When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.

Advit Jewels Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Advit Jewels Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

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IPO Snapshot

Key metrics and details at a glance.

Price Band

₹138

Per Share

Lot Size

100 Shares

Minimum Investment

₹13,800

Issue Size

₹165.16 Cr

Face Value

₹10

Per Share

IPO Type

Book Building

Retail Quota

35%

QIB Quota

50%

NII Quota

15%

IPO Timeline

Important dates for your applying strategy.

IPO Opens23 Jun

IPO Closes25 Jun

Basis of Allotment29 Jun

Refund Initiation30 Jun

Shares Credited30 Jun

Advit Jewels Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

94.59%

Promoter Holding (Post-Issue)

69.88%

Issue Type

Book Building

ISIN

INE1SJO01012

About the Company

Our company is a manufacturer and seller of handcrafted fine jewellery, specializing in Kundan, Polki, Diamond and Studded pieces. Our brand name "Rambhajo" finds its roots in a jewellery business established in 1921 by Late Shri Kishan Gilara in Jaipur.

Company History

Our Company was incorporated in Jaipur, Rajasthan as "Advit Jewels Private Limited" a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated October 29, 2019 issued by Registrar of Companies, Central Registration Centre, Manesar. Thereafter, our Company was converted from a private limited company to a public limited company under the provisions of the Companies Act, 2013, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on April 16, 2025. Accordingly, upon conversion the name of our Company was changed to "Advit Jewels Limited" by deletion of the word `Private'. A fresh certificate of incorporation consequent upon conversion of our Company from private limited company to public limited company dated April 30, 2025, was issued by the Registrar of Companies, Central Processing Centre bearing Corporate Identification Number "U36910RJ2019PLC066804".

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures

Revenue GrowthProfit After Tax (PAT)Total Assets

Revenue

+141%vs FY24

Amount in ₹ crore

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offer of 1,19,68,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. 138 per equity share (including a share premium of Rs. 128 per equity share), aggregating to Rs. 165.16 Crores ("the Issue"). The issue will constitute 26.12% of the post issue paid up equity share capital of the company. The company has undertaken a pre-ipo placement of 18,32,000 equity shares of face value of Rs.10 each at a price of Rs. 125/- per equity share aggregating to Rs. 22.9 Crores. The size of the issue as disclosed in the draft red herring prospectus, aggregating up to 1,38,00,000 equity shares of face value of Rs.10/- each has been reduced by 18,32,000 equity shares of face value of Rs. 10/- each pursuant to the pre-ipo placement, subject to compliance with rule 19(2)(b) of the scrr, and accordingly, the issue is for an aggregate of up to 1,19,68,000 equity shares of face value of Rs. 10/- each. The pre ipo proceeds will be utilized in one of the objects of the issue i.e. General corporate purposes. Further, the pre-ipo placement has not exceeded 20% of the size of the issue. The company has appropriately intimated the subscribers to the pre-ipo placement that there is no guarantee that the company may proceed with the issue, or the issue may be successful and will result into listing of equity shares on the stock exchanges, and the investment is being made solely at the risk of the investor. Price Band: Rs. 138/- per equity share of face value of Rs. 10/- each. The floor price is 13.80 times of the face value. Bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

StrengthsRisk Factors

Organized Manufacturing Under One Roof.
Design and Innovation: Diversified Product Offering Across Customer Segments.
Robust Operational Systems and Risk Mitigation Framework.

Frequently Asked Questions

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.

Advit Jewels Ltd

Business model, operations, and market positioning.