Advit Jewels Share Price: Stock Lists at 37% Premium on NSE
The Indian primary market continues its strong run as Advit Jewels Limited made a robust debut on the stock exchanges on Wednesday, July 1, 2026. Riding on immense investor interest and a massive subscription rate, the Advit Jewels share price opened at a staggering premium on the National Stock Exchange (NSE), delivering quick gains to successful allottees.
Advit Jewels Share Price Debuts with Massive Listing Gains
The equity shares of Advit Jewels started trading on the NSE at ₹188.90 per share, reflecting a stellar premium of 36.88% over its upper IPO issue price band of ₹138 per share.
With the market lot size fixed at 100 shares, retail investors required a minimum investment of ₹13,800 to apply for a single lot. Following the strong listing, the value of one lot jumped immediately to ₹18,890, translating to a net profit of ₹5,090 per lot right at the opening bell.
The listing perfectly matched market expectations, aligning closely with the Grey Market Premium (GMP) of ₹49 per share reported right before the debut.
A Detailed Look at the Advit Jewels IPO
The ₹165.16 crore initial public offering (IPO) was a completely fresh issuance of 1.20 crore equity shares with a face value of ₹10 each. The price band for the book-built issue was set between ₹130 and ₹138 per share.
Key IPO Details:
Total Issue Size: ₹165.16 crore (Fresh Issue Only)
Price Band: ₹130 to ₹138 per share
Lot Size: 100 Shares
Lead Manager: Holani Consultants Private Limited
Registrar to the Issue: Bigshare Services Private Limited
The company had also mobilised ₹49.52 crore from prominent anchor investors ahead of the public issue, including Taurus Mutual Fund, Holani Venture Capital Fund-1, Mint Focused Growth Fund PCC-Cell 1, and Venus Investment VCC Venus Stellar Fund.
Utilization of Funds
According to the company’s prospectus, the capital raised from the fresh issue will be strategically deployed for:
Incremental working capital requirements.
Repayment or prepayment of certain outstanding borrowings.
General corporate purposes.
Massive 212x Subscription Across All Categories
The IPO witnessed overwhelming demand during its bidding window, getting subscribed a massive 212.63 times overall. The issue received total bids for 1,78,16,52,000 shares against the 83,79,300 shares on offer.
The category-wise subscription breakdown highlights intense bidding, particularly from high-net-worth individuals (Non-Institutional Investors):
| Category | Shares Reserved | Shares Bid For | Subscription Status (x) |
| Qualified Institutional Buyers (QIBs) | 23,92,600 | 41,86,47,500 | 174.98x |
| Non-Institutional Investors (NIIs) | 17,96,700 | 96,37,11,700 | 536.38x |
| Retail Individual Investors (RIIs) | 41,90,000 | 39,92,92,800 | 95.30x |
| Total | 83,79,300 | 1,78,16,52,000 | 212.63x |
About Advit Jewels Limited (Rambhajo Brand)
Headquartered in Jaipur, Advit Jewels Limited manufactures and sells fine contemporary and traditional handcrafted jewellery. Operating primarily under the legacy brand ‘Rambhajo’ (established in 1921), the firm specializes in customized Polki, Kundan, diamond, and studded jewellery pieces crafted in 18K and 14K gold.
The firm mainly operates via a Business-to-Business (B2B) model, supplying high-end jewellery to major dealers, retail showrooms, and chain stores across India, while simultaneously offering custom bespoke solutions to select retail client groups.
Robust Financial Performance
The company’s financial charts have shown significant growth momentum:
Total Income: Rocketed to ₹124.94 crore in FY25 compared to ₹69.45 crore in FY24.
Profit After Tax (PAT): Surged to ₹25.37 crore in FY25 up from ₹14.71 crore in FY24.
EBITDA: Doubled to ₹37.15 crore in FY25 from ₹18.95 crore in the previous fiscal year.
This rapid upward trajectory continued into the late months of 2025, with the company clocking a net profit of ₹25.44 crore on a total income of ₹123.80 crore for the nine months ending December 31, 2025.
How to Check Advit Jewels IPO Allotment Status
For investors looking to verify their allotment status, the data is officially available via the stock exchanges and the registrar. Here are the step-by-step methods:
Method 1: Via the Registrar (Bigshare Services)
Go to the official Bigshare Services allotment page.
Select any of the available active servers.
Choose “Advit Jewels Limited” from the company drop-down list.
Select your preferred search type: Application No, Beneficiary ID, or PAN Number.
Enter the details alongside the Captcha code and click “Submit”.
Method 2: Via BSE India
Visit the BSE Application Status Page.
Under Issue Type, select “Equity”.
In the Issue Name dropdown, choose “Advit Jewels Limited”.
Type in your Application Number or PAN card details.
Complete the Captcha verification and click “Submit”.
Method 3: Via NSE India
Open the NSE IPO allotment verification page.
Click on “Equity & SME IPO Bid Details”.
Select the symbol “RAMBHAJO”.
Enter your PAN card number and Application Number.
Click “Submit” to view your allocation details.
Disclaimer: This article is written purely for educational and informational purposes. The securities or financial figures mentioned here do not constitute investment advice. Investors should consult certified financial advisors before buying or selling shares.