Advit Jewels IPO GMP Day 2 Live Updates: Advit Jewels issue enters second day of bidding. Check GMP and other key details (opens original article in a new tab)

Advit Jewels IPO continues to attract strong investor demand on Day 2 with a 41% grey market premium, following a 11.18x subscription on Day 1, with listing expected in July.

• Advit Jewels IPO entered Day 2 with strong demand after 11.18x subscription on Day 1 and a 41% GMP.
• The IPO is priced at Rs 130-138 per share with a grey market premium of 41% indicating strong listing expectations.
• Brokerages recommend subscribing due to strong revenue growth and profitability, though risks include gold price volatility and customer concentration.