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MARKETS-ECONOMIC TIMES · INDIAN ·

Advit Jewels IPO Day 2: GMP signals 41% listing gains; should you subscribe?

As reported by Markets-Economic Times
Advit Jewels IPO has entered Day 2 of bidding with strong investor demand and a GMP of around 41%, indicating potential listing gains. The issue has been subscribed over 11 times, led by retail and NII interest. Proceeds will fund working capital, debt repayment and corporate expansion initiatives.
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Advit Jewels IPO has entered its second day of bidding, attracting strong investor demand. The Grey Market Premium (GMP) currently indicates potential listing gains of around 41%. The issue has been subscribed over 11 times, primarily driven by robust interest from retail and…

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