Advit Jewels opens Rs 130-138 IPO June 23, eyes Rs 130 crore for working capital and debt
Advit Jewels' three-day public issue runs June 23-25, 2026, offering ~1.2 crore fresh shares in a 100-share lot. The jewellery retailer earmarks Rs 65 crore each for working capital and debt repayment, with Holani Consultants leading and Bigshare as registrar. Allocation: QIB <=50%, NII >=15%, retail >=35%.
Advit Jewels opens its IPO June 23-25, 2026 at a Rs 130-138 price band, issuing ~1.2 crore fresh shares. Proceeds fund working capital, debt repayment, and general corporate purposes, with Holani Consultants as lead manager.