MediumPositive
Announced Mon, 22 Jun · 13:03 IST

Advit Jewels IPO: GMP shows nearly 50% listing pop; key details of ₹165 crore public issue in 10 points

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Advit Jewels, a Jaipur-based handmade jewellery manufacturer, is opening its about Rs 165 crore fresh issue IPO for subscription on June 23 at a price band of Rs 130 to Rs 138 per share. Grey market premium of Rs 65 signals a potential listing gain of around 47 percent on the BSE and NSE on July 1. The company reported profits of Rs 10.39 crore in FY23, Rs 14.71 crore in FY24, Rs 25.37 crore in FY25, and Rs 25.44 crore for FY26 till December 2025.