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Market News

Advit Jewels IPO Day 3: Check subscription status, allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

3 min read | Updated on June 25, 2026, 07:45 IST

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SUMMARY

Advit Jewels IPO is a fresh issuance of 1.20 crore shares worth ₹165.16 crore. With a price band of ₹130 to ₹138 per share, a lot consists of 100 shares.

Advit Jewels is engaged in the manufacturing and sale of traditional and contemporary handcrafted fine jewellery. | Image: rambhajo.com

Advit Jewels is engaged in the manufacturing and sale of traditional and contemporary handcrafted fine jewellery. | Image: rambhajo.com

The initial public offering of Jaipur-based jewellery manufacturer Advit Jewels will conclude on Thursday, June 25. The subscription status for the final day will be updated post 10 am.

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As of Day 2, the issue was subscribed 44.07 times. It got bids for 36,92,65,800 shares compared to 83,79,300 shares on offer, according to the NSE data.

CategorySubscription Status
Qualified Institutional Buyers (QIBs)1.56 times
Non-Institutional Investors121.03 times
Retail Investors35.34 times
Total44.07 times

It is a fresh issuance of 1.20 crore shares worth ₹165.16 crore. The money generated will be utilised for working capital requirements, debt clearance and general corporate purposes.

With a price band of ₹130 to ₹138 per share, a lot consists of 100 shares.

Advit Jewels is engaged in the manufacturing and sale of traditional and contemporary handcrafted fine jewellery. Its products include polki, kundan, diamond and studded jewellery. The firm operates under its long-established brand, "Rambhajo", since 1921. It combines over 100 years of jewellery craftsmanship and business heritage with modern manufacturing capabilities.

Advit Jewels IPO allotment and listing date

Advit Jewels IPO allotment status is expected to be finalised on Monday, June 29. The listing on stock exchanges will occur on July 1.

ALSO READ | Sky Alloys and Power files DRHP for IPO with fresh issue and OFS component

How to check Advit Jewels IPO allotment status on NSE

Steps to check Advit Jewels IPO allotment status on Bigshare Services

  • Go to Bigshare Services' IPO allotment link: www.bigshareonline.com/ipo_Allotment.html
  • Select any server from the 3 options
  • Click on 'Advit Jewels Ltd' from the list of IPOs
  • Enter any of these—beneficiary ID, application number or PAN
  • Complete the 'captcha' to verify
  • Press the 'Search' button

Advit Jewels IPO GMP

According to investorgain.com and media reports, unlisted shares of Advit Jewels were trading at ₹190 per share, reflecting a grey market premium (GMP) of 37.68% or ₹52 over the upper price band of ₹138.

Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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