Advit Jewels Ltd.
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Overview
Advit Jewels Limited is a Jaipur-based manufacturer and seller of handcrafted fine jewellery under the heritage brand 'Rambhajo since 1921'. Advit Jewels Limited specializes in Kundan, Polki, diamond and studded jewellery, offering necklaces, earrings, rings, bangles and customised bridal and occasion-led pieces. The company largely serves B2B customers such as dealers, showrooms and jewellery retailers, while also catering to select B2C made-to-order demand. Its integrated manufacturing setup in Jaipur combines traditional artisan skills with modern equipment, supports in-house quality control, and helps the company manage design innovation, inventory breadth and timely fulfilment across multiple jewellery styles and customer segments.
Opening Date
Jun 23, 2026
Closing Date
Jun 25, 2026
Listing Date
Jul 01, 2026
IPO Type
Mainboard
IPO Status
Upcoming
Issue Size
—
Fresh Issue
0 Cr
Offer for Sale
0 Cr
Price Band
—
Lot Size
—
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
The main objectives of the issue are to strengthen Advit Jewels Limited's balance sheet and support the next phase of business expansion.
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Funding incremental working capital requirements of the company to support higher inventory holding of gold, diamond polki, coloured stones and finished jewellery, maintain a wider design portfolio, service larger order volumes from B2B customers, and sustain the working capital cycle arising from seasonal demand and customer credit terms.
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Repayment or prepayment, in full or in part, of certain outstanding working capital borrowings availed from scheduled commercial banks, which is expected to reduce debt servicing costs, improve the debt-equity profile, and free up internal accruals for future growth and operational flexibility.
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Meeting general corporate purposes, including strategic initiatives, brand building, funding growth opportunities, and addressing routine corporate and business requirements, subject to the regulatory cap on such utilisation.
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Supporting the company's broader growth strategy by improving financial flexibility for expansion into retail and franchise-led channels, strengthening procurement capability, and enabling timely deployment of funds across operating requirements and business development initiatives.
Key Performance Indicator
P/E Ratio
—
EPS
7.5
ROE
35.89%
ROCE
24.09%
RONW
30.41%
Debt to Equity Ratio
—
PAT Margin
20.55%
EBITDA Margin
29.63%
P/B
—
SWOT Analysis
Strengths
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Integrated Jaipur manufacturing facility combines traditional craftsmanship with modern production systems under one roof, supporting quality control, security and operational efficiency.
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Established heritage-led Rambhajo brand with roots tracing back to 1921 strengthens market credibility, customer trust and positioning in handcrafted Kundan and Polki jewellery.
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Strong design and customization capability with a large base of jewellery designs, enabling the company to serve varied B2B retailer requirements and premium made-to-order demand.
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Experienced promoter family and skilled artisan base support product development, procurement know-how, market relationships and execution across the jewellery value chain.
Weaknesses
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Business is highly working-capital intensive due to large investments in raw materials, finished inventory and receivables, which can pressure cash flows.
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Operations are exposed to volatility in gold and gemstone prices, which can affect procurement costs, inventory valuation and margin stability.
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Customer concentration is meaningful, with top 10 customers contributing a large share of sales, increasing dependence on a limited set of buyers.
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Capacity utilisation remains moderate relative to installed capacity, indicating dependence on continued demand scaling to improve asset efficiency.
Opportunities
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Expansion into B2C retail through the planned flagship store in Jaipur can diversify revenue mix and improve cash-based sales contribution.
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Planned franchise rollout across key metro and high-potential cities offers a route to scale brand reach without solely relying on wholesale channels.
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Rising demand for bridal, heritage and occasion jewellery in India can support continued growth in Kundan, Polki and handcrafted premium segments.
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Participation in jewellery exhibitions and growing digital and social media engagement can deepen customer acquisition, brand visibility and export opportunities.
Threats
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Intense competition from organised chains, unorganised jewellers, and digital-first jewellery sellers may increase pricing pressure and customer acquisition costs.
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Adverse regulatory changes, hallmarking requirements, tax changes, import duties or trade restrictions can affect sourcing economics and compliance costs.
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Any disruption in availability of skilled artisans, secure raw material sourcing, or manufacturing operations could delay fulfilment and hurt customer relationships.
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Macroeconomic slowdowns, fluctuations in discretionary spending, or reduced festive and wedding demand can negatively affect jewellery sales and inventory turnover.
Subscription Rate
Frequently Asked Questions about Advit Jewels Ltd.
Advit Jewels Limited is a Jaipur-based manufacturer and seller of handcrafted fine jewellery under the heritage brand 'Rambhajo since 1921'. Advit Jewels Limited specializes in Kundan, Polki, diamond and studded jewellery, offering necklaces, earrings, rings, bangles and customised bridal and occasion-led pieces. The company largely serves B2B customers such as dealers, showrooms and jewellery retailers, while also catering to select B2C made-to-order demand. Its integrated manufacturing setup in Jaipur combines traditional artisan skills with modern equipment, supports in-house quality control, and helps the company manage design innovation, inventory breadth and timely fulfilment across multiple jewellery styles and customer segments.
The Advit Jewels Ltd. IPO is scheduled to open for subscription on Jun 23, 2026 and close on Jun 25, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Advit Jewels Ltd. IPO is yet to be announced. Investors can place bids within this range once the issue opens.
The minimum lot size for the Advit Jewels Ltd. IPO is yet to be announced shares. The minimum investment amount will be known once the price band is finalized.
The total issue size of the Advit Jewels Ltd. IPO is will be disclosed closer to the issue opening. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Advit Jewels Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Advit Jewels Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Advit Jewels Ltd. are expected to list on stock exchanges on Jul 01, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Advit Jewels Ltd. IPO are proposed to be used for The main objectives of the issue are to strengthen Advit Jewels Limited's balance sheet and support the next phase of business expansion., Funding incremental working capital requirements of the company to support higher inventory holding of gold, diamond polki, coloured stones and finished jewellery, maintain a wider design portfolio, service larger order volumes from B2B customers, and sustain the working capital cycle arising from seasonal demand and customer credit terms., Repayment or prepayment, in full or in part, of certain outstanding working capital borrowings availed from scheduled commercial banks, which is expected to reduce debt servicing costs, improve the debt-equity profile, and free up internal accruals for future growth and operational flexibility., Meeting general corporate purposes, including strategic initiatives, brand building, funding growth opportunities, and addressing routine corporate and business requirements, subject to the regulatory cap on such utilisation., Supporting the company's broader growth strategy by improving financial flexibility for expansion into retail and franchise-led channels, strengthening procurement capability, and enabling timely deployment of funds across operating requirements and business development initiatives.
Before applying for the Advit Jewels Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
