MediumNeutral
Announced Fri, 26 Jun · 08:32 IST
Advit Jewels IPO: Focus shifts to allotment date. Latest GMP, step-by-step guide to check status
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Advit Jewels IPO share allotment will be finalised on 29 June, with the issue having been subscribed 212.63 times during the bidding window from 23 to 25 June. The grey market premium currently stands at around ₹44, suggesting an estimated listing price of about ₹182 per share, which is 31.88% above the upper end of the IPO price band of ₹138. However, the GMP has declined from a peak of ₹91 over the past 16 sessions, indicating softening premium expectations ahead of the 1 July listing on NSE and BSE.