Jaipur's Advit Jewels IPO saw overwhelming investor interest, subscribed 93 times, with retail investors leading the charge. The grey market signals strong listing expectations with a 40% premium. The Rs 165 crore IPO aims to bolster working capital and reduce debt, reflecting the handcrafted jewellery brand's growth ambitions. Brokerages recommend subscribing, citing strong financials and market position.
Advit Jewels IPO concluded with over 93 times subscription, driven by strong retail investor interest. The grey market premium suggests a robust 40% listing gain. This Rs 165 crore IPO aims to enhance working capital and reduce debt for the handcrafted jewellery brand, with…
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