POSTED BY:- Poonam S. Juthani
DT:-17/06/2026
9867490397

Key Highlights

• Price Band: ₹130 to ₹138 per equity share of face value ₹10 each.
• Bid/Offer Opening Date: Tuesday, June 23, 2026.
• Bid/Offer Closing Date: Thursday, June 25, 2026.
• Minimum Bid Lot: 100 equity shares and thereafter in multiples of 100 equity shares.

Mumbai, June 15, 2026: Advit Jewels Limited has fixed the price band of its Initial Public Offering (IPO) at ₹130 to ₹138 per equity share of face value ₹10 each.

The company’s IPO will open for subscription on Tuesday, June 23, 2026, and close on Thursday, June 25, 2026. Investors can bid for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter.

As of today, the company has a total of 33,842,000 outstanding equity shares of face value ₹10 each. The IPO consists of a fresh issue of 11,968,000 equity shares.

The proceeds from the fresh issue, amounting to approximately ₹65 crore, will be utilized for:

• Meeting the company’s increasing working capital requirements.
• Full or partial repayment/prepayment of certain outstanding borrowings amounting to ₹65 crore.
• General corporate purposes.

About the Company

Advit Jewels Limited is based in Jaipur, Rajasthan, widely recognized as India’s hub for gems and jewellery. The company manufactures and markets premium handcrafted traditional and contemporary jewellery, specializing in:

• Kundan jewellery
• Polki jewellery
• Diamond jewellery
• Gemstone-studded jewellery

The company operates under the brand name “Rambhajo.”

Through its expertise in craftsmanship and deep understanding of evolving customer preferences, the company combines traditional jewellery-making techniques with modern design aesthetics. As a result, its jewellery pieces are both timeless and contemporary.

The company’s products are created using age-old techniques while incorporating modern design elements, ensuring that each piece not only looks beautiful but also reflects rich cultural heritage. This approach produces jewellery that is elegant, meaningful, and appealing to both traditional and modern consumers.

Innovation and customization are among the company’s key strengths, enabling customers to create jewellery tailored to their specific preferences, cultural significance, and market trends.

From bridal collections to everyday luxury jewellery, the company serves a diverse customer base across the Indian market.

With a strong commitment to quality, authenticity, and customer satisfaction, the company ensures that every jewellery piece reflects:

• Fine craftsmanship
• Carefully selected materials
• Deep appreciation of heritage artistry

Its product portfolio includes:

• Necklaces
• Earrings
• Rings
• Bangles
• Customized jewellery

The company primarily works with:

• Gold
• Diamonds
• Colored gemstones

It is especially known for its expertise in Kundan and Polki jewellery.

By drawing inspiration from various artistic traditions across the world, the company develops new jewellery designs every day. Each design is unique and is not reproduced.

Based on customer preferences, products are designed in both:

• 14-karat gold
• 18-karat gold

The company primarily operates on a B2B (Business-to-Business) model, supplying jewellery to:

• Dealers
• Showrooms
• Jewellery retailers

It also serves B2C (Business-to-Consumer) customers through exclusive and made-to-order jewellery offerings.

Manufacturing Capacity and Infrastructure

The company’s manufacturing facility is located in Jaipur and operates from a leased premises with a built-up area of approximately 6,450 square feet.

The facility is managed entirely by the company and adheres to strict security standards. It is equipped with modern machinery, including:

• 3D printers
• Casting units
• Polishing machines

The facility is designed to handle the entire production chain under one roof, from processing raw gold to final finishing.

Driven by increasing production volumes and demand, the company has experienced steady growth over the years. Its flagship retail store is currently under construction in Jaipur, Rajasthan.

By centralizing manufacturing operations, the company aims to ensure:

• Operational efficiency
• Strict quality control
• Faster delivery timelines

The entire jewellery manufacturing process is carried out in-house, including:

• Melting
• Sheet and chain making
• Stone setting
• Polishing
• Quality inspection

A significant portion of the company’s workforce consists of skilled artisans, and every jewellery piece undergoes multiple levels of quality checks before reaching customers.

Financial Performance and Management

For the nine-month period ended December 31, 2025:

• Revenue from Operations: ₹1,237.9 crore
• Net Profit: ₹254.4 crore

IPO Management Details

• Book Running Lead Manager: Holani Consultants Private Limited
• Registrar to the Issue: Bigshare Services Private Limited

The IPO is being offered through the Book Building Process, wherein:

• Not more than 50% of the net offer will be allocated to Qualified Institutional Buyers (QIBs).
• Not less than 15% of the net offer will be allocated to Non-Institutional Bidders (NIBs).
• Not less than 35% of the net offer will be allocated to Retail Individual Bidders (RIBs).

This allocation structure is designed to ensure participation from institutional, non-institutional, and retail investors.