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The Economic Times

Business

Akash Podishetti

Advit Jewels announces price band for its IPO opening on June 23. Check details

Advit Jewels IPO Jaipur

Advit Jewels, a Jaipur-based manufacturer of Kundan, Polki, diamond and studded jewellery, has fixed the price band for its initial public offering (IPO) at Rs 130-138 per share. The public issue will open for subscription on June 23 and close on June 25. Investors can bid for a minimum of 100 shares and in multiples thereafter.

The IPO comprises a fresh issue of 1.19 crore equity shares. At the upper end of the price band, the company is looking to raise about Rs 165 crore.

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