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  1. Advit Jewels share price: Stock lists at 37% premium on NSE; here's how much investors made per lot

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Advit Jewels share price: Stock lists at 37% premium on NSE; here's how much investors made per lot

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

2 min read | Updated on July 01, 2026, 10:00 IST

SUMMARY

Advit Jewels share price: The initial share sale, with a price range of ₹130 to ₹138 per share, was solely a fresh issuance of 1.20 crore shares.

Jaipur-based Advit Jewels manufactures and sells traditional and contemporary handcrafted fine jewellery. | Image: Instagram/@thehouseoframbhajos

Jaipur-based Advit Jewels manufactures and sells traditional and contemporary handcrafted fine jewellery. | Image: Instagram/@thehouseoframbhajos

Advit Jewels shares made a robust debut on the stock exchanges on Wednesday, July 1, 2026.

The stock started trading at ₹188.90 per lot, reflecting a premium of 36.88% over the IPO issue price of ₹138 per share, on the National Stock Exchange (NSE).

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On the BSE, it was listed at ₹187, up 35.51% from the issue price.

Advit Jewels share price: Here's how much investors made per lot

A lot consisted of 100 shares. Investors who received Advit Jewels IPO allotment saw their investment value rise to ₹18,890 per lot.

The initial share sale, with a price range of ₹130 to ₹138 per share, was solely a fresh issuance of 1.20 crore shares.

Funds raised to the tune of ₹65 crore will be used for incremental working requirements of the company, while ₹65 will be allocated for repayment of certain outstanding borrowings. The remaining funds will be used for general corporate purposes.

The initial share sale was subscribed 212.63 times. It mobilised bids for 1,78,16,52,000 shares compared to 83,79,300 shares on offer, as per the BSE data.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers (QIBs)23,92,60041,86,47,500174.98
Non-Institutional Investors (NIIs)17,96,70096,37,11,700536.38
Retail Investors41,90,00039,92,92,80095.30
Total83,79,3001,78,16,52,000212.63

Prior to the issue, the firm secured ₹49.52 crore from anchor investors like Mint Focused Growth Fund PCC-Cell 1, Holani Venture Capital Fund-1, Taurus Mutual Fund and Venus Investment VCC Venus Stellar Fund.

Advit Jewels manufactures and sells contemporary and traditional handcrafted fine jewellery. Its products are sold under the 'Rambhajo' brand. The Jaipur-based company specialises in customised Polki, Kundan, diamond, and studded jewellery.

Its product portfolio includes earrings, rings, bangles, necklaces and customised jewellery, crafted in 18K and 14K gold with diamonds and coloured stones.

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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