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Advit Jewels IPO Review

Advit Jewels IPO has been reviewed by 14 analysts, and the overall consensus is Strong Apply — carrying a score of 88. Out of the 14 analysts who have covered this IPO, 10 recommend subscribing while 4 advise caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹130-138 per share, with a minimum application size of 100 shares (minimum investment of approximately ₹13,800 at the upper band). Subscription ran from 23 Jun 2026 to 25 Jun 2026. The issue size is ₹165 crore, entirely a fresh issue. As of now, the grey market premium (GMP) for Advit Jewels IPO is quoting at ₹49.5 (35.9%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
88/ 100
Strong Apply 10 of 14 recommend subscribing
How analysts voted
Apply 10
May apply 2
Neutral 2

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Advit Jewels operates in a niche jewellery segment with a growing product portfolio and strong return ratios, one note citing RoNW of 43.6 percent. Revenue was ₹124.94 crore in FY25 and ₹123.80 crore for the nine months to December 2025. Eleven of the fourteen analysts said subscribe, two stayed neutral and one advised caution.

Listing gains

The notes value the issue between about 13.0 and 18.6 times annualised earnings, on a market cap near ₹632 crore. Analysts acknowledge this sits above listed jewellery peers but argue the far higher return ratios justify it. With a large majority recommending subscribe, the coverage pointed to a positive listing.

Short-term strategy

Profit for the nine months to December 2025 was ₹25.44 crore, already matching the ₹25.37 crore of full-year FY25, so momentum is strong. Fresh money funds incremental working capital, which a growing jewellery business needs. The notes saw execution capability as the main near-term strength.

Long-term strategy

The long-term case in the notes rests on a niche position, an expanding product portfolio and return ratios well ahead of peers. The caution raised is that the premium multiple already assumes that growth continues, so any slowdown in the portfolio expansion would remove the main justification for the price.

How this is written: an AI-assisted summary of the 14 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Advit Jewels IPO?

The analyst consensus for Advit Jewels IPO tracked on this page is Strong Apply, with a score of 88/100. Out of 14 analysts who have reviewed this IPO, 10 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 88 mean for Advit Jewels IPO?

The score of 88 is an aggregate of all analyst ratings tracked for Advit Jewels IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

What was the actual listing price of Advit Jewels IPO?

Advit Jewels IPO listed on July 1, 2026 at ₹188.90, against the issue price of ₹138 — a gain of +36.88% (₹50.9 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Advit Jewels IPO?

Advit Jewels IPO was priced at ₹130-138 per share. The minimum lot size is 100 shares, making the minimum investment approximately ₹13,800 at the upper end of the price band. Subscription ran from 23 Jun 2026 to 25 Jun 2026.

Explore Advit Jewels IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Advit Jewels IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Strong Apply
Score
88 / 100
Listed at
₹188.90
Full IPO details