Four retail-linked IPOs hit market this week, led by Advit Jewels and Waterways Leisure
Jewelry retailer Advit Jewels opens at Rs 130-138 band alongside tourism play Waterways Leisure (Rs 769-808). SME issues from Riyaasat Lifestyle (Rs 102-108) and Anubhav Plast (Rs 77-80) continue subscription. Signals investor appetite for consumer-facing retail and lifestyle plays across mainboard and SME segments.
Four IPOs open this week including jewelry retailer Advit Jewels (Rs 130-138 band) and lifestyle/tourism plays Waterways Leisure and Riyaasat Lifestyle on mainboard and SME segments between June 22-26.
Why this matters
Advit Jewels' Rs 130-138 IPO follows its Rs 165 cr filing to fund a B2C pivot, UK-US entry, and a 30-store Rambhajo showroom rollout over three years.
Retail-company activity steady with 3,364 signals tracked over the past 90 days.