Kolkata, 15 June 2026: Advit Jewels Limited, a Jaipur-based manufacturer of premium handcrafted jewellery under the renowned Rambhajo brand, has announced the launch of its Initial Public Offering (IPO), which will open for subscription on Tuesday, June 23, 2026, and close on Thursday, June 25, 2026.
The company has fixed the IPO price band at ₹130 to ₹138 per equity share with a face value of ₹10 each. Investors can bid for a minimum of 100 equity shares and in multiples thereof.
The IPO consists entirely of a fresh issue of 1.19 crore equity shares, aiming to raise approximately ₹165 crore. The funds will be utilized for working capital requirements, repayment or prepayment of borrowings, and general corporate purposes.
A Legacy of Craftsmanship Meets Modern Innovation
Headquartered in Jaipur, the heart of India’s gemstone and jewellery industry, Advit Jewels specializes in Kundan, Polki, diamond, and studded jewellery, blending traditional artistry with contemporary designs. The company caters to both B2B and B2C segments, serving jewellery retailers, showrooms, dealers, and custom-order clients across India.
Known for its unique, non-repetitive designs, the company combines age-old craftsmanship with modern manufacturing technologies, including 3D printing, casting, and polishing systems, all housed within its integrated Jaipur production facility.
Strong Financial Performance
For the nine months ended December 31, 2025, Advit Jewels reported:
- Revenue from Operations: ₹123.79 crore
- Net Profit: ₹25.44 crore
The company continues to expand its footprint, with its flagship retail store in Jaipur currently under development.
IPO Highlights
- IPO Opens: June 23, 2026
- IPO Closes: June 25, 2026
- Price Band: ₹130 – ₹138 per share
- Lot Size: 100 shares
- Issue Type: Fresh Issue
- Lead Manager: Holani Consultants Private Limited
- Registrar: Bigshare Services Private Limited
With a strong heritage in jewellery craftsmanship, robust financial growth, and a focus on innovation, Advit Jewels’ maiden public issue is expected to attract significant investor interest in the luxury jewellery segment.
