Advit Jewels IPO Day 1 LIVE: Issue booked 2.03x so far. GMP hints 46% listing pop. Should you buy or not? (opens original article in a new tab)

Advit Jewels IPO opened on 23 June with a grey market premium indicating a potential 46% listing pop, as the company raised funds from anchor investors.

• Advit Jewels IPO opened for public subscription on 23 June and will close on 25 June
• GMP of ₹64 suggests a 46.38% estimated listing price increase over the IPO price of ₹138
• The company raised ₹49.52 crore from anchor investors at ₹138 per share