Advit Jewels IPO Day 3: Issue subscribed 44.16x so far. GMP hints 38% listing pop. Should you apply or not?
New Delhi, June 25 -- The Advit Jewels IPO witnessed robust investor demand on the second day of bidding, with the issue being subscribed 44.16 times overall, driven by strong participation from qualified institutional buyers (QIBs), non-institutional investors (NIIs), and retail investors.
The public issue opened for subscription on 23 June, and is scheduled to close on 25 June.
Established in 2019, Advit Jewels manufactures and sells traditional and contemporary handcrafted fine jewellery under its flagship "Rambhajo" brand. The company specialises in Kundan, Polki, diamond, and studded jewellery, catering to the premium jewellery segment.
For the nine months ended 31 December 2025, Advit Jewels reported revenue from operations of Rs...
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