Yaashvi Jewellers Ltd.
YAASHVISME
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Overview
Yaashvi Jewellers Limited is a Jaipur-based jewellery manufacturer and trader focused on gold jewellery across 9K, 14K, 18K, 20K and 22K purity segments, with machine-made gold chains as its core product. The company supplies plain gold jewellery to dealers, showrooms and jewellery shops in wholesale quantities, while also expanding into retail through its shop and first large-format showroom in Jaipur. Alongside manufacturing, it trades in designer and studded gold jewellery, diamond jewellery, fashion silver jewellery under the PURESOUL brand, gold bullion and customized jewellery. The business operates with a BIS hallmarked quality framework, an integrated manufacturing facility in Jaipur and a growing B2B plus B2C distribution presence.
Opening Date
May 25, 2026
Closing Date
May 27, 2026
Listing Date
Jun 02, 2026
IPO Type
SME
IPO Status
Closed
Issue Size
43.88 Cr
Fresh Issue
43.88 Cr
Offer for Sale
0 Cr
Price Band
₹83 - ₹83
Lot Size
1600
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
The main objectives of the issue are to strengthen Yaashvi Jewellers Limited's operating capacity and balance sheet for its expanding jewellery business.
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Fund the company's incremental working capital needs arising from higher inventory levels, receivables, manufacturing activity and retail expansion, particularly for procurement of gold bullion, consumables and finished jewellery stock required to support wholesale and retail demand.
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Repay or prepay, in full or in part, certain borrowings availed from banks and financial institutions so as to reduce finance costs, improve the debt-equity profile and enhance financial flexibility for future expansion.
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Meet general corporate purposes, including supporting business growth initiatives, brand building, operational requirements and other corporate needs within the regulatory limits applicable to issue proceeds.
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Enhance the company's market visibility, corporate image and public market access through listing of its equity shares, which can support future growth, customer trust and wider stakeholder engagement.
Key Performance Indicator
P/E Ratio
5.6
EPS
14.82
ROE
54.07%
ROCE
26.73%
RONW
42.05%
Debt to Equity Ratio
—
PAT Margin
4.08%
EBITDA Margin
6.67%
P/B
2.35
SWOT Analysis
Strengths
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Experienced promoter-led management with domain knowledge in jewellery manufacturing, design orientation, sales and market expansion.
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Core specialization in machine-made gold chains supported by an equipped manufacturing facility in Jaipur.
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Diversified jewellery portfolio spanning plain gold, designer gold, silver, diamond jewellery, bullion and customized offerings across B2B and retail channels.
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Established repeat customer base, BIS hallmarked products and growing retail presence that support credibility and revenue visibility.
Weaknesses
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High working capital intensity because large funds are tied up in gold inventory, receivables and seasonal stocking requirements.
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Revenue concentration in plain gold chains makes performance sensitive to demand shifts in one major product category.
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Business depends on a limited set of key suppliers and generally operates without long-term supply agreements.
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Operations and brand visibility are concentrated in Jaipur and a few states, limiting diversification of physical market presence.
Opportunities
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Growing organized demand for affordable and lightweight gold jewellery in India can support higher sales of machine-made chains.
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Retail expansion through the new showroom and digital initiatives such as the mobile application can broaden direct-to-consumer reach.
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Improved working capital availability from IPO proceeds can help increase capacity utilization and scale manufacturing volumes.
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Potential export market development and wider geographic penetration can diversify revenue beyond current domestic concentration.
Threats
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Volatility in gold prices can affect procurement costs, inventory valuation and profitability.
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Intense competition from established jewellery brands, regional players and local retailers may pressure margins and market share.
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Changes in consumer preferences, festive demand patterns and discretionary spending can materially affect jewellery sales.
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Regulatory changes relating to hallmarking, taxation, imports, foreign trade or financing can raise compliance costs and operational risk.
Subscription Rate
Frequently Asked Questions about Yaashvi Jewellers Ltd.
Yaashvi Jewellers Limited is a Jaipur-based jewellery manufacturer and trader focused on gold jewellery across 9K, 14K, 18K, 20K and 22K purity segments, with machine-made gold chains as its core product. The company supplies plain gold jewellery to dealers, showrooms and jewellery shops in wholesale quantities, while also expanding into retail through its shop and first large-format showroom in Jaipur. Alongside manufacturing, it trades in designer and studded gold jewellery, diamond jewellery, fashion silver jewellery under the PURESOUL brand, gold bullion and customized jewellery. The business operates with a BIS hallmarked quality framework, an integrated manufacturing facility in Jaipur and a growing B2B plus B2C distribution presence.
The Yaashvi Jewellers Ltd. IPO is scheduled to open for subscription on May 25, 2026 and close on May 27, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Yaashvi Jewellers Ltd. IPO is ₹83 to ₹83. Investors can place bids within this range once the issue opens.
The minimum lot size for the Yaashvi Jewellers Ltd. IPO is 1600 shares. The minimum investment amount ₹1,32,800.
The total issue size of the Yaashvi Jewellers Ltd. IPO is approximately ₹43.88. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Yaashvi Jewellers Ltd. IPO has been subscribed 0.78 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Yaashvi Jewellers Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Yaashvi Jewellers Ltd. are expected to list on stock exchanges on Jun 02, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Yaashvi Jewellers Ltd. IPO are proposed to be used for The main objectives of the issue are to strengthen Yaashvi Jewellers Limited's operating capacity and balance sheet for its expanding jewellery business., Fund the company's incremental working capital needs arising from higher inventory levels, receivables, manufacturing activity and retail expansion, particularly for procurement of gold bullion, consumables and finished jewellery stock required to support wholesale and retail demand., Repay or prepay, in full or in part, certain borrowings availed from banks and financial institutions so as to reduce finance costs, improve the debt-equity profile and enhance financial flexibility for future expansion., Meet general corporate purposes, including supporting business growth initiatives, brand building, operational requirements and other corporate needs within the regulatory limits applicable to issue proceeds., Enhance the company's market visibility, corporate image and public market access through listing of its equity shares, which can support future growth, customer trust and wider stakeholder engagement.
Before applying for the Yaashvi Jewellers Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
