Advit Jewels' Rs 160 Cr IPO Books 44x; GMP Signals Strong Debut
Jaipur-based jewellery brand Advit Jewels (Rambhajo label) closed its mainboard IPO subscribed 44.16x with a GMP of Rs 52 over the Rs 130-138 price band. FY25 revenue rose 79.9% to Rs 124.94 cr, PAT up 72.47% to Rs 25.37 cr. Lists on BSE/NSE July 1.
Jaipur-based jewellery brand Advit Jewels (Rambhajo label) closes its Rs 160-crore mainboard IPO with 44x subscription and strong GMP. Listing on BSE/NSE July 1; FY25 revenue grew 80% to Rs 125 crore.