Advit Jewels IPO Opens for Subscription on June 23, 2026
Advit Jewels Limited, a Jaipur-based manufacturer of premium handcrafted jewellery, is set to launch its Initial Public Offering (IPO) on June 23, 2026. The company aims to raise approximately ?165.16 crore through a completely fresh issue of equity shares.
The IPO will remain open for subscription until June 25, 2026, while the basis of allotment is expected to be finalized on June 29, 2026. The shares are proposed to be listed on both NSE and BSE with a tentative listing date of July 1, 2026.
Advit Jewels IPO Details
- IPO Opening Date: June 23, 2026
- IPO Closing Date: June 25, 2026
- Issue Size: ?165.16 Crore
- Issue Type: Book Built Issue
- Fresh Issue: 1.20 Crore Equity Shares
- Price Band: ?130 - ?138 per Share
- Face Value: ?10 per Share
- Lot Size: 100 Shares
- Listing Exchange: NSE & BSE
- Tentative Listing Date: July 1, 2026
Minimum Investment Requirement
The minimum application size for retail investors is one lot consisting of 100 shares. At the upper price band of ?138, the minimum investment amount is ?13,800.
For Non-Institutional Investors (NIIs), the minimum investment requirement is higher based on the applicable lot categories.
About Advit Jewels Limited
Founded in 2019, Advit Jewels Limited specializes in designing and manufacturing handcrafted fine jewellery under its flagship brand Rambhajo. The company is known for its expertise in Kundan, Polki, Diamond, and Studded Jewellery, blending traditional craftsmanship with modern design aesthetics.
Its product portfolio includes necklaces, earrings, rings, bangles, and customized jewellery crafted using 14K and 18K gold along with diamonds and precious stones.
Business Model and Operations
The company primarily operates through a B2B model, supplying jewellery to dealers, retailers, and jewellery showrooms across India. It also serves select B2C customers through customized and made-to-order jewellery offerings.
Advit Jewels operates a modern manufacturing facility in Jaipur equipped with advanced machinery including 3D printing and casting units. The integrated setup allows the company to manage the entire production process in-house, from design development and gold melting to polishing and quality inspections.
Quality and Manufacturing Strength
The company maintains strict quality standards through a dedicated quality control team that inspects every product before dispatch. Each jewellery piece undergoes detailed checks for purity, finish, design accuracy, and craftsmanship.
Its skilled artisans combine traditional jewellery-making techniques with modern production technologies, enabling the company to deliver premium handcrafted jewellery to customers across India.
Pan-India Presence
Advit Jewels generates business from multiple states including Maharashtra, Gujarat, Rajasthan, Delhi, Haryana, Punjab, Telangana, Uttar Pradesh, and West Bengal. This diversified presence helps the company expand its customer base while reducing regional concentration risk.
Key Strengths of Advit Jewels
- Integrated manufacturing operations under one roof.
- Diversified jewellery portfolio catering to various customer segments.
- Strong quality control and operational processes.
- Experienced management team with industry expertise.
- Established brand recognition in handcrafted jewellery.
- Growing nationwide customer and dealer network.
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opens | June 23, 2026 |
| IPO Closes | June 25, 2026 |
| Allotment Finalization | June 29, 2026 |
| Refund Initiation | June 30, 2026 |
| Credit of Shares | June 30, 2026 |
| Listing Date | July 1, 2026 |
Lead Manager and Registrar
The IPO is managed by Holani Consultants Private Limited as the Book Running Lead Manager, while Bigshare Services Private Limited acts as the registrar to the issue.
Conclusion
Advit Jewels Limited enters the public market with a focus on expanding its presence in India's growing jewellery sector. Supported by a strong manufacturing setup, skilled craftsmanship, established brand identity, and nationwide business reach, the company aims to capitalize on future growth opportunities in the premium jewellery market.
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