
Consumer Discretionary · NSE / BSE
Founded in 2019, Advit Jewels is a Jaipur-based jewellery company that specializes in handcrafted fine jewellery under the brand name “Rambhajo,” with expertise in Kundan, Polki, diamond, and studded designs. The company combines traditional craftsmanship with modern styles to create unique and elegant pieces, including necklaces, earrings, rings, bangles, and customized jewellery made in 14K and 18K gold with diamonds and coloured stones. It mainly operates on a B2B model, supplying dealers, retailers, and showrooms, while also catering to select B2C customers for made-to-order designs, with most of its revenue coming from the B2B segment. All jewellery is handmade by skilled artisans, ensuring high quality and detailed workmanship. The company has a manufacturing unit in Jaipur equipped with modern technology like 3D printers and casting machines, allowing full in-house production from raw material to final finishing, with custom orders usually completed within 25–30 days. With a strong focus on quality control and a dedicated QC team, Advit Jewels has built a presence across multiple states in India, including Maharashtra, Gujarat, Delhi, Rajasthan, and others.
Price Band
₹130 – ₹138
Issue Size
₹1196.80 L Cr
Lot Size
100 shares
GMP
+36.6%
Est. Listing
₹188.5
at current GMP
Subscribed
212.63x
overall
Open
23 Jun 2026
Close
25 Jun 2026
Allotment
29 Jun 2026
Refund
30 Jun 2026
Demat Credit
1 Jul 2026
Listing
1 Jul 2026
Last updated: 1 Jul 2026
Current Premium
Issue Price (Upper)
₹138
Band: ₹130 – ₹138
Estimated Listing Price
₹188.5
Upper price + GMP
Lot Size
100 shares
Min investment ₹13,800
Estimated Profit / Lot
₹5,050
100 × ₹50.5
Grey Market Premium trend
+₹50.5
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹50.5 | 36.6% | ₹188.5 |
| 26 Sep 2026 | +₹50.5 | 36.6% | ₹188.5 |
| 25 Sep 2026 | +₹45 | 32.9% | ₹183 |
GMP is unofficial market data. Not a guarantee of listing performance.
Advit Jewels Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹1,19,68,000 Crores. The shares are offered at a price band of ₹130 to ₹138 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-06-25, the basis of allotment is scheduled to be finalized on 2026-06-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Advit Jewels Limited IPO is ₹50.5, which indicates an expected listing price of ₹188.5.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.