Advit Jewels IPO to open on 23 June 2026. Price band, GMP, other details here

Jaipur-based jewellery firm Advit Jewels (brand: Rambhajo) has set a price band of ₹130-138 per share for its IPO opening on June 23 and closing June 25, 2026, aiming to raise ₹165 crore through a fresh issue of 1.19 crore shares. Proceeds of ₹65 crore each will fund working capital requirements and debt repayment, with the remainder for general corporate purposes. The stock is commanding a grey market premium of ₹80, indicating a potential 58% listing premium over the upper price band; the company reported revenue of ₹1,237.9 crore and net profit of ₹254.4 crore for the nine months ended December 2025.