The ₹165.16 crore Advit Jewels IPO has attracted significant investor attention due to its strong financial growth, established heritage brand "Rambhajo," healthy profitability, and robust Grey Market Premium (GMP). With the issue opening on June 23, 2026, investors are closely tracking whether the IPO can deliver substantial listing gains. Advit Jewels IPO GMP and Potential Listing The grey market premium (GMP) of Advit Jewels IPO stood at approximately ₹64 on June 23, according to market sources. Based on the upper price band of ₹138 per share, the estimated listing price works out to around ₹202, indicating a potential premium of 46.38%. While a strong GMP reflects positive market sentiment towards the issue, investors should note that grey market trading is unofficial and unregulated. GMP should be considered only as one of several factors while evaluating an IPO. Know more about Advit Jewels IPO Advit Jewels Reports Strong Financial Growth Advit Jewels has demonstrated significant growth in revenue, profitability, and net worth over the last three financial years. Advit Jewels IPO Financial Performance (₹ Crore) Particulars Dec 2025 FY25 FY24 FY23 Assets 164.20 140.85 67.21 29.01 Revenue 123.80 124.94 69.45 46.60 EBITDA 36.68 37.15 18.95 12.77 Profit After Tax 25.44 25.37 14.71 10.39 Net Worth 83.65 58.13 32.80 18.08 The company's revenue increased by nearly 80% from ₹69.45 crore in FY24 to ₹124.94 crore in FY25. During the same period, profit after tax grew from ₹14.71 crore to ₹25.37 crore, highlighting the company's ability to scale operations while maintaining profitability. The asset base also expanded substantially, rising from ₹29.01 crore in FY23 to ₹140.85 crore in FY25, reflecting business growth and increased operational capacity. Advit Jewels KPIs Advit Jewels has maintained strong margins and return ratios, indicating efficient utilization of capital and healthy operational performance. Key Performance Indicators KPI Dec 2025 FY25 ROE 35.89% 55.79% ROCE 24.09% 27.48% RoNW 30.41% 43.64% PAT Margin 20.55% 20.30% EBITDA Margin 29.63% 29.73% The company reported an EBITDA margin of nearly 30% and a PAT margin above 20%, reflecting strong profitability compared to many businesses in the jewellery manufacturing segment. Advit Jewels IPO Valuation at the Upper Price Band At the upper price band of ₹138 per share, Advit Jewels is valued at a post-issue market capitalization of approximately ₹632.18 crore. Valuation Metrics Particulars Value EPS (Pre-IPO) ₹7.50 EPS (Post-IPO) ₹7.41 P/E Ratio 18.64x Price to Book Value 7.60x Market Capitalization ₹632.18 Crore The IPO is priced at a post-issue P/E multiple of 18.64x, while the company's strong earnings growth and profitability metrics may be considered by investors while assessing the valuation. Advit Jewels IPO Objects of the Issue The IPO consists entirely of a fresh issue, with no offer-for-sale component. The company intends to utilise the proceeds for strengthening its business operations and financial position. Objects of the Issue Funding incremental working capital requirements. Repayment or prepayment of certain outstanding borrowings. General corporate purposes. The proposed debt repayment is expected to reduce finance costs, while additional working capital may support future business growth. Advit Jewels IPO Anchor Investors Ahead of the public issue, Advit Jewels raised ₹49.52 crore through its anchor book. The company allotted 35.88 lakh shares to anchor investors at ₹138 per share. Notable anchor investors include: Holani Venture Capital Fund-I Mint Focused Growth Fund PCC – Cell 1 Taurus Mutual Fund Venus Investment VCC – Venus Stellar Fund The participation of institutional investors in the anchor round reflects interest from professional investors before the IPO opening. Advit Jewels Promoters Advit Jewels's promoters: Nitin Gilara Prateek Gilara Vipul Gilara Krishna Vardhan Gilara Following the issue, promoter shareholding is expected to reduce from 94.59% to 69.88%, while the promoters will continue to retain majority ownership and management control.
