Advit Jewels IPO Enters Day 2 of Subscription
Advit Jewels IPO has entered its second day of bidding after receiving a strong response from investors on Day 1. The Jaipur-based jewellery manufacturer witnessed robust subscription demand across investor categories and continues to attract attention in the grey market.
Advit Jewels IPO GMP Today
The latest Advit Jewels IPO GMP around ₹56 per share, indicating a premium of nearly 41% over the upper price band of ₹138. Based on the current GMP, the estimated listing price is around ₹194 per share.
Estimated Listing Price: ₹194
Upper Price Band: ₹138
Current GMP: ₹56
Estimated Gain: 40.58%
Note: GMP is unofficial and can change based on market sentiment.
Advit Jewels IPO Subscription Status
The IPO received a strong response on the first day of bidding and was subscribed 11.18 times overall. Retail investors showed significant interest, while the Non-Institutional Investor (NII) category witnessed even stronger demand. Institutional participation remained comparatively lower on Day 1.
Advit Jewels IPO Important Dates
| Particulars | Date |
|---|---|
| IPO Opening Date | 23 June 2026 |
| IPO Closing Date | 25 June 2026 |
| Basis of Allotment | 29 June 2026 |
| Listing Date | 1 July 2026 |
About Advit Jewels Limited
Advit Jewels Limited is a Jaipur-based jewellery manufacturer known for its handcrafted jewellery collections under the Rambhajo brand. The company specializes in Kundan, Polki, diamond, and gemstone jewellery and primarily serves B2B customers while also offering customized jewellery solutions for retail clients.
The company operates an integrated manufacturing facility with in-house design, production, casting, and finishing capabilities, enabling better quality control and operational efficiency.
Advit Jewels IPO Review
Market observers remain positive on the issue due to the company's strong financial growth, improving profitability, healthy margins, and expansion plans. The company also aims to strengthen its balance sheet through debt reduction.
However, investors should consider risks such as fluctuations in gold prices, changing consumer demand, and customer concentration before making an investment decision.
Advit Jewels IPO GMP Trend
| Date | IPO GMP | Estimated Gain |
|---|---|---|
| 24 Jun 2026 | ₹56 | 40.58% |
| 23 Jun 2026 | ₹56 | 40.58% |
Disclaimer
Grey Market Premium (GMP) is based on market speculation and is not an official indicator of listing performance. Investors should review the company's fundamentals and consult a financial advisor before investing.
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