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(15/06/2026 12:20)

Advit Jewels announces launch of initial public offering

Advit Jewels Ltd. has announced public offering of 11968000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 128.00 per share. The gross proceeds of the issue are expected to be Rs 16,515.84 lakhs.

The company's initial public offer (IPO) will open on 23 June 2026 and is expected to close on 25 June 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 130.00-138.00 per share.

The IPO includes a fresh Issue of 11968000 Equity Shares of the Company at an price of Rs 138.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 100 shares with bids in multiples of 100.

Advit Jewels Ltd. anticipates using the proceeds of the issue for .

Holani Consultants Private Limited as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
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