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

회사의 근본적인 경쟁력은 최근 재무 공시를 통해 잘 드러나고 있습니다. 2025년 12월 31일로 종료된 9개월간, Advit Jewels는 영업 수익이 1,237.9억 루피(₹)에 달하는 견조한 실적을 보고했습니다. 더욱 인상적인 점은 같은 기간 동안 254.4억 루피(₹)의 순이익을 기록했다는 것이며, 이는 럭셔리 부문에서의 강력한 마진과 운영 효율성을 입증합니다.

Holani Consultants가 이번 발행의 주관사를 맡고 있으며, Bigshare Services가 명부 관리 대행기관(registrar)으로 지정되었습니다.

핵심 요약

  • IPO 일정: 청약은 6월 23일에 시작하여 6월 25일에 마감되며, 공모가 범위는 주당 ₹130–₹138입니다.
  • 자금 조달 목표: 회사는 운전 자금 및 부채 상환을 위해 1,190만 주의 신주 발행을 통해 약 165억 루피(₹)를 조달하는 것을 목표로 하고 있습니다.
  • 재무 건전성: Advit Jewels는 2025년 12월 31일로 종료된 9개월 동안 1,237.9억 루피(₹)의 상당한 매출과 254.4억 루피(₹)의 순이익을 기록했습니다.