Advit Jewels Ltd

Abhishek Gilara, a promoter of Advit Jewels Limited, disclosed the acquisition of 7,778,430 equity shares, representing 16.979% of the company's diluted share capital, through an inter-se transfer by way of gift from Vipul Gilara on October 16, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited on October 19, 2026. The acquisition is exempt under Regulation 10(1)(a)(i)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and follows a prior disclosure made on September 4, 2026.

Advit Jewels Limited, formerly Advit Jewels Private Limited, submitted a certificate to the BSE Limited and National Stock Exchange of India under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, confirming that the regulation is not applicable as all shares are held in demat form and no rematerialisation requests were received.

Advit Jewels Limited, formerly Advit Jewels Private Limited, announced that shareholders at the company’s 7th Annual General Meeting on September 28, 2026, approved the appointment of M/S. ATCS & Associates as Secretarial Auditors for a five-year term commencing April 1, 2026, and appointed Mr. Abhishek Gilara as Joint Managing Director for a five-year term starting August 10, 2026.

Advit Jewels Limited, formerly Advit Jewels Private Limited, announced that shareholders at the company’s 7th Annual General Meeting on September 28, 2026, approved the appointment of M/S. ATCS & Associates as Secretarial Auditors for a five-year term beginning April 1, 2026, and appointed Mr. Abhishek Gilara as Joint Managing Director for a five-year term starting August 10, 2026.

Advit Jewels Limited, formerly Advit Jewels Private Limited, will close its trading window for designated persons and their immediate relatives from the start of trading hours on Thursday, October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter and half year ended September 30, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Advit Jewels Limited, formerly Advit Jewels Private Limited, will hold a board meeting on August 10, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and to note the limited review report, as per a regulatory filing with the BSE Limited and National Stock Exchange Limited.

Advit Jewels will hold a meeting of the Board of Directors of the Company on 20 July 2026.

The stock debuted at Rs 187, marking a premium of 35.51% to the issue price. So far, the stock has hit a high of Rs 190 and a low of Rs 177.70. On the BSE, over 5.44 lakh shares of the company were traded in the counter so far. The initial public offer of Advit Jewels received bids for 1,78,16,52,000 shares as against 83,79,300 shares on offer. The issue was subscribed 212.63 times. The issue opened for bidding on 23 June 2026 and it closed on 25 June 2026. The price band of the IPO is fixed between Rs 130 and 138 per share. The IPO comprised a fresh issue of 1,19,68,000 equity shares aggregating up to Rs 165.16 crore. The objectives of the fresh issue included Rs 65 crore for funding working capital requirements, Rs 65 crore for repayment/prepayment of certain outstanding borrowings, and the remaining amount for general corporate purposes. The promoters were Nitin Gilara, Prateek Gilara, Vipul Gilara and Krishna Vardhan Gilara. The promoters and promoter group held an aggregate of 3,20,10,000 equity shares, representing 94.59% of the pre-offer issued and paid-up equity share capital. Their post-IPO shareholding stood at around 69.88%. Advit Jewels is a Jaipur-based jewellery manufacturer and retailer engaged in designing and crafting handcrafted fine jewellery under the 'Rambhajo' brand. The company specializes in Kundan, Polki, diamond and studded jewellery, offering a diverse range of products including necklaces, earrings, rings, bangles and customized jewellery. It primarily operates on a B2B model, supplying products to dealers, showrooms and retailers across India, while also catering to select B2C customers through made-to-order offerings. With an integrated manufacturing facility in Jaipur and a presence across nearly 18 states, the company combines traditional craftsmanship with modern production techniques. Advit Jewels plans to expand its footprint through a franchise-led retail model, a flagship store in Jaipur and enhanced digital sales channels. Ahead of the IPO, Advit Jewels, on 22 June 2026, raised Rs 49.52 crore from anchor investors. The board allotted 35.88 lakh shares at Rs 138 each to 4 anchor investors. The firm reported a consolidated net profit of Rs 25.44 crore and sales of Rs 123.79 crore for the nine months ended on 31 March 2026.Powered by Capital Market - Live