Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Advit Jewels Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on September 30, 2025 to raise funds through Initial Public Offer (IPO).
Advit Jewels Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 1.38 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Holani Consultants Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Advit Jewels IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,38,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 1,38,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 3,20,10,000 shares |
| Share Holding Post Issue | 4,58,10,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Issue Size |
| Retail Shares Offered | Not less than 35% of the Issue Size |
| NII Shares Offered | Not less than 15% of the Issue Size |
Incorporated in 2019, Advit Jewels is a Jaipur-based jewellery company, specializing in handcrafted fine jewellery, with expertise in Kundan, Polki, Diamond and Studded pieces under the brand name "Rambhajo". It blend traditional techniques with modern designs to create unique pieces that are both timeless and contemporary.
Its product portfolio includes necklaces, earrings, rings, bangles and customized jewellery, crafted in 14K and 18K gold with diamonds and coloured stones.
The company primarily works on a B2B model, supplying dealers, showrooms and retailers, but also serve B2C customers for exclusive, made-to-order jewellery. Its jewellery is 100% handmade by skilled artisans trained over generations, ensuring every piece is a masterpiece. In FY 2025, it derived 81.63% of revenue from B2B segment and 18.37% is derived from B2C segment.
Manufacturing facility: It has a manufacturing unit in Jaipur (6,450 sq. ft.) is equipped with modern machines like 3D printers and casting units, allowing to handle the complete process in-house – from gold melting to polishing and quality checks. This ensures efficiency, security, and strict quality control. Customized or high-value orders are typically completed within 25–30 days.
The company maintains strong quality standards with a dedicated QC team that checks every detail including design, purity, finish, and dimensions before dispatch.
It has a PAN India presence with revenue generated from various states including Maharashtra, Haryana, Gujarat, Delhi, Punjab, Rajasthan, West Bengal, Uttar Pradesh, and Telangana.
Competitive Strengths
Advit Jewels Ltd.'s revenue increased by 80% and profit after tax (PAT) rose by 72% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 140.85 | 67.21 | 29.01 |
| Total Income | 124.94 | 69.45 | 46.60 |
| Profit After Tax | 25.37 | 14.71 | 10.39 |
| EBITDA | 37.15 | 18.95 | 12.77 |
| NET Worth | 58.13 | 32.80 | 18.08 |
| Reserves and Surplus | 58.12 | 32.79 | 18.07 |
| Total Borrowing | 74.80 | 19.70 | 5.84 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of our Company | 65.00 |
| 2 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Our Company from scheduled commercial banks | 65.00 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 55.79% |
| ROCE | 27.48% |
| Debt/Equity | 1.29 |
| RoNW | 43.64% |
| PAT Margin | 20.30% |
| EBITDA Margin | 29.73% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Advit Jewels IPO is a main-board IPO of 1,38,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Advit Jewels IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Advit Jewels IPO using UPI as a payment gateway. Zerodha customers can apply in Advit Jewels IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Advit Jewels IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Advit Jewels IPO dates are not announced. Please check back again after some time.
Advit Jewels IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Advit Jewels IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Advit Jewels IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Advit Jewels IPO allotment status.
The Advit Jewels IPO listing date is not yet announced. The tentative date of listing is .
