Advit Jewels IPO Details
The Advit Jewels IPO is a book build issue with a total issue size of ₹165.16 cr, comprising of fresh issue of 11968000 equity shares. Advit Jewels IPO opened for subscription on Jun 23, 2026 and closed on Jun 25, 2026. Advit Jewels IPO is set price band at ₹130 to ₹138 per share, with a lot size of 100 shares. Minimum investment for Retail investors was ₹13,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 29, 2026, and listed on both the NSE and BSE on Jul 01, 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar. Holani Consultants Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Advit Jewels IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 130 – 138
- Lot Size
- 100
- Issue Size
- ₹165.16 Cr
- Minimum Investment
- ₹13800 (100 Shares)
- Listing Date
- 01 July 2026
Current GMP
₹49 (+35.51%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Advit Limited
Established in 2019, Advit Jewels Limited is a Jaipur-based manufacturer of handcrafted fine jewellery marketed under the renowned "Rambhajo" brand. The company specializes in traditional and contemporary jewellery designs, particularly Kundan, Polki, Diamond, and Studded Jewellery, blending generations-old craftsmanship with modern aesthetics.
Rambhajo's legacy dates back to 1921, when Late Shri Kishan Gilara laid the foundation of the jewellery business. Today, the company continues this century-old tradition through a professionally managed corporate structure.
The company's product portfolio includes necklaces, earrings, rings, bangles, and customized jewellery, primarily crafted in 14K and 18K gold using diamonds and coloured gemstones. While its core business follows a B2B model, supplying dealers, showrooms, and retailers across India, it also caters to B2C customers through exclusive made-to-order jewellery. In FY25, 81.63% of revenue came from B2B operations, while 18.37% was generated from B2C sales.
Advit Jewels operates a 6,450 sq. ft. integrated manufacturing facility in Jaipur, equipped with advanced technologies such as 3D printers, casting units, and polishing machines. The facility enables complete in-house production—from gold melting and design development to stone setting, polishing, and quality inspection—ensuring superior quality control, security, and operational efficiency. Customized and premium orders are generally completed within 25–30 days.
The company maintains stringent quality standards through a dedicated quality control team that examines every product for design accuracy, purity, finish, and dimensions before dispatch.
With a strong presence across India, Advit Jewels generates revenue from multiple states, including Maharashtra, Gujarat, Rajasthan, Delhi, Haryana, Punjab, West Bengal, Uttar Pradesh, and Telangana.
* Competitive Strengths
- Strong heritage and trusted "Rambhajo" brand legacy
- Integrated manufacturing operations under one roof
- Diverse product portfolio across customer segments
- Skilled artisan workforce with generations of expertise
- Robust quality control and operational systems
- Experienced management team with strong execution capabilities
- Significant growth potential supported by available production capacity
As of September 2025, the company employed 94 professionals and continues to focus on expanding its market presence while preserving its legacy of craftsmanship and excellence.
Advit Jewels IPO Promoters
- Mr. Nitin Gilara
- Mr. Prateek Gilara
- Mr. Vipul Gilara
- Mr. Krishna Vardhan Gilara
Promoters Holding
Holding Pre Issue
94.59%
Holding Post Issue
69.88%
Advit Jewels IPO Objective
The Company Advit Jewels IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding incremental working capital requirements of our Company
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Our Company from scheduled commercial banks
- General corporate purposes
Address / Contact Info
Advit Jewels Limited
Flat No. 301, Pearl Premier,
Plot No. 4, Jamna Lal Bajaj Marg
C-Scheme, Jaipur, Rajasthan, 302001
Phone: +91 9216035990
Email: cs@advitjewels.com
Website: http://www.rambhajo.com/
IPO Snapshot
Book Running Lead Managers
- Holani Consultants Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Advit Jewels IPO is a Book-building IPO with a total issue size of ₹165.16 crore. The Advit Jewels IPO price band is ₹130 to 138 per share. The Advit Jewels IPO subscription opens on Tue, Jun 23, 2026, and closes on Thu, Jun 25, 2026. The Advit Jewels IPO will be listed on the NSE,BSE. Bigshare Services Pvt Ltd is the registrar for the Advit Jewels IPO.
The Advit Jewels IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026
Advit Jewels IPO Price Band is ₹130 to 138 per share.
Advit Jewels IPO lot size is 100 shares, Retail investors need a minimum investment of ₹13800 based on the upper price band
The minimum investment for Advit Jewels IPO is ₹13800, based on one lot of 100 shares at the upper price band of ₹138 per share.
Investors can apply for the Advit Jewels IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 25, 2026. The application amount remains blocked until the Advit Jewels IPO allotment is finalized.
Advit Jewels IPO issue size is ₹165.16 crores.
Advit Jewels IPO allotment date is Wed, Jul 1, 2026.
The registrar for Advit Jewels IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Advit Jewels IPO allotment status, refund processing, and other IPO-related information.
The Advit Jewels IPO GMP (Grey Market Premium) is ₹49 as of Wed, Jul 1, 2026. Based on the upper price band of ₹138 per share, the estimated Advit Jewels IPO listing price is ₹187, indicating a potential listing gain of approximately 0% over the issue price.