June 15, 2026

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Big Bet In The Jewellery Sector : Advit Jewels Enters The Market To Raise ₹165 Crore.

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Mumbai, Maharashtra, 15th of June 2026 : Jaipur-based jewellery manufacturer Advit Jewels Limited is set to launch its Initial Public Offering (IPO) for investors on June 23, 2026. The company has fixed the price band at ₹130 to ₹138 per equity share of face value ₹10 each. The issue will close on June 25, 2026. Investors can bid for a minimum of 100 equity shares and thereafter in multiples of 100 shares.

According to the company, the funds raised through the IPO will be utilized for working capital requirements, repayment of certain borrowings, and general corporate purposes.

A company spokesperson said, “Our identity is rooted in the exceptional craftsmanship of traditional Kundan, Polki, and diamond jewellery. The capital raised through the IPO will accelerate our growth plans and further strengthen our market presence.”

Located in Jaipur’s renowned jewellery hub, Advit Jewels manufactures and markets traditional as well as contemporary handcrafted jewellery under its brand “Rambhajo’s.” The company operates a modern manufacturing facility equipped with advanced technologies, including 3D printers, casting units, and polishing machines. For the nine-month period ended December 31, 2025, the company reported revenue of ₹1,237.9 crore and a net profit of ₹254.4 crore.

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