Advit Jewels IPO
Advit Jewels IPO offers investors an opportunity to participate in a premium jewellery manufacturer specializing in handcrafted Kundan, Polki, Diamond, and studded jewellery. Check the latest Advit Jewels IPO details, price band, issue size, dates, financ
Advit Jewels IPO Details
Advit Jewels IPO bidding started from Jun 23, 2026 and ended on Jun 25, 2026. The allotment for Advit Jewels IPO was finalized on Jun 29, 2026. The shares got listed on NSE and BSE on Jul 1, 2026.
Advit Jewels IPO Timeline (Tentative)
The Advit Jewels IPO follows the standard book-building process prescribed under SEBI regulations. Investors should monitor the important dates, including the issue opening and closing dates, basis of allotment, refund initiation, credit of shares to demat accounts, and the proposed listing date. These milestones help applicants track the progress of the IPO from subscription to listing.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Tue, Jun 23, 2026 |
| IPO Close Date | Thu, Jun 25, 2026 |
| Basis of Allotment | Sat, Aug 29, 2026 |
| Initiation of Refunds | Tue, Jun 30, 2026 |
| Credit of Shares to Demat | Tue, Jun 30, 2026 |
| Listing Date | Wed, Jul 1, 2026 |
| IPO Open | Jun 23, 2026 |
| IPO Close | Jun 25, 2026 |
| Allotment | Jun 29, 2026 |
| Refund | Jun 30, 2026 |
| Credit of Shares | Jun 30, 2026 |
| Listing | Jul 1, 2026 |
Advit Jewels IPO Lot Size
The minimum investment in the Advit Jewels IPO is determined by the prescribed lot size. Retail investors are required to apply for at least one lot, while other investor categories may apply for multiple lots in accordance with SEBI regulations and the terms of the issue. Before investing, applicants should calculate the total investment amount based on the applicable lot size and the final issue price.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 100 | 13,800 |
| Retail (Max) | 14 | 1,400 | 1,93,200 |
| S-HNI (Min) | 15 | 1,500 | 2,07,000 |
| S-HNI (Max) | 72 | 7,200 | 9,93,600 |
| B-HNI (Min) | 73 | 7,300 | 10,07,400 |
Advit Jewels IPO Reservation
Advit Jewels IPO comprises a total issue size of 1,19,68,000 shares. Out of which, 59,81,300 (49.98%) are allocated to QIB, 17,96,700 (15.01%) allocated to NII 41,90,000 (35.01%) allocated to RII.
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.
Competitive 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
- Unwavering Commitment to Quality
Strengths
- Advit Jewels highlights several competitive strengths that support its business model:
- Established jewellery business with the heritage "Rambhajo Since 1921" brand.
- Expertise in manufacturing handcrafted Kundan, Polki, diamond, and studded jewellery.
- Combination of traditional craftsmanship with modern manufacturing technology.
- Centralized production facility supported by advanced design and manufacturing capabilities.
- Experienced promoter group with significant industry knowledge.
- Diversified customer base across B2B and B2C segments.
- Ability to deliver customized jewellery based on customer requirements.
Risks to Consider
- Prospective investors should carefully consider the risks disclosed in the Red Herring Prospectus. Some of the key business risks include:
- Fluctuations in gold and other raw material prices may affect profitability.
- Dependence on customer demand in the jewellery industry.
- Intense competition from organized and unorganized jewellery manufacturers.
- Reliance on skilled artisans and experienced personnel for production.
- Exposure to changes in consumer preferences and discretionary spending.
- Working capital requirements and borrowing obligations may influence future financial performance.
- Investors should review all risk factors contained in the RHP before making an investment decision.
Advit Jewels Financials (₹ Cr)
According to the Red Herring Prospectus, Advit Jewels has reported growth in its business operations over the reported financial periods. The company has disclosed its audited financial statements, including revenue, profitability, assets, liabilities, and cash flow information, enabling investors to evaluate its historical financial performance. Investors should review these financial statements together with the notes to accounts before making an investment decision.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2025 | 12,493.73 | 2,536.71 | 14,085.40 | 5,813.42 |
| FY2024 | 6,944.26 | 1,471.04 | 6,720.93 | 3,280.29 |
| FY2023 | 4,660.41 | 1,038.98 | 2,901.12 | 1,807.82 |
KPIs & Valuation
The company has disclosed key performance indicators (KPIs) and valuation metrics in the Red Herring Prospectus to help investors assess its financial position and pricing. These indicators may include profitability ratios, return ratios, earnings per share, net asset value, and valuation multiples. Such metrics should be considered along with industry comparisons, business prospects, and overall market conditions rather than in isolation.
Objects of the Issue
The primary objective of the Advit Jewels IPO is to strengthen the company's financial position and support its long-term business growth. The company intends to utilize the net proceeds from the fresh issue for specific purposes outlined in the Red Herring Prospectus. These planned uses are aimed at improving operational efficiency, reducing financial obligations, and providing additional financial flexibility for future expansion.
- According to the Red Herring Prospectus, the company proposes to utilize the net proceeds from the IPO for the following key objectives:
- Repayment or prepayment of certain borrowings: A significant portion of the proceeds is proposed to be used for repaying or prepaying specified outstanding borrowings. Reducing debt may help lower finance costs, improve the company's capital structure, and strengthen its balance sheet.
- Funding working capital requirements: Part of the proceeds is intended to support the company's working capital needs. Additional working capital can assist in managing inventory, purchasing raw materials, meeting day-to-day operational expenses, and supporting business growth.
- General corporate purposes: The company also proposes to allocate a portion of the proceeds toward general corporate purposes. These funds may be used to support business development initiatives, improve operational capabilities, strengthen corporate infrastructure, or meet other business requirements in accordance with applicable laws and the company's internal policies.
Promoters, Lead Managers & Registrar
Advit Jewels Limited is promoted by individuals with long-standing experience in the jewellery industry. The promoter group has played a key role in establishing the company's operations, expanding its product portfolio, and developing the heritage "Rambhajo Since 1921" brand. Their industry knowledge and strategic guidance continue to support the company's business growth and long-term vision. For the complete list of promoters and promoter group entities, investors should refer to the Red Herring Prospectus.
Promoters
Lead Managers (BRLM)
Advit Jewels IPO Review
Advit Jewels Limited operates in India's organized jewellery manufacturing sector and has built its business around the heritage "Rambhajo Since 1921" brand. The company specializes in handcrafted Kundan, Polki, diamond, and studded jewellery, serving customers through both B2B and B2C channels. Its combination of traditional craftsmanship with modern manufacturing capabilities provides a foundation for serving premium jewellery demand.
From an operational perspective, the company benefits from an experienced promoter group, an established manufacturing facility in Jaipur, and a diversified product portfolio. The proposed use of IPO proceeds toward reducing certain borrowings and supporting working capital may help strengthen its financial position and support future business operations.
At the same time, investors should carefully evaluate the risks disclosed in the Red Herring Prospectus. The jewellery industry is influenced by factors such as fluctuations in gold prices, changing consumer preferences, competitive market conditions, and the company's ability to maintain relationships with customers and skilled artisans. These factors may affect future financial performance and business growth.
How to Apply
Applying for the Advit Jewels IPO is a simple online process for investors who have a demat account, a trading account, and a bank account with UPI support. Most leading stockbrokers and banks provide an online platform where investors can submit IPO applications during the bidding period.
Step-by-Step Process to Apply
Step 1: Log in to Your Trading Account
Open your preferred stockbroker's mobile application or web platform and navigate to the IPO section.
Step 2: Select Advit Jewels IPO
Choose Advit Jewels IPO from the list of active public issues available for subscription.
Step 3: Enter Your Bid Details
Provide the required information, including:
- Number of lots you wish to apply for.
- Bid price (or select the Cut-off Price option if available for eligible retail investors).
- Investor category, if applicable.
Step 4: Enter Your UPI ID
Provide a valid UPI ID linked to your bank account. This UPI ID will be used to authorize the IPO mandate for blocking the application amount.
Step 5: Submit the Application
Review all the entered details carefully and submit your IPO application through your broker's platform.
Step 6: Approve the UPI Mandate
After submitting the application, you will receive a UPI mandate request in your UPI application. Approve the mandate before the specified deadline to complete the application process.
Step 7: Wait for Allotment
After the IPO closes, the company will finalize the basis of allotment. If shares are allotted, they will be credited to your demat account before the listing date. If shares are not allotted, the blocked amount will be released by your bank according to the applicable process.
Last updated Aug 3, 2026.