Advit Jewels IPO to Open on June 23, Check Issue Size, Price Band, Dates and Key Details
Advit Jewels IPO will open for public subscription on June 23, 2026, and close on June 25, 2026. The Jaipur-based jewellery manufacturer has fixed the price band at ₹130 to ₹138 per share, with a minimum application size of 100 shares, requiring a minimum investment of ₹13,800. The IPO is entirely a fresh issue worth approximately ₹165.16 crore and is scheduled to list on both BSE and NSE on July 1, 2026.
For investors tracking upcoming mainboard IPOs, Advit Jewels is attracting attention due to its strong revenue growth, profitable operations, and established presence in the handcrafted jewellery segment.
Advit Jewels IPO at a Glance
| Particulars | Details |
|---|---|
| IPO Type | Mainboard Book-Build Issue |
| IPO Open Date | June 23, 2026 |
| IPO Close Date | June 25, 2026 |
| Price Band | ₹130 to ₹138 per share |
| Face Value | ₹10 per share |
| Issue Size | Approx. ₹165.16 crore |
| Fresh Issue | 1,19,68,000 equity shares |
| Offer for Sale | Nil |
| Lot Size | 100 shares |
| Minimum Investment | ₹13,800 |
| Allotment Date | June 29, 2026 |
| Refund Initiation | June 30, 2026 |
| Demat Credit | June 30, 2026 |
| Listing Date | July 1, 2026 |
| Listing Exchange | BSE & NSE |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Holani Consultants Pvt. Ltd. |
About Advit Jewels
Advit Jewels Limited is a Jaipur-based manufacturer and seller of handcrafted fine jewellery. The company specializes in traditional and contemporary jewellery categories, including:
- Kundan jewellery
- Polki jewellery
- Diamond jewellery
- Studded jewellery
- Bridal collections
- Custom-made jewellery
The company operates under the well-known Rambhajo heritage jewellery brand, whose roots date back to 1921. Its manufacturing operations primarily serve dealers, retailers, showrooms, and jewellery businesses across India while also catering to select direct consumers.
Advit Jewels IPO Issue Size
The IPO consists entirely of a fresh issue of 1,19,68,000 equity shares, aggregating approximately ₹165.16 crore at the upper end of the price band.
Notably, there is no Offer for Sale (OFS) component. This means the entire proceeds from the issue will go directly to the company rather than existing shareholders.
Important IPO Dates
| Event | Date |
|---|---|
| Anchor Investor Bidding | June 22, 2026 |
| IPO Opens | June 23, 2026 |
| IPO Closes | June 25, 2026 |
| Allotment Finalization | June 29, 2026 |
| Refunds | June 30, 2026 |
| Shares Credited to Demat | June 30, 2026 |
| Listing Date | July 1, 2026 |
Financial Performance
Advit Jewels has reported strong growth over the past few years.
Financial Highlights
| Financial Year | Revenue | Profit After Tax |
|---|---|---|
| FY23 | ₹46.60 crore | ₹10.39 crore |
| FY24 | ₹69.45 crore | ₹14.71 crore |
| FY25 | ₹124.94 crore | ₹25.37 crore |
The company nearly doubled its revenue between FY24 and FY25 while also delivering significant profit growth. Such growth indicates increasing demand for its jewellery products and expanding business operations.
Strengths of Advit Jewels
1. Established Heritage Brand
The Rambhajo brand has a long-standing legacy in the jewellery industry dating back over a century, helping build customer trust and market recognition.
2. Strong Revenue Growth
The company has delivered impressive revenue and profitability growth over the last three financial years.
3. Diversified Jewellery Portfolio
Its offerings span multiple jewellery categories, reducing dependence on a single product segment.
4. In-House Manufacturing
Advit Jewels operates a manufacturing facility in Jaipur that combines traditional craftsmanship with modern production technologies.
Risks Investors Should Consider
Like every IPO, Advit Jewels also carries certain risks:
- Dependence on gold and precious stone prices.
- Jewellery demand can fluctuate with economic conditions.
- High competition from organized and unorganized jewellery players.
- Business performance may be affected by changes in consumer spending patterns.
Investors should carefully review the company’s RHP and risk factors before making an investment decision.
Should You Apply for the Advit Jewels IPO?
Advit Jewels appears to be entering the market with:
- Strong financial growth
- A profitable business model
- An established jewellery brand
- A fresh issue structure that benefits company expansion
However, investors should assess valuation metrics, market sentiment, and their own risk tolerance before applying. Long-term investors may find the company’s growth trajectory worth monitoring.
Key Takeaways
- Advit Jewels IPO opens on June 23, 2026.
- Price band is fixed at ₹130-₹138 per share.
- Total issue size stands at ₹165.16 crore.
- The IPO is a 100% fresh issue.
- Minimum application size is 100 shares.
- Shares are expected to list on July 1, 2026.
- The company reported revenue of ₹124.94 crore and profit of ₹25.37 crore in FY25.
FAQs
Q. What is the Advit Jewels IPO open date?
The IPO opens for subscription on June 23, 2026, and closes on June 25, 2026.
Q. What is the price band of Advit Jewels IPO?
The price band has been fixed at ₹130 to ₹138 per share.
Q. What is the minimum investment required?
Retail investors need to apply for at least 100 shares, requiring a minimum investment of ₹13,800.
Q. What is the issue size of Advit Jewels IPO?
The IPO size is approximately ₹165.16 crore.
Q. When will Advit Jewels IPO list?
The shares are expected to be listed on BSE and NSE on July 1, 2026.
Disclaimer
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