Advit Jewels IPO GMP signals 46% listing pop: From issue size to key risks, here are 10 things to know from the RHP

Advit Jewels is set to launch a Rs 165 crore IPO with a fixed price band of Rs 130-138, opening on June 23. The grey market premium signals an estimated 46 percent listing gain. The company plans to deploy Rs 65 crore towards working capital and has reported profit growth over the past three years despite a decline in overall gold consumption.