Advit Jewels IPO GMP and Potential Listing The grey market premium (GMP) of Advit Jewels IPO stood at approximately ₹64 on June 23, according to market sources. Based on the upper price band of ₹138 per share, the estimated listing price works out to around ₹202, indicating a potential premium of 46.38%. While a strong GMP reflects positive market sentiment towards the issue, investors should note that grey market trading is unofficial and unregulated. GMP should be considered only as one of several factors while evaluating an IPO. Know more about Advit Jewels IPO Advit Jewels Reports Strong Financial Growth Advit Jewels has demonstrated significant growth in revenue, profitability, and net worth over the last three financial years. Advit Jewels IPO Financial Performance (₹ Crore) Particulars Dec 2025 FY25 FY24 FY23 Assets 164.20 140.85 67.21 29.01 Revenue 123.80 124.94 69.45 46.60 EBITDA 36.68 37.15 18.95 12.77 Profit After Tax 25.44 25.37 14.71 10.39 Net Worth 83.65 58.13 32.80 18.08 The company's revenue increased by nearly 80% from ₹69.45 crore in FY24 to ₹124.94 crore in FY25. During the same period, profit after tax grew from ₹14.71 crore to ₹25.37 crore, highlighting the company's ability to scale operations while maintaining profitability. The asset base also expanded substantially, rising from ₹29.01 crore in FY23 to ₹140.85 crore in FY25, reflecting business growth and increased operational capacity. Advit Jewels KPIs Advit Jewels has maintained strong margins and return ratios, indicating efficient utilization of capital and healthy operational performance. Key Performance Indicators KPI Dec 2025 FY25 ROE 35.89% 55.79% ROCE 24.09% 27.48% RoNW 30.41% 43.64% PAT Margin 20.55% 20.30% EBITDA Margin 29.63% 29.73% The company reported an EBITDA margin of nearly 30% and a PAT margin above 20%, reflecting strong profitability compared to many businesses in the jewellery manufacturing segment. Advit Jewels IPO Valuation at the Upper Price Band At the upper price band of ₹138 per share, Advit Jewels is valued at a post-issue market capitalization of approximately ₹632.18 crore. Valuation Metrics Particulars Value EPS (Pre-IPO) ₹7.50 EPS (Post-IPO) ₹7.41 P/E Ratio 18.64x Price to Book Value 7.60x Market Capitalization ₹632.18 Crore The IPO is priced at a post-issue P/E multiple of 18.64x, while the company's strong earnings growth and profitability metrics may be considered by investors while assessing the valuation. Advit Jewels IPO Objects of the Issue The IPO consists entirely of a fresh issue, with no offer-for-sale component. The company intends to utilise the proceeds for strengthening its business operations and financial position. Objects of the Issue Funding incremental working capital requirements. Repayment or prepayment of certain outstanding borrowings. General corporate purposes. The proposed debt repayment is expected to reduce finance costs, while additional working capital may support future business growth. Advit Jewels IPO Anchor Investors Ahead of the public issue, Advit Jewels raised ₹49.52 crore through its anchor book. The company allotted 35.88 lakh shares to anchor investors at ₹138 per share. Notable anchor investors include: Holani Venture Capital Fund-I Mint Focused Growth Fund PCC – Cell 1 Taurus Mutual Fund Venus Investment VCC – Venus Stellar Fund The participation of institutional investors in the anchor round reflects interest from professional investors before the IPO opening. Advit Jewels Promoters Advit Jewels's promoters: Nitin Gilara Prateek Gilara Vipul Gilara Krishna Vardhan Gilara Following the issue, promoter shareholding is expected to reduce from 94.59% to 69.88%, while the promoters will continue to retain majority ownership and management control.
Advit Jewels IPO GMP and Potential Listing
The grey market premium (GMP) of Advit Jewels IPO stood at approximately ₹64 on June 23, according to market sources. Based on the upper price band of ₹138 per share, the estimated listing price works out to around ₹202, indicating a potential premium of 46.38%.
While a strong GMP reflects positive market sentiment towards the issue, investors should note that grey market trading is unofficial and unregulated. GMP should be considered only as one of several factors while evaluating an IPO.
