Advit Jewels Ltd (MAINBOARD)

About Advit Jewels Ltd

Incorporated originally in 2019 as a private limited entity and later converted into a public limited company in 2025, Advit Jewels Limited is based in the prominent gemstone and jewelry hub of Jaipur, Rajasthan. The company operates under the well-known brand name 'Rambhajo' and specializes in the manufacturing and B2B wholesale distribution of fine handcrafted jewelry across India.

Business Verticals

• Traditional & Fine Jewelry: Specializing in fine, high-value artistic creations including Polki (uncut diamond), Kundan, and diamond-studded gold pieces.

• Handcrafted Fine Arts: Utilizing specialized, multi-generational artisan techniques to create 100% handmade legacy items alongside contemporary design lines.

• B2B Sourcing and Wholesale: Operating strictly within a volume-driven Business-to-Business (B2B) ecosystem, supplying large-scale retailers, brand houses, and national jewelry wholesalers.

Track Record

• Revenue Growth: Total income witnessed exceptional scalability, growing from ₹46.60 Cr in FY23 to ₹124.94 Cr in FY25, reporting a solid ₹123.80 Cr for the 9-month period ending December 31, 2025.

• Profitability: Net profit (PAT) grew strongly from ₹10.39 Cr in FY23 to ₹25.37 Cr in FY25, reaching ₹25.44 Cr during the period ending December 2025.

• Operational Setup: Operates a dedicated 6,450 sq. ft. central manufacturing unit in Jaipur with an active network footprint traversing over 9 major states across India.

Advit Jewels Ltd IPO GMP

As of June 11, 2026, the Grey Market Premium (GMP) is currently ₹0 since the price band hasn't been announced.

Note: As trading and base bidding price brackets open closer to the launch on June 23, grey market activities are expected to catch momentum inline with the company's strong PAT margins (~20.55%).

Advit Jewels Ltd IPO Allotment Status

The allotment is scheduled to be finalized on June 29, 2026.

Check Advit Jewels Allotment Status

To check your status online, visit: Bigshare Services IPO Portal

You can verify your status via:

• Registrar's website (Bigshare Services Private Limited)

• BSE and NSE official portals

• Using your PAN number or Application ID

Strengths

• Robust Financial Metrics: Boasts highly attractive capital return profiles with a Return on Net Worth (RoNW) of 43.64% and an EBITDA margin of 29.73% for FY25.

• Skilled Artisan Network: Strong backbone of specialized craftspeople expert in authentic heritage jewelry patterns like Polki and Kundan.

• Integrated Manufacturing Base: Centralized processing structure under one roof lowers delivery lifecycles and tightens physical quality controls.

Weaknesses

• Unannounced IPO Price: Key structural filters like price bands and lot sizes remain pending, leaving final baseline metrics up for public evaluation closer to launch.

• Leased Infrastructure Risks: The core manufacturing unit in Jaipur operates entirely on leased spaces, making production exposed to localized rental or relocation risks.

• Raw Material Price Fluctuations: Heavy business dependency on standard precious metals (gold, diamonds) exposes bottom-line numbers to commodity pricing shocks.

How the Company Will Use IPO Money

The fresh issue proceeds will be utilized for:

• Working Capital Requirements: Funding growing working capital layers for bulk raw gold and gem procurement (₹65.00 Cr).

• Debt Repayment: For the partial or full repayment/prepayment of outstanding credit lines availed from scheduled commercial banks (₹65.00 Cr).

• General Corporate Purposes: Allocation toward day-to-day general expansion and baseline public issue administration expenses.

Lead Manager & Registrar

• Lead Manager: Holani Consultants Private Limited

• Registrar: Bigshare Services Private Limited

  Phone: +91 22 6263 8200

  Email: ipo@bigshareonline.com