Advit Jewels IPO Day 3: Subscription Soars Past 72 Times As ₹165 Crore Issue Closes Today

Mumbai, June 25: The Advit Jewels IPO enters its final day of subscription today, with investors having until the close of market hours to place their bids. The ₹165.16 crore mainboard public issue has witnessed a sharp jump in demand over the three-day bidding period, attracting strong participation across investor categories, particularly from high-net-worth investors (HNIs).

According to the latest exchange data available at 10:48 AM on June 25, the IPO was subscribed 72.27 times overall. The biggest response came from the Non-Institutional Investor (NII) segment, where bids exceeded the reserved quota by more than 218 times. Retail investors also continued to participate aggressively, while Qualified Institutional Buyers (QIBs) recorded healthy demand on the final day.

With several hours of bidding still left, the final subscription numbers are expected to move even higher before the issue closes later today.

Advit Jewels IPO Day 3 Subscription Status

Advit Jewels IPO closes today. Check Day 3 subscription status, latest bidding figures, issue details, allotment timeline and listing schedule.

Category-wise subscription:

• Overall: 72.27x
• QIB (Ex-Anchor): 5.19x
• NII: 218.79x
• bNII: 208.97x
• sNII: 238.98x
• Retail: 47.75x

The issue had received 15.72 lakh applications at the latest update, reflecting broad-based investor participation across categories.

The sharp increase in subscriptions on the final day highlights sustained demand, particularly from non-institutional investors, who continue to dominate the bidding activity.

Issue Details

Advit Jewels is looking to raise ₹165.16 crore through an entirely fresh issue of 1.19 crore equity shares. Since there is no offer for sale, the entire proceeds from the IPO will be utilised by the company for its planned business objectives.

The IPO has been offered in a price band of ₹130 to ₹138 per share.

Price Band and Lot Size

Investors can bid for a minimum of 100 equity shares, with applications required in multiples thereafter.

• Minimum retail investment: ₹13,800
• Minimum sHNI investment: ₹2,07,000
• Minimum bHNI investment: ₹10,07,400

Reservation Structure

The issue has been divided among investor categories as follows:

• QIB: 59.81 lakh shares (49.98%)
• Retail: 41.90 lakh shares (35.01%)
• NII: 17.97 lakh shares (15.01%)

Anchor investors had already participated before the public issue opened for subscription.

Important Dates

• IPO Opens: June 23, 2026
• IPO Closes: June 25, 2026
• Tentative Allotment: June 29, 2026
• Refund Initiation: June 30, 2026
• Credit of Shares: June 30, 2026
• Tentative Listing: July 1, 2026

About Advit Jewels Ltd.

Advit Jewels Ltd. is engaged in the jewellery business, offering a range of gold and diamond jewellery products across multiple categories. The company focuses on designing, manufacturing and marketing jewellery for retail customers while catering to evolving consumer preferences in the organised jewellery market.

The proceeds from the fresh issue are intended to support the company’s expansion plans, strengthen working capital requirements and meet general corporate purposes.

Conclusion

Advit Jewels IPO heads into the final hours of bidding with exceptionally strong investor demand already in place. The NII category has emerged as the biggest driver of subscriptions, while retail investors and QIBs have also shown robust participation. With subscriptions closing later today, the market will now watch the final demand figures after market hours before attention shifts to the allotment process on June 29 and the proposed stock market debut on July 1.

Source:

• https://www.chittorgarh.net/reports/anchor-investor/advit-jewels-anchor-report.pdf