Advit Jewels IPO enters its final bidding day with strong investor interest, backed by robust subscription levels and a healthy grey market premium. Retail and NII participation remain particularly strong, while QIB demand is comparatively moderate. The issue is fully fresh, with proceeds aimed at debt reduction and working capital needs.
Advit Jewels IPO is on its final bidding day, attracting significant investor interest, especially from retail and NIIs. A robust grey market premium suggests potential 38% listing gains. The fresh issue aims to utilize proceeds for debt reduction and working capital,…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.