Advit Jewels IPO day 1: GMP, subscription status, review, date, size to other details. Apply or not?

Advit Jewels IPO Day 1: The initial public offering (IPO) of the jewellery brand Advit Jewels Ltd has opened today, and will remain open until 25 June 2026. The company management has offered Advit Jewels shares at a price band of ₹130 to ₹138 per equity share. The company aims to raise ₹165 crore, which means Advit Jewels IPO size is ₹165 crore. The book build issue is entirely fresh. Meanwhile, shares of the company are available in the grey market ahead of the Advit Jewels IPO opening. According to market observers, the company's shares are available at a premium of ₹64 in the grey market today. So, Advit Jewels IPO GMP (Grey Market Premium) today is ₹64.

Here we list out important Advit Jewels IPO details in 10 points:

1] Advit Jewels IPO GMP today: According to market observers, shares of the company are available at a premium of ₹64 in the grey market today.

2] Advit Jewels IPO date: The public issue has opened today, and will remain open until 25 June 2026.

3] Advit Jewels IPO price: The company management has offered Advit Jewels shares at a price band of ₹130 to ₹138 per equity share.

4] Advit Jewels IPO size: The company aims to raise ₹165 crore, which means Advit Jewels IPO size is ₹165 crore through the issuance of fresh shares.

5] Advit Jewels IPO lot size: A bidder will be able to apply for the public issue in lots, and one lot of the public offer comprises 100 company shares.

6] Advit Jewels IPO allotment date: The tentative date for the finalisation of share allotment is 26 June 2026.

7] Advit Jewels IPO registrar: Bigshare Services Private Limited has been appointed the official registrar of the book build issue.

8] Advit Jewels IPO listing: The public issue is proposed for listing on the BSE and the NSE.

9] Advit Jewels IPO listing date: The most likely date for share listing is 1st july 2026.

10] Advit Jewels IPO review: Giving a ‘buy’ tag to the public issue, Equivision says, “The company primarily follows a B2B model, supplying dealers, retailers and showrooms, while also catering to B2C customers through bespoke, made-to-order jewellery. At the upper price band of ₹138 per share, Advit Jewels Limited is valued at a post-issue P/E of 24.92x and a P/B ratio of 7.60x based on FY25 financials. The valuation appears expensive when compared to its listed peers. However, an investor can apply for the public issue.”

“The issue looks slightly higher priced, but looking at the market sentiments and jewellery market outlook, one can apply for the public issue for the listing gains,” said Avinash Gorakshkar, a SEBI-registered fundamental market analyst.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Asit Manohar has nearly two decades of experience in the mainstream media. In this period, he has served esteemed media organisations like NDTV Profit, The Economic Times, and Zee Business. He has been working at LiveMint Digital since April 2021. During these two decades of journey in mainstream media, Asit has mainly covered external affairs, markets and personal finance. However, his earliest beats include railways, SME, MSME, and politics (Congress beat). Some of his features on political, economic, and foreign policy are documented in the parliamentary records. <br><br> While pursuing his MA (Mass Communication, Session 2004-06), Asit began his media career as a stringer at All India Radio in Varanasi. At AIR Varanasi, Asit worked with the Gyanvani, Yuvvani and Vividh Bharti teams. After working for nearly one year at AIR Varanasi, he shifted to print journalism and started working as a stringer for the HT Media Ltd, Varanasi. At HT Media Ltd in Varanasi, he covered the BHU beat. <br><br> Asit has also worked with some brokerage houses. He has worked with Religare Broking and India Infoline, where he assisted the research team in developing and executing trade strategies for intraday cash, F&O, and commodities. <br><br> Asit is a Gold Medalist in MA (Mass Communication) from BHU, Varanasi. He did his BSc. (Hons) in Mathematics from Magadh University, Bodh Gaya. Asit was a National Talent Scholarship holder during his senior secondary studies (1988-91).