Know more about Advit Jewels IPO Advit Jewels Reports Strong Financial Growth Advit Jewels has demonstrated significant growth in revenue, profitability, and net worth over the last three financial years. Advit Jewels IPO Financial Performance (₹ Crore) Particulars Dec 2025 FY25 FY24 FY23 Assets 164.20 140.85 67.21 29.01 Revenue 123.80 124.94 69.45 46.60 EBITDA 36.68 37.15 18.95 12.77 Profit After Tax 25.44 25.37 14.71 10.39 Net Worth 83.65 58.13 32.80 18.08 The company's revenue increased by nearly 80% from ₹69.45 crore in FY24 to ₹124.94 crore in FY25. During the same period, profit after tax grew from ₹14.71 crore to ₹25.37 crore, highlighting the company's ability to scale operations while maintaining profitability. The asset base also expanded substantially, rising from ₹29.01 crore in FY23 to ₹140.85 crore in FY25, reflecting business growth and increased operational capacity. Advit Jewels KPIs Advit Jewels has maintained strong margins and return ratios, indicating efficient utilization of capital and healthy operational performance. Key Performance Indicators KPI Dec 2025 FY25 ROE 35.89% 55.79% ROCE 24.09% 27.48% RoNW 30.41% 43.64% PAT Margin 20.55% 20.30% EBITDA Margin 29.63% 29.73% The company reported an EBITDA margin of nearly 30% and a PAT margin above 20%, reflecting strong profitability compared to many businesses in the jewellery manufacturing segment. Advit Jewels IPO Valuation at the Upper Price Band At the upper price band of ₹138 per share, Advit Jewels is valued at a post-issue market capitalization of approximately ₹632.18 crore. Valuation Metrics Particulars Value EPS (Pre-IPO) ₹7.50 EPS (Post-IPO) ₹7.41 P/E Ratio 18.64x Price to Book Value 7.60x Market Capitalization ₹632.18 Crore The IPO is priced at a post-issue P/E multiple of 18.64x, while the company's strong earnings growth and profitability metrics may be considered by investors while assessing the valuation. Advit Jewels IPO Objects of the Issue The IPO consists entirely of a fresh issue, with no offer-for-sale component. The company intends to utilise the proceeds for strengthening its business operations and financial position. Objects of the Issue Funding incremental working capital requirements. Repayment or prepayment of certain outstanding borrowings. General corporate purposes. The proposed debt repayment is expected to reduce finance costs, while additional working capital may support future business growth. Advit Jewels IPO Anchor Investors Ahead of the public issue, Advit Jewels raised ₹49.52 crore through its anchor book. The company allotted 35.88 lakh shares to anchor investors at ₹138 per share. Notable anchor investors include: Holani Venture Capital Fund-I Mint Focused Growth Fund PCC – Cell 1 Taurus Mutual Fund Venus Investment VCC – Venus Stellar Fund The participation of institutional investors in the anchor round reflects interest from professional investors before the IPO opening. Advit Jewels Promoters Advit Jewels's promoters: Nitin Gilara Prateek Gilara Vipul Gilara Krishna Vardhan Gilara Following the issue, promoter shareholding is expected to reduce from 94.59% to 69.88%, while the promoters will continue to retain majority ownership and management control.
Advit Jewels Reports Strong Financial Growth
Advit Jewels has demonstrated significant growth in revenue, profitability, and net worth over the last three financial years.
Advit Jewels IPO Financial Performance (₹ Crore)
The company's revenue increased by nearly 80% from ₹69.45 crore in FY24 to ₹124.94 crore in FY25. During the same period, profit after tax grew from ₹14.71 crore to ₹25.37 crore, highlighting the company's ability to scale operations while maintaining profitability.
The asset base also expanded substantially, rising from ₹29.01 crore in FY23 to ₹140.85 crore in FY25, reflecting business growth and increased operational capacity.
Advit Jewels has maintained strong margins and return ratios, indicating efficient utilization of capital and healthy operational performance.
Key Performance Indicators
The company reported an EBITDA margin of nearly 30% and a PAT margin above 20%, reflecting strong profitability compared to many businesses in the jewellery manufacturing segment.
Advit Jewels IPO Valuation at the Upper Price Band
At the upper price band of ₹138 per share, Advit Jewels is valued at a post-issue market capitalization of approximately ₹632.18 crore.
The IPO is priced at a post-issue P/E multiple of 18.64x, while the company's strong earnings growth and profitability metrics may be considered by investors while assessing the valuation.
Advit Jewels IPO Objects of the Issue
The IPO consists entirely of a fresh issue, with no offer-for-sale component. The company intends to utilise the proceeds for strengthening its business operations and financial position.
Funding incremental working capital requirements.
Repayment or prepayment of certain outstanding borrowings.
General corporate purposes.
The proposed debt repayment is expected to reduce finance costs, while additional working capital may support future business growth.
Advit Jewels IPO Anchor Investors
Ahead of the public issue, Advit Jewels raised ₹49.52 crore through its anchor book.
The company allotted 35.88 lakh shares to anchor investors at ₹138 per share.
Notable anchor investors include:
Holani Venture Capital Fund-I
Mint Focused Growth Fund PCC – Cell 1
Venus Investment VCC – Venus Stellar Fund
The participation of institutional investors in the anchor round reflects interest from professional investors before the IPO opening.
Following the issue, promoter shareholding is expected to reduce from 94.59% to 69.88%, while the promoters will continue to retain majority ownership and management control.
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