IPO SYNOPSIS

Advit Jewels Ltd
Registered Office:
Flat #.301 Pearl Premier Plot-,#.4 Jamna Lal Bajaj Marg C-Sch,
Jaipur - 302001,
Rajasthan, India.
Website :  www.rambhajo.com
Initial public offer of up to 1,19,68,000 equity shares of face value of (₹) 10/- each ("Equity Shares") of the company for cash at a price of (₹) 130-138 per equity share (including a share premium of (₹) 120-128 per equity share), aggregating to (₹) 155.58-165.16 Crores ("the Issue"). The issue will constitute [*] % of the post issue paid up equity share capital of the company. The company has undertaken a pre-ipo placement of 18,32,000 equity shares of face value of (₹)10 each at a price of (₹) 125/- per equity share aggregating to (₹) 22.9 Crores. The size of the issue as disclosed in the draft red herring prospectus, aggregating up to 1,38,00,000 equity shares of face value of (₹)10/- each has been reduced by 18,32,000 equity shares of face value of (₹) 10/- each pursuant to the pre-ipo placement, subject to compliance with rule19(2)(b) of the scrr, and accordingly, the issue is for an aggregate of up to 1,19,68,000 equity shares of face value of (₹) 10/- each. The pre ipo proceeds will be utilized in one of the objects of the issue i.e. General corporate purposes. Further, the pre-ipo placement has not exceeded 20% of the size of the issue. The company has appropriately intimated the subscribers to the pre-ipo placement that there is no guarantee that the company may proceed with the issue, or the issue may be successful and will result into listing of equity shares on the stock exchanges, and the investment is being made solely at the risk of the investor. Price Band: (₹) 130/- to (₹) 138/- per equity share of face value of (₹) 10/- each. The floor price is 13.00 times of the face value and the cap price is 13.80 times of the face value. Bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-Jun-26
25-Jun-26
130.00-138.00
0.00-0.00
Minimum Application for shares in Nos : 100     Further Multiples of : 100
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Holani Consultants Private Limited
Project Financed
155.58
 
Post Issue
45.81
 
Issue Price
130.00
 
Projects
Funding incremental working capital requirements of the Company
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by its Company from scheduled commercial bank
General corporate purposes
Promoted By
Nitin Gilara
Prateek Gilara
Vipul Gilara
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd
A+ | A | A-
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