Advit Jewels IPO GMP signals 46% listing pop: From issue size to key risks, here are 10 things to know from the RHP (opens original article in a new tab)
Advit Jewels is launching a ₹165 crore IPO with a ₹130-138 price band, showing strong grey market interest with a 46% listing pop forecast. The company plans to use funds for working capital and faces risks like input cost volatility and regional dependency.
- Advit Jewels is launching a ₹165 crore IPO with a price band of ₹130-138 per share, opening on June 23.
- Grey market premium suggests a 46% listing pop, with shares trading at ₹202 unofficially.
- The company plans to use ₹65 crore for working capital and faces risks including input cost fluctuations and regional dependency on Jaipur.
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