Advit Jewels IPO 2026: Price band, dates, GMP

What the company has announced

Advit Jewels, a Jaipur-based jewellery firm, has announced the price band for its upcoming initial public offering (IPO). The issue is positioned as a mainboard public offer and is scheduled to open next week. The IPO is set to open for subscription on June 23, 2026 and close on June 25, 2026. The company has also indicated that the shares are proposed to be listed on both the BSE and the NSE. The tentative listing date mentioned is July 1, 2026.

Price band, face value, and issue size

The Advit Jewels IPO price band has been fixed at ₹130 to ₹138 per share. The face value is ₹10 per equity share. At the upper end of the price band, the company is looking to raise ₹165.16 crore. The issue has been described as a book-built IPO. Multiple references in the provided information point to the same overall issue size of ₹165.16 crore.

Fresh issue structure and share count

The IPO is entirely a fresh issue, with no offer-for-sale (OFS) component. The fresh issue size is stated as 1,19,68,000 equity shares, which is also shown elsewhere as 11,968,000 shares. Because it is a fresh issue only, the funds raised (subject to final subscription and allocation) relate to newly issued equity shares rather than a secondary sale by existing shareholders. The structure matters for investors tracking dilution, post-issue share capital, and how proceeds are expected to flow into the company.

Key dates: anchor, issue window, allotment, listing

The IPO window is June 23 to June 25, 2026. Bidding for anchor investors is scheduled for June 22, 2026, according to the provided details. The allotment is expected to be finalised on June 29, 2026. The equity shares are slated to list on BSE and NSE on July 1, 2026. These dates define the sequence investors typically track from bidding to allotment to listing.

Lot size, minimum investment, and retail cap

Investors can apply in lots of 100 equity shares. At the upper price band of ₹138, the minimum application size of 1 lot translates to ₹13,800, which is explicitly stated in the provided data. The information also notes that retail investors can apply up to 14 lots, or 1,400 shares, with an application amount of ₹1,93,200. These figures help retail applicants understand the ticket size and how many applications can be placed within the allowed limit.

Grey market signals and what is being quoted

The provided information includes multiple references to grey market activity, which is unofficial and not part of the regulated IPO process. One line states that shares are trading at ₹80 above the upper end of the price band, implying a grey market price of ₹218 when the upper band is ₹138. Another line mentions a GMP of ₹91 (65.94%), presented as a reflection of investor sentiment. There is also a separate reference claiming that, on June 13, 2026, the GMP stood at ₹0, indicating no premium at that time. Given these differences, the only safe conclusion from the provided text is that grey market quotes have been reported at different levels across sources and dates.

Intermediaries and contact details disclosed

The registrar mentioned for the issue is Bigshare Services Pvt Ltd, with an email listed as ipo@bigshareonline.com and a phone number of +91-22-6263 8200. The IPO is also described in one place as being managed by Holani Consultants Pvt. Ltd. The company’s contact details provided include: +91 9216035990, cs@advitjewels.com, and an address at Flat No. 301, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme, Jaipur, Rajasthan - 302001. Website references appear in the provided data as advitjewels.com and also as rambhajo.com / http://www.rambhajo.com/.

Snapshot table of the disclosed IPO facts

Market impact: what investors are watching

For market participants, the key near-term variables are the subscription trend during June 23 to June 25 and the listing outcome on July 1. The issue size of ₹165.16 crore and the top-end price of ₹138 set the valuation and capital-raising context investors will assess against demand. Grey market references in the provided text include levels such as ₹218 (₹80 above the upper band) and a separate GMP figure of ₹91, but these are unofficial indicators and can change quickly. One source also cites an “estimated listing price” of ₹222, representing a potential gain of about 61% at the upper band, which again is presented as an estimate rather than a confirmed outcome. The clearest, verifiable decision points remain the official price band, dates, lot size, and listing schedule.

Why this IPO’s structure matters

Because the IPO is fully a fresh issue, it is structurally different from issues that include an OFS component. Investors who focus on proceeds flow typically note that a fresh issue implies new shares are being issued, which increases outstanding equity. The timeline is also tightly defined, with the anchor book on June 22 followed by the three-day subscription window. With listing planned on both BSE and NSE, the stock is expected to be accessible to a broad set of investors once it begins trading. For applicants, the lot size of 100 shares and the minimum ticket of ₹13,800 make the entry point explicit at the upper band.

Conclusion

Advit Jewels has set its IPO price band at ₹130 to ₹138 per share for a ₹165.16 crore fresh issue, opening June 23 and closing June 25, 2026. The anchor book is scheduled for June 22, allotment is expected on June 29, and listing is slated for July 1 on BSE and NSE. Investors will closely track subscription data during the issue window and the final listing outcome, while treating grey market quotes as unofficial signals that may vary by source and date.