Advit Jewels IPO — Date, Price Band, GMP & Allotment 2026
Advit Jewels IPO is scheduled to open for subscription from 23 June 2026 to 25 June 2026. Incorporated in 2019, the Jaipur-based company is engaged in manufacturing and selling handcrafted fine jewellery, with a strong focus on Kundan, Polki, Diamond and Studded jewellery under its well-known “Rambhajo Since 1921” brand. The company follows an integrated business model covering jewellery design, manufacturing and sales, catering primarily to bridal and premium jewellery segments across India.
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Stock Price
As the IPO is listed, here is the Live Share Price for Advit Jewels
IPO Summary
What is the Advit Jewels IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 23 Jun, 2026 | Tuesday |
| IPO Close Date | 25 Jun, 2026 | Thursday |
| Basis of Allotment | 29 Jun, 2026 | Monday |
| Refunds Initiated | 30 Jun, 2026 | Tuesday |
| Credit to Demat | 30 Jun, 2026 | Tuesday |
| Listing Date | 01 Jul, 2026 | Wednesday |
What is the Advit Jewels IPO Lot Size?
Bidding in multiples of 100 shares.
| 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 |
About Advit Jewels
The company is promoted by members of the Rambhajo family, who have extensive experience in the jewellery industry. Advit Jewels follows an integrated business model, managing the entire value chain from product design and sourcing of raw materials to manufacturing and distribution. This approach helps the company maintain quality standards, preserve traditional craftsmanship, and meet evolving customer preferences. Its products are sold through a combination of wholesale channels, retail networks, and direct customer relationships, with a strong presence in key jewellery markets across the country.
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Advit Jewels Key Performance Indicators (KPIs)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Funding incremental working capital requirements of our Company | ₹65.00 Cr. |
| Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Our Company from scheduled commercial banks | ₹65.00 Cr. |
| General corporate purposes |
Strengths & Risks
Strengths
- ✓ Strong Heritage Brand – The company benefits from the long-standing "Rambhajo Since 1921" legacy, which enhances brand recognition and customer trust in the jewellery market.
- ✓ Specialized Product Portfolio – Focus on premium Kundan, Polki, Diamond, and Gemstone jewellery helps the company cater to the high-value bridal and luxury jewellery segments.
- ✓ Integrated Business Model – In-house design, manufacturing, and distribution capabilities provide better quality control and operational efficiency.
- ✓ Experienced Promoters – The promoters have significant industry experience and established relationships with customers, suppliers, and artisans.
- ✓ Growing Demand for Organized Jewellery Brands – Increasing consumer preference for branded and certified jewellery creates growth opportunities for the company.
Risks
- ⚠ Dependence on Gold and Precious Stone Prices – Volatility in gold, diamond, and gemstone prices can impact margins and profitability.
- ⚠ Highly Competitive Industry – The company faces competition from large organized jewellery brands as well as numerous regional and local jewellers.
- ⚠ Concentration in Premium Segment – A slowdown in demand for luxury and bridal jewellery may adversely affect sales.
- ⚠ Regulatory and Compliance Risks – Changes in taxation, hallmarking norms, import duties, or jewellery industry regulations could impact operations.
- ⚠ Working Capital Intensive Business – Jewellery manufacturing and inventory management require substantial working capital, which may put pressure on cash flows.
Company Financials
The Advit Jewels company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 123.80 | 124.94 | 69.45 |
| EBITDA | 36.68 | 37.15 | 18.95 |
| Net Profit | 25.44 | 25.37 | 14.71 |
| Debt | 64.92 | 74.80 | 19.70 |
| Assets | 164.20 | 140.85 | 67.21 |
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Promoters and Shareholding Details
| Particular | % Share |
|---|---|
| Promoter Holding Pre Issue | 94.59% |
| Promoter Holding Post Issue | 69.88% |
Frequently Asked Questions
What is the GMP of Advit Jewels?
The current Grey Market Premium (GMP) of Advit Jewels is ₹ 49.5.
What is the Advit Jewels IPO Price Band?
The price band for Advit Jewels IPO is ₹130 to ₹138.
When is the Advit Jewels IPO Allotment?
The allotment date for Advit Jewels IPO is June 29, 2026.
How to check Advit Jewels IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Bigshare Services Private Limited).
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