Advit Jewels Sets IPO Price Band at ₹130-138; Issue Opens June 23
Jaipur-based luxury jewellery manufacturer Advit Jewels has officially announced the price band for its upcoming Initial Public Offering (IPO). Operating under the popular "Rambhajo" brand, the company aims to leverage this capital infusion to strengthen its manufacturing capabilities and expand its retail footprint.
IPO Details and Subscription Timeline
Advit Jewels has fixed the price band for its public issue at ₹130 to ₹138 per equity share. The subscription window is scheduled to open on June 23 and will remain open for three days, closing on June 25.
The IPO is structured as a fresh issue of 1.19 crore equity shares. If investors bid at the upper price limit of ₹138, the company expects to raise approximately ₹165 crore. For retail and institutional investors, the minimum application size is set at 100 shares, with further bids allowed in multiples of this lot size.
Strategic Use of Proceeds
The company has outlined a clear roadmap for the capital raised through this public issue. The proceeds are earmarked for three primary objectives:
- Working Capital: Funding the day-to-day operational requirements of the jewellery business.
- Debt Management: Repayment or prepayment of existing borrowings to optimize the balance sheet.
- General Corporate Purposes: Supporting various growth initiatives and business expansions.
As part of its growth strategy, Advit Jewels is currently constructing a flagship retail store in Jaipur to meet the rising demand for its handcrafted collections.
Manufacturing Excellence and Business Model
Advit Jewels differentiates itself through a highly integrated manufacturing process. Operating from a 6,450-square-foot facility in Jaipur, the company utilizes advanced technology, including 3D printers, casting units, and polishing machines. This in-house capability allows the brand to manage the entire lifecycle of a piece—from raw gold melting and chain making to stone setting and final quality inspection.
Specializing in Kundan, Polki, diamond, and studded jewellery, the company caters to both B2B and B2C segments. Its product portfolio, which includes necklaces, earrings, rings, and bangles, focuses heavily on design innovation and customization to meet specific cultural and market trends.
Strong Financial Performance
同社のファンダメンタルな強みは、最近の財務開示に反映されています。2025年12月31日に終了した9ヶ月間において、Advit Jewelsは堅調な数字を報告しており、営業収益は123億7,900万ルピーに達しました。さらに特筆すべきは、同期間中に25億4,400万ルピーの純利益を記録したことであり、これはラグジュアリー部門における高い利益率と運営効率を裏付けています。
本案件のブックランニング・リードマネージャーはHolani Consultantsが務め、レジストラにはBigshare Servicesが任命されています。
主なポイント
- IPO期間: 公募期間は6月23日に開始し、6月25日に終了します。価格帯は1株あたり130〜138ルピーです。
- 資金調達の目的: 同社は、運転資金および負債の返済に充てるため、1,190万株の新株発行を通じて約165億ルピーの調達を目指しています。
- 財務の強み: Advit Jewelsは、2025年12月31日に終了した9ヶ月間で、123億7,900万ルピーの多額の収益と25億4,400万ルピーの純利益を報告しました。