For its first IPO, Advit Jewels Limited has set a price range of Rs 130 to Rs 138 per equity share with a face value of Rs 10.

The company’s initial public offering, also known as the IPO or Issue, will begin accepting subscriptions on Tuesday, June 23, 2026, and end on Thursday, June 25, 2026.

A minimum of 100 equity shares and subsequent multiples of 100 equity shares are available for purchase by investors.

As of right now, there are 3,38,42,000 outstanding equity shares, each worth Rs 10.

1,19,68,000 new equity shares are being issued as part of the IPO.

The company’s additional working capital needs will be funded by the Rs 65 crore in proceeds from its new issue, which will also be used for general corporate purposes and the full or partial repayment of some outstanding borrowings.

Located in Jaipur, Rajasthan, the center of India’s gemstone and jewelry industry, Advit Jewels is a manufacturer and retailer of both traditional and modern handcrafted fine jewelry, with a focus on Kundan, Polki, diamond, and studded pieces. Rambhajo is its brand name.

The company combines traditional techniques with modern designs to create jewelry that feels both timeless and relevant, thanks to its skill in craftsmanship and acute awareness of shifting consumer preferences. In order to ensure that each piece is not only exquisite but also reflects a rich cultural heritage, it combines modern design elements with traditional crafting methods. The end product is jewelry that is sophisticated, significant, and appealing to both traditional and contemporary tastes.

Offering customers the freedom to customize jewelry in accordance with particular preferences, cultural significance, and market trends, the company’s primary strengths are design innovation and customization. Its products, which range from everyday luxury items to bridal collections, serve a wide range of customers in Indian markets.

The company makes sure that every piece it produces reflects careful craftsmanship, carefully chosen materials, and a profound understanding of heritage artistry because it is committed to quality, authenticity, and customer satisfaction. Necklaces, earrings, rings, bangles, and personalized jewelry are among the products the company sells. It is renowned for its work in Kundan and Polki and works mostly with gold, diamonds, and colored stones.

Every day, the company innovates and designs by fusing various artistic media from around the globe. Each of its designs is distinct and never duplicated. Depending on the preferences of its clients, the company designs its products in both 14 and 18 carat gold. The business primarily serves dealers, showrooms, and jewelry retailers using a business-to-business (B2B) model. In addition, the business offers unique, custom-made items to B2C clients.

With a built-up area of 6,450 square feet, its manufacturing facility is situated in Jaipur and is run on leased space that is completely maintained by the business. The company’s facility is fully furnished with contemporary equipment, including 3D printers, casting units, and polishing machines, and it adheres to stringent safety regulations. From the processing of raw gold to the product’s final finishing, the company’s setup is made to manage the entire production cycle under one roof.

The company has been expanding over the years to meet rising product demand and volumes, and its flagship store in Jaipur is presently being built. Additionally, the company guarantees operational efficiency, strict quality control, and shorter lead times by centralizing the entire production process under one roof.

Every step of the company’s jewelry production process, including melting, sheet and chain manufacturing, stone setting, polishing, and quality control, is done internally. Skilled artisans make up a sizable portion of its workforce, and every piece is subjected to several levels of inspection.

For the nine months that ended on December 31, 2025, its operating revenue was Rs 123.79 crore, and its net profit was Rs 25.44 crore.

The offer is being made through the book-building process, with qualified institutional buyers receiving at least 50% of the net offer and non-institutional bidders receiving at least 15% and retail individual bidders receiving at least 35% of the net offer, respectively.

Priyanka Dutta