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The Economic Times — Marketseconomictimes.indiatimes.com

Advit Jewels IPO final bidding day: GMP hints at 38% listing gains. Should you subscribe? (opens original article in a new tab)

TL;DR

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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