Waterways Leisure Tourism IPO Price: ₹130 to ₹138 per share
IPO Dates: 23 to 25 Jun, 2026
Company Overview
Incorporated in 2019, Advit Jewels is a Jaipur-based jewellery company specializing in handcrafted fine jewellery. The company is known for its expertise in Kundan, Polki, Diamond, and Studded jewellery under the brand name “Rambhajo”, blending traditional craftsmanship with contemporary designs.
Product Portfolio
The company offers a wide range of jewellery products, including:
- Necklaces
- Earrings
- Rings
- Bangles
- Customized Jewellery
These products are crafted using 14K and 18K gold, diamonds, and coloured gemstones
Business Model
Advit Jewels primarily operates on a B2B model, supplying jewellery to dealers, showrooms, and retailers. The company also caters to B2C customers through exclusive made-to-order jewellery offerings.
In FY 2025:
- 81.63% of revenue was generated from the B2B segment.
- 18.37% of revenue was generated from the B2C segment.
Manufacturing Facility
The company operates a 6,450 sq. ft. manufacturing facility in Jaipur, equipped with modern technologies such as 3D printers and casting units. The facility enables complete in-house production, covering:
- Gold melting
- Casting
- Jewellery manufacturing
- Polishing
- Quality inspection
Customized and high-value orders are generally completed within 25–30 days.
Quality Assurance
Advit Jewels maintains stringent quality standards through a dedicated quality control team that inspects every product for:
- Design accuracy
- Metal purity
- Finishing quality
- Dimensional precision
before dispatch.
Geographic Presence
The company has a pan-India presence with revenue generated from multiple states, including:
- Maharashtra
- Haryana
- Gujarat
- Delhi
- Punjab
- Rajasthan
- West Bengal
- Uttar Pradesh
- Telangana
Workforce
As of April 30, 2026, the company had a total employee base of 111 personnel.
Competitive Strengths
- Organized manufacturing under one roof
- Diversified product portfolio across customer segments
- Robust operational systems and risk mitigation framework
- Experienced leadership with proven execution capabilities
- Strong commitment to quality and craftsmanship
Bidding Starts In
Advit Jewels IPO Specifics:
| IPO Date | 23 to 25 Jun, 2026 |
| Listing Date | Wed, Jul 1, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹130 to ₹138 |
| Lot Size | 100 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,19,68,000 shares (agg. up to ₹165 Cr) |
| Fresh Issue | 1,19,68,000 shares (agg. up to ₹165 Cr) |
| Share Holding Pre Issue | 3,38,42,000 shares |
| Share Holding Post Issue | 4,58,10,000 shares |
Advit Jewels IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Tue, Jun 23, 2026 |
| IPO Close | Thu, Jun 25, 2026 |
| Allotment | Mon, Jun 29, 2026 |
| Refund | Tue, Jun 30, 2026 |
| Credit of Shares | Tue, Jun 30, 2026 |
| Listing | Wed, Jul 1, 2026 |
Advit Jewels IPO Lot Size
Bidders have the opportunity to bid for a minimum of 100 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹13,800 |
| Retail (Max) | 14 | 1,400 | ₹1,93,200 |
| S-HNI (Min) | 15 | 1,500 | ₹2,07,000 |
| S-HNI (Max) | 72 | 7200 | ₹9,93,600 |
| B-HNI (Min) | 73 | 7,300 | ₹10,07,400 |
Advit Jewels IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer Size |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
Advit Jewels IPO Financial Information
| Particulars (₹ Cr) | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 164.20 | 140.85 | 67.21 | 29.01 |
| Total Income | 123.80 | 124.94 | 69.45 | 46.60 |
| Profit After Tax | 25.44 | 25.37 | 14.71 | 10.39 |
| EBITDA | 36.68 | 37.15 | 18.95 | 12.77 |
| Net Worth | 83.65 | 58.13 | 32.80 | 18.08 |
| Reserves & Surplus | 51.64 | 58.12 | 32.79 | 18.07 |
| Total Borrowing | 64.92 | 74.80 | 19.70 | 5.84 |
Key Performance Indicator – Advit Jewels IPO
| KPI | Value |
|---|---|
| ROE | 55.79% |
| ROCE | 27.48% |
| Debt/Equity | 1.29 |
| RoNW | 43.64% |
| PAT Margin | 20.30% |
| EBITDA Margin | 29.73% |
| Price to Book Value | 7.60 |
| EPS (₹) | 7.50 |
| P/E (x) | 18.41 |
| Promoter Holding | 94.59% |
| Market Cap | ₹632.18 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
Kaashika is a social media strategist and financial content creator at Lakshmishree. She specialises in simplifying complex IPO and stock market concepts into clear, easy-to-understand content. Having created over 500+ pieces of financial content across reels, blogs, website posts and digital creatives, Kaashika helps audiences connect with the world of finance in a more accessible and engaging way.
