Yaashvi Jewellers' ₹44 cr SME IPO scrapes through at 1.18x on day 3, GMP flat at zero
Jaipur-based gold jewellery maker priced at ₹83/share is limping across the line: NII subscribed 1.83x but retail only 44% covered. Zero grey-market premium signals tepid listing appetite. Proceeds earmarked for working capital, debt repayment and retail expansion.
Jaipur-based gold jewellery maker Yaashvi Jewellers' ₹44 crore SME IPO at ₹83/share is 1.18x subscribed by day 3, with NII at 1.83x and retail at 44%. GMP flat. Proceeds fund working capital, debt repayment, retail expansion.