New Delhi, June 25 -- The initial public offering of Advit Jewels, which was fully booked on the first day, continued to attract strong investor demand through the final day of bidding, as the issue was oversubscribed by more than 200 times.

All investor categories witnessed robust participation, with the NII portion oversubscribed by 536 times and the QIB segment booked 175 times. The retail segment also saw strong enthusiasm, with subscriptions reaching 95.3 times.

Overall, the issue received bids for 178 crore as against 83.79 lakh in the offer, resulting in a subscription rate of 212 times.

The Rs.165.16-crore IPO, valued at the upper end of the price band, is entirely a fresh issue comprising 1.20 crore equity shares. The company ...