Advit Jewels Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹130 - ₹138
- Lot size
- 100 shares
- Issue amount
- ₹165.16 cr
- Total subscription
- 212.63×
- Opens
- 23 Jun 2026
- Closes
- 25 Jun 2026
- Allotment
- 29 Jun 2026
- Listing
- 1 Jul 2026
Offer at a glance
Issue overview
- Issue size
- 1,19,68,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,000
- Fresh issue
- ₹165.16 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹13,800
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,38,42,000
- Shares after issue
- 4,58,10,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 100 | ₹13,800 |
| sHNI | 15 | 1,500 | ₹2,07,000 |
| bHNI | 73 | 7,300 | ₹10,07,400 |
Share reservation
Subscription & GMP
Subscription by category
Reported 25 Jun 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 41,900 | 29,38,516 |
| HNIs(10L +) | 798 | 88,151 |
| HNIs (2-10L) | 399 | 1,87,532 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 33.02 | 5,777.34 |
| FIIs | 0 | 684.26 |
| FIs | 0 | 2,264.78 |
| Mutual Funds | 0 | 28.85 |
| Others | 0 | 2,799.44 |
| RETAIL | 57.82 | 5,510.24 |
| HNIs 2+ | 8.26 | 4,147.51 |
| HNIs 10+ | 16.52 | 9,151.72 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 7.95 | 7.92 | 4.6 | 3.25 |
| ROE | 35.89 | 55.79 | 57.82 | 80.51 |
| ROCE | 24.09 | 27.48 | 35.41 | 53.02 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 18.41 | 0 | 0 |
| POST IPO(PE) | 18.64 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Radhika Jeweltech Limited | 11.1 | 0 | 2.00 | 27.34 | 18.63 | 5.09 |
| RBZ Jewellers Limited | 12.86 | 0 | 10.00 | 61.26 | 15.83 | 9.70 |
| Bluestone Jewellery and Lifestyle Limited | 0 | 0 | 1.00 | 363.96 | -24.00 | -78.86 |
| Advit Jewels Limited | 18.41 | 0 | 10.00 | 18.16 | 43.64 | 7.92 |
Company information
Company profile
Founded in 2019, Advit Jewels is a Jaipur-based jewellery company that specializes in handcrafted fine jewellery under the brand name “Rambhajo,” with expertise in Kundan, Polki, diamond, and studded designs. The company combines traditional craftsmanship with modern styles to create unique and elegant pieces, including necklaces, earrings, rings, bangles, and customized jewellery made in 14K and 18K gold with diamonds and coloured stones. It mainly operates on a B2B model, supplying dealers, retailers, and showrooms, while also catering to select B2C customers for made-to-order designs, with most of its revenue coming from the B2B segment. All jewellery is handmade by skilled artisans, ensuring high quality and detailed workmanship. The company has a manufacturing unit in Jaipur equipped with modern technology like 3D printers and casting machines, allowing full in-house production from raw material to final finishing, with custom orders usually completed within 25–30 days. With a strong focus on quality control and a dedicated QC team, Advit Jewels has built a presence across multiple states in India, including Maharashtra, Gujarat, Delhi, Rajasthan, and others.
Strengths
- Strong Presence in Gold Jewellery: Company gold jewellery manufacturing ane trading ma active che, je India ma consistent demand vala sector ma aave che.
- Flexible Business Model: B2B ane wholesale channels sathe kaam kare che, je thi different customer segments cover thay che.
- Asset-Light Operations: Limited fixed assets sathe business chalta hoy, je thi scalability ane capital efficiency vadhe che.
Risk factors
- Low Margin Industry: Jewellery trading ma margins relatively thin hoy, je profitability ne limit kare che.
- Gold Price Volatility: Gold price ma fluctuation directly cost ane demand par asar kare che.
- High Competition: Organized ane local jewellers banne sathe tough competition hoy, je pricing pressure create kare che.
Promoters
Mr. Nitin Gilara
Mr. Prateek Gilara
Mr. Vipul Gilara
Mr. Krishna Vardhan Gilara
Registrar & documents
Lead manager
Holani Consultants Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Flat No. 301, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg C-Scheme, Jaipur, Rajasthan, 302001
+91 9216035990
[email protected]Company website ↗Understanding RAMBHAJO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.