# Advit Jewels IPO Secures Over 212x Subscription Ahead of July 1 Debut With Rs 49 GMP > Jaipur-based Advit Jewels received bids over 212 times for its Rs 165.16 crore IPO, which is slated to list on domestic bourses on July 1. **Type:** article · **Category:** Market · **Published:** 2026-09-22 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/market/advit-jewels-ke-ipo-ko-mila-212-guna-se-adhika-abhidana-gre-marketa-men-49-rupaye-ka-primiyama-36020 · **Language:** English **Tags:** Advit Jewels, IPO, Grey Market Premium, Stock Market, NSE, Share Market Jaipur-based jewellery manufacturer Advit Jewels has witnessed massive demand for its initial public offering across all investor segments in the primary market. The issue opened for bidding on June 23 and concluded on June 25. By the third and final day of the subscription window, the offering was booked an overwhelming 212.63 times overall. Bidders across every quota showed aggressive interest. According to data available on the NSE, the company put up 83,79,300 equity shares on offer to raise Rs 165.16 crore, against which it gathered applications for an enormous 1,78,16,51,400 shares. ## Non-Institutional Segment Drives Massive Bidding Interest Bidding data revealed that the non-institutional investor category witnessed the strongest demand, with its reserved portion being subscribed 536.38 times. Qualified institutional buyers also showed broad participation, booking their allocated quota 174.98 times. Retail individual investors stepped in with strong appetite as well, subscribing to their bucket 95.30 times. The issue had already sailed through full subscription on its very first day of opening on Tuesday. This widespread investor enthusiasm has placed the offering among the most favored public issues of 2026. ## Issue Pricing, Lot Size, and Key Allotment Milestones Through this public issue, Advit Jewels is aiming to raise a total of Rs 165 crore. The company had set the pricing corridor between Rs 130 and Rs 138 per equity share. For retail participants, the minimum bid size was fixed at a single lot consisting of 100 shares. Looking ahead at the post-issue calendar, the finalization of share allotment is scheduled to take place on Monday, June 29. Successful applicants will see their shares credited to demat accounts on June 30, while unallotted investors will receive their fund unblocking and refunds on the same day. The equity shares are slated to make their trading debut on the domestic bourses on Wednesday, July 1. ## Grey Market Premium Signals Strong Listing Premium On the back of immense bidding traction, sentiment in the unlisted grey market has remained elevated. Unofficial market indicators show the shares trading at a grey market premium of Rs 49, which translates to a potential listing markup of 35.51 percent over the upper price band of Rs 138 per share. With listing day still a few sessions away, the unofficial premium may see further movements, either extending gains or witnessing brief corrections before formal trading begins. ## What this means for you Investors who applied for the Advit Jewels IPO face crucial milestones over the coming days regarding allotment status, account credits, and listing debut. - **Allotment Confirmation:** Share allocation will be finalized on June 29. Bidders can check their application status on that day to confirm whether they received any lots. - **Refunds and Account Credits:** Unsuccessful applicants will see their blocked application funds released on June 30. Successful bidders will have their allotted shares credited in lots of 100 to their demat accounts on the same date. - **Market Listing Date:** Formal trading on the domestic bourses begins on July 1. Allocated investors will be able to trade their shares or book listing-day gains starting from that session. - **Listing Gain Prospects:** Grey market pricing indicates an estimated 35.51 percent premium over the issue price. Successful applicants may see a positive opening markup if the premium holds until the opening bell. ## Why this happened The extraordinary oversubscription of the Advit Jewels public issue was driven by aggressive institutional bidding, reasonable pricing, and strong listing gain expectations. - **Attractive Price Corridor:** The company priced its offering between Rs 130 and Rs 138 per share. Market participants found the valuation appealing, driving full subscription on the very first day. - **Heavy Institutional and NII Bidding:** Non-institutional bids surged past 536 times, while qualified buyers subscribed nearly 175 times. Aggressive participation from large money managers bolstered confidence across retail investors. - **Elevated Unofficial Premium:** A consistent grey market premium of Rs 49 signaled strong listing gains. The expectation of an approximate 35.51 percent upside prompted aggressive bidding right up to the close of the issue. ## Questions & Answers ### 1. What was the total subscription received by Advit Jewels IPO? The public offering closed with an overall subscription of 212.63 times, receiving bids for 1,78,16,51,400 shares. ### 2. When will the share allotment for the issue be finalized? The share allotment for the offering is scheduled to be completed on Monday, June 29. ### 3. What was the price band and minimum lot size for the offering? The price band was fixed at Rs 130 to Rs 138 per share, with retail bidders required to apply for a minimum of 100 shares per lot. ### 4. When are the shares scheduled to list on the bourses? The equity shares of Advit Jewels are slated to make their market debut on Wednesday, July 1. ### 5. What is the grey market premium currently indicating? The shares are trading at an unofficial premium of Rs 49 per share, representing a 35.51 percent markup over the upper issue price. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._