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Advit Jewels IPO IPO

Mainline23 Jun 202625 Jun 2026
Open
23 Jun 2026
Close
25 Jun 2026
3
Allotment
Listing
Wed, Jul 1, 2026
Price Band
₹130 to ₹138
Issue Size
1,19,68,000 shares (agg. up to ₹165 Cr)
Lot Size
100 Shares
Listing Date
Wed, Jul 1, 2026
Latest GMP
₹49.5
Est. Gain
35.87%
✦ AI Insight

GMP Trend

01-07-202649.5Est. ₹187.5+35.87%
30-06-202649.5Est. ₹187.5+35.87%
29-06-202650Est. ₹188+36.23%
28-06-202649Est. ₹187+35.51%
27-06-202649Est. ₹187+35.51%
26-06-202646Est. ₹184+33.33%
25-06-202646Est. ₹184+33.33%

Live Subscription

CategorySubscription (times)
QIB174.98x
NII536.38x
Retail95.30x
Total148.87x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets164.20140.8567.2129.01
Total Income123.80124.9469.4546.60
Profit After Tax25.4425.3714.7110.39
EBITDA36.6837.1518.9512.77
NET Worth83.6558.1332.8018.08
Reserves and Surplus51.6458.1232.7918.07
Total Borrowing64.9274.8019.705.84
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
PNGS Reva Diamond Jewellery Ltd.Mainboard₹379.52 Cr₹38610.96₹411.70+6.66%₹405.95 (-1.34%)
Shringar House of Mangalsutra Ltd.Mainboard₹400.92 Cr₹16519.47₹184.88+12.05%₹219.66 (-0.43%)
BlueStone Jewellery & Lifestyle Ltd.Mainboard₹1,540.65 Cr₹517null₹546.00+5.61%₹772.40 (+3.11%)
Shanti Gold International Ltd.Mainboard₹360.11 Cr₹19919.24₹229.38+15.27%₹211.29 (+2.05%)
SMR Jewels Ltd.SME₹63.74 Cr₹12818.01₹103.05-19.49%₹89.00 (+2.30%)
Yaashvi Jewellers Ltd.SME₹43.88 Cr₹835.6₹87.05+4.88%₹72.00 (+2.35%)
Grover Jewells Ltd.SME₹33.83 Cr₹8812.31₹100.80+14.55%₹160.00 (+4.58%)
Luxury Time Ltd.SME₹18.74 Cr₹8212.57₹163.59+99.50%₹72.98 (-0.69%)
Pushpa Jewellers Ltd.SME₹98.65 Cr₹14712.44₹117.60-20.00%₹111.00 (-3.10%)
AJC Jewel Manufacturers Ltd.SME₹15.39 Cr₹9512.73₹95.39+0.41%₹116.98 (+2.61%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding incremental working capital requirements of Company65.00
2Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Company from scheduled commercial banks65.00
3General Corporate Purposes14.21
4Issue Expenses20.95
Total165.16

About Advit Jewels IPO

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

Contact Details

Advit Jewels Ltd. AddressFlat No.301, Pearl PremierPlot No.4, Jamna Lal Bajaj MargC-SchemeJaipur, Rajasthan, 302001+91 9216035990cs@advitjewels.comVisit Website