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RAMBHAJO · NSE,BSE · Jewellery
Advit Jewels IPO listed on 01 Jul 2026 on NSE,BSE at ₹188.90, a gain of 36.88% over the issue price of ₹138.00. The IPO was subscribed 212.60x overall.
Advit Jewels IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 23 Jun 2026 |
| IPO Close Date | 25 Jun 2026 |
| Basis of Allotment | 29 Jun 2026 |
| Initiation of Refunds | 30 Jun 2026 |
| Credit of Shares to Demat | 30 Jun 2026 |
| Listing Date | 01 Jul 2026 |
Listing day gain
+36.88%
Listed at ₹188.9 (issue ₹138)
Issue
₹138
Listing
₹188.9
Current
₹179.46
+30.04% vs issue
Day range
₹178.15 – ₹192
Issue Size
11,968,000 shares
(aggregating up to ₹165.16 Cr)
Issue Price
₹130 – ₹138
Face Value
₹10/share
Market Lot
100 shares
Retail Min Investment
₹13,800
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
11,968,000 shares
(aggregating up to ₹165.16 Cr)
Offer for Sale
[.]
Issue Type
book building
Open Date
23 Jun
Close Date
25 Jun
Allotment
29 Jun
Listing
01 Jul
Last updated: 3 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 01 Jul 2026 Latest | ₹138 | ₹49.5 | ₹187.5 | ₹49.5 |
35.87%
|
12:55 AM |
| 30 Jun 2026 | ₹138 | ₹50.5 | ₹188.5 | ₹50.5 |
36.59%
|
3:09 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 25 Jun 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 174.98x |
| NII | 536.37x |
| bNII (bids above ₹10L) | 553.65x |
| sNII (bids below ₹10L) | 501.79x |
| Retail Investors | 95.24x |
| Total | 212.6x |
Showing the latest subscription snapshot.
View full subscription historyMr. Nitin Gilara, Mr. Prateek Gilara, Mr. Vipul Gilara and Mr. Krishna Vardhan Gilara are the promoters of the Company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹13,800 |
| Retail (Max) | 14 | 1,400 | ₹193,200 |
| S-HNI (Min) | 15 | 1,500 | ₹207,000 |
| S-HNI (Max) | 72 | 7,200 | ₹993,600 |
| B-HNI (Min) | 73 | 7,300 | ₹1,007,400 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 5,981,300 (49.98%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
2,392,600 (19.99%) |
|
•
Anchor Investor Shares Offered
|
3,588,700 (29.99%) |
| NII (HNI) Shares Offered | 1,796,700 (15.01%) |
|
•
bNII > ₹10L
|
1,197,800 (10.01%) |
|
•
sNII < ₹10L
|
598,900 (5.00%) |
| Retail Shares Offered | 4,190,000 (35.01%) |
| Total Shares Offered | 11,968,000 (100.00%) |
Incorporated in 2019, Advit Jewels Limited has quickly emerged as a prestigious manufacturer and retailer of handcrafted fine jewellery. Operating under its renowned brand name “Rambhajo,” the Jaipur-based company is celebrated for preserving India’s rich artistic heritage while infusing it with contemporary design. The enterprise specializes in high-end ethnic jewellery, particularly kundan, polki, and diamond-studded pieces crafted in 14K and 18K gold.
The operational core of Advit Jewels thrives within its 6,450 sq. ft. centralized manufacturing facility in Jaipur, Rajasthan. This integrated hub combines age-old artisanal techniques with modern technological advancements, such as 3D printing and laser systems, to ensure precision and quality across its diverse portfolio of necklaces, rings, and bangles. By maintaining strict control over the entire production cycle from gold melting to final polishing the company has built a robust B2B and B2C network that caters to elite clients and retailers across India.
Led by promoters Nitin Gilara, Prateek Gilara, and Vipul Gilara, the company has demonstrated stellar financial growth, with operational revenue jumping from ₹46.60 crore in Fiscal 2023 to ₹124.94 crore in Fiscal 2025.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 46.6 | 69.45 | 124.94 |
| Profit After Tax (PAT) | 10.39 | 14.71 | 25.37 |
| EBITDA | 12.77 | 18.95 | 37.15 |
| Total Assets | 29.01 | 67.21 | 140.85 |
| Net Worth | 18.08 | 32.8 | 58.13 |
| Reserves & Surplus | 18.07 | 32.79 | 58.12 |
| Total Borrowing | 5.84 | 19.7 | 74.8 |
Revenue & Profit Trend
The basis of allotment for Advit Jewels IPO was finalised on 29 Jun 2026. You can check your allotment status using your PAN number or application number on the Bigshare Services Private Limited portal or BSE.
The Advit Jewels IPO is expected to open in Jun 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Advit Jewels IPO is ₹130.00 - ₹138.00 per share.
As per market sources, Advit Jewels IPO GMP is currently ₹49.50. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Advit Jewels IPO stands at 212.60x overall.
The listing date for Advit Jewels IPO is 01 Jul 2026.
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