Advit Jewels came to market through an IPO that opened on 23 June 2026 and closed on 25 June 2026, and the shares listed on 1 July 2026 on BSE, NSE. The price band was ₹130 to ₹138 per share and one lot was 100 shares, so the minimum application was ₹13,800. The issue size was ₹165.16 crore. The whole issue was fresh shares, so the money raised went to the company.
Bigshare Services Pvt.Ltd was the registrar to the issue, and Holani Consultants Pvt.Ltd was the lead manager.
As of 25 June 2026.
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Incorporated in 2019, Advit Jewels is a jewellery manufacturing company in Jaipur, which specializes in designing high-quality custom-made jewelry. This organization excels at creating fine jewelry with specialization in Kundan, Polki, Diamond and studded jewelry with the brand name Rambhajo. The product range offered by the company includes necklaces, earrings, rings, bracelets, and personalized jewelry using 14K and 18K gold along with diamonds and other colored gemstones.
It operates on the basis of both B2B, which sells to dealers, showrooms, and retailers; however, some sales are made to B2C customers for bespoke jewellery production. Jewellery made by the company is handcrafted by highly skilled jewellers whose skills were passed down through generations of artisans, thus creating a masterpiece in every product created. For FY 2025, 81.63% of revenue was earned from B2B segment while 18.37% was earned from B2C segment. Factory details:
It has a factory in Jaipur (6,450 sq. ft.), having advanced machinery, including 3D printers and casters, enabling us to carry out the entire process of jewellery making in house from gold melting to polishing and quality testing of the products. It helps to ensure quality and secure the product with maximum precision. Customized or highly valued jewellery is usually delivered after 25–30 days.
The company takes care of product quality with an experienced Quality Control team who test all aspects including the design, purity, finish, and dimension of the jewellery before dispatching it. It has a presence throughout India, generating revenue from states such as Maharashtra, Haryana, Gujarat, Delhi, Punjab, Rajasthan, West Bengal, Uttar Pradesh, and Telangana. Total number of employees as of April 30, 2026, is 111.
As described in the offer document.
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Advit Jewels Limited raised ₹49.52 crore from 4 anchor investors at ₹138 per share on June 22, 2026. Taurus Mutual Fund led the allocation at 30.65% across three schemes, followed by Holani Venture Capital Fund at 26.85%, Mint Focused Growth Fund at 21.60%, and Venus Stellar Fund at 20.90%.
Mr. Nitin Gilara, Mr. Prateek Gilara, Mr. Vipul Gilara, Mr. Krishna Vardhan Gilara. Promoter holding 94.59% before the issue and 69.88% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Advit Jewels IPO was a ₹165.16 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹130–₹138 per share with a lot size of 100 shares (₹13,800). The IPO was open from June 23 to June 25, 2026 and was subscribed 212.63x. Shares listed on BSE and NSE on July 1, 2026 at ₹188.90, a 36.9% premium to the issue price of ₹138. Bigshare Services Pvt. Ltd. is the registrar. Holani Consultants Pvt. Ltd.
is the book running lead manager.
The price band of Advit Jewels IPO is ₹130 to ₹138 per share.
The lot size of Advit Jewels IPO is 100 shares.
The minimum investment for Advit Jewels IPO is approximately ₹13,800 based on the upper price band.
The allotment date of Advit Jewels IPO is Jun 29, 2026.
Advit Jewels IPO's final recorded GMP before listing was ₹48 per share (a 35% premium over the ₹138 upper price band). The shares listed at ₹188.9. GMP is unofficial and does not forecast or guarantee the actual listing price.
Advit Jewels IPO listed on Jul 1, 2026. It was issued at ₹188.9(NSE) and is currently around ₹330.90 as on 2-Nov-2026 3:30 PM, which is approximately 139.8% versus issue price. The 52-week high is ₹406.80.
You can check Advit Jewels IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Advit Jewels IPO allotment status on Rupix for quick and easy access.
₹130 to ₹138 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 100 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹13,800.
₹13,800, for one lot of 100 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 23 June 2026 and closed on 25 June 2026.
The basis of allotment was published on 29 June 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 1 July 2026 on BSE, NSE.
The issue size was ₹165.16 crore. The fresh issue was 1,19,68,000 shares (aggregating up to ₹165.16 crore).