Advit Jewels IPO oversubscribed 212x; Rambhajo maker eyes 35% listing pop on July 1
Jaipur-based premium jeweller Advit Jewels (Rambhajo label), known for Kundan, Polki and diamond pieces, drew 212.63x demand on its Rs 165.16 crore IPO. Price band Rs 130-138; grey-market premium of Rs 49 implies a Rs 187 debut (35.51% gain). Allotment finalises June 29, listing on BSE/NSE July 1.
Jaipur-based jewellery firm Advit Jewels (Rambhajo label), specialising in Kundan, Polki and diamond pieces, saw its Rs 165 crore IPO oversubscribed 212x. Allotment finalises June 29, listing on BSE/NSE July 1.