Jaipur-based handcrafted jewellery brand Advit Jewels was subscribed 20.49 times on the second day of bidding as of 11:43 am, against a total offer of 83.79 lakh shares. The retail segment led the demand, with a subscription of 19.54 times, underscoring strong participation from individual investors.
The IPO is commanding a grey market premium (GMP) of around 41%, reflecting strong investor appetite.