Advit Jewels Limited, a Jaipur-based jewellery manufacturer is launching its mainboard IPO at NSE & BSE on June 23, 2026. Let’s Discuss about the Advit Jewels IPO GMP, price band, lot size, minimum investment, key dates, financials, and other important details.
What is Advit Jewels IPO?
The Advit Jewels IPO is a book-built issue structured entirely as a Fresh Issue.
Qualified Institutional Buyers (QIB): Not more than 50% (including Anchor).
Non-Institutional Investors (NII/HNI): Not less than 15%.
Retail Investors: Not less than 35%.
Advit Jewels IPO GMP Today
As of today, 16 June 2026, Advit Jewels IPO GMP stands at ₹91(65.94%), implying a listing price of around ₹229 per share, which is about 65.94% premium over the upper band of ₹138.
GMP Date
IPO Price
GMP
Expected Listing
Premium (%)
16-Jun-26
₹138
₹91
₹229
65.94
15-Jun-26
₹138
₹91
₹229
65.94
14-Jun-26
₹138
₹85
₹223
61.59
13-Jun-26
₹138
₹82
₹220
59.42
12-Jun-26
₹138
₹83
₹221
60.14
11-Jun-26
₹138
₹88
₹226
63.77
10-Jun-26
₹138
₹85
₹223
61.59
Advit Jewels IPO Subscription Status
Check the latest Advit Jewels IPO subscription status today, including retail, QIB, and NII subscription details, in the table below.
Type of Investor
Subscription (Multiples)
Qualified Institutional Buyers (QIB)
Available once IPO open's for subscription
Non-Institutional Investors (NII)
Available once IPO open's for subscription
Retail Investors
Available once IPO open's for subscription
Total
Available once IPO open's for subscription
Advit Jewels IPO Objectives
Capital Infusion for Growth: The IPO proceeds will fund incremental working capital requirements, repayment/pre-payment of outstanding borrowings, and general corporate purposes.
Expansion and Debt Reduction: As a pure Fresh Issue, the company receives funds to support operations, reduce debt, and strengthen its financial position.
No Divestment: Proceeds go entirely back into the company to support business growth.
About Advit Jewels Limited
Advit Jewels Limited was incorporated in 2019 and is primarily in the manufacturing and selling of traditional and contemporary handcrafted fine jewellery. It specialises in Kundan, Polki, Diamond, and studded pieces under the brand "Rambhajo" (roots tracing back to 1921). The company operates mainly from Jaipur, Rajasthan.
Headquarters: Jaipur, Rajasthan, India
Scale: It has a manufacturing unit in Jaipur, caters to B2B and B2C segments with PAN-India presence.
Advit Jewels Business Overview
Advit Jewels is a growing player in the handcrafted jewellery segment, focusing on high-quality gold, diamond, and coloured stone jewellery.
Core Operations: Design, manufacturing, and sale of necklaces, earrings, rings, bangles, and customised pieces using traditional artisan skills combined with modern techniques.
Production: In-house facility equipped with modern tools like 3D printers.
Market Position: Strong presence in traditional and contemporary jewellery, supporting demand in domestic markets.
Product Portfolio & Specialization
Gold Jewelry & Artifacts with BIS Hallmarking certification
Diamond Jewelry: premium studded pieces
Kundan Jadau Jewelry: Famous for its traditional Indian craftsmanship
Polki Jewelry: Stands for uncut diamond specialization
Facilities: Specialized manufacturing unit with plant & machinery
Certifications: BIS Hallmarking, Fire Safety NOC, Legal Metrology compliance
Advit Jewels Ltd Key Highlights
Growth: Company had a strong revenue growth from ₹46.60 Cr in FY2023 to ₹124.94 Cr in FY2025.
Profitability: Advit Jewels Ltd is consistently manitaining a healthy PAT margins and expansion in operations.
Brand Heritage: Backed by legacy in Jaipur's jewellery ecosystem.
Sector Tailwinds: Rising demand for Indian handcrafted jewellery.
Strengths and Challenges of Advit Jewels Ltd.
Strengths
The company has built a strong presence in the premium handcrafted jewellery segment, backed by experienced artisans and traditional craftsmanship.
Advit Jewels in-house manufacturing capabilities can help maintain quality standards, improve production efficiency, and offer better control over the entire manufacturing process.
The business has demonstrated healthy revenue growth over the years, reflecting its ability to scale operations and expand its market presence.
Challenges
The IPO consists entirely of a fresh issue, which states existing shareholders are not offering any shares for sale through an Offer for Sale (OFS).
The jewellery industry is highly competitive and remains sensitive to fluctuations in gold and diamond prices globaly, which can impact profit margins.
As a manufacturing-led business, it requires significant working capital to manage inventory and day-to-day operations effectively.
The company must also navigate various regulatory requirements and environmental, social, and governance (ESG) considerations associated with jewellery manufacturing and sourcing.
Advit Jewels Ltd Financial Performance
Period Ended
31 Dec 2025
31 Mar 2025
31 Mar 2024
31 Mar 2023
Assets
164.2
140.85
67.21
29.01
Total Income
123.8
124.94
69.45
46.6
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
32.8
18.08
Reserves and Surplus
51.64
58.12
32.79
18.07
Total Borrowing
64.92
74.8
19.7
5.84
How to Apply for Advit Jewels IPO?
Investors can apply via ASBA (online/offline) using the UPI for payment mandate.
Online ASBA/UPI:
Log in to your broker's platform.
Navigate to the IPO section.
Select "Advit Jewels Ltd IPO".
Enter the details of the bid, such as lots, price, and UPI ID if applicable.
Submit and confirm the mandate.
Offline:
Offline application process is strait forward process applicant needs to obtain application form from broker/exchange need to fill in the details and submit to the broker.
Advit Jewels Limited (Advit Jewels) IPO Allotment Status
The Advit Jewels IPO allotment status will be announced on the Bigshare Services Pvt. Ltd. website applicants can check their status on June 29, 2026.
Step 1: Visit the registrar's official website (Bigshare Services Pvt. Ltd.).
Step 2: Select the IPO “Advit Jewels Limited”.
Step 3: Enter PAN Number / Application Number / DP ID.
Step 4: Click on search button.
Your allotment status will appear instantly if incase not seen the IPO name please wait for some time and retry again.
Note: Allotment status can also be checked on the NSE, the BSE, or with your stockbroker.
The Advit Jewels IPO presents a compelling opportunity to invest in a fast-growing handcrafted jewellery manufacturer with strong revenue momentum, heritage brand roots, and healthy profitability. With positive GMP and sector tailwinds, it could appeal to investors seeking exposure to the consumer discretionary and jewellery space.
Disclaimer: The information provided in the article is only for educational purposes and should not be taken as investment advice. Investors are advised to conduct their own research and consult SEBI-registered financial advisors before making any investment decisions. Grey market premiums are unofficial and volatile, and past performance is not indicative of future results.
Can a retail investor apply for the Advit Jewels IPO through multiple demat accounts?
Yes, retail investors can apply through different demat accounts, provided each application is linked to a unique PAN. The registrar may reject multiple applications using the same PAN under the retail category.
Do investors modify or cancel their Advit Jewels IPO application after submission?
Yes, investors can generally revise or withdraw their IPO applications before the issue closes, subject to the procedures and timelines prescribed by their broker or the ASBA platform being used.
How do Non-Resident Indians (NRIs) apply for the Advit Jewels IPO?
Eligible Non-Resident Indians (NRIs) may apply for the Advit Jewels IPO through approved banking channels and demat accounts, subject to RBI regulations, FEMA guidelines, and the eligibility criteria mentioned in the IPO prospectus.
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