Advit Jewels IPO Allotment Status Today, GMP & Listing Date 2026
The Advit Jewels IPO closed on June 25, 2026, after attracting bids worth over Rs 24,586 crore across more than 32 lakh applications. This mainboard issue of Rs 165.16 crore, was subscribed 212.63 times overall, making allotment highly competitive across all investor categories.
The IPO is also widely searched as the Rambhajo IPO, named after the company's flagship luxury jewellery brand. This review outlines everything you need to track post-closure: current grey market premium (GMP), final subscription metrics, lottery allotment chances, key dates, and a financial overview.
📲 Get live allotment status alerts instantly. Join the IPOwiz Telegram channel for real-time updates.
📋 Table of Contents
Advit Jewels IPO Key Details
| IPO Parameter | Details |
|---|---|
| IPO Price Band | Rs 130 to Rs 138 per share |
| Total Issue Size | Rs 165.16 crore (100% Fresh Issue) |
| Face Value | Rs 10 per equity share |
| Lot Size | 100 shares (Minimum Application: Rs 13,800) |
| Listing Exchanges | BSE, NSE |
| Listing Date | July 1, 2026 |
| Registrar | Bigshare Services Private Limited |
| Lead Manager | Holani Consultants Private Limited |
Advit Jewels IPO GMP Today & Expected Listing Price
Current GMP: Rs 52 to Rs 56 per share | Last Updated: June 26, 2026
At a grey market premium of Rs 52 to Rs 56 above the upper issue price cap of Rs 138, non-official matching transactions indicate an estimated opening price corridor of Rs 190 to Rs 194 per share. This signals a potential listing day return of approximately 37.7% to 40.6% for successful allottees.
Advit Jewels IPO GMP Trend
| Date | GMP (Rs) | Estimated Listing Price (Rs) |
|---|---|---|
| June 25, 2026 (Bidding Close) | Rs 48-53 | Rs 184-186 |
| June 26, 2026 | Rs 52-56 | Rs 190-194 |
The GMP is stable after the IPO closed, which shows that investor demand is still strong. A retail investor with one lot (100 shares) could earn an estimated ₹5,200 to ₹5,600 on listing.
Speculative Indicator Notice: Grey Market Premium (GMP) is an unofficial and unregulated indicator that is not monitored by SEBI. It can change quickly and only reflects market sentiment before the stock is listed. Investors should not rely on GMP alone to predict the listing price or make investment decisions.
For daily premium notification check here IPOwiz Live GMP Tracker.
Advit Jewels IPO Final Subscription Status
The public bidding window closed on June 25, 2026, with investors placing bids worth over ₹24,586 crore through 32.09 lakh applications. Overall, the IPO was subscribed 212.63 times, reflecting very strong investor demand.
Advit Jewels Final Subscription Status
| Investor Category | Day 1 | Day 2 | Day 3 (Final) |
|---|---|---|---|
| QIB Category | 1.11x | 1.56x | 174.98x |
| Small HNI (sNII - bids below 10L) | 37.00x | 160.63x | 502.25x |
| Big HNI (bNII - bids above 10L) | 17.31x | 102.06x | 554.12x |
| Retail (RII Category) | 11.73x | 35.75x | 95.30x |
| Overall Subscription Status | 11.30x | 44.37x | 212.63x |
Qualified Institutional Buyers (QIBs) showed strong interest in the IPO, subscribing their quota 174.98 times. The Non-Institutional Investors (NII) category also saw heavy demand, with the bNII portion being subscribed 554.12 times.
Advit Jewels IPO Allotment Chances
As the IPO was heavily oversubscribed, shares will be allotted through a computerized lottery system conducted by the official registrar.
| Category | Applications | Allotment Chances |
|---|---|---|
| Retail Individual (RII) | ~29.3 Lakh | 1 in 70 applications |
| Small HNI (sNII block) | ~1.87 Lakh | 1 in 470 applications |
| Big HNI (bNII block) | ~88,100 | 1 in 110 applications |
Retail investors have a low chance of receiving an allotment due to the heavy oversubscription, with the odds estimated at around 1 in 70 for a single application. Family members can apply separately using their own PAN, demat account, and bank account, as each valid application is considered individually under SEBI's allotment rules.
Advit Jewels IPO Listing Date
The IPO allotment and listing process will follow the T+3 settlement schedule as per the timeline below:
| Processing Event | Settlement Date |
|---|---|
| Bidding Close Settle | June 25, 2026 |
| Basis of Allotment Finalization | June 29, 2026 |
| Refund Processing / ASBA Unblocking | June 30, 2026 |
| Demat Share Credit Settle | June 30, 2026 |
| Trading Debut (NSE, BSE Trading starts) | July 1, 2026 |
How to Check Advit Jewels IPO Allotment Status
The Advit Jewels IPO allotment status is expected to be available from the evening of June 29, 2026. Investors can check their allotment using any of the following methods:
- Download the IPOwiz App from the Google Play Store.
- Add the PAN numbers you want to check in the PAN section.
- Go to the Allotted section and select Advit Jewels Limited.
- View the allotment status for all your saved PAN numbers in one place.
- Visit the official Bigshare Services IPO allotment portal.
- Select Advit Jewels Limited from the company list.
- Enter your Application Number or PAN.
- Complete the captcha and click Search to view your allotment status.
- Visit the BSE IPO allotment page.
- Select Equity as the issue type.
- Choose Advit Jewels Limited from the company list.
- Enter your application details and submit to check your allotment status.
About Advit Jewels
Incorporated in 2019, Advit Jewels Limited manufactures, wholesales, and scales handcrafted premium luxury jewelry arrays under its consolidated marquee brand trademark "Rambhajo." Operating footprints emphasize specialized craftsmanship across Kundan, Polki, and diamond-studded configurations.
Operational execution settles out of an integrated 6,450 sq. ft. manufacturing framework platform located in Jaipur, Rajasthan, managing design prototyping and finishing workflows. Revenue distribution arrays split cleanly between major B2B national supply relationships coating multi-state showrooms (81.63%) and isolated high-margin bridal B2C custom boutique commission orders (18.37%).
Audited Financial Performance
The company's certified financial ledger displays accelerating margin patterns and asset scaling metrics across sequential operational years:
| Financial Variable | FY2023 | FY2024 | FY2025 | 9M FY2026 |
|---|---|---|---|---|
| Total Income (Rs Cr) | 46.60 | 69.45 | 124.94 | 123.80 |
| Profit After Tax (PAT - Rs Cr) | 10.39 | 14.71 | 25.37 | 25.44 |
| EBITDA (Rs Cr) | 12.77 | 18.95 | 37.15 | 36.68 |
| Total Capital Borrowings (Rs Cr) | 5.84 | 19.70 | 74.80 | 64.92 |
The operational nine-month run rate matching December 2025 data marks an annualized trajectory positioned to track cleanly past previous baseline visibility. Net Profit Margin levels remain firm at 20.55%, supported by EBITDA cost structures operating at 29.63% margins.
Advit Jewels Valuation & Listed Peer Comparison
At the upper price band structure of Rs 138, the post-IPO valuation capitalization yields a trailing Price-to-Earnings (P/E) multiplier of 18.64x. Here is how the structural metrics look relative to immediate listed counterparts:
| Corporate Entity | P/E Multiplier |
|---|---|
| Advit Jewels (Post-IPO Target) | 18.64x |
| Radhika Jeweltech | 11.10x |
| RBZ Jewellers | 12.86x |
The premium multiple posture tracks alongside elevated efficiency returns, showing an active Return on Net Worth (RoNW) profile of 43.64% paired with an absolute Return on Equity (ROE) baseline of 35.89%. The secondary trading floor configuration will settle how the market digests this structural premium relative to sector averages.
How IPO Proceeds Will Be Used
The total fresh net equity influx of Rs 165.16 crore settles into an operational balance sheet deployment matrix outlined by the following parameters:
- Rs 65.00 crore: Dedicated directly to incremental liquid working capital funding cycles.
- Rs 65.00 crore: Assigned to structured prepayment or full retirement of high-cost outstanding balance bank borrowings.
- Balance Influx: General corporate workflow integration and processing cost deployment.
Direct debt reduction structures drop total outstanding leverage constraints significantly past the Rs 64.92 crore pre-listing baseline reported in December 2025 documentation parameters, directly cooling interest coverage strains post-listing.
Frequently Asked Questions
When is the Advit Jewels IPO allotment date?
The Advit Jewels IPO allotment is expected to be finalized on June 29, 2026. Investors can check their allotment status through the IPOwiz App, the official registrar's website, or the BSE IPO portal.
How can I check my Advit Jewels IPO allotment status?
You can check your allotment through the IPOwiz App, the official registrar (Bigshare Services), or the BSE IPO allotment page using your PAN or Application Number.
When will Advit Jewels shares be listed?
The shares are scheduled to be listed on the stock exchange on July 1, 2026, subject to regulatory approvals.
What is the minimum investment in the Advit Jewels IPO?
Retail investors had to apply for at least 1 lot (100 shares). At the upper price band of ₹138 per share, the minimum investment was ₹13,800.
What was the Advit Jewels IPO subscription status?
The IPO received an overwhelming response from investors and was subscribed 212.63 times overall, indicating strong demand across investor categories.
What is the latest Advit Jewels IPO GMP?
The Grey Market Premium (GMP) changes frequently based on market sentiment. It is an unofficial indicator and should not be considered a guarantee of the listing price.
Why is the Advit Jewels IPO also searched as the Rambhajo IPO?
Advit Jewels sells its jewellery products under the well-known Rambhajo brand. As a result, many investors search for the IPO using the Rambhajo name.
What happens if I don't receive an allotment?
If you do not receive an allotment, the blocked amount in your bank account will be released as per the IPO schedule.
How many shares are there in one lot of the Advit Jewels IPO?
One retail lot of the Advit Jewels IPO consists of 100 equity shares.
Can I check the allotment status of multiple PANs at once?
Yes. The IPOwiz App allows you to save multiple PAN numbers and check the allotment status for all of them from a single dashboard.