Advit Jewels' ₹165 Cr IPO Opens June 23 With 47% Grey Market Premium
Jaipur-based handcrafted jewellery maker Advit Jewels (Rambhajo brand) launches ₹165 crore mainboard IPO at ₹130-138 band. GMP signals ₹65 listing pop. Issue closes June 25, lists July 1 on BSE/NSE. FY25 profit at ₹25.37 crore; proceeds fund working capital and debt repayment.
Jaipur-based handcrafted jewellery maker Advit Jewels (brand Rambhajo) opens ₹165 crore mainboard IPO June 23-25 at ₹130-138 price band. Grey market signals ~47% listing pop. Proceeds fund working capital and debt repayment; listing on BSE/NSE July 1.