Advit Jewels IPO
Price band
₹130 – ₹138
Lot size
100 shares
Min investment
₹13,800
Issue size
₹165.16 Cr
IPO schedule
| Open date | 23 Jun 2026 |
| Close date | 25 Jun 2026 |
| UPI mandate cut-off | 25 Jun 2026 |
| Allotment finalisation | 29 Jun 2026 |
| Refund initiation | 30 Jun 2026 |
| Shares credited to demat | 30 Jun 2026 |
| Listing date | 1 Jul 2026 |
| Mandate end date | 10 Jul 2026 |
| Anchor lock-in (50%) | 28 Jul 2026 |
| Anchor lock-in (remaining) | 26 Sept 2026 |
Grey Market Premium (GMP)
GMP is an unofficial, unregulated indicator and not a reliable predictor of listing price. Source: IPO Watch.
About Advit Jewels
Advit Jewels Limited is a Jaipur-based manufacturer and seller of handcrafted fine jewellery, specialising in Kundan, Polki, diamond and studded jewellery. The company markets its products under the “Rambhajo” brand, which traces its origins to a jewellery business established in 1921. Its product portfolio includes necklaces, earrings, rings, bangles, brooches, naths and customised jewellery pieces, ranging from bridal collections to everyday luxury jewellery made in 14-carat and 18-carat gold. The company primarily operates on a business-to-business (B2B) model, supplying dealers, showrooms and jewellery retailers, while also serving business-to-consumer (B2C) customers through exclusive made-to-order offerings. Advit Jewels manufactures its products at its Jaipur facility using a combination of traditional craftsmanship and modern technology, with key processes carried out in-house. Revenue is generated mainly from the sale of jewellery products across its wholesale and customised retail segments.
Strengths
- The company combines traditional craftsmanship with modern technology for in-house jewellery manufacturing.
- It offers a diversified range of jewellery across Antique, Bridal, Traditional, Contemporary and Fusion categories.
- Its centralised production model enables better quality control, security and cost management.
- The business serves both wholesale customers and customised retail buyers through a broad product portfolio.
- The company has strong operational controls, including secure sourcing, surveillance systems and comprehensive insurance coverage.
Risks
- The business is highly dependent on gold, diamond Polki and precious stone prices, which can fluctuate significantly.
- The company has a small workforce and has experienced significant employee attrition in recent years.
- Approval for recording the assignment of the “Rambhajo” trademark is pending, and registration of the “Advit” trademark is also pending.
- The company does not have long-term contracts with suppliers for key raw materials.
- Any disruption in the availability or supply of gold, diamonds and precious stones could adversely affect operations and profitability.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.