Advit Jewels IPO final bidding day: GMP hints at 38% listing gains. Should you subscribe? (opens original article in a new tab)
Advit Jewels IPO is experiencing high demand with a 38% grey market premium, strong subscription rates, and positive brokerage recommendations.
- Advit Jewels IPO has a grey market premium of 38% indicating strong investor interest.
- The IPO was subscribed 44.16 times with retail investors booking 35.46 times.
- The company plans to use proceeds for working capital, debt repayment, and corporate purposes.
- Brokerage firms SBI Securities and Equivision recommend subscribing to the IPO.
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