Advit Jewels is coming out with an initial public offering (IPO) to raise around Rs 165 crore. The issue will open on June 23, 2026 and will close on June 25, 2026. It has fixed a price band of Rs 130-138 per share.
Proceeds from the fresh issue to the tune of Rs 65 crore will be utilised by the company to support its working capital requirements, another Rs 65 crore will be used for payment of debt and the balance for general corporate purposes. To assist the public offering, Holani Consultants has been appointed as the book-running lead manager. The equity shares are proposed to be listed on BSE and NSE.
Advit Jewels is a manufacturer and seller of traditional and contemporary handcrafted fine jewellery, specialising in Kundan, Polki, diamond and studded pieces. Its brand name is Rambhajo.
