Bookbuilding IPO | ₹165 Cr | Listed at BSE, NSE | Tue, Jun 23, 2026 - Thu, Jun 25, 2026
Advit Jewels IPO is a book build issue of ₹165.16 crores. The issue is entirely a fresh issue of 1.20 crore shares of ₹165.16 crore.
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 is set final issue price at ₹138 per share. The lot size for an application is 100 shares. The minimum amount of investment required by an individual investor (retail) is ₹13,800 (100 shares) (based on upper price). The lot size investment for sNII is 15 lots (1,500 shares), amounting to ₹2,07,000, and for bNII, it is 73 lots (7,300 shares), amounting to ₹10,07,400.
Holani Consultants Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Advit Jewels IPO RHP for detailed Information.
IPO Open
Tue, Jun 23, 2026
IPO Close
Thu, Jun 25, 2026
Issue Price
₹138 per share
Market Cap (Pre-IPO)
₹632.18 Cr
| IPO Date | 23 to 25 Jun, 2026 |
| Listed on | Wed, Jul 1, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹130 to ₹138 |
| Issue Price | ₹138 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,19,68,000 shares (agg. up to ₹165 Cr) |
| Fresh Issue | 1,19,68,000 shares (agg. up to ₹165 Cr) |
| Share Holding Pre Issue | 3,38,42,000 shares |
| Share Holding Post Issue | 4,58,10,000 shares |
| BSE Script Code / NSE Symbol | 544803 / RAMBHAJO |
| ISIN | INE1SJO01012 |
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.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 59,81,300 | 49.98% | NA |
| − Anchor Investor Shares Offered | 35,88,700 | 29.99% | NA |
| − QIB (Ex. Anchor) Shares Offered | 23,92,600 | 19.99% | NA |
| NII (HNI) Shares Offered | 17,96,700 | 15.01% | NA |
| − bNII > ₹10L | 11,97,800 | 10.01% | 798 |
| − sNII < ₹10L | 5,98,900 | 5.00% | 399 |
| Retail Shares Offered | 41,90,000 | 35.01% | 41,900 |
| Total Shares Offered | 1,19,68,000 | 100.00% |
Investors can bid for a minimum of 100 shares and in multiples thereof.
| 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 raises ₹49.52 crore from anchor investors. Advit Jewels IPO Anchor bid date is June 22, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jun 22, 2026 |
| Shares Offered | 35,88,700 |
| Anchor Portion (₹ Cr.) | 49.52 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Jul 29, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Sep 27, 2026 |
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
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 164.20 | 140.85 | 67.21 | 29.01 |
| Total Income | 123.80 | 124.94 | 69.45 | 46.60 |
| Profit After Tax | 25.44 | 25.37 | 14.71 | 10.39 |
| EBITDA | 36.68 | 37.15 | 18.95 | 12.77 |
| NET Worth | 83.65 | 58.13 | 32.80 | 18.08 |
| Reserves and Surplus | 51.64 | 58.12 | 32.79 | 18.07 |
| Total Borrowing | 64.92 | 74.80 | 19.70 | 5.84 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹415.05 (+4.04%) |
| Shringar House of Mangalsutra Ltd. | Mainboard | ₹400.95 Cr | ₹165 | 19.47 | ₹184.88 | +12.05% | ₹227.73 (+1.65%) |
| BlueStone Jewellery & Lifestyle Ltd. | Mainboard | ₹1,540.65 Cr | ₹517 | null | ₹546.00 | +5.61% | ₹570.70 (+0.61%) |
| Shanti Gold International Ltd. | Mainboard | ₹360.11 Cr | ₹199 | 19.24 | ₹229.38 | +15.27% | ₹220.04 (-0.63%) |
| SMR Jewels Ltd. | SME | ₹63.74 Cr | ₹128 | 18.01 | ₹103.05 | -19.49% | ₹95.30 (+0.26%) |
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹96.60 (-4.02%) |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹187.20 (-4.49%) |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹67.50 (-0.74%) |
| Pushpa Jewellers Ltd. | SME | ₹98.65 Cr | ₹147 | 12.44 | ₹117.60 | -20.00% | ₹100.00 (+2.56%) |
| AJC Jewel Manufacturers Ltd. | SME | ₹15.39 Cr | ₹95 | 12.73 | ₹95.39 | +0.41% | ₹116.95 (+9.60%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of Company | 65.00 |
| 2 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Company from scheduled commercial banks | 65.00 |
| 3 | General Corporate Purposes | 14.21 |
| 4 | Issue Expenses | 20.95 |
| Total | 165.16 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 35.89% | 55.79% |
| ROCE | 24.09% | 27.48% |
| Debt/Equity | 1.29 | |
| RoNW | 30.41% | 43.64% |
| PAT Margin | 20.55% | 20.30% |
| EBITDA Margin | 29.63% | 29.73% |
| Price to Book Value | 7.60 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.50 | 7.41 |
| P/E (x) | 18.41 | 18.64 |
| Promoter Holding | 94.59% | 69.88% |
| Market Cap | ₹632.18 Cr. |
The Advit Jewels IPO is subscribed 212.63 times on June 25, 2026 6:54:35 PM (Day 3). The public issue subscribed 95.30 times in the retail category, 174.98 times in the QIB category, and 536.38 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 174.98 | 23,92,600 | 41,86,47,500 |
| NII | 536.38 | 17,96,700 | 96,37,11,700 |
| bNII (> ₹10L) | 554.12 | 11,96,800 | 66,31,67,800 |
| sNII (< ₹10L) | 502.25 | 5,98,400 | 30,05,43,900 |
| Retail | 95.30 | 41,90,000 | 39,92,92,800 |
| Total | 212.63 | 83,79,300 | 1,78,16,52,000 |
Total Applications: 32,04,037
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Managers (including Underwriting commission) | 11.12 |
| 2 | Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs and brokerage and selling commission and bidding/uploading charges for members of the Syndicate (including their SubSyndicate Members), Registered Brokers, RTAs and CDPs | 0.41 |
| 3 | Advertising and marketing expenses | 3.37 |
| 4 | Fees payable to the Legal Advisors | 0.26 |
| 5 | Fees payable to the Registrar to the Issue | 0.88 |
| 6 | Fees payable to the regulators including Stock Ex changes | 3.54 |
| 7 | Printing and distribution of Issue stationary | 0.20 |
| 8 | Others (Bankers to the Issue, auditor’s fees etc.) | 1.17 |
| Total | 20.95 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹138.00 | ₹138.00 |
| Open | ₹187.00 | ₹188.90 |
| Low | ₹177.65 | ₹179.46 |
| High | ₹190.00 | ₹192.00 |
| Last Trade | ₹178.15 | ₹179.46 |
Lead Manager Reports
Advit Jewels IPO is a main-board IPO of 1,19,68,000 equity shares of the face value of ₹10 aggregating up to ₹165 Crores. The issue is priced at ₹138 per share. The minimum order quantity is 100.
The IPO opens on Tue, Jun 23, 2026, and closes on Thu, Jun 25, 2026.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Advit Jewels IPO using UPI as a payment gateway. Zerodha customers can apply in Advit Jewels IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Advit Jewels IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Advit Jewels IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026.
Advit Jewels IPO lot size is 100, and the minimum amount required for application is ₹13,800.
You can apply in Advit Jewels IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Advit Jewels IPO will be done on Monday, June 29, 2026, and the allotted shares will be credited to your demat account by Tue, Jun 30, 2026. Check the Advit Jewels IPO allotment status.
The Advit Jewels IPO listing date is on Wed, Jul 1, 2026.
