Advit Jewels Limited

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

by

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.

Check DRHP
Check IPO Allotment
Visit Official Website
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:

  • Established heritage brand ‘Rambhajo’ with strong expertise in Kundan and Polki jewellery.
  • Asset-light manufacturing with focus on high-margin handcrafted fine jewellery.
  • Growing demand for organised and branded traditional jewellery in India.
  • Diversified product portfolio across bridal, festive and customised jewellery.
  • Expansion potential from B2B strength to B2C retail and online channels.

Risks:

  • Limited operating history as the company was incorporated only in 2019.
  • High dependence on discretionary consumer spending and gold price volatility.
  • Intense competition from large, well-established jewellery brands.
  • Limited disclosure on market share and retail store scale.
  • Business performance sensitive to regional demand and fashion trends.

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

For more amazing blogs click here (IPO Corner).

facebookShare on Facebook
TwitterPost on X
FollowFollow us
PinterestSave

Leave a comment

RSS
Follow by Email
Facebook
X (Twitter)
Pinterest
Instagram
Telegram
WhatsApp