Advit Jewels IPO, June 17 -- The Rs.165 crore initial public offering (IPO) of Advit Jewels, which is set to hit the Indian primary market next week, is already garnering strong buzz in the grey market, suggesting heightened investor interest.

The price band for Advit Jewels IPO has been fixed at Rs.130-138 per share, with the lot size of 100 shares. For retail investors, the minimum payout is Rs.13,800 at the upper end of the price band.

Meanwhile, the grey market premium (GMP) for Advit Jewels IPO is Rs.64 apiece. This means that shares of Advit Jewels are trading at Rs.202 in the unofficial market. Advit Jewels IPO GMP signals a 46% listing pop at current levels.

While the GMP is strong, investors must also take note of these 10 thi...