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  5. Advit Jewels IPO: 10 key points to consider before ₹165 crore offer opening on June 23

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Advit Jewels IPO: 10 key points to consider before ₹165 crore offer opening on June 23

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on June 22, 2026, 15:24 IST

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SUMMARY

The ₹165.16 crore initial public offering of Advit Jewels is exclusively a fresh issuance of 1.20 crore shares. There is no offer for sale component.

Advit Jewels Ltd is a manufacturer and seller of traditional and contemporary handcrafted fine jewellery. | Image: Instagram/@thehouseoframbhajos

Advit Jewels Ltd is a manufacturer and seller of traditional and contemporary handcrafted fine jewellery. | Image: Instagram/@thehouseoframbhajos

Advit Jewels IPO: The initial public offering of jewellery company Advit Jewels will hit the primary market on Tuesday, June 23. The price band has been fixed at ₹130 to ₹138 per share.

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The company's shares will hit the NSE and the BSE on July 1.

Advit Jewels IPO: 10 key points to know

  1. Advit Jewels IPO subscription period: The issue will be live from June 23 to June 25.
  2. Anchor investors' bidding: The anchor round bidding will occur on Monday, June 22.
  3. IPO offer structure: The ₹165.16 crore offer is exclusively a fresh issuance of 1.20 crore shares. There is no offer for sale component.
  4. Objectives: The money raised will be used for repayment of outstanding borrowings, working capital requirements and general corporate purposes.
  5. Advit Jewels IPO price band: The price range has been set at ₹130 to ₹138 per unit.
  6. Reservation: The company has kept aside half of the net issue for qualified institutional buyers (QIBs), 35% for retail individual investors, and 15% for non-institutional investors (NIIs).
  7. Advit Jewels IPO lot size: The least investment that a retail investor can make is 100 shares.
  8. Book-running lead manager and registrar: Holani Consultants is the issue's book-running lead manager, while Bigshare Services is the registrar.
  9. Advit Jewels IPO allotment and share credit date: The basis of allotment is expected to be finalised on June 29. Investors who have been allotted equity shares can expect them to be credited to their demat account on June 30, 2026. Refunds for non-allottees will be processed on the same day.
  10. Advit Jewels IPO listing date: The listing on the stock exchanges will take place on July 1.
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Advit Jewels IPO GMP

According to investorgain.com and media reports, Advit Jewels' unlisted shares were trading at ₹202 per share, reflecting a grey market premium (GMP) of 46.38% over the upper price band of ₹138.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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