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
A força fundamental da empresa reflete-se em suas recentes divulgações financeiras. Para o período de nove meses encerrado em 31 de dezembro de 2025, a Advit Jewels reportou números robustos, com a receita operacional atingindo ₹1.237,9 crore. Mais impressionante ainda, a empresa registrou um lucro líquido de ₹254,4 crore durante o mesmo período, destacando suas margens sólidas e eficiência operacional no segmento de luxo.
A Holani Consultants está atuando como o gerente líder de coordenação da emissão, enquanto a Bigshare Services foi nomeada como a registradora.
Principais Destaques
- Janela do IPO: A emissão abre em 23 de junho e fecha em 25 de junho, com uma faixa de preço de ₹130–₹138 por ação.
- Objetivo de Capital: A empresa visa captar ~₹165 crore por meio de uma nova emissão de 1,19 crore de ações para financiar o capital de giro e o pagamento de dívidas.
- Força Financeira: A Advit Jewels reportou uma receita significativa de ₹1.237,9 crore e um lucro líquido de ₹254,4 crore para os nove meses encerrados em 31 de dezembro de 2025.