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MARKETS-ECONOMIC TIMES · INDIAN ·

Advit Jewels IPO opens tomorrow: GMP at 47%; SBI Securities recommends 'Subscribe'

As reported by Markets-Economic Times
Jaipur's handcrafted jewellery maker, Advit Jewels, is set to launch its IPO on June 23, 2026, with strong grey market interest indicating a potential listing premium. The Rs 165.16 crore issue aims to strengthen the balance sheet, fund working capital, and repay debt. Specializing in Kundan and Polki under the Rambhajo brand, the company boasts a heritage of craftsmanship and a fully integrated manufacturing facility.
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Advit Jewels, a Jaipur-based handcrafted jewellery maker, will launch its Rs 165.16 crore IPO on June 23, 2026. The issue, which aims to fund working capital and repay debt, is seeing strong grey market interest with GMP at 47%. SBI Securities has recommended 'Subscribe' to the…

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