Advit Jewels IPO Day 2: Issue booked 20.24x so far. Check GMP, subscription status, key dates. Apply or not?

Advit Jewels IPO was subscribed 20.24 times on day 2, with the NII portion booked 47.85x, retail 19.31x and QIBs 1.14x. The issue is priced between Rs 130 and Rs 138 per share, with grey market premium at Rs 56 indicating an estimated listing price of about Rs 194, around 40% above the issue price. For the nine months ended December 2025, the company reported revenue of Rs 1,238 crore and net profit of Rs 254.4 crore, while brokerages Canara Bank Securities and Swastika Investmart recommended subscribing to the issue.