Advit Jewels IPO Listing: Rambhajo Jewellery Maker Debuts at Nearly 37 Percent Premium

Advit Jewels listed at Rs 188.90 on BSE, a 36.88% premium to its Rs 138 issue price. Opened at Rs 187 (+35.51%). IPO subscribed 212.63x.

The Advit Jewels IPO listing delivered a strong debut for investors, with the Jaipur based handcrafted jewellery maker’s shares opening at Rs 187 on the BSE, a premium of 35.51 percent over its issue price of Rs 138, before touching Rs 188.90, a gain of 36.88 percent, as trading got underway on Wednesday.

The strong Advit Jewels IPO listing meant investors who received allotment booked a profit of close to Rs 5,000 on every lot of 100 shares, capping off an issue that had drawn overwhelming demand through its three day bidding window.

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Why the Advit Jewels IPO Listing Was So Strong

The Rs 165.16 crore Advit Jewels IPO, comprising an entirely fresh issue of 1.20 crore equity shares with no offer for sale component, was subscribed a massive 212.63 times overall. This scale of oversubscription is a key reason the Advit Jewels IPO listing turned out so strong. The retail category was subscribed 95.30 times, the qualified institutional buyer category 174.98 times, and the non-institutional investor category an extraordinary 536.38 times, with the issue drawing more than 32 lakh applications in total. This is a key data point for anyone tracking the Advit Jewels IPO listing today.

This overwhelming demand was reflected in the grey market in the days leading up to the Advit Jewels IPO listing, with unofficial premiums climbing as high as Rs 91, or nearly 66 percent, shortly after the issue closed, before settling closer to Rs 49 to Rs 51 per share, or roughly 35 to 37 percent, just ahead of the actual debut.

Advit Jewels IPO Listing Details

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Ahead of the issue, Advit Jewels raised Rs 49.52 crore from anchor investors at Rs 138 per share on June 22, 2026, with 50 percent of those anchor shares locked in until July 29, 2026 and the remainder locked in until September 27, 2026. This anchor commitment set an encouraging tone ahead of the Advit Jewels IPO listing. Investors watching the Advit Jewels IPO listing should note this development closely.

About the Business Behind the Advit Jewels IPO Listing

Incorporated in 2019, Advit Jewels manufactures handcrafted fine jewellery under the “Rambhajo” brand, specialising in Kundan, Polki, diamond and studded pieces crafted in 14K and 18K gold. This heritage focused product mix is central to understanding the strength behind the Advit Jewels IPO listing. The company runs an in-house manufacturing unit spanning 6,450 square feet in Jaipur, equipped with 3D printers and casting units that let it manage the entire process from gold melting to final polishing and quality checks, with customised or high value orders typically completed within 25 to 30 days. This detail is central to the near term outlook on the Advit Jewels IPO listing.

Quick take: the strong Advit Jewels IPO listing reflects both robust institutional demand and a business with fast growing revenue and profit over the past three fiscal years.

The company operates primarily on a B2B model, supplying dealers, showrooms and retailers, which accounted for 81.63 percent of FY25 revenue, with the remaining 18.37 percent coming from B2C custom orders. Revenue grew to Rs 124.94 crore in FY25 from Rs 69.45 crore in FY24, while profit after tax rose to Rs 25.37 crore from Rs 14.71 crore over the same period, with return on net worth of 43.64 percent for FY25. This is likely to remain a talking point for the Advit Jewels IPO listing in coming sessions.

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Conclusion

The Advit Jewels IPO listing has rewarded investors handsomely, with the Rambhajo jewellery maker debuting close to 37 percent above its issue price on the back of massive oversubscription and a track record of strong revenue and profit growth. With the stock now trading in the open market, investors who held on through allotment will need to weigh the company’s premium valuation and its exposure to gold and diamond price volatility against its demonstrated execution capability before deciding on a longer term holding. This article is for educational purposes and is not investment advice; consult a SEBI-registered investment adviser before making any investment decision.

FAQs on Advit Jewels IPO Listing

1. At what price did Advit Jewels IPO list?

Ans. The Advit Jewels IPO listed at Rs 188.90 on the BSE, a premium of 36.88 percent to its issue price of Rs 138, after opening the session at Rs 187.

2. How much was the Advit Jewels IPO subscribed?

Ans. The IPO was subscribed 212.63 times overall, with the NII category leading at 536.38 times, QIB at 174.98 times, and retail at 95.30 times.

3. What business does Advit Jewels operate?

Ans. Advit Jewels manufactures handcrafted fine jewellery under the Rambhajo brand, specialising in Kundan, Polki, diamond and studded pieces, primarily supplying dealers, showrooms and retailers on a B2B model.

4. How much did Advit Jewels raise through its IPO?

Ans. Advit Jewels raised Rs 165.16 crore entirely through a fresh issue of 1.20 crore equity shares, with no offer for sale component.

5. How has Advit Jewels grown financially?

Ans. Advit Jewels’ revenue grew to Rs 124.94 crore in FY25 from Rs 69.45 crore in FY24, while profit after tax rose to Rs 25.37 crore from Rs 14.71 crore over the same period.

6. Where is Advit Jewels’ manufacturing facility located?

Ans. Advit Jewels operates an in-house manufacturing unit spanning 6,450 square feet in Jaipur, equipped with 3D printers and casting units for end to end jewellery production.