MarketsIPO NewsPrimary MarketIndia
Advit Jewels IPO Opens June 23 as Jaipur-Based Jewellery Maker Targets Rs 165 Crore Fundraise
Advit Jewels aims to raise approximately Rs 165 crore through its upcoming public issue.
Executive Summary
Advit Jewels has announced the price band for its upcoming IPO, which opens for subscription on June 23. The Jaipur-based jewellery manufacturer plans to raise around Rs 165 crore through a fresh issue of equity shares to support working capital requirements, debt reduction, and future expansion initiatives.
Key Takeaways
- ✓Advit Jewels IPO opens on June 23.
- ✓The company aims to raise approximately Rs 165 crore.
- ✓The issue consists of a fresh issue of 1.19 crore equity shares.
- ✓Revenue reached Rs 1,237.9 crore for the nine months ended December 2025.
- ✓Net profit stood at Rs 254.4 crore during the same period.
- ✓The company operates under the Rambhajo jewellery brand.
- ✓IPO proceeds will support working capital, debt repayment, and expansion initiatives.
#Advit Jewels#IPO#Indian Stock Market#Primary Market#Rambhajo#Jewellery Industry#Jaipur#Equity Markets#IPO Investment#SME IPO#Business Expansion#Retail Sector#Luxury Goods#Manufacturing#Capital Markets#Sensex#Nifty#Indian Economy#Growth Stocks#Investor News
