Yaashvi Jewellers Ltd is engaged in the manufacturing and trading of a wide range of jewellery products, with a major focus on gold jewellery across 9K, 14K, 18K, 20K, and 22K categories.
The company primarily specializes in machine-made gold chains, which form the core of its product portfolio and are widely used in various jewellery designs. In addition to manufacturing plain gold jewellery, the company also trades in studded gold jewellery, fashion silver jewellery, diamond jewellery, gold bullion, and customized jewellery products designed according to customer requirements.
Yaashvi Jewellers mainly caters to B2B customers including dealers, jewellery showrooms, corporates, and small jewellery retailers. Over the last year, the company has also expanded into the retail segment to strengthen its B2C presence and offer a broader jewellery collection directly to end consumers.
Product Portfolio:
- Plain Gold Jewellery
- Designer Gold Jewellery
- Studded Gold Jewellery
- Diamond Jewellery
- Fashion Silver Jewellery
- Gold Bullions
- Customized Jewellery Solutions
The company operates an equipped manufacturing facility in Jaipur, Rajasthan, with an installed manufacturing capacity of 1,100 kg per annum as of June 30, 2025. The facility is equipped with modern machinery such as chain-making machines, induction melting furnaces, wire drawing machines, and laser welding machines to support efficient production processes.
Yaashvi Jewellers IPO – Details
| IPO Opening Date | 25 May 2026 |
| IPO Closing Date | 27 May 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 52,86,400 Shares Worth ₹43.88 Crore Fresh Issue: 52,86,400 Shares Worth ₹43.88 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹83 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt. Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Yaashvi Jewellers IPO – Date Schedule
| IPO Open Date | 25 May 2026 |
| IPO Close Date | 27 May 2026 |
| Basis of Allotment | 29 May 2026 |
| Initiation of Refund | 01 June 2026 |
| Credit of Shares to Demat | 01 June 2026 |
| IPO Listing Date | 02 June 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 27, 2026 |
Yaashvi Jewellers IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,65,600 |
| Retail (Max) | 2 | 3200 | ₹2,65,600 |
| S-HNI (Min) | 3 | 4800 | ₹3,98,400 |
Competitive Strength
- Experienced Promoters and Management Team.
- Diversified product portfolio.
- Recurring and non-recurring, repeat revenues from long standing customer relationships.
- Integrated Manufacturing Facility.
- Commitment to quality and hallmark jewellery assurance.
Company Promoters
- Ankita Agarwal
- Ankit Aggarwal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹190.44 Cr | ₹189.50 Cr | ₹0.69 Cr | ₹8.40 Cr |
| 31 March 2024 | ₹200.93 Cr | ₹198.26 Cr | ₹1.96 Cr | ₹16.25 Cr |
| 31 March 2025 | ₹297.76 Cr | ₹282.23 Cr | ₹11.28 Cr | ₹43.11 Cr |
Key Performance Indicator
| KPI | Values (mar 31, 2025) |
|---|---|
| ROE | 68.57% |
| ROCE | 26.55% |
| Debt/Equity | 1.78 |
| RoNW | 46.71% |
| PAT Margin | 3.80% |
| EBITDA Margin | 6.17% |
| Price to Book Value | 4.21 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.15 | 8.04 |
| P/E (x) | 9.07 | 10.32 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding Working Capital Requirements of the Company. | ₹21.50 |
| Repayment/ prepayment of certain borrowings availed by the Company. | ₹11.00 |
| General corporate purposes. | – |
✅Strengths
- Strong focus on machine-made gold chains, which is the core revenue-generating segment.
- Diversified product portfolio including plain gold jewellery, studded jewellery, diamond jewellery, silver jewellery, gold bullion, and customized jewellery.
- Growing manufacturing business with manufacturing contributing more than 71% revenue in FY25.
- Equipped manufacturing facility in Jaipur with installed capacity of 1,100 kg per annum.
- BIS hallmarked products ensure purity and quality assurance.
- Expansion into the B2C retail segment through a new large-format showroom in Jaipur.
- Experienced promoters with combined industry experience of around 16 years.
- Strong revenue growth from ₹190 Cr in FY23 to ₹297 Cr in FY25.
⚠️Risks
- Heavy dependency on plain gold chains, contributing around 70% of revenue. Any slowdown can impact business significantly.
- Jewellery business is highly dependent on gold price volatility, which can affect margins and demand.
- It is a working capital-intensive business due to high inventory holding requirements.
- Majority operations are concentrated in Jaipur, Rajasthan, increasing geographic concentration risk.
- Retail expansion is new and untested, which may take time to generate stable returns.
- Dependence on bullion suppliers and raw material availability. Any supply disruption may impact operations.
- Business faces risks from changing jewellery trends and customer preferences.
- Significant requirements for funds for inventory, manufacturing, and showroom expenses may increase financial pressure.
Yaashvi Jewellers IPO Promoter Holding
| Pre-Issue Share Holding | 99.30% |
| Post Issue Share Holding | – |
Yaashvi Jewellers IPO Prospectus
- Yaashvi Jewellers IPO DRHP
- Yaashvi Jewellers IPO RHP
Company Contact Information
| Yaashvi Jewellers Limited Plot No. 486 Nemi Sagar Colony, Vaishali Nagar, Jaipur, Rajasthan, 302021 Phone: 9529833397 Email: investor@yaashvijewellers.com Website: https://yaashvijewellers.com/ |
Yaashvi Jewellers IPO Registrar
| Bigshare Services Pvt. Ltd. Phone: +91-22-6263 8200 Email: investor@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Yaashvi Jewellers IPO Lead Manager(s)
| 1. Smart Horizon Capital Advisors Pvt. Ltd. |
Yaashvi Jewellers IPO FAQ
| What is the Yaashvi Jewellers IPO? Yaashvi Jewellers IPO is an SME IPO. The issue is priced at ₹83 per equity share. The IPO is to be listed on BSE SME. |
| When will Yaashvi Jewellers IPO open? The IPO is to open on 25 May 2026 for NII and Retail Investors. |
| What is Yaashvi Jewellers IPO Investors’ Portion? The investors’ portion for NII – 50% and Retail – 50%. |
| What is the Yaashvi Jewellers IPO Size? Yaashvi Jewellers IPO size is ₹43.88 Crore. |
| What are the Yaashvi Jewellers IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 3200 Shares for ₹2,65,600, while the maximum bid is 3200 Shares for ₹2,65,600. |
| What is the Yaashvi Jewellers IPO Allotment Date? Yaashvi Jewellers IPO allotment date is 29 May 2026. |
| What is the Yaashvi Jewellers IPO Listing Date? Yaashvi Jewellers IPO listing date is 02 June 2026. The IPO is to be listed on the BSE SME. |
