Mumbai, June 29 -- The initial public offer of Advit Jewels received bids for 1,78,16,52,000 shares as against 83,79,300 shares on offer. The issue was subscribed 212.63 times.

The non-institutional investors (NII) category was subscribed 553.65 times, the qualified institutional buyers (QIBs) portion was subscribed 174.98 times and the retail individual investors category was subscribed 95.30 times.

The issue opened for bidding on 23 June 2026 and it closed on 25 June 2026. The price band of the IPO is fixed between Rs 130 and 138 per share.

The IPO comprised a fresh issue of 1,19,68,000 equity shares aggregating up to Rs 165.16 crore. The objectives of the fresh issue included Rs 65 crore for funding working capital requirements, Rs ...