Jaipur's Advit Jewels (Rambhajo) opens Rs 165 cr IPO June 23 at Rs 130-138, GMP signals 68% pop
Handcrafted Polki/Kundan B2B maker Advit Jewels prices its all-fresh Rs 165.16 cr issue at Rs 130-138, with grey market premium of Rs 90-95 pointing to a 65-68% listing gain on July 1. Proceeds split evenly between Rs 65 cr working capital and Rs 65 cr debt repay; FY25 PAT Rs 25.4 cr on revenue Rs 125 cr.
Jaipur-based handcrafted jewellery maker Advit Jewels (brand Rambhajo) opens Rs 165 crore fresh-issue IPO June 23-25 at Rs 130-138 band; B2B Polki/Kundan player lists July 1 on BSE/NSE with 65-68% GMP premium.