Advit Jewels
· Mainboard · NSE, BSE
Price Band
₹130–138
Lot Size
100 shares
Issue Size
₹165 Cr
Min. Investment
₹13,800
Grey Market Premium
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Estimated listing price: ₹138
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About Advit Jewels
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.
Issue Objectives
- Funding incremental working capital requirements of Company
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Company from scheduled commercial banks
- General Corporate Purposes
- Issue Expenses
Anchor Investors
Advit Jewels IPO raises ₹49.52 crore from anchor investors. Advit Jewels IPO Anchor bid date is June 22, 2026.📝 Anchor Investors Letter (PDF)
Reservation
| 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% |
- QIB30.3%
- − Anchor Investor18.2%
- − QIB (Ex. Anchor)12.1%
- NII (HNI)9.1%
- − bNII > ₹10L6.1%
- − sNII < ₹10L3.0%
- Retail21.2%
Market Lot Size
| 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 |
Financials (₹ Cr)
Valuations
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
₹632.18 Cr.
Peers Comparison
| 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 |
Contact Details
Advit Jewels Ltd. Address
- +91 9216035990
- cs@advitjewels.com
- https://rambhajo.com/
Registrar Contact Details
Bigshare Services Pvt. Ltd.
- +91 22 6263 8200
- ipo@bigshareonline.com
- https://bigshareonline.com
- Office No. S6-2, 6th Floor, Pinnacle Business Park, Andheri East, Mumbai – 400093
Frequently Asked Questions
Key Dates
- Open Date
- 23 Jun 2026
- Close Date
- 25 Jun 2026
- Listing Date
- 01 Jul 2026
Issue Details
- Registrar
- Bigshare Services
- Lead Manager(s)
- Exchange
- NSE, BSE