# Jaipur jeweller Advit Jewels dazzles on debut, hands investors a fat gain on day one > Advit Jewels shares listed at 187 rupees on the BSE against a 138-rupee issue price and opened at 188.90 rupees on the NSE. The IPO had drawn total subscription of 212.63 times. **Type:** article · **Category:** Market · **Published:** 2026-07-01 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/market/jayapura-ki-jvailari-knpani-advit-jewels-ki-dhamakedara-entri-pahale-hi-dina-niveshakon-ki-jholi-bhari-3837 · **Language:** English **Tags:** Advit Jewels IPO, IPO listing, Advit Jewels share price, Jaipur jewellery company, IPO subscription, stock market, listing gain Jaipur based jewellery company Advit Jewels made a striking debut on the domestic stock market, rewarding its investors with a handsome gain on the very first day of trading. On the BSE, the stock listed at 187 rupees, a 35.50 percent premium over its 138-rupee issue price. On the NSE, the shares opened even higher at 188.90 rupees, which is 36.88 percent above the issue price. By listing day, the company's market capitalisation stood at 814.27 crore rupees. ## Subscribed more than 212 times The IPO opened on 23 June and closed on 25 June, drawing heavy participation from investors. By the third and final day on 25 June, the Advit Jewels issue had been subscribed a total of 212.63 times. What stood out was that investors across every category piled in enthusiastically. ## NII investors led the charge The strongest appetite came from non-institutional investors (NII), whose reserved portion was subscribed 536.38 times. The quota set aside for qualified institutional buyers (QIB) was subscribed 174.98 times, while retail investors booked their share 95.30 times over. The issue had been fully subscribed on Tuesday, the very first day it opened. ## Shares allotted on 29 June Advit Jewels raised 165 crore rupees through the offering. The company had fixed a price band of 130 rupees to 138 rupees per share. Retail investors were allotted 100 shares in one lot. The allotment of shares was completed on Monday, 29 June. ## A fully fresh issue The entire IPO was a fresh issue of 1.20 crore new shares, with no offer for sale (OFS) component. The company plans to use 65 crore rupees of the proceeds to repay debt and another 65 crore rupees to meet working capital needs, with the remaining amount going towards general corporate purposes. **_Disclaimer: This article is written for information purposes only. Always consult your financial advisor before making any investment or taking any financial risk._** ## What this means for you - **For investors:** Anyone who was allotted Advit Jewels shares booked a gain of roughly 35 to 37 percent on listing day itself, as money put in at 138 rupees rose to about 187 to 189 rupees. - **For general readers:** Despite the 212-times subscription, most small investors got few or no shares in the allotment, so the bumper listing gain reached only those who actually received shares. ## Questions & Answers ### 1. At what price did Advit Jewels shares list? The stock listed at 187 rupees on the BSE and 188.90 rupees on the NSE, against an issue price of 138 rupees. ### 2. How much subscription did the IPO receive? By the final day, the IPO had drawn total subscription of 212.63 times. ### 3. Which category saw the highest bidding? The NII portion was subscribed 536.38 times, the QIB portion 174.98 times, and the retail portion 95.30 times. ### 4. What were the price band and lot size? The price band was 130 to 138 rupees per share, and one lot consisted of 100 shares. ### 5. How much did the company raise through the IPO? Advit Jewels raised 165 crore rupees through the offering. ### 6. How will the IPO proceeds be used? 65 crore rupees will go towards repaying debt and 65 crore rupees towards working capital, with the rest used for general corporate purposes. ### 7. When were the shares allotted? The shares were allotted on Monday, 29 June. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._