600 | 19.99% |
| NII (HNI) | 17,96,700 | 15.01% |
| − bNII > ₹10L | 11,97,800 | 10.01% |
| − sNII < ₹10L | 5,98,900 | 5% |
| Retail | 41,90,000 | 35.01% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹13,800 |
| Retail (Max) | 14 | 1400 | ₹1,93,200 |
| S-HNI (Min) | 15 | 1500 | ₹2,07,000 |
| S-HNI (Max) | 72 | 7200 | ₹9,93,600 |
| B-HNI (Min) | 73 | 7300 | ₹10,07,400 |
EPS (Pre IPO)
7.50
EPS (Post IPO)
7.41
ROE
30.41%
P/E (Pre IPO)
18.41
P/E (Post IPO)
18.64
Price / Book
Market Cap
₹467Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| PNGS Reva Diamond Jewellery Ltd. | 10.96 | ₹379.52 Cr | |
| Shringar House of Mangalsutra Ltd. | 19.47 | ₹400.92 Cr | |
| BlueStone Jewellery & Lifestyle Ltd. | null | ₹1,540.65 Cr | |
| Shanti Gold International Ltd. | 19.24 | ₹360.11 Cr | |
| SMR Jewels Ltd. | 18.01 | ₹63.74 Cr | |
| Yaashvi Jewellers Ltd. | 5.6 | ₹43.88 Cr |
Advit Jewels Ltd. Address
Bigshare Services Pvt. Ltd.