Advit Jewels IPO

Listed Mainboard
Min Investment
₹13,800
100 Shares
Min Investment
₹13,800 · 100 Shares
Open Jun 23
Close Jun 25
Allotment Jun 29
Refund Jun 30
Listing Jul 01

Market Sentiment

+Rs 52
+37.7%
Est. Listing: Rs 190
Updated: Jun 29, 2026 4:04 pm
Subscription Status
QIB
174.98x
NII
536.38x
bNII (>10L)
553.65x
sNII (2-10L)
501.83x
Retail
95.30x
Total
212.63x
Updated: Jun 25, 2026 5:18 pm IST
Analysis Score 91 / 100
Strong Subscribe
Data: 80%
GMP Score 90
Subscription Score 100
Financial Health 76
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹130-138 per equity share
Face Value₹10 Per Equity Share
Lot Size 100 shares (Min ₹13,800)
Total Issue Size ₹165.16 crore
Fresh Share₹165.16 crore
Issue TypeBookbuilding Issue
Lead ManagerHolani Consultants Pvt. Ltd.
RegistrarBigshare Services Pvt. Ltd.
Listing atBoth
NSE Symbol
ISIN
Listing Price₹188.90
Listing Gain+36.88%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 100 ₹13,800
Retail Maximum 14 1,400 ₹1,93,200
S-HNI Minimum 15 1,500 ₹2,07,000
S-HNI Maximum 72 7,200 ₹9,93,600
B-HNI Minimum 73 7,300 ₹10,07,400
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB23,92,60028.55%
NII (HNI)17,96,70021.44%
bNII > ₹10L11,97,80014.29%
sNII < ₹10L5,98,9007.15%
Retail41,90,00050.00%
Anchor35,88,70042.83%
Total83,79,300100.00%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3
QIB 1.11x 1.56x 174.98x
NII 23.73x 121.16x 536.38x
bNII > ₹10L 17.30x 101.97x 553.65x
sNII 2-10L 36.60x 159.54x 501.83x
Retail 11.55x 35.46x 95.30x
Total 11.18x 44.16x 212.63x

Financial Analysis

Financial Data
EPS (Pre)
Rs 7.92
ROE
55.79%
ROCE
27.48%
RoNW
43.64%
EBITDA Margin
29.73%
Debt/Equity
1.29
NAV/Share
Rs 18.16
Revenue Growth
79.90%
Profit Margin
20.31%
Financial Performance
Metric 2023 2024 2025 Dec 2025
Revenue 46.60 69.45 124.94 123.80
Expense 34.08 51.66 94.24 93.05
Profit (PAT) 10.39 14.71 25.37 25.44
Total Assets 29.01 67.21 140.85 164.20
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV Income
Bluestone Jewellery and Lifestyle Limited -78.86 - -24.00 363.96 1,829.92 Cr
RBZ Jewellers Limited 9.70 14.32 15.83 61.26 530.75 Cr
Radhika Jeweltech Limited 11.63 16.34 18.63 27.34 647.67 Cr
Promoters & Holding Pattern

Promoters: Mr. Nitin Gilara, Mr. Prateek Gilara, Mr. Vipul Gilara and Mr. Krishna Vardhan Gilara

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 3,38,42,000 94.59%
Promoter Holding Post Issue 4,58,10,000 69.88%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 212.6x overall (so far).
  • Strong institutional (QIB) demand — 175.0x.
  • Revenue grew 80% in the latest reported year.
  • Solid profit margin — 20.3%.
  • Strong return on equity — 56%.
Risks & Concerns
  • Elevated leverage — debt/equity of 1.29.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Advit Jewels

Since its incorporation in 2019, Advit Jewels has been a leading Jewellery company that manufactures fine jewellery in Kundan, Polki, Diamond, and Studded pieces under the brand name Rambhajo. The firm incorporates traditional techniques with a mixture of modern designs to craft jewellery that is unique yet affordable. Its product portfolio consists of necklaces, earrings, rings, bangles, and customized jewellery in 14k and 18k gold build with diamonds and coloured stones. The firm operates its business in a B2B model, supplying to dealers, showrooms, and retailers, while serving B2C customers for exclusive jewellery. Moreover, its manufacturing facility is located in Jaipur (6,450 sq. ft.), fitted with modern machines like 3D printers and casting units.

Objects of the Issue
Purpose Amount (Cr)
Funding incremental working capital requirements of the Company 65.00
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Our Company from scheduled commercial banks 65.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
June 22, 2026
Shares Offered to Anchors
35,88,700
Lock-in End (30 Days, 50%)
July 23, 2026
Lock-in End (90 Days, 50%)
September 22, 2026
Company Contact Information

Advit Jewels Ltd., Flat No. 301, Pearl Premier,, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme,, Jaipur, Rajasthan, 302001

Advit Jewels IPO — Quick Take

Advit Jewels has set a price band of Rs 130–Rs 138 per share for an issue size of Rs 165 crore. The stock listed with a 36.88% gain versus its issue price on July 01, 2026.

Since its incorporation in 2019, Advit Jewels has been a leading Jewellery company that manufactures fine jewellery in Kundan, Polki, Diamond, and Studded pieces under the brand name Rambhajo. The firm incorporates traditional techniques with a mixture of modern designs to craft jewellery that is unique yet affordable.

The issue is promoted by Mr. Nitin Gilara, Mr. Prateek Gilara, Mr. Vipul Gilara and Mr. Krishna Vardhan Gilara with Holani Consultants Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding incremental working capital requirements of the Company (Rs 65 crore) and Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Our Company from scheduled comme… (Rs 65 crore).

Grey market is quoting a premium of +Rs 52 (+37.7% over issue price), down Rs 22 from the previous session. Final subscription data records overall subscription at 212.63x, retail at 95.30x, QIB at 174.98x, NII at 536.38x.

On fundamentals, the company is posting revenue growth of 79.9%, a profit margin of 20.3%, return on equity of 55.8% in its most recent reported period. Listed peers in this segment include RBZ Jewellers Limited (P/E 14.32x) and Radhika Jeweltech Limited (P/E 16.34x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Advit Jewels IPO is Rs 130 to Rs 138 per share. Face value is Rs 10 per share.

The total issue size of Advit Jewels IPO is Rs 165 crore, comprising fresh issue of Rs 165 crore.

Retail investors must apply for a minimum of 1 lot of 100 shares, requiring an investment of Rs 13,800. Maximum retail application is 14 lots (1400 shares, approx Rs 1,93,200).

Advit Jewels IPO opens for subscription on June 23, 2026 and closes on June 25, 2026. Anchor investor bidding is scheduled for June 22, 2026.

The expected allotment date for Advit Jewels IPO is June 29, 2026. Refunds for unsuccessful applicants are expected on June 30, 2026.

Advit Jewels IPO is scheduled to list on July 01, 2026 on both BSE and NSE. BSE script code: –, NSE symbol: –, ISIN: –.

The current GMP (Grey Market Premium) of Advit Jewels IPO is +Rs 52 (+37.7% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Advit Jewels IPO is currently subscribed 212.63 times overall — retail at 95.30x, QIB at 174.98x, NII at 536.38x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 95.30x for Advit Jewels IPO, the estimated retail allotment probability is approximately 1.2%. This is a low probability — approximately 1 out of every 100 retail applications may receive allotment.

The registrar for Advit Jewels IPO is Bigshare Services Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Advit Jewels IPO are Holani Consultants Pvt. Ltd..

The promoter(s) of Advit Jewels are Mr. Nitin Gilara, Mr. Prateek Gilara, Mr. Vipul Gilara and Mr. Krishna Vardhan Gilara.

Advit Jewels IPO GMP — What It Means

The latest grey market premium for Advit Jewels IPO is ₹52 (+37.7%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Advit Jewels it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Advit Jewels GMP history and trend, or learn how grey market premium works and how reliable it is.

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