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Advit Jewels IPO

  • Status: Upcoming
  • RHP:
  • BSE NSE
  • ₹ 13,000 / 100 shares

    Minimum Investment

Advit Jewels IPO Details

  • Open Date

    23 Jun 2026

  • Close Date

    25 Jun 2026

  • IPO Price Range

    ₹ 130 to ₹138

  • IPO Size

    ₹ 165.16 Cr

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Last Updated: 15 June 2026 5:13 PM by 5paisa

Advit Jewels, based in Jaipur and operating under the Rambhajo brand, specializes in handcrafted fine jewellery, including Kundan, Polki, Diamond, and Studded collections. The company designs and manufactures necklaces, earrings, rings, bangles, and customized jewellery in 14K and 18K gold. With a fully integrated 6,450 sq. ft. manufacturing facility and skilled artisans, it serves both B2B and B2C markets, generating 81.63% of FY25 revenue from B2B. Its strong quality standards and pan-India presence support consistent growth and customer trust. 

Established in: 2019 

Managing Director: Nitin Gilara

Peers

Metric 

Advit Jewels and Women Health Limited

Bluestone Jewellery and Lifestyle Limited 

RBZ Jewellers Limited 

Radhika Jeweltech Limited 

Face Value 

10  10 
Total Revenue  124.94  1829.92  530.75  588.29 
EPS (Basic)  0.08  -0.79  0.10  0.05 
EPS (Diluted)  0.08  -0.79  0.10  0.05 
NAV  18.16  363.96  61.26  27.34 
P/E  - NA  12.86  11.10 
RONW %  43.64  -24.00  15.83  18.63  

Advit Jewels Objectives

1. The Company will utilize ₹65 crore to fund incremental working capital requirements.  

2. It will allocate ₹65 crore towards repayment or prepayment of outstanding bank borrowings.  

3. The remaining proceeds will be used for general corporate purposes. 

Advit Jewels IPO Size 

Types Size
Total IPO Size ₹165.16 Cr 
Offer For Sale -
Fresh Issue ₹165.16 Cr 

Advit Jewels IPO Lot Size 

Application Lots Shares Amount (₹)
Retail (Min) 100  13,000 
Retail (Max) 14  1,400  1,93,200 
S - HNI (Min) 15  1,500  1,95,000 
S - HNI (Max)  72  7,200  9,93,600 
B - HNI (Min)  73  7,300  9,49,000 

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY23 FY24 FY25
Revenue 46.60  69.44  124.94 
EBITDA 12.77  18.95  37.15 
PAT 10.39  14.71  25.37 
Particulars (In ₹ Crores) FY23 FY24 FY25
Total Assets 29.01  67.21  140.85 
Share Capital 0.01  0.01  0.01
Total Liabilities 10.93  34.41  82.72 
Cash Flows (₹ Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) Operating Activities -2.77  -10.49  -36.98 
Net Cash Generated From / (used in) Investing Activities -0.10  -2.02  -13.26 
Net Cash Generated From / (used in) Financing Activities 5.28  13.79  49.02 
Net Increase (Decrease) in Cash and Cash Equivalents 2.44  1.28  -1.22 


Strengths

1. Blend of traditional craftsmanship and modern manufacturing.  

2. Diversified product portfolio across customer segments.  

3. Robust operational systems with risk mitigation framework.  

4. Experienced leadership with deep industry expertise.  

Weaknesses

1. High dependence on gold and gemstone prices.  

2. Limited direct-to-consumer revenue contribution currently.  

3. Customised orders involve relatively longer fulfilment cycles.  

4. Business concentrated around a single manufacturing facility. 

Opportunities

1. Growing demand for premium handcrafted jewellery.  

2. Expansion of B2C presence through digital channels.  

3. Increasing preference for customised and bespoke jewellery.  

4. Wider geographical expansion across untapped domestic markets.

Threats

1. Gold price volatility may impact profitability margins.  

2. Import dependence amid evolving regulatory complexities.  

3. Seasonal demand intensity creates inventory management pressures.  

4. Mandatory hallmarking compliance increases operational obligations 

1. Strong heritage in handcrafted premium jewellery manufacturing.  

2. Diversified product range serving varied customer segments.  

3. Integrated manufacturing facility ensures quality and efficiency.  

4. Growing presence across key jewellery markets nationwide. 

Advit Jewels operates in India's growing organised jewellery market, benefiting from rising disposable incomes, increasing preference for branded jewellery, and strong demand for handcrafted designs. The company’s expertise in Kundan, Polki, diamond, and studded jewellery positions it well within the premium segment. Its integrated manufacturing capabilities, focus on quality, and pan-India presence support future expansion. Growing demand for customised jewellery and wider retail penetration provide significant long-term growth opportunities. 

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FAQs

Advit Jewels IPO opens from June 23, 2026, to June 25, 2026. 

The size of the Advit Jewels IPO is ₹165.16 Cr. 

The price band of Advit Jewels IPO is ₹130 to ₹138. 

To apply for Advit Jewels IPO, follow the steps given below: 

●    Login to your 5paisa demat account and select the issue in the current IPO section     

●    Enter the number of lots and the price at which you wish to apply for theAdvit Jewels. IPO.     

●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app. 

The minimum lot size of Advit Jewels IPO is 100 shares and minimum investment is ₹ 13,000. 

The share allotment date of Advit Jewels IPO is June 29, 2026 

The Advit Jewels IPO will likely be listed on July 1, 2026. 

Holani Consultants Pvt.Ltd. is the book running lead managers for Advit Jewels IPO. 

Advit Jewels IPO plans to utilise the raised capital from the IPO for: 

1. The Company will utilize ₹65 crore to fund incremental working capital requirements.  

2. It will allocate ₹65 crore towards repayment or prepayment of outstanding bank borrowings.  

3. The remaining proceeds will be used for general corporate purposes.