Advit Jewels IPO Shines with Strong Investor Demand, Issue Subscribed 212.63 Times

Non-Institutional Investors portion subscribed 536.38 times on Day 3
 
Mumbai, June 25, 2026: The Initial Public Offering of Advit Jewels Limited IPO was subscribed 212.63 times on the final day of bidding.
The issue received bids of 1,78,16,51,400 equity shares against the offered 83,79,300 equity shares, according to data available on the stock exchanges.
Non-institutional Portion and Qualified Institutional Buyers portion were subscribed 536.38 and 174.98 times, respectively. Retail portion was subscribed 95.30 times.
About the Advit Jewels Limited
Advit Jewels is in the heart of India's gemstone and jewellery hub Jaipur, Rajasthan, and it is a manufacturer and seller of traditional and contemporary handcrafted fine jewellery, specializing in Kundan, Polki, diamond and studded pieces. Its brand name is Rambhajo. 
The company’s expertise in craftsmanship and a keen understanding of changing customer tastes, the company blends traditional methods with contemporary designs to create jewellery that feels both timeless and relevant. Its pieces are crafted using age-old techniques, but it also incorporates modern design elements, ensuring each item is not only beautiful but also reflects a rich cultural heritage. The result is jewellery that is elegant, meaningful and appeals to both classic and modern sensibilities.
 
The table below shows subscription data for all the categories of investors:
Advit Jewels Limited
Last updated on
25 Jun 2026 | 05:30:00 PM
Sr.No.
Category
No.of shares offered/reserved
No. of shares bid for
No. of times of total meant for the category
1
Qualified Institutional Buyers (QIBs)
23,92,600
41,86,47,500
174.98
1(a)
Foreign Institutional Investors (FIIs)
-
4,95,84,200
-
1(b)
Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)
-
16,41,14,500
-
1(c)
Mutual Funds
-
20,90,700
-
1(D)
Others
-
20,28,58,100
-
2
Non Institutional Investors(NIIS)
17,96,700
96,37,11,700
536.38
2.1
Non Institutional Investors(Bid amount of more than Ten Lakh Rupees)
11,97,800
66,31,67,800
553.65
2.1(a)
Corporates
-
53,20,800
-
2.1(b)
Individuals (Other than RIIs)
-
63,22,34,500
-
2.1(c)
Others
-
2,56,12,500
-
2.2
Non Institutional Investors(Bid amount of more than Two Lakh Rupees and upto 10 lakh rupees)
5,98,900
30,05,43,900
501.83
2.2(a)
Corporates
-
4,54,300
-
2.2(b)
Individuals (Other than RIIs)
-
29,16,66,600
-
2.2(c)
Others
-
84,23,000
-
3
Retail Individual Investors (RIIs)
41,90,000
39,92,92,200
95.30
3(a)
Cut Off
-
34,01,33,900
-
3(b)
Price Bids
-
5,91,58,300
-
4
Employee Reserved
-
-
-
4(a)
Employee (Cut off)
-
-
-
4(b)
Employee (Price)
-
-
-
5
Reservation PortionShareholder
-
-
-
5(a)
RPS (Cut off)
-
-
-
5(b)
RPS (Price)
-
-
-
 
Total
83,79,300
1,78,16,51,400
212.63

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