How to Apply for the Advit Jewels IPO: Step-by-Step Investment Guide

    Summary:


    Advit Jewels Ltd is a Jaipur-based manufacturer of handcrafted fine jewellery under the “Rambhajo” brand, offering Kundan, Polki, Diamond and Studded jewellery products. The Advit Jewels IPO is scheduled to open on June 23, 2026, and close on June 25, 2026. The public issue comprises 1,19,68,000 equity shares with an issue size of up to ₹165.16 crore and a price band of ₹130 to ₹138 per share. The company intends to utilise the proceeds for working capital requirements, repayment or prepayment of certain borrowings, and general corporate purposes.

    Advit Jewels Ltd is engaged in the manufacturing and sale of handcrafted fine jewellery under the brand name “Rambhajo”. The company specialises in Kundan, Polki, Diamond and Studded jewellery and offers a product portfolio that includes necklaces, earrings, rings, bangles and customised jewellery. Its operations are supported by an integrated manufacturing facility in Jaipur, where various stages of production are carried out in-house. The company primarily serves dealers, retailers and jewellery showrooms, while also catering to individual customers seeking customised jewellery solutions. The company operates across multiple states in India and derives revenue from both business-to-business and business-to-consumer channels. Its jewellery is crafted using traditional techniques combined with contemporary design elements, allowing it to serve different customer preferences. With a legacy associated with the “Rambhajo” brand, the company continues to focus on handcrafted jewellery manufacturing, quality control processes and customer-specific product offerings within the organised jewellery sector.

    Investors interested in applying for the Advit Jewels Ltd IPO must have an active demat account, trading account and a bank account linked with their PAN. Applications can be submitted through the ASBA (Application Supported by Blocked Amount) facility offered by eligible banks or through an online trading platform provided by a registered stockbroker. To apply, investors can log in to their preferred banking or trading platform, navigate to the IPO section and select Advit Jewels Ltd IPO from the available public issues. Applicants must enter the required bid details, including the number of lots and bid price within the prescribed range, and then authorise the payment mandate. Upon successful submission, the application amount is blocked in the bank account until the completion of the allotment process. Investors may subsequently track their application and allotment status through the registrar’s platform using the relevant application details.

    For more details, visit the Advit Jewels IPO page.

    Advit Jewels IPO Details and Objectives

    Details

    Information

    IPO Date

    June 23, 2026 to June 25, 2026

    Issue Size

    1,19,68,000 shares (agg. up to ₹165.16 Cr)

    Price Band

    ₹130 to ₹138 per share 

    Lot Size

    100 shares

    Listing At

    BSE, NSE

    Purpose of the IPO

    • Funding incremental working capital requirements of the company

    • Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the company from scheduled commercial banks

    • General corporate purposes

    Timeline of Advit Jewels IPO

    Event

    Date

    IPO Open Date

    Tue, Jun 23, 2026 

    IPO Close Date

    Thu, Jun 25, 2026

    Tentative Allotment

    Mon, Jun 29, 2026 

    Initiation of Refunds

    Tue, Jun 30, 2026

    Credit of Shares to Demat

    Tue, Jun 30, 2026 

    Tentative Listing Date

    Wed, Jul 1, 2026

    Cut-off time for UPI mandate confirmation

    5 PM on Thu, Jun 25, 2026  

    Pricing & Lot Size of Advit Jewels IPO

    Price Band for the IPO

    • ₹130 to ₹138 per share

    Minimum Lot Size and Application Details

    Application

    Lots

    Shares

    Amount

    Retail (Min)

    1

    100

    ₹13,800

    Retail (Max)

    14

    1,400

    ₹1,93,200

    S-HNI (Min)

    15

    1,500

    ₹2,07,000

    S-HNI (Max)

    72

    7,200

    ₹9,93,600

    B-HNI (Min)

    73

    7,300

    ₹10,07,400

    Advit Jewels IPO Application Process

    The Advit Jewels IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:

    Step 1: Login to Your Trading Platform

    Access your trading account using the trading platform.

    Step 2: Navigate to the IPO Section

    Go to the IPO section to view active IPO listings.

    Step 3: Select the Open IPO and Click Apply

    Locate Advit Jewels IPO in the list of available IPOs and click the ‘Apply’ button.

    Step 4: Enter the Quantity of Shares You Wish to Apply For

    Specify the number of shares (lot size: 100 shares) at the price band of ₹130 to ₹138 per share.

    Step 5: Provide Your UPI ID

    Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.

    Step 6: Confirm the Application

    Review your application details and confirm the UPI mandate before 5 PM on the last application day.

    Step 7: Complete the Process and Wait for IPO Allotment Status

    Submit the application and monitor the allotment status to check if shares have been allocated to you.

    Shares Offered in Advit Jewels IPO

    The allocation of shares in the Advit Jewels IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.

    Investor Category

    Shares Offered

    % of Net Issue

    Max Allottees

    QIB Shares Offered

    59,81,300

    49.98%

    NA

      − Anchor Investor Shares Offered

    35,88,700

    29.99%

    NA

      − QIB (Ex. Anchor) Shares Offered

    23,92,600

    19.99%

    NA

    NII (HNI) Shares Offered

    17,96,700

    15.01%

    NA

      − bNII > ₹10L

    11,97,800

    10.01%

    798

      − sNII < ₹10L

    5,98,900

    5.00%

    399

    Retail Shares Offered

    41,90,000

    35.01%

    41,900

    Total Shares Offered

    1,19,68,000

    100.00%

    -

    This structure reflects the allocation approach as disclosed in the issue documents, indicating the proportion of shares available to each investor category.

    Financial Health and Performance

    Key Financial Metrics

    • Total Assets: Grew from ₹29.01 crore in FY23 to ₹140.85 crore as of March 2025.

    • Total Income: Recorded at ₹124.94 crore in March 2025, as compared to ₹46.60 crore in FY23.

    • Profit After Tax (PAT): Reported at ₹25.37 crore in March 2025, and ₹10.39 crore in FY23.

    • Net Worth: Recorded at ₹58.13 crore in March 2025 compared to ₹18.08 crore in FY23.

    • Reserves & Surplus: Stood at ₹58.12 crore in March 2025, as compared to ₹18.07 crore in FY23.

    • Total Borrowings: Stood at ₹74.80 crore in March 2025, as compared to ₹5.84 crore in FY23.

    • EBITDA: Stood at ₹37.15 crore in March 2025 in comparison to ₹12.77 crore in FY23.

    Recent Performance and Growth Prospects

    • The company has reported growth in its asset base over the reviewed period, reflecting an expansion in its scale of operations and business activities.

    • Revenue generation has increased during the period under review, indicating higher business volumes and broader market participation.

    • Profitability has strengthened, supported by growth in earnings from core operations and improved business performance.

    • The company’s net worth has expanded, reflecting the accumulation of profits and a stronger capital position.

    • Growth in reserves and surplus indicates retained earnings have contributed to strengthening the company’s financial foundation.

    • Operating performance has shown progress, with earnings from business operations increasing over the review period.

    • The company has also increased its borrowings to support business expansion and operational requirements.

    • Its established presence in the handcrafted jewellery segment, focus on customised offerings, and relationships with dealers and retailers may support business development initiatives.

    • Continued investment in manufacturing capabilities, product development, and quality control processes may help the company address evolving customer requirements across its target markets.

    • The company’s presence across multiple states provides access to a diversified customer base and supports its ongoing business activities.

    Investment Risks and Opportunities

    Potential Risks of Investing in the IPO

    • The company has reported an increase in borrowings over the review period. Its ability to manage debt obligations and working capital requirements may influence its financial position and operational activities.

    • The business is engaged in the jewellery sector, where operations can be affected by factors such as changes in consumer demand, fluctuations in raw material prices, and variations in market conditions that may impact business performance.

    Opportunities and Growth Potential

    • The company operates in the handcrafted fine jewellery segment and offers products across multiple categories, including Kundan, Polki, Diamond and Studded jewellery. Its presence in both B2B and B2C segments provides access to a diverse customer base.

    • The proposed utilisation of IPO proceeds towards working capital requirements and repayment or prepayment of certain borrowings may support business operations and financial management. In addition, its manufacturing capabilities, distribution network and presence across multiple states provide a platform for ongoing business activities.

    Key Performance Indicator (KPI)

    KPI

    Dec 31, 2025

    Mar 31, 2025

    ROE

    35.89%

    55.79%

    ROCE

    24.09%

    27.48%

    Debt/Equity

    -

    1.29

    RoNW

    30.41%

    43.64%

    PAT Margin

    20.55%

    20.30%

    EBITDA Margin

    29.63%

    29.73%

    Price to Book Value

    -

    7.60

    Advit Jewels IPO Registrar & Lead Managers

    Registrar

    Lead Manager(s)

    Bigshare Services Pvt. Ltd.

    Holani Consultants Pvt. Ltd. 

    Company Address of Advit Jewels Ltd

    Flat No. 301, Pearl Premier,

    Plot No. 4, Jamna Lal Bajaj Marg

    C-Scheme,

    Jaipur, Rajasthan, 302001

    Phone: +91 9216035990

    Email: cs@advitjewels.com

    Website: https://rambhajo.com/

    Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Advit Jewels IPO allotment status.

    Frequently Asked Questions

    Published Date : 15 Jun 2026

    Disclaimer :

    Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.


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    Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited



    This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

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