Advit Jewels' IPO was oversubscribed 200 times, with robust participation across categories. The issue comprises 1.20 crore shares priced at ₹130-138, aiming to raise ₹165.16 crore for working capital and debt repayment. The stock may list at a premium, reflecting strong market interest.
Advit Jewels' IPO saw massive oversubscription, booked 213 times on Day 03, indicating strong investor confidence. The issue, priced at ₹130-138 per share, aims to raise ₹165.16 crore. Market buzz suggests a significant 38% premium upon listing, driven by high demand from NII…
Market Samachar is a news aggregator. This article was originally published by mint - markets. Tap the button above to read the full story on their site.