Mumbai — Jaipur-based Advit Jewels Limited, a prominent player in the traditional and contemporary handcrafted jewellery segment, is poised to make its debut on the Indian stock market with an Initial Public Offering (IPO) scheduled to open on June 23, 2026. The company has set the price band at ₹130 to ₹138 per equity share of face value ₹10, with the issue closing on June 25, 2026. Investors can apply for a minimum of 100 shares and in multiples thereafter, as the firm aims to raise approximately ₹165 crore to fuel its expansion plans.
This move represents a significant milestone for Advit Jewels, which has built its reputation on exceptional craftsmanship rooted in India’s rich jewellery-making heritage. The company manufactures and markets a diverse range of products under its brand “Rambhajo’s,” specializing in Kundan, Polki, and diamond jewellery that blends timeless traditional designs with modern aesthetics. Operating from Jaipur’s renowned jewellery hub, Advit maintains a state-of-the-art manufacturing facility equipped with advanced technologies, including 3D printers, casting units, and precision polishing machines, enabling superior quality and efficiency.
According to the company, the IPO proceeds will primarily support working capital requirements, repayment of certain borrowings, and general corporate purposes. A company spokesperson emphasized the strategic importance of this public listing: “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.”
The timing of the IPO comes amid growing investor interest in the Indian jewellery sector, which continues to benefit from rising domestic demand, export potential, and increasing preference for branded, quality-assured products. Advit Jewels’ strong financial performance provides a solid foundation for the offering. 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, reflecting healthy operational scale and profitability in a competitive market.
Advit Jewels’ journey highlights the evolution of India’s jewellery industry, where family-rooted craftsmanship is increasingly integrating modern technology and professional management to meet both domestic and international expectations. By leveraging advanced manufacturing processes alongside traditional skills, the company has positioned itself to cater to a broad customer base seeking authenticity and innovation.
Industry analysts view the IPO as a positive development for the sector, potentially encouraging other mid-sized jewellery manufacturers to explore public capital markets for growth. The funds raised will enable Advit to enhance its production capacity, expand distribution networks, and strengthen brand visibility — key factors in sustaining long-term competitiveness amid evolving consumer preferences and digital transformation in retail.
For retail investors, the offering presents an opportunity to participate in a business deeply embedded in India’s cultural heritage while benefiting from its structured growth strategy. The company’s focus on quality craftsmanship combined with technological upgrades demonstrates a balanced approach that respects tradition while embracing modernity.
As the IPO opens next week, market participants will closely watch investor response, particularly given the jewellery sector’s resilience and growth potential in the post-pandemic economic landscape. Advit Jewels’ established track record, clear utilisation of proceeds, and strong financial metrics position it favourably as it transitions from a private manufacturer to a publicly listed entity.
This public listing not only marks a new chapter for Advit Jewels but also underscores the vibrancy of India’s entrepreneurial ecosystem in traditional industries. With its commitment to excellence in design and manufacturing, the company is well-placed to capitalise on expanding opportunities both within India and in global markets where Indian jewellery continues to enjoy strong demand.
The successful execution of the IPO could further boost confidence in sector-specific listings and contribute to the overall maturation of India’s jewellery industry. As investors evaluate the offer, Advit Jewels stands as an example of how heritage businesses can scale responsibly through access to public markets while preserving their core identity and craftsmanship values.
Looking ahead, the coming days will be crucial as the company engages with potential investors and prepares for its market debut. The IPO represents not just capital raising but a validation of Advit Jewels’ business model and its potential to create sustained value in the dynamic jewellery sector.
