Advit Jewels

Advit Jewels

UPCOMING

IPO Date: 23 Jun - 25 Jun 2026

Listing Date: 1 Jul 2026

Price Range

Rs.130 - Rs.138

Issue Size

165 Cr

Min Investment

₹13,000

Lot Size

100 Shares

View IPO Document

Schedule of Advit Jewels

Issue open date

23 Jun 2026

Issue close date

25 Jun 2026

UPI mandate deadline

25 Jun 2026 (5 PM)

Allotment finalization

29 Jun 2026

Share credit

30 Jun 2026

Listing date

1 Jul 2026

Mandate end date

10 Jul 2026

Issue size

Funds Raised in the IPOAmount
Overall165 Cr
Fresh Issue165.16 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date29 Jun 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
21 Jun 2026₹138₹64₹202 (46.38%)
20 Jun 2026₹138₹64₹202 (46.38%)
19 Jun 2026₹138₹53₹191 (38.41%)
18 Jun 2026₹138₹54₹192 (39.13%)
17 Jun 2026₹138₹57₹195 (41.3%)
16 Jun 2026₹138₹64₹202 (46.38%)
15 Jun 2026₹138₹80₹218 (57.97%)
14 Jun 2026₹138₹0₹138 (0%)
13 Jun 2026₹138₹0₹138 (0%)
12 Jun 2026₹138₹0₹138 (0%)
11 Jun 2026₹138₹0₹138 (0%)

Performance Advit Jewels

Issue PriceListing GainCurrent Market PriceP/L
Rs.130 - Rs.138............

About Advit Jewels

Advit Jewels Limited is engaged in the manufacturing and sale of handcrafted gold jewellery. The company specialises in Kundan, Polki, diamond-studded, and other fine jewellery products, catering primarily to dealers, showrooms, jewellery retailers, and select individual customers. Its product portfolio includes necklaces, earrings, rings, bangles, pendant sets, bracelets, and customised jewellery pieces made using gold, polki diamonds, and coloured stones. The company operates a manufacturing facility in Jaipur, Rajasthan, with a built-up area of approximately 6,450 sq. ft. on leased premises. The facility is equipped with machinery such as 3D printers, casting units, and polishing machines, enabling the company to undertake the entire jewellery production process in-house, from raw material processing to final finishing. Advit Jewels also operates under the “Rambhajo” brand and has a display centre in Jaipur for showcasing its jewellery designs and products.

Founded in2019
Managing directorMr Nitin Gilara
Parent organization

Financial Overview

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.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)N/A
Retail Individual Investors (RIIs)N/A
EmployeeN/A
TotalN/A