Advit Jewels Ltd. share price target

Advit Jewels enters the public market riding a compelling top-line trajectory – revenue has compounded at ~64% CAGR from FY23 to FY25, PAT margins have been healthy at 20%+, and return ratios (RoNW at 43.64%) are among the strongest in the jewellery cohort.

Company is a manufacturer and seller of traditional and contemporary handcrafted fine jewellery, specializing in Kundan, Polki, Diamond and Studded pieces. Company's brand name Rambhajo finds its roots in a jewellery business established in 1921 by Late Shri Kishan Gilara in Jaipur. He started Rambhajo as a local brokerage and trading venture in the jewellery market. The brand name evolved steadily into a wellknown brand in the jewellery manufacturing and retail space in Jaipur, Rajasthan. Company's offerings include necklaces,...

IPO Note

Advit Jewels Ltd. (AJL) is a jewellery manufacturer which makes 100% handmade jewellery using traditional craftsmanship methods while incorporating modern design elements at its facility in Jaipur. Its core strength lies in innovative designs and customization based on consumer preferences. The company offers a wide range of products including Necklaces, Earrings, Finger Rings, Bangles, Brooch, Nath and customized jewellery pieces. The jewellery pieces range from bridal collection to every day wear luxury pieces made with 14 carat and 18 carat gold as per customer...