Advit Jewels Limited IPO Subscribed 11.18 Times on Day 1 of IPO
NII Portion Subscribed 23.73 Times on Day 1 Mumbai, June 23, 2026 : The Initial Public Offering of Advit Jewels Limited was subscribed 11.18 times on the first day of bidding, demonstrating strong demand from qualified institutional buyers (QIB), retail and non-institutional investors for this IPO. The issue received bids of 9,36,73,100 equity shares against the offered 83,79,300 equity shares, according to data available on the stock exchanges. Retail Portion and Non-institutional portion were subscribed 11.55 and 23.73 times, respectively. Qualified Institutional Buyers was subscribed 1.11 times. The issue kicked off for subscription on Tuesday, June 23, 2026 , and will close for subscription on Thursday, June 25, 2026 . A day before the opening of the issue, Advit Jewels Limited had raised Rs 49.52 crore from anchor investors. Leading brokerage firms like Anand Rathi, Marwadi Financial Services, SBI Securities and SMIFS Limited have given their “Subscribe” recommendation to A...