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The Economic Times
The Economic Times
Business
Ritesh Presswala

Advit Jewels IPO opens tomorrow: GMP at 47%; SBI Securities recommends 'Subscribe'

Advit Jewels SBI Securities IPO Jaipur

Advit Jewels IPO, the public issue of Jaipur-based handcrafted jewellery maker Advit Jewels, will open for subscription on June 23, 2026. Ahead of the launch, the IPO is attracting strong interest in the grey market, with shares commanding a premium of around 47% over the upper price band.

At the current grey market premium (GMP), the stock is estimated to list at around Rs 202 per share, compared with its issue price of Rs 138, indicating robust investor sentiment.

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