Keeping an eye on the upcoming Advit Jewels Limited IPO ๐
๐ Revenue has grown from โน46.6 Cr in FY23 to โน124.9 Cr in FY25 โ nearly 3x growth in just 2 years.
๐ EBITDA margins remain strong at ~30% while PAT margins are around 20%.
๐ ROE of 55.8% and ROCE of 27.5% highlight efficient capital allocation.
๐ Customer base expanded from 96 to 258 across 21 states, while product categories increased from 8 to 21.
๐ Only ~46% capacity utilized, leaving significant room for growth without major capex.
๐ 100+ years of promoter legacy through Rambhajo Jewellers, with an integrated manufacturing setup in Jaipur.
๐ IPO is a 100% fresh issue (No OFS), with proceeds earmarked for working capital and debt reduction. Promoters will still hold ~69.9% post listing.
A fast-growing jewellery player riding India's organized jewellery boom. Worth tracking closely. ๐
So friends here is the thread on the recommended pathway for new entrants in the stock market.
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..