Advit Jewels IPO Subscribed 43.26 Times on Day 2
5paisa Capital Ltd
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Last Updated: 24th June 2026 - 05:16 pm
Advit Jewels Limited's initial public offering (IPO) recorded an overall subscription of 43.26 times by 4:49 PM on Day 2 (June 24, 2026). The ₹165.16 crore book-build issue, priced at ₹130 to ₹138 per share, received bids for 36,24,61,300 shares against 83,79,300 shares on offer, with total applications reaching 11,36,036.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Advit Jewels IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (June 23) | 1.11 | 23.21 | 11.35 | 10.97 |
| Day 2 (June 24) | 1.55 | 118.18 | 34.95 | 43.26 |
Here are the subscription details for Advit Jewels IPO Day 2, as of 5:04 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 35,88,700 | 35,88,700 | 49.52 |
| QIB (Ex-Anchor) | 1.55 | 23,92,600 | 37,05,000 | 51.13 |
| NII | 118.18 | 17,96,700 | 21,23,25,800 | 2,930.10 |
| Individual Investors | 34.95 | 41,90,000 | 14,64,30,500 | 2,020.74 |
| Total | 43.26 | 83,79,300 | 36,24,61,300 | 5,001.97 |
Key Highlights – Day 2
- Overall subscription surged to 43.26 times, from Day 1's 11.30 times, driven by a sharp acceleration in NII demand on Day 2.
- Non-institutional investors led with exceptional demand at 118.18 times, surging from Day 1's 23.86 times, with sNII at 156.46 times and bNII at 99.18 times, reflecting extraordinary HNI appetite for this Jaipur-based handcrafted jewellery IPO.
- Retail investors improved to 34.95 times from Day 1's 11.74 times.
- Qualified institutional buyers (ex-anchor) improved marginally to 1.55 times from Day 1's 1.11 times.
Key Highlights – Day 1
- Overall subscription crossed full subscription strongly at 10.97 times on Day 1 (June 23, 2026), reflecting exceptional initial investor interest in this handcrafted fine jewellery IPO.
- Non-institutional investors led with strong demand at 23.21 times, with sNII at 35.91 times and bNII at 16.88 times on the opening day, reflecting strong HNI appetite for this Jaipur-based jewellery company.
- Retail investors recorded strong participation at 11.35 times on Day 1.
- Qualified institutional buyers (ex-anchor) crossed full subscription at 1.11 times on Day 1.
- Anchor investors fully subscribed their allocation of ₹49.52 crores on June 22, 2026.
About Advit Jewels Limited
Incorporated in 2019, Advit Jewels Limited is a Jaipur-based handcrafted fine jewellery company specialising in Kundan, Polki, diamond, and studded pieces under the brand "Rambhajo", offering necklaces, earrings, rings, bangles, and customised jewellery in 14K and 18K gold. The company primarily operates on a B2B model supplying dealers, showrooms, and retailers, with B2C sales for made-to-order pieces.
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