Advit Jewels Limited IPO: GMP today, Price, Review, Detail

Advit Jewels Limited is a Jaipur-based manufacturer and seller of handcrafted fine jewellery, specialising in Kundan, Polki, diamond and other studded jewellery under its brand Rambhajo, supplying both B2B and expanding into B2C markets.

It currently operates with a pan-India presence and is expanding its B2C footprint with a flagship store in Jaipur while primarily serving B2B dealers nationwide.

Advit Jewels has filed DRHP with SEBI for IPO with an issue size of 1.38 Crore equity shares consisting completely as Fresh Issue of 1.38 Crore equity shares and no Offer for Sale (OFS).

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Issue Size:1.38 Crore Equity Shares
Fresh Issue:1.38 Crore Equity Shares
Offer for Sale:0 Equity Shares
Price Range:TBA
Lot Size:TBA

Advit Jewels Limited important data points


Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 58.1 Cr
Revenue:₹ 124.9 Cr
EBITDA₹ 37.1 Cr
PAT₹ 25.4 Cr
EBITDA Margin:~29.73%
PAT Margin~20.30%
Face Value:Rs. 10 per Equity Share

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Borrowing payment~ ₹ 65 Cr
Working Capital Requirement~ ₹ 65 Cr
Technology & Infrastructure~ ₹ 0 Cr
Subsidiary Investment~ ₹ 0 Cr
General Corporate PurposeBalance

Advit Jewels Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 46.6₹ 69.4₹ 124.9
Gross Profit (₹ Cr)₹ 10.4₹ 14.7₹ 25.4
Asset (₹ Cr)₹ 29.0₹ 67.2₹ 140.9
Net Worth (₹ Cr)₹ 18.1₹ 32.8₹ 58.1

Advit Jewels IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
25-Jan₹ –₹ –₹ –
24-Jan₹ –₹ –₹ –
23-Jan₹ –₹ –₹ –
22-Jan₹ –₹ –₹ –
21-Jan₹ –₹ –₹ –
20-Jan₹ –₹ –₹ –

Advit Jewels Limited

Advit Jewels Limited IPO Pros & Cons

Strengths:

Risks:

Advit Jewels Limited Promoters – Pre offer equity (Approx)

Mr. Nitin Gilara~24.90%
Mr. Prateek Gilara~24.90%
Mr. Vipul Gilara~24.90%
Mr. Krishna Vardhan Gilara~25%

Advit Jewels Limited Lot Size details

Application TypeLot SizeNo. of LotsNo. of SharesInvestment Amount
Retail(Min)1₹ –
Retail (Max)13₹ –
Small HNI (Min)14₹ –
Small HNI (Max)66₹ –
Big HNI (Min)67₹ –

Lead Managers / Registrars of Advit Jewels Limited 

Lead / Book Running Lead ManagersHolani Consultants Private Limited
Registrar (RTA)Bigshare Services Private Limited

Founding Year of Advit Jewels Limited & Managing Director

Advit Jewels Limited was incorporated in the year 2019.

Mr. Nitin Gilara is Chairman & Managing Director of the company.

Advit Jewels Limited FAQ

  • It manufactures and sells traditional and contemporary handcrafted fine jewellery (Kundan, Polki, diamond and studded pieces) under the Rambhajo brand from Jaipur.
  • Advit Jewels is raising fund via IPO for incremental working capital requirements, repay borrowings, and to strengthen balance sheet.
  • The issue size of the IPO is a fresh issue of up to 1.38 crore equity shares. It will be listed on the BSE & NSE platform.
  • Risks to invest in the IPO is it’s dependence on discretionary jewellery demand, gold price volatility, and strong competition from larger organised players.
  • Positive sides of the company is its strong growth in branded jewellery demand, artisanal craftsmanship appeal, and expansion from B2B into consumer retail channels.
  • You can apply for the IPO through ASBA via your demat broker, bank app or trading platform by selecting the Advit Jewels IPO when the subscription window opens.
  • Expected listing date is yet to be announced.

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