Advit Jewels Ipo
Advit Jewels IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Holani Consultants Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | June 23, 2026 |
| IPO Close Date | June 25, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹130 to ₹138 Per Share |
| Issue Size | Approx ₹165.16 Crores |
| Fresh Issue | Approx ₹165.16 Crores |
| Issue Type | Bookbuilding Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 100 | ₹13,800 |
| Retail Maximum | 14 | 1,400 | ₹1,93,200 |
| S-HNI Minimum | 15 | 1,500 | ₹2,07,000 |
| S-HNI Maximum | 72 | 7,200 | ₹9,93,600 |
| B-HNI Minimum | 73 | 7,300 | ₹10,07,400 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 35,88,700 Shares | 29.99% |
| QIB (Ex. Anchor) | 23,92,600 Shares | 19.99% |
| NII Shares Offered | 17,96,700 Shares | 15.01% |
| Retail Shares Offered | 41,90,000 Shares | 35.01% |
| Anchor Bidding Date | June 22, 2026 |
| Anchor Investors List | |
| Shares Offered | 35,88,700 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | July 23, 2026 |
| lock-in period end date 50% shares (90 Days) | Sep 22, 2026 |
| IPO Open Date: | June 23, 2026 |
| IPO Close Date: | June 25, 2026 |
| Basis of Allotment: | June 29, 2026 |
| Refunds: | June 30, 2026 |
| Credit to Demat Account: | June 30, 2026 |
| IPO Listing Date: | July 1, 2026 |
| IPO Bidding Cut-off Time: | June 25, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 3,38,42,000 | 94.59% |
| Promoter Holding Post Issue | 4,58,10,000 | 69.88% |
| Purpose | Crores |
| Funding incremental working capital requirements of the Company | ₹65.00 |
| Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Our Company from scheduled commercial banks | ₹65.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹46.60 | ₹34.08 | ₹10.39 | ₹29.01 |
| 2024 | ₹69.45 | ₹51.66 | ₹14.71 | ₹67.21 |
| 2025 | ₹124.94 | ₹94.24 | ₹25.37 | ₹140.85 |
| Dec 2025 | ₹123.80 | ₹93.05 | ₹25.44 | ₹164.20 |
| KPI | Values |
| ROE: | 55.79% |
| ROCE: | 27.48% |
| EBITDA Margin: | 29.73% |
| PAT Margin: | 20.30% |
| Debt to equity ratio: | 1.29 |
| Earning Per Share (EPS): | ₹7.92 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 43.64% |
| Net Asset Value (NAV): | ₹18.16 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bluestone Jewellery and Lifestyle Limited | (78.86) | NA | (24.00%) | 363.96 | 1,829.92 Cr. |
| RBZ Jewellers Limited | 9.70 | 14.32 | 15.83% | 61.26 | 530.75 Cr. |
| Radhika Jeweltech Limited | 11.63 | 16.34 | 18.63% | 27.34 | 647.67 